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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXSUSDT | 34.270 | 0 | get 0.0000% / 8h | 6h 34m | $15.9M | $173.0M | 25x |
| Short | OKX SOXS-USDT-SWAP | 34.290 | 0.0155 | get 0.0155% / 8h | 6h 34m | $3.1M | $17.2M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 1.46 bp | 7.3 bp −$7 | 13.0 bp −$130 | 73.2 bp −$7,323 | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.46 bp | 6.5 bp −$6 | 15.9 bp −$159 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXSUSDT | −0.0439% | 8h | 34.275 | +0.015% | $6.1M | $16.4M | 20x | as long as short |
| BloFin SOXS-USDT | −0.0018% | 8h | 34.090 | −0.525% | $167K | $54K | 25x | as long as short |
| Binance SOXSUSDTlong | 0.0000% | 8h | 34.270 | long leg | $15.9M | $173.0M | 25x | |
| Gate SOXS_USDT | 0.0000% | 8h | 34.270 | 0.000% | $2.2M | $10.1M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 34.270 | 0.000% | $11.1M | $12.2M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 34.360 | +0.262% | $438K | $635K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 34.300 | +0.088% | — | $4.5M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 34.350 | +0.233% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.300 | +0.088% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.280 | +0.029% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOXSUSDTM | +0.0100% | 8h | 34.300 | +0.088% | $740K | $2.4M | 10x | as long as short |
| OKX SOXS-USDT-SWAPshort | +0.0155% | 8h | 34.290 | +0.058% | $3.1M | $17.2M | 25x | |
| Bybit SOXSUSDT | +0.0404% | 8h | 34.280 | +0.029% | $4.1M | $10.6M | 50x | as long as short |
| edgeX SOXSUSDC | +0.0448% | 4h | 34.277 | +0.020% | $37K | $181K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0552% | 1h | 34.306 | +0.105% | $8K | $31K | 20x | as long as short |
Binance SOXSUSDT
OKX SOXS-USDT-SWAP
Bitget SOXSUSDT
BloFin SOXS-USDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
KuCoin SOXSUSDTM
Bybit SOXSUSDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD