Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0372%/8h= −40.7% APRpaid last 24h —

Price spread now: Bitget against Lighter+0.150%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Bitget

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

The price spread pays, funding is against you. Bitget is 0.150% dearer against Lighter than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	33.979	0.0032	pay 0.0004% / 1h	36m 41s	—	—	10x
Short	Bitget SOXSUSDT	34.030	−0.0340	pay 0.0340% / 8h	4h 36m	$5.9M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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 LighterbpFee BitgetbpOrdersPrice spread, now +0.150%Rate

Funding earned: −$78.12
Price spread: +0.150% → 0.000%: $15.01
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$75.11
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 2 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	1.03 bp	11.1 bp −$11	31.3 bp −$313	doesn't fit	doesn't fit

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 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 SOXSUSDTshort	−0.0340%	8h	34.030	+0.150%	$5.9M	$16.6M	20x
Gate SOXS_USDT	0.0000%	8h	34.010	+0.091%	$2.1M	$10.4M	25x	as long as short
Variational Omni SOXS	0.0000%	8h	33.989	+0.029%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.030	+0.150%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.050	+0.209%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.030	+0.150%	$1.2M	$1.9M	20x	as long as short
MEXC SOXS_USDT	+0.0006%	8h	34.010	+0.091%	$10.6M	$12.9M	50x	as long as short
Binance SOXSUSDT	+0.0007%	8h	34.020	+0.121%	$15.6M	$173.5M	25x	as long as short
BloFin SOXS-USDT	+0.0008%	8h	34.020	+0.121%	$192K	$54K	25x	as long as short
Lighter SOXSlong	+0.0032%	1h	33.979	long leg	—	—	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0119%	8h	34.020	+0.121%	$4.2M	$10.5M	50x	as long as short
KuCoin SOXSUSDTM	+0.0300%	8h	34.030	+0.150%	$702K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0329%	8h	34.020	+0.121%	$3.1M	$17.5M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0386%	1h	33.983	+0.012%	$8K	$32K	20x	as long as short
edgeX SOXSUSDC	+0.0912%	4h	34.019	+0.118%	$37K	$178K	10x	as long as short