Funding you earn now, next payment 08:00 UTC+0.1179%/8h= +129.1% APRnext payment +$11.79 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against OKX−0.088%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.499%−$50 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.088%, 7d avg −0.005%
=Funding pays, the price is against you. Bitget is 0.082% cheaper against OKX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.005%). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$35 a day). Mind the row above: over the last 7 days funding on this pair cost −0.499%, 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 -0.499% in total (about -26.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.79 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 | OKX SOXS-USDT-SWAP | 35.420 | 0.0264 | pay 0.0264% / 8h | 2h 44m | $3.0M | $19.5M | 25x |
| Short | Bitget SOXSUSDT | 35.389 | 0.1443 | get 0.1443% / 8h | 2h 44m | $5.7M | $17.6M | 20x |
OKX SOXS-USDT-SWAP
Bitget SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $247.55
- Price spread: −0.088% → −0.005%
- −$8.25
- Slippage, 4 orders
- −$21.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $196.19
- Costs to cover
- 0.431%
- Break-even
- 1.5 days
Slippage from OKX: live order book, 4 min ago; Bitget: 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 OKX live order book, 4 min ago | 2.84 bp | 10.5 bp −$10 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.85 bp | 10.9 bp −$11 | 27.3 bp −$273 | 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 | −0.0584% | 4h | 35.320 | −0.282% | $39K | $177K | 10x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.410 | −0.028% | $2.2M | $11.3M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.380 | −0.113% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.340 | −0.226% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.410 | −0.028% | $1.2M | $1.9M | 20x | as long as short |
| Bybit SOXSUSDT | +0.0025% | 8h | 35.430 | +0.028% | $4.2M | $11.0M | 50x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.359 | −0.172% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0128% | 8h | 35.359 | −0.173% | $450K | $670K | — | as long as short |
| BloFin SOXS-USDT | +0.0151% | 8h | 35.400 | −0.056% | $189K | $59K | 25x | as long as short |
| MEXC SOXS_USDT | +0.0163% | 8h | 35.380 | −0.113% | $12.1M | $13.2M | 50x | as long as short |
edgeX SOXSUSDC
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Bybit SOXSUSDT
Lighter SOXS
Variational Omni SOXS
BloFin SOXS-USDT
MEXC SOXS_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SOXSUSDT | +0.0164% | 8h | 35.417 | −0.009% | $14.8M | $185.8M | 25x | as long as short |
| OKX SOXS-USDT-SWAPlong | +0.0264% | 8h | 35.420 | long leg | $3.0M | $19.5M | 25x | |
| KuCoin SOXSUSDTM | +0.0281% | 8h | 35.370 | −0.141% | $686K | $2.6M | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0819% | 1h | 35.330 | −0.254% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDTshort | +0.1443% | 8h | 35.389 | −0.088% | $5.7M | $17.6M | 20x |
Binance SOXSUSDT
KuCoin SOXSUSDTM
Kraken Futures PF_SOXSUSD