Funding you earn now, next payment 08:00 UTC−0.0279%/8h= −30.6% APRnext payment −$2.79 per $10,000 · paid last 24h −0.068%
Price spread now: Bitget against KuCoin+0.003%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.003%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXSUSDTM | 34.160 | 0.0165 | pay 0.0165% / 8h | 5h 50m | $730K | $2.4M | 10x |
| Short | Bitget SOXSUSDT | 34.161 | −0.0114 | pay 0.0114% / 8h | 5h 50m | $6.0M | $16.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$58.59
- Price spread: +0.003% → +0.041%
- −$3.82
- Slippage, 4 orders
- −$95.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$181.66
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 3 min ago.
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 KuCoin live order book, 6 min ago | 2.93 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.02 bp | 14.6 bp −$15 | 30.3 bp −$303 | doesn't fit | doesn't fit |
SOXS on 14 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 SOXSUSDTshort | −0.0114% | 8h | 34.161 | +0.003% | $6.0M | $16.5M | 20x | |
| Binance SOXSUSDT | 0.0000% | 8h | 34.160 | 0.000% | $15.8M | $173.2M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 34.130 | −0.088% | $2.2M | $10.2M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.130 | −0.088% | $10.1M | $12.5M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.158 | −0.005% | $431K | $623K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.160 | 0.000% | — | $4.4M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.200 | +0.117% | $10K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.140 | −0.059% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.109 | −0.149% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTMlong | +0.0165% | 8h | 34.160 | long leg | $730K | $2.4M | 10x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXS-USDT-SWAP | +0.0200% | 8h | 34.160 | 0.000% | $3.1M | $17.2M | 25x | as long as short |
| Bybit SOXSUSDT | +0.0217% | 8h | 34.150 | −0.029% | $4.2M | $10.4M | 50x | as long as short |
| edgeX SOXSUSDC | +0.0428% | 4h | 34.157 | −0.009% | $37K | $180K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.1159% | 1h | 34.137 | −0.069% | $8K | $31K | 20x | as long as short |
KuCoin SOXSUSDTM
Bitget SOXSUSDT
Binance SOXSUSDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
OKX SOXS-USDT-SWAP
Bybit SOXSUSDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD