Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1137%/8h= −124.5% APRpaid last 24h −0.001%

Price spread now: BloFin against Kraken Futures+0.001%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$34 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOXSUSD	34.180	0.1158	pay 0.0145% / 1h	23m 10s	$8K	$31K	20x
Short	BloFin SOXS-USDT	34.180	0.0021	get 0.0021% / 8h	5h 23m	$192K	$54K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BloFinbpOrdersPrice spread, now +0.001%Rate

Funding earned: −$238.76
Price spread: +0.001% → 0.000%: $0.09
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$260.67
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures no order-book sample	—	—	—	—	—
Sell BloFin live order book, 14 min ago	1.47 bp	8.6 bp −$9	15.6 bp −$156	45.0 bp −$4,501	139.3 bp −$69.7K

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SOXSUSDT	−0.0121%	8h	34.205	+0.074%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.200	+0.059%	$15.8M	$172.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.190	+0.030%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.200	+0.059%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.198	+0.054%	$431K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.200	+0.059%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.210	+0.089%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.200	+0.059%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDTshort	+0.0021%	8h	34.180	+0.001%	$192K	$54K	25x
Lighter SOXS	+0.0032%	1h	34.155	−0.072%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0173%	8h	34.210	+0.089%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTM	+0.0247%	8h	34.210	+0.089%	$711K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0282%	8h	34.220	+0.118%	$3.1M	$17.2M	25x	as long as short
edgeX SOXSUSDC	+0.0449%	4h	34.236	+0.165%	$37K	$179K	10x	as long as short
Kraken Futures PF_SOXSUSDlong	+0.1158%	1h	34.180	long leg	$8K	$31K	20x