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 +0.166%

Price spread now: Gate against Binance−0.004%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.217%+$22 on $10k

Price spread, last 2 days (all we have)−0.136%−$14 · spread now −0.004%, 7d avg −0.041%

Together, before fees+0.081%+$8 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: Gate is 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	35.442	0	get 0.0000% / 8h	3h 30m	$13.5M	$164.4M	25x
Short	Gate SOXS_USDT	35.440	0	get 0.0000% / 8h	3h 30m	$1.9M	$9.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → −0.041%: $3.65
Slippage, 4 orders: −$16.88
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$38.23
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago	1.41 bp	6.4 bp −$6	11.0 bp −$110	53.0 bp −$5,302	doesn't fit
Sell Gate live order book, 4 min ago	1.41 bp	11.7 bp −$12	35.3 bp −$353	90.3 bp −$9,027	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	−0.0265%	1h	35.416	−0.073%	$11K	$22K	20x	as long as short
Binance SOXSUSDTlong	0.0000%	8h	35.442	long leg	$13.5M	$164.4M	25x
Bybit SOXSUSDT	0.0000%	8h	35.460	+0.052%	$4.1M	$10.1M	50x	as long as short
Gate SOXS_USDTshort	0.0000%	8h	35.440	−0.004%	$1.9M	$9.0M	25x
MEXC SOXS_USDT	0.0000%	8h	35.430	−0.033%	$12.8M	$10.3M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.546	+0.293%	$309K	$361K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.460	+0.052%	—	$5.0M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.520	+0.221%	$12K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.450	+0.024%	$1.2M	$1.8M	20x	as long as short
OKX SOXS-USDT-SWAP	+0.0015%	8h	35.460	+0.052%	$2.4M	$13.6M	25x	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	+0.0022%	8h	35.450	+0.024%	$159K	$57K	25x	as long as short
Lighter SOXS	+0.0032%	1h	35.424	−0.050%	—	—	10x	as long as short
Bitget SOXSUSDT	+0.0089%	8h	35.451	+0.027%	$5.5M	$15.4M	20x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.460	+0.052%	$732K	$2.0M	10x	as long as short
edgeX SOXSUSDC	+0.0109%	4h	35.449	+0.021%	$39K	$189K	10x	as long as short