Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1167%/8h= −127.8% APRpaid last 24h −0.170%

Price spread now: edgeX against Kraken Futures+0.180%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 edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.180% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.180% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOXSUSD	35.317	0.0819	pay 0.0102% / 1h	7m 30s	$8K	$32K	20x
Short	edgeX SOXSUSDC	35.380	−0.0348	pay 0.0174% / 4h	2h 07m	$39K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.180%Rate

Funding earned: −$245.13
Price spread: +0.180% → 0.000%: $17.96
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$246.17
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; edgeX: live order book, 39 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 edgeX live order book, 39 min ago	8.48 bp	13.8 bp −$14	35.9 bp −$359	doesn't fit	doesn't fit

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
edgeX SOXSUSDCshort	−0.0348%	4h	35.380	+0.180%	$39K	$175K	10x
Bybit SOXSUSDT	0.0000%	8h	35.340	+0.065%	$4.2M	$11.3M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.310	−0.020%	$2.2M	$11.7M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.380	+0.178%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.410	+0.263%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.360	+0.122%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.289	−0.079%	—	—	10x	as long as short
Variational Omni SOXS	+0.0117%	8h	35.389	+0.203%	$451K	$712K	—	as long as short
BloFin SOXS-USDT	+0.0140%	8h	35.410	+0.263%	$184K	$60K	25x	as long as short
MEXC SOXS_USDT	+0.0143%	8h	35.320	+0.008%	$10.4M	$13.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0144%	8h	35.320	+0.008%	$15.1M	$191.7M	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0188%	8h	35.320	+0.008%	$2.9M	$20.2M	25x	as long as short
KuCoin SOXSUSDTM	+0.0254%	8h	35.320	+0.008%	$683K	$2.7M	10x	as long as short
Kraken Futures PF_SOXSUSDlong	+0.0819%	1h	35.317	long leg	$8K	$32K	20x
Bitget SOXSUSDT	+0.2036%	8h	35.302	−0.042%	$5.8M	$19.1M	20x	as long as short