Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h −0.016%
Price spread now: OKX against Binance+0.058%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 2 days (all we have)−0.058%−$6 · spread now +0.058%, 7d avg +0.032%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.026% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOXSUSDT34.2700get 0.0000% / 8h6h 34m$15.9M$173.0M25x
ShortOKX SOXS-USDT-SWAP34.2900.0155get 0.0155% / 8h6h 34m$3.1M$17.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$32.55
Price spread: +0.058% → +0.032%
$2.59
Slippage, 4 orders
−$11.87
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.27
Costs to cover
0.319%
Break-even
6.3 days
Slippage from Binance: live order book, 8 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.46 bp7.3 bp −$713.0 bp −$13073.2 bp −$7,323doesn't fit
Sell OKX live order book, 4 min ago1.46 bp6.5 bp −$615.9 bp −$159doesn't fitdoesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXSUSDT−0.0439%8h34.275+0.015%$6.1M$16.4M20xas long as short
BloFin SOXS-USDT−0.0018%8h34.090−0.525%$167K$54K25xas long as short
Binance SOXSUSDTlong0.0000%8h34.270long leg$15.9M$173.0M25x
Gate SOXS_USDT0.0000%8h34.2700.000%$2.2M$10.1M25xas long as short
MEXC SOXS_USDT0.0000%8h34.2700.000%$11.1M$12.2M50xas long as short
Variational Omni SOXS0.0000%8h34.360+0.262%$438K$635Kas long as short
SunX SOXS-USDT0.0000%8h34.300+0.088%$4.5M10xas long as short
HTX SOXS-USDT0.0000%8h34.350+0.233%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.300+0.088%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h34.280+0.029%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SOXSUSDTM+0.0100%8h34.300+0.088%$740K$2.4M10xas long as short
OKX SOXS-USDT-SWAPshort+0.0155%8h34.290+0.058%$3.1M$17.2M25x
Bybit SOXSUSDT+0.0404%8h34.280+0.029%$4.1M$10.6M50xas long as short
edgeX SOXSUSDC+0.0448%4h34.277+0.020%$37K$181K10xas long as short
Kraken Futures PF_SOXSUSD+0.0552%1h34.306+0.105%$8K$31K20xas long as short