Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against KuCoin+0.140%80s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.140%, 7d avg −0.005%
=The price spread pays, funding is against you. BloFin is 0.145% dearer against KuCoin than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.005%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXSUSDTM | 35.720 | 0.0192 | pay 0.0192% / 8h | 1h 23m | $696K | $2.8M | 10x |
| Short | BloFin SOXS-USDT | 35.770 | 0.0171 | get 0.0171% / 8h | 1h 23m | $186K | $62K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.35
- Price spread: +0.140% → −0.005%
- $14.54
- Slippage, 4 orders
- −$77.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.05
- Costs to cover
- 1.012%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 51 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, 3 min ago | 1.40 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 1.40 bp | 8.5 bp −$9 | 11.3 bp −$113 | 38.8 bp −$3,883 | 124.9 bp −$62.5K |
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 SOXSUSDC | −0.0041% | 4h | 35.803 | +0.232% | $39K | $175K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.643 | −0.215% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.700 | −0.056% | $4.2M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.690 | −0.084% | $2.3M | $12.1M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.730 | +0.028% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.870 | +0.420% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.680 | −0.112% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.655 | −0.182% | — | — | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0097% | 8h | 35.710 | −0.028% | $2.9M | $20.9M | 25x | as long as short |
| Variational Omni SOXS | +0.0099% | 8h | 35.709 | −0.031% | $465K | $714K | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SOXSUSDT | +0.0137% | 8h | 35.690 | −0.084% | $15.2M | $195.4M | 25x | as long as short |
| MEXC SOXS_USDT | +0.0141% | 8h | 35.680 | −0.112% | $12.6M | $14.3M | 50x | as long as short |
| BloFin SOXS-USDTshort | +0.0171% | 8h | 35.770 | +0.140% | $186K | $62K | 25x | |
| KuCoin SOXSUSDTMlong | +0.0192% | 8h | 35.720 | long leg | $696K | $2.8M | 10x | |
| Bitget SOXSUSDT | +0.2343% | 8h | 35.643 | −0.216% | $6.0M | $19.4M | 20x | as long as short |
KuCoin SOXSUSDTM
BloFin SOXS-USDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
OKX SOXS-USDT-SWAP
Variational Omni SOXS
Binance SOXSUSDT
MEXC SOXS_USDT
Bitget SOXSUSDT