Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Variational Omni against MEXC+0.174%7-day average +0.004% · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.009%−$1 on $10k

Price spread, last 4 days (all we have)−0.419%−$42 · spread now +0.174%, 7d avg +0.004%

Together, before fees−0.427%+ Points / potential airdropVariational Omni: Active · farm board−$43 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.170% dearer against MEXC than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	34.300	0	get 0.0000% / 8h	6h 34m	$11.1M	$12.2M	50x
Short	Variational Omni SOXS	34.360	0	get 0.0000% / 8h	6h 34m	$438K	$635K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.174%Rate

Funding earned: $0
Price spread: +0.174% → +0.004%: $16.99
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $16.99
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 35 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 MEXC live order book, 4 min ago	1.46 bp	1.5 bp −$1	1.5 bp −$15	7.6 bp −$758	35.9 bp −$17.9K
Sell Variational Omni RFQ quote, 35 min ago	4.20 bp	doesn't fit	18.4 bp −$184	doesn't fit	doesn't fit

SOXS on 14 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 SOXSUSDT	−0.0413%	8h	34.309	+0.026%	$6.1M	$16.4M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.306	+0.018%	$15.9M	$173.0M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.310	+0.029%	$2.2M	$10.1M	25x	as long as short
MEXC SOXS_USDTlong	0.0000%	8h	34.300	long leg	$11.1M	$12.2M	50x
Variational Omni SOXSshort	0.0000%	8h	34.360	+0.174%	$438K	$635K	—
SunX SOXS-USDT	0.0000%	8h	34.320	+0.058%	—	$4.5M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.350	+0.146%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.310	+0.029%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.289	−0.032%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.310	+0.029%	$740K	$2.4M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAP	+0.0156%	8h	34.330	+0.087%	$3.1M	$17.2M	25x	as long as short
Bybit SOXSUSDT	+0.0399%	8h	34.320	+0.058%	$4.1M	$10.5M	50x	as long as short
edgeX SOXSUSDC	+0.0448%	4h	34.277	−0.067%	$37K	$181K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0552%	1h	34.316	+0.047%	$8K	$31K	20x	as long as short