SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.010%

Price spread now: Bybit against KuCoin−0.056%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1191.187% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days+0.070%+$7 · spread now −0.056%, 7d avg +0.009%

Together, before fees+0.120%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.065% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	35.640	0.0100	pay 0.0100% / 8h	4m 08s	$691K	$2.8M	10x
Short	Bybit SOXSUSDT	35.620	0	get 0.0000% / 8h	4m 08s	$4.2M	$11.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$21
Price spread: −0.056% → +0.009%: −$6.51
Slippage, 4 orders: −$95.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$146.26
Costs to cover: 1.187%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 4 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	4.20 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.40 bp	12.1 bp −$12	21.0 bp −$210	doesn't fit	doesn't fit

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	−0.0155%	4h	35.689	+0.137%	$39K	$173K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0120%	1h	35.529	−0.311%	$8K	$32K	20x	as long as short
BloFin SOXS-USDT	−0.0009%	8h	35.630	−0.028%	$175K	$63K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.601	−0.108%	$14.7M	$198.1M	25x	as long as short
Bybit SOXSUSDTshort	0.0000%	8h	35.620	−0.056%	$4.2M	$11.5M	50x
OKX SOXS-USDT-SWAP	0.0000%	8h	35.620	−0.056%	$2.7M	$21.4M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.630	−0.028%	$2.9M	$12.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.600	−0.112%	$12.7M	$14.9M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.650	+0.029%	$463K	$709K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.600	−0.112%	—	$4.2M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	35.670	+0.084%	$12K	$27K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.600	−0.112%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.600	−0.112%	—	—	10x	as long as short
KuCoin SOXSUSDTMlong	+0.0100%	8h	35.640	long leg	$691K	$2.8M	10x
Bitget SOXSUSDT	+0.1806%	8h	35.562	−0.219%	$6.1M	$19.8M	20x	as long as short