Funding you earn now, next payment 08:00 UTC−0.0538%/8h= −58.9% APRpaid last 24h −0.139%
Price spread now: edgeX against OKX+0.001%71s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.001%, 7d avg −0.047%
=Together, before fees+0.066%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.048% dearer against OKX than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.047%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.229%, so the current rate has only just turned against you. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment. 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 | 35.380 | 0.0190 | pay 0.0190% / 8h | 2h 08m | $2.9M | $20.3M | 25x |
| Short | edgeX SOXSUSDC | 35.380 | −0.0348 | pay 0.0174% / 4h | 2h 08m | $39K | $175K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$112.99
- Price spread: +0.001% → −0.047%
- $4.82
- Slippage, 4 orders
- −$31.73
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$158.9
- Costs to cover
- 0.507%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 38 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, 5 min ago | 2.81 bp | 11.9 bp −$12 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 38 min ago | 8.48 bp | 13.8 bp −$14 | 35.9 bp −$359 | 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 SOXSUSDCshort | −0.0348% | 4h | 35.380 | +0.001% | $39K | $175K | 10x | |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.380 | 0.000% | $4.2M | $11.3M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.380 | 0.000% | $2.2M | $11.7M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.380 | 0.000% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.410 | +0.085% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.360 | −0.057% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.329 | −0.144% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0117% | 8h | 35.389 | +0.025% | $451K | $712K | — | as long as short |
| BloFin SOXS-USDT | +0.0140% | 8h | 35.410 | +0.085% | $184K | $60K | 25x | as long as short |
| MEXC SOXS_USDT | +0.0141% | 8h | 35.380 | 0.000% | $10.4M | $13.8M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SOXSUSDT | +0.0143% | 8h | 35.380 | 0.000% | $15.1M | $191.7M | 25x | as long as short |
| OKX SOXS-USDT-SWAPlong | +0.0190% | 8h | 35.380 | long leg | $2.9M | $20.3M | 25x | |
| KuCoin SOXSUSDTM | +0.0257% | 8h | 35.370 | −0.028% | $684K | $2.7M | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0819% | 1h | 35.317 | −0.178% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDT | +0.2064% | 8h | 35.340 | −0.113% | $5.8M | $19.1M | 20x | as long as short |
OKX SOXS-USDT-SWAP
edgeX SOXSUSDC
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
BloFin SOXS-USDT
MEXC SOXS_USDT
Binance SOXSUSDT
KuCoin SOXSUSDTM
Kraken Futures PF_SOXSUSD
Bitget SOXSUSDT