SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.5% APRnext payment +$0.86 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX−0.028%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$800.803% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 7 days−0.031%−$3 · spread now −0.028%, 7d avg −0.043%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	35.760	0.0014	pay 0.0014% / 8h	31m 28s	$2.8M	$21.3M	25x
Short	KuCoin SOXSUSDTM	35.750	0.0100	get 0.0100% / 8h	31m 28s	$694K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $18.16
Price spread: −0.028% → −0.043%: $1.49
Slippage, 4 orders: −$58.28
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$60.63
Costs to cover: 0.803%
Break-even: 30.4 days

Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago	1.40 bp	9.1 bp −$9	14.6 bp −$146	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	2.80 bp	28.1 bp −$28	doesn't fit	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
Kraken Futures PF_SOXSUSD	−0.0119%	1h	35.763	+0.007%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.780	+0.056%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.760	0.000%	$2.1M	$12.2M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.760	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.780	+0.056%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.760	0.000%	$1.2M	$1.9M	20x	as long as short
Variational Omni SOXS	+0.0013%	8h	35.778	+0.050%	$462K	$707K	—	as long as short
OKX SOXS-USDT-SWAPlong	+0.0014%	8h	35.760	long leg	$2.8M	$21.3M	25x
Lighter SOXS	+0.0032%	1h	35.740	−0.056%	—	—	10x	as long as short
Binance SOXSUSDT	+0.0055%	8h	35.755	−0.013%	$15.1M	$197.1M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SOXS_USDT	+0.0056%	8h	35.740	−0.056%	$13.2M	$14.3M	50x	as long as short
BloFin SOXS-USDT	+0.0083%	8h	35.750	−0.028%	$178K	$63K	25x	as long as short
KuCoin SOXSUSDTMshort	+0.0100%	8h	35.750	−0.028%	$694K	$2.8M	10x
edgeX SOXSUSDC	+0.0679%	4h	35.754	−0.017%	$39K	$175K	10x	as long as short
Bitget SOXSUSDT	+0.1922%	8h	35.695	−0.182%	$6.1M	$19.7M	20x	as long as short