Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0247%/8h= +27.0% APRpaid last 24h —

Price spread now: OKX against Lighter+0.179%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 OKX

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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.179% dearer against Lighter than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	34.149	0.0032	pay 0.0004% / 1h	23m 55s	—	—	10x
Short	OKX SOXS-USDT-SWAP	34.210	0.0279	get 0.0279% / 8h	5h 23m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.179%Rate

Funding earned: $51.81
Price spread: +0.179% → 0.000%: $17.86
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $59.68
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	1.46 bp	9.1 bp −$9	20.1 bp −$201	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
edgeX SOXSUSDC	−0.0152%	4h	34.210	+0.177%	$37K	$179K	10x	as long as short
Bitget SOXSUSDT	−0.0125%	8h	34.193	+0.129%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.189	+0.118%	$15.8M	$172.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.180	+0.091%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.170	+0.061%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.198	+0.143%	$431K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.180	+0.091%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.280	+0.384%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.180	+0.091%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0006%	8h	34.260	+0.325%	$192K	$55K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXSlong	+0.0032%	1h	34.149	long leg	—	—	10x
Bybit SOXSUSDT	+0.0173%	8h	34.200	+0.149%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTM	+0.0244%	8h	34.210	+0.179%	$723K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0279%	8h	34.210	+0.179%	$3.1M	$17.2M	25x
Kraken Futures PF_SOXSUSD	+0.1157%	1h	34.193	+0.129%	$8K	$31K	20x	as long as short