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 −0.055%

Price spread now: Bitget against Binance+0.001%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.361%−$36 on $10k

Price spread, last 2 days (all we have)+0.001%$0 · spread now +0.001%, 7d avg +0.037%

Together, before fees−0.360%−$36 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: Bitget is 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	34.083	0	get 0.0000% / 8h	7h 50m	$15.2M	$169.5M	25x
Short	Bitget SOXSUSDT	34.083	0	get 0.0000% / 8h	7h 50m	$5.7M	$16.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.001%Rate

Funding earned: $0
Price spread: +0.001% → +0.037%: −$3.55
Slippage, 4 orders: −$14.05
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$39.61
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 3 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 Binance live order book, 7 min ago	1.46 bp	6.5 bp −$6	13.5 bp −$135	93.5 bp −$9,350	doesn't fit
Sell Bitget live order book, 3 min ago	1.17 bp	12.2 bp −$12	35.5 bp −$355	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	−0.1371%	1h	33.999	−0.244%	$8K	$32K	20x	as long as short
Gate SOXS_USDT	−0.0249%	8h	34.050	−0.096%	$2.4M	$8.9M	25x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	34.083	long leg	$15.2M	$169.5M	25x
OKX SOXS-USDT-SWAP	0.0000%	8h	34.090	+0.022%	$2.5M	$15.8M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.080	−0.008%	$9.9M	$11.9M	50x	as long as short
Bitget SOXSUSDTshort	0.0000%	8h	34.083	+0.001%	$5.7M	$16.2M	20x
Variational Omni SOXS	0.0000%	8h	34.020	−0.184%	$296K	$534K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.020	−0.184%	—	$4.7M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.110	+0.080%	$11K	$21K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.040	−0.125%	$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	+0.0025%	8h	34.050	−0.096%	$164K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	33.969	−0.333%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.060	−0.066%	$741K	$2.2M	10x	as long as short
Bybit SOXSUSDT	+0.0390%	8h	34.080	−0.008%	$4.0M	$10.3M	50x	as long as short
edgeX SOXSUSDC	+0.0979%	4h	34.163	+0.236%	$37K	$183K	10x	as long as short