SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.38 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against MEXC−0.028%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 7 days+0.025%+$2 · spread now −0.028%, 7d avg +0.032%

Together, before fees+0.164%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.060% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.139%, 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	MEXC SOXS_USDT	35.720	0.0141	pay 0.0141% / 8h	1h 24m	$12.6M	$14.3M	50x
Short	OKX SOXS-USDT-SWAP	35.710	0.0103	get 0.0103% / 8h	1h 24m	$2.9M	$20.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$8.06
Price spread: −0.028% → +0.032%: −$6.02
Slippage, 4 orders: −$14.8
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$38.88
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	1.40 bp	1.4 bp −$1	1.4 bp −$14	5.8 bp −$578	19.9 bp −$9,930
Sell OKX live order book, 4 min ago	1.40 bp	11.0 bp −$11	16.8 bp −$168	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	−0.0041%	4h	35.803	+0.232%	$39K	$175K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.663	−0.159%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.710	−0.028%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.750	+0.084%	$2.3M	$12.0M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.720	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.870	+0.420%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.760	+0.112%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.710	−0.028%	—	—	10x	as long as short
Variational Omni SOXS	+0.0099%	8h	35.709	−0.031%	$465K	$714K	—	as long as short
OKX SOXS-USDT-SWAPshort	+0.0103%	8h	35.710	−0.028%	$2.9M	$20.9M	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDT	+0.0137%	8h	35.729	+0.026%	$15.2M	$195.4M	25x	as long as short
MEXC SOXS_USDTlong	+0.0141%	8h	35.720	long leg	$12.6M	$14.3M	50x
BloFin SOXS-USDT	+0.0171%	8h	35.770	+0.140%	$186K	$62K	25x	as long as short
KuCoin SOXSUSDTM	+0.0192%	8h	35.740	+0.056%	$696K	$2.8M	10x	as long as short
Bitget SOXSUSDT	+0.2343%	8h	35.693	−0.076%	$6.0M	$19.4M	20x	as long as short