Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.353%−$35 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXSUSDTM34.1600.0165pay 0.0165% / 8h5h 50m$730K$2.4M10x
ShortBitget SOXSUSDT34.161−0.0114pay 0.0114% / 8h5h 50m$6.0M$16.5M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago2.93 bp54.7 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.02 bp14.6 bp −$1530.3 bp −$303doesn't fitdoesn't fit

SOXS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXSUSDTshort−0.0114%8h34.161+0.003%$6.0M$16.5M20x
Binance SOXSUSDT0.0000%8h34.1600.000%$15.8M$173.2M25xas long as short
Gate SOXS_USDT0.0000%8h34.130−0.088%$2.2M$10.2M25xas long as short
MEXC SOXS_USDT0.0000%8h34.130−0.088%$10.1M$12.5M50xas long as short
Variational Omni SOXS0.0000%8h34.158−0.005%$431K$623Kas long as short
SunX SOXS-USDT0.0000%8h34.1600.000%$4.4M10xas long as short
HTX SOXS-USDT0.0000%8h34.200+0.117%$10K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.140−0.059%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h34.109−0.149%10xas long as short
KuCoin SOXSUSDTMlong+0.0165%8h34.160long leg$730K$2.4M10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SOXS-USDT-SWAP+0.0200%8h34.1600.000%$3.1M$17.2M25xas long as short
Bybit SOXSUSDT+0.0217%8h34.150−0.029%$4.2M$10.4M50xas long as short
edgeX SOXSUSDC+0.0428%4h34.157−0.009%$37K$180K10xas long as short
Kraken Futures PF_SOXSUSD+0.1159%1h34.137−0.069%$8K$31K20xas long as short