Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against Variational Omni−0.024%7-day average +0.004% · you buy dearer than you sell

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 2 days (all we have)+0.018%+$2 · spread now −0.024%, 7d avg +0.004%

Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 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: Binance is 0.027% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOXS	34.761	0	get 0.0000% / 8h	38m 30s	$294K	$313K	—
Short	Binance SOXSUSDT	34.752	0	get 0.0000% / 8h	38m 30s	$12.9M	$163.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BinancebpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → +0.004%: −$2.75
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$12.75
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 41 min ago; Binance: live order book, 5 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 Variational Omni RFQ quote, 41 min ago	4.11 bp	doesn't fit	14.4 bp −$144	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.44 bp	8.1 bp −$8	13.7 bp −$137	67.0 bp −$6,699	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 SOXSUSDC	−0.0613%	4h	34.768	+0.022%	$38K	$183K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0298%	1h	34.681	−0.230%	$8K	$32K	20x	as long as short
BloFin SOXS-USDT	−0.0013%	8h	34.750	−0.031%	$162K	$56K	25x	as long as short
Binance SOXSUSDTshort	0.0000%	8h	34.752	−0.024%	$12.9M	$163.6M	25x
Bybit SOXSUSDT	0.0000%	8h	34.760	−0.002%	$3.9M	$9.8M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.750	−0.031%	$2.5M	$14.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.750	−0.031%	$2.0M	$8.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.740	−0.059%	$12.4M	$10.8M	50x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.767	+0.018%	$4.9M	$15.1M	20x	as long as short
Variational Omni SOXSlong	0.0000%	8h	34.761	long leg	$294K	$313K	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXS-USDT	0.0000%	8h	34.740	−0.059%	—	$4.8M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.780	+0.056%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.750	−0.031%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.744	−0.048%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.750	−0.031%	$719K	$2.2M	10x	as long as short