SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.15 per $10,000 · paid last 24h +0.017%

Price spread now: BloFin against SunX+0.056%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$177as in the Funding arb table

Net, price: spread back to 7d avg − costs−$147as in the Price arb table

costs, in and out, $10k−$1521.518% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now +0.056%, 7d avg +0.006%

Together, before fees−0.252%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.050% dearer against SunX than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.006%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.252% in total) that is about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOXS-USDT	35.680	0	get 0.0000% / 8h	6m 44s	—	$4.2M	10x
Short	BloFin SOXS-USDT	35.700	−0.0015	pay 0.0015% / 8h	6m 44s	$175K	$63K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$3.17
Price spread: +0.056% → +0.006%: $4.98
Slippage, 4 orders: −$131.78
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$149.97
Costs to cover: 1.518%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; BloFin: live order book, 63 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 SunX live order book, 12 min ago	46.21 bp	66.9 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 63 min ago	1.40 bp	7.4 bp −$7	10.4 bp −$104	37.4 bp −$3,737	126.6 bp −$63.3K

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	35.630	−0.140%	$8K	$32K	20x	as long as short
BloFin SOXS-USDTshort	−0.0015%	8h	35.700	+0.056%	$175K	$63K	25x
Binance SOXSUSDT	0.0000%	8h	35.668	−0.034%	$14.7M	$197.9M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.670	−0.028%	$4.2M	$11.5M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.670	−0.028%	$2.7M	$21.4M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.690	+0.028%	$2.6M	$12.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.660	−0.056%	$12.7M	$14.9M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.791	+0.310%	$464K	$709K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	35.680	long leg	—	$4.2M	10x
HTX SOXS-USDT	0.0000%	8h	35.760	+0.224%	$12K	$27K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	35.680	0.000%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.659	−0.059%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.690	+0.028%	$692K	$2.8M	10x	as long as short
edgeX SOXSUSDC	+0.0386%	4h	35.771	+0.254%	$39K	$173K	10x	as long as short
Bitget SOXSUSDT	+0.1844%	8h	35.635	−0.126%	$6.1M	$19.8M	20x	as long as short