Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h —

Price spread now: Lighter against KuCoin−0.146%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.146% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	34.190	0.0112	pay 0.0112% / 8h	6h 13m	$737K	$2.4M	10x
Short	Lighter SOXS	34.140	0.0032	get 0.0004% / 1h	13m 38s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$16.8
Price spread: −0.146% → 0.000%: −$14.62
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$43.42
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Lighter: no order-book sample. Net counts fees only.

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	7.30 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXS on 14 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	−0.0954%	4h	34.205	+0.043%	$37K	$182K	10x	as long as short
Bitget SOXSUSDT	−0.0298%	8h	34.224	+0.099%	$6.1M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.235	+0.132%	$15.8M	$173.6M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.210	+0.058%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.190	0.000%	$11.3M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.189	−0.004%	$431K	$646K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.200	+0.029%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.160	−0.088%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.180	−0.029%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSshort	+0.0032%	1h	34.140	−0.146%	—	—	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXSUSDTMlong	+0.0112%	8h	34.190	long leg	$737K	$2.4M	10x
OKX SOXS-USDT-SWAP	+0.0164%	8h	34.300	+0.322%	$3.1M	$17.3M	25x	as long as short
Bybit SOXSUSDT	+0.0300%	8h	34.280	+0.263%	$4.2M	$10.5M	50x	as long as short
Kraken Futures PF_SOXSUSD	+0.0554%	1h	34.193	+0.010%	$8K	$31K	20x	as long as short