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 +0.016%

Price spread now: Binance against OKX−0.212%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 2 days (all we have)+0.212%+$21 · spread now −0.212%, 7d avg −0.024%

Together, before fees+0.073%+$7 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: Binance is 0.188% cheaper against OKX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	34.030	0	get 0.0000% / 8h	6h 57m	$2.9M	$16.8M	25x
Short	Binance SOXSUSDT	33.958	0	get 0.0000% / 8h	6h 57m	$15.0M	$172.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.212%Rate

Funding earned: $0
Price spread: −0.212% → −0.024%: −$18.77
Slippage, 4 orders: −$14.41
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.18
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 1 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 OKX live order book, 1 min ago	1.47 bp	11.2 bp −$11	23.9 bp −$239	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.47 bp	6.7 bp −$7	13.6 bp −$136	68.3 bp −$6,835	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
Bitget SOXSUSDT	−0.0906%	8h	33.957	−0.215%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDTshort	0.0000%	8h	33.958	−0.212%	$15.0M	$172.7M	25x
OKX SOXS-USDT-SWAPlong	0.0000%	8h	34.030	long leg	$2.9M	$16.8M	25x
Gate SOXS_USDT	0.0000%	8h	33.940	−0.264%	$2.2M	$9.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.940	−0.264%	$9.8M	$11.9M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.769	−0.767%	$412K	$625K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.960	−0.206%	—	$4.6M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	33.990	−0.118%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.970	−0.176%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0016%	8h	33.900	−0.382%	$165K	$54K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	33.859	−0.502%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	33.870	−0.470%	$730K	$2.3M	10x	as long as short
Bybit SOXSUSDT	+0.0250%	8h	33.970	−0.176%	$4.1M	$10.6M	50x	as long as short
edgeX SOXSUSDC	+0.0323%	4h	33.843	−0.549%	$37K	$181K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0558%	1h	33.959	−0.210%	$8K	$32K	20x	as long as short