Funding you earn now, next payment 12:00 UTC+0.0269%/8h= +29.5% APRpaid last 24h −0.108%
Price spread now: edgeX against SunX−0.464%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)+0.395%+$39 · spread now −0.464%, 7d avg +0.008%
=Together, before fees+0.479%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.472% cheaper against SunX than usual: you would sell low and buy high (spread −0.464% now, against its 7-day average of +0.008%). If the spread goes back, that is −$47 on $10k: about 5.8 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.084% in total) that is about 39 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SOXS-USDT | 35.290 | 0 | get 0.0000% / 8h | 4h 56m | — | $3.8M | 10x |
| Short | edgeX SOXSUSDC | 35.126 | 0.0269 | get 0.0135% / 4h | 56m 30s | $38K | $170K | 10x |
SunX SOXS-USDT
edgeX SOXSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $56.59
- Price spread: −0.464% → +0.008%
- −$47.22
- Slippage, 4 orders
- −$146.56
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$154.19
- Costs to cover
- 1.636%
- Break-even
- 26.1 days
Slippage from SunX: live order book, 5 min ago; edgeX: live order book, 48 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, 5 min ago | 46.90 bp | 69.0 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 48 min ago | 7.13 bp | 12.8 bp −$13 | 38.4 bp −$384 | doesn't fit | doesn't fit |
SOXS on 15 exchanges
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 | −0.0236% | 1h | 35.301 | +0.032% | $13K | $35K | 20x | as long as short |
| BloFin SOXS-USDT | −0.0022% | 8h | 35.290 | 0.000% | $174K | $76K | 25x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 35.364 | +0.210% | $13.8M | $219.4M | 25x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.370 | +0.227% | $3.9M | $12.5M | 50x | as long as short |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 35.370 | +0.227% | $2.6M | $25.3M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.330 | +0.113% | $2.1M | $16.5M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 35.350 | +0.170% | $12.2M | $16.0M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.176 | −0.324% | $425K | $754K | — | as long as short |
| SunX SOXS-USDTlong | 0.0000% | 8h | 35.290 | long leg | — | $3.8M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 35.360 | +0.198% | $12K | $22K | 10x | as long as short |
Kraken Futures PF_SOXSUSD
BloFin SOXS-USDT
Binance SOXSUSDT
Bybit SOXSUSDT
OKX SOXS-USDT-SWAP
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
HTX SOXS-USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXSUSDT | 0.0000% | 8h | 35.300 | +0.028% | $1.2M | $1.8M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.344 | +0.153% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.340 | +0.142% | $675K | $3.0M | 10x | as long as short |
| edgeX SOXSUSDCshort | +0.0269% | 4h | 35.126 | −0.464% | $38K | $170K | 10x | |
| Bitget SOXSUSDT | +0.0474% | 8h | 35.345 | +0.156% | $5.3M | $23.3M | 20x | as long as short |
Phemex SOXSUSDT
Lighter SOXS
KuCoin SOXSUSDTM
Bitget SOXSUSDT