Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin+0.028%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.028%, 7d avg −0.012%
=The price spread pays, funding is against you. SunX is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.012%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. Mind the row above: over the last 7 days funding on this pair paid +0.227%, 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 | 35.750 | 0.0100 | pay 0.0100% / 8h | 31m 26s | $694K | $2.8M | 10x |
| Short | SunX SOXS-USDT | 35.760 | 0 | get 0.0000% / 8h | 31m 26s | — | $4.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$21
- Price spread: +0.028% → −0.012%
- $4.02
- Slippage, 4 orders
- −$175.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$212.58
- Costs to cover
- 1.956%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; SunX: live order book, 7 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, 6 min ago | 2.80 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 46.15 bp | 67.4 bp −$67 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXSUSD | −0.0119% | 1h | 35.763 | +0.035% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.780 | +0.084% | $4.2M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.760 | +0.028% | $2.1M | $12.2M | 25x | as long as short |
| SunX SOXS-USDTshort | 0.0000% | 8h | 35.760 | +0.028% | — | $4.3M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 35.780 | +0.084% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.760 | +0.028% | $1.2M | $1.9M | 20x | as long as short |
| Variational Omni SOXS | +0.0013% | 8h | 35.778 | +0.078% | $462K | $707K | — | as long as short |
| OKX SOXS-USDT-SWAP | +0.0014% | 8h | 35.760 | +0.028% | $2.8M | $21.3M | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.740 | −0.028% | — | — | 10x | as long as short |
| Binance SOXSUSDT | +0.0055% | 8h | 35.755 | +0.015% | $15.1M | $197.1M | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXS_USDT | +0.0056% | 8h | 35.740 | −0.028% | $13.2M | $14.3M | 50x | as long as short |
| BloFin SOXS-USDT | +0.0083% | 8h | 35.750 | 0.000% | $178K | $63K | 25x | as long as short |
| KuCoin SOXSUSDTMlong | +0.0100% | 8h | 35.750 | long leg | $694K | $2.8M | 10x | |
| edgeX SOXSUSDC | +0.0679% | 4h | 35.754 | +0.011% | $39K | $175K | 10x | as long as short |
| Bitget SOXSUSDT | +0.1922% | 8h | 35.695 | −0.154% | $6.1M | $19.7M | 20x | as long as short |
KuCoin SOXSUSDTM
SunX SOXS-USDT
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Variational Omni SOXS
OKX SOXS-USDT-SWAP
Lighter SOXS
Binance SOXSUSDT
MEXC SOXS_USDT
BloFin SOXS-USDT
edgeX SOXSUSDC
Bitget SOXSUSDT