SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0114%/8h= +12.4% APRnext payment +$1.14 per $10,000 · paid last 24h +0.014%

Price spread now: KuCoin against Binance−0.028%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1171.172% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.037%−$4 · spread now −0.028%, 7d avg +0.003%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.031% cheaper against Binance than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.003%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.017% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXSUSDT	35.380	0.0143	pay 0.0143% / 8h	2h 08m	$15.1M	$191.7M	25x
Short	KuCoin SOXSUSDTM	35.370	0.0257	get 0.0257% / 8h	2h 08m	$684K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $23.86
Price spread: −0.028% → +0.003%: −$3.09
Slippage, 4 orders: −$95.24
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$96.47
Costs to cover: 1.172%
Break-even: 35.3 days

Slippage from Binance: live order book, 5 min ago; KuCoin: 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, 5 min ago	1.41 bp	6.4 bp −$6	10.2 bp −$102	58.1 bp −$5,814	doesn't fit
Sell KuCoin live order book, 4 min ago	4.24 bp	50.3 bp −$50	doesn't fit	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
edgeX SOXSUSDC	−0.0348%	4h	35.380	+0.001%	$39K	$175K	10x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.380	0.000%	$4.2M	$11.3M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.380	0.000%	$2.2M	$11.7M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.380	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.410	+0.085%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.360	−0.057%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.329	−0.144%	—	—	10x	as long as short
Variational Omni SOXS	+0.0117%	8h	35.389	+0.025%	$451K	$712K	—	as long as short
BloFin SOXS-USDT	+0.0140%	8h	35.410	+0.085%	$184K	$60K	25x	as long as short
MEXC SOXS_USDT	+0.0141%	8h	35.380	0.000%	$10.4M	$13.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SOXSUSDTlong	+0.0143%	8h	35.380	long leg	$15.1M	$191.7M	25x
OKX SOXS-USDT-SWAP	+0.0190%	8h	35.380	0.000%	$2.9M	$20.3M	25x	as long as short
KuCoin SOXSUSDTMshort	+0.0257%	8h	35.370	−0.028%	$684K	$2.7M	10x
Kraken Futures PF_SOXSUSD	+0.0819%	1h	35.317	−0.178%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	+0.2064%	8h	35.340	−0.113%	$5.8M	$19.1M	20x	as long as short