Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.229%−$23 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXS_USDT35.5600get 0.0000% / 8h6h 56m$11.1M$15.1M50x
ShortBitget SOXSUSDT35.5710.1438get 0.1438% / 8h6h 56m$5.2M$21.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago1.40 bp1.4 bp −$13.3 bp −$338.2 bp −$82248.7 bp −$24.4K
Sell Bitget live order book, 2 min ago0.84 bp12.6 bp −$13doesn't fitdoesn't fitdoesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0740%4h35.695+0.380%$39K$172K10xas long as short
Kraken Futures PF_SOXSUSD−0.0152%1h35.639+0.223%$9K$31K20xas long as short
Binance SOXSUSDT0.0000%8h35.573+0.037%$13.9M$207.9M25xas long as short
Bybit SOXSUSDT0.0000%8h35.570+0.028%$3.9M$11.7M50xas long as short
OKX SOXS-USDT-SWAP0.0000%8h35.570+0.028%$2.7M$23.0M25xas long as short
Gate SOXS_USDT0.0000%8h35.570+0.028%$2.3M$15.7M25xas long as short
MEXC SOXS_USDTlong0.0000%8h35.560long leg$11.1M$15.1M50x
Variational Omni SOXS0.0000%8h35.758+0.558%$443K$730Kas long as short
SunX SOXS-USDT0.0000%8h35.650+0.253%$4.0M10xas long as short
HTX SOXS-USDT0.0000%8h35.730+0.478%$13K$27K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOXSUSDT0.0000%8h35.620+0.169%$1.2M$1.8M20xas long as short
BloFin SOXS-USDT0.0000%8h35.630+0.197%$175K$68K25xas long as short
Lighter SOXS+0.0032%1h35.615+0.155%10xas long as short
KuCoin SOXSUSDTM+0.0100%8h35.650+0.253%$711K$2.9M10xas long as short
Bitget SOXSUSDTshort+0.1438%8h35.571+0.031%$5.2M$21.6M20x