Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.075%

Price spread now: OKX against Variational Omni−0.161%7-day average +0.039% · you buy dearer than you sell

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 3 days (all we have)+0.498%+$50 · spread now −0.161%, 7d avg +0.039%

Together, before fees+0.588%+ Points / potential airdropVariational Omni: Active · farm board+$59 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: OKX is 0.200% cheaper against Variational Omni than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOXS	34.836	0	get 0.0000% / 8h	4h 20m	$309K	$310K	—
Short	OKX SOXS-USDT-SWAP	34.780	0	get 0.0000% / 8h	4h 20m	$2.4M	$12.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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 Variational OmnibpFee OKXbpOrdersPrice spread, now −0.161%Rate

Funding earned: $0
Price spread: −0.161% → +0.039%: −$20.05
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.05
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 13 min ago; OKX: live order book, 2 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, 13 min ago	4.09 bp	doesn't fit	10.3 bp −$103	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.43 bp	11.0 bp −$11	20.7 bp −$207	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	−0.0674%	1h	34.712	−0.355%	$10K	$11K	20x	as long as short
edgeX SOXSUSDC	−0.0148%	4h	35.045	+0.600%	$38K	$189K	10x	as long as short
BloFin SOXS-USDT	−0.0011%	8h	34.800	−0.104%	$162K	$52K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.768	−0.197%	$13.0M	$156.2M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.780	−0.161%	$4.0M	$9.6M	50x	as long as short
OKX SOXS-USDT-SWAPshort	0.0000%	8h	34.780	−0.161%	$2.4M	$12.6M	25x
Gate SOXS_USDT	0.0000%	8h	34.760	−0.219%	$1.9M	$8.7M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.760	−0.219%	$12.9M	$9.4M	50x	as long as short
Variational Omni SOXSlong	0.0000%	8h	34.836	long leg	$309K	$310K	—
SunX SOXS-USDT	0.0000%	8h	34.780	−0.161%	—	$4.9M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	35.130	+0.843%	$12K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.800	−0.104%	$1.2M	$1.8M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.755	−0.233%	—	—	10x	as long as short
Bitget SOXSUSDT	+0.0083%	8h	34.778	−0.167%	$5.5M	$14.8M	20x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.770	−0.190%	$718K	$1.9M	10x	as long as short