SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.1% APRnext payment −$2.57 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin+0.028%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1291.289% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 7 days+0.047%+$5 · spread now +0.028%, 7d avg −0.005%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.201%, 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	35.370	0.0257	pay 0.0257% / 8h	2h 08m	$684K	$2.7M	10x
Short	Gate SOXS_USDT	35.380	0	get 0.0000% / 8h	2h 08m	$2.2M	$11.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.028%Rate

Funding earned: −$53.97
Price spread: +0.028% → −0.005%: $3.28
Slippage, 4 orders: −$101.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$179.6
Costs to cover: 1.289%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 5 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	4.24 bp	52.2 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.41 bp	15.0 bp −$15	43.9 bp −$439	92.8 bp −$9,275	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	−0.0348%	4h	35.380	+0.029%	$39K	$175K	10x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.380	+0.028%	$4.2M	$11.3M	50x	as long as short
Gate SOXS_USDTshort	0.0000%	8h	35.380	+0.028%	$2.2M	$11.7M	25x
SunX SOXS-USDT	0.0000%	8h	35.380	+0.028%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.410	+0.113%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.360	−0.028%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.329	−0.116%	—	—	10x	as long as short
Variational Omni SOXS	+0.0117%	8h	35.389	+0.053%	$451K	$712K	—	as long as short
BloFin SOXS-USDT	+0.0140%	8h	35.410	+0.113%	$184K	$60K	25x	as long as short
MEXC SOXS_USDT	+0.0141%	8h	35.380	+0.028%	$10.4M	$13.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0143%	8h	35.380	+0.028%	$15.1M	$191.7M	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0190%	8h	35.380	+0.028%	$2.9M	$20.3M	25x	as long as short
KuCoin SOXSUSDTMlong	+0.0257%	8h	35.370	long leg	$684K	$2.7M	10x
Kraken Futures PF_SOXSUSD	+0.0819%	1h	35.317	−0.150%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	+0.2064%	8h	35.340	−0.085%	$5.8M	$19.1M	20x	as long as short