Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h −0.125%

Price spread now: edgeX against KuCoin+0.193%98s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as 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−$1251.251% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.365%+$36 on $10k

Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.193%, 7d avg +0.004%

Together, before fees+0.041%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.189% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 98 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	34.170	0.0250	pay 0.0250% / 8h	5h 21m	$709K	$2.4M	10x
Short	edgeX SOXSUSDC	34.236	0.0449	get 0.0225% / 4h	1h 21m	$37K	$179K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.193%Rate

Funding earned: $41.88
Price spread: +0.193% → +0.004%: $18.92
Slippage, 4 orders: −$104.15
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$64.34
Costs to cover: 1.251%
Break-even: 17.8 days

Slippage from KuCoin: live order book, 5 min ago; edgeX: live order book, 40 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, 5 min ago	1.46 bp	70.3 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 40 min ago	8.76 bp	13.9 bp −$14	36.9 bp −$369	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
Bitget SOXSUSDT	−0.0117%	8h	34.160	−0.029%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.130	−0.117%	$15.8M	$172.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.130	−0.117%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.140	−0.088%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.198	+0.082%	$431K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.190	+0.059%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.210	+0.117%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.190	+0.059%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0021%	8h	34.180	+0.029%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	34.140	−0.088%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0173%	8h	34.150	−0.059%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTMlong	+0.0250%	8h	34.170	long leg	$709K	$2.4M	10x
OKX SOXS-USDT-SWAP	+0.0284%	8h	34.150	−0.059%	$3.1M	$17.2M	25x	as long as short
edgeX SOXSUSDCshort	+0.0449%	4h	34.236	+0.193%	$37K	$179K	10x
Kraken Futures PF_SOXSUSD	+0.1158%	1h	34.169	−0.004%	$8K	$31K	20x	as long as short