Funding you earn now, next payment 16:00 UTC+0.1438%/8h= +157.5% APRnext payment +$14.38 per $10,000 · paid last 24h +0.181%
Price spread now: Bitget against MEXC+0.031%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.031%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$43 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXS_USDT | 35.560 | 0 | get 0.0000% / 8h | 6h 56m | $11.1M | $15.1M | 50x |
| Short | Bitget SOXSUSDT | 35.571 | 0.1438 | get 0.1438% / 8h | 6h 56m | $5.2M | $21.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $301.98
- Price spread: +0.031% → +0.027%
- $0.37
- Slippage, 4 orders
- −$16.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $274.05
- Costs to cover
- 0.283%
- Break-even
- 0.6 days
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 2 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 MEXC live order book, 2 min ago | 1.40 bp | 1.4 bp −$1 | 3.3 bp −$33 | 8.2 bp −$822 | 48.7 bp −$24.4K |
| Sell Bitget live order book, 2 min ago | 0.84 bp | 12.6 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0740% | 4h | 35.695 | +0.380% | $39K | $172K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0152% | 1h | 35.639 | +0.223% | $9K | $31K | 20x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 35.573 | +0.037% | $13.9M | $207.9M | 25x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.570 | +0.028% | $3.9M | $11.7M | 50x | as long as short |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 35.570 | +0.028% | $2.7M | $23.0M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.570 | +0.028% | $2.3M | $15.7M | 25x | as long as short |
| MEXC SOXS_USDTlong | 0.0000% | 8h | 35.560 | long leg | $11.1M | $15.1M | 50x | |
| Variational Omni SOXS | 0.0000% | 8h | 35.758 | +0.558% | $443K | $730K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.650 | +0.253% | — | $4.0M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.730 | +0.478% | $13K | $27K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXSUSDT | 0.0000% | 8h | 35.620 | +0.169% | $1.2M | $1.8M | 20x | as long as short |
| BloFin SOXS-USDT | 0.0000% | 8h | 35.630 | +0.197% | $175K | $68K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.615 | +0.155% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.650 | +0.253% | $711K | $2.9M | 10x | as long as short |
| Bitget SOXSUSDTshort | +0.1438% | 8h | 35.571 | +0.031% | $5.2M | $21.6M | 20x |
MEXC SOXS_USDT
Bitget SOXSUSDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Binance SOXSUSDT
Bybit SOXSUSDT
OKX SOXS-USDT-SWAP
Gate SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
BloFin SOXS-USDT
Lighter SOXS
KuCoin SOXSUSDTM