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 +0.010%

Price spread now: Variational Omni against OKX+0.254%7-day average −0.049% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.090%−$9 on $10k

Price spread, last 4 days (all we have)−0.590%−$59 · spread now +0.254%, 7d avg −0.049%

Together, before fees−0.680%+ Points / potential airdropVariational Omni: Active · farm board−$68 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 0.303% dearer against OKX than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	35.700	0	get 0.0000% / 8h	7m 26s	$2.7M	$21.5M	25x
Short	Variational Omni SOXS	35.791	0	get 0.0000% / 8h	7m 26s	$464K	$709K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.254%Rate

Funding earned: $0
Price spread: +0.254% → −0.049%: $30.28
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $20.28
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 1 min ago; Variational Omni: RFQ quote, 32 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 OKX live order book, 1 min ago	1.40 bp	10.0 bp −$10	17.7 bp −$177	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 32 min ago	4.06 bp	doesn't fit	11.0 bp −$110	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	35.674	−0.072%	$8K	$32K	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.684	−0.044%	$14.7M	$197.8M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.700	0.000%	$4.2M	$11.5M	50x	as long as short
OKX SOXS-USDT-SWAPlong	0.0000%	8h	35.700	long leg	$2.7M	$21.5M	25x
Gate SOXS_USDT	0.0000%	8h	35.700	0.000%	$2.4M	$12.5M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.680	−0.056%	$12.7M	$14.9M	50x	as long as short
Variational Omni SOXSshort	0.0000%	8h	35.791	+0.254%	$464K	$709K	—
SunX SOXS-USDT	0.0000%	8h	35.720	+0.056%	—	$4.2M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.760	+0.168%	$12K	$27K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.710	+0.028%	$1.2M	$1.9M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0001%	8h	35.730	+0.084%	$175K	$63K	25x	as long as short
Lighter SOXS	+0.0032%	1h	35.689	−0.031%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.710	+0.028%	$693K	$2.8M	10x	as long as short
edgeX SOXSUSDC	+0.0386%	4h	35.771	+0.198%	$39K	$173K	10x	as long as short
Bitget SOXSUSDT	+0.1844%	8h	35.665	−0.098%	$6.1M	$19.8M	20x	as long as short