Funding you earn now, next payment 08:00 UTC−0.2238%/8h= −245.0% APRnext payment −$22.38 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against Bitget+0.163%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.361%+$36 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.163%, 7d avg −0.042%
=The price spread pays, funding is against you. Binance is 0.205% dearer against Bitget than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of −0.042%): +$21 on $10k if it goes back. Holding the pair costs −$67 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.361%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.361% in total (about 18.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$22.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOXSUSDT | 35.735 | 0.2381 | pay 0.2381% / 8h | 1h 28m | $6.0M | $19.4M | 20x |
| Short | Binance SOXSUSDT | 35.793 | 0.0143 | get 0.0143% / 8h | 1h 28m | $15.3M | $195.1M | 25x |
Bitget SOXSUSDT
Binance SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$469.88
- Price spread: +0.163% → −0.042%
- $20.53
- Slippage, 4 orders
- −$13.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$484.77
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 15 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 Bitget live order book, 5 min ago | 0.84 bp | 13.9 bp −$14 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.39 bp | 7.8 bp −$8 | 11.3 bp −$113 | 58.2 bp −$5,824 | 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 | −0.0028% | 1h | 35.717 | −0.051% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.790 | +0.154% | $4.2M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.780 | +0.126% | $2.3M | $12.0M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.770 | +0.098% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.860 | +0.350% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.800 | +0.182% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.774 | +0.109% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0107% | 8h | 35.879 | +0.402% | $464K | $711K | — | as long as short |
| OKX SOXS-USDT-SWAP | +0.0115% | 8h | 35.810 | +0.210% | $2.9M | $20.9M | 25x | as long as short |
| BloFin SOXS-USDT | +0.0127% | 8h | 35.740 | +0.014% | $186K | $62K | 25x | as long as short |
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
OKX SOXS-USDT-SWAP
BloFin SOXS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SOXSUSDTshort | +0.0143% | 8h | 35.793 | +0.163% | $15.3M | $195.1M | 25x | |
| MEXC SOXS_USDT | +0.0144% | 8h | 35.780 | +0.126% | $13.4M | $14.2M | 50x | as long as short |
| KuCoin SOXSUSDTM | +0.0203% | 8h | 35.800 | +0.182% | $697K | $2.8M | 10x | as long as short |
| edgeX SOXSUSDC | +0.0852% | 4h | 35.892 | +0.440% | $39K | $176K | 10x | as long as short |
| Bitget SOXSUSDTlong | +0.2381% | 8h | 35.735 | long leg | $6.0M | $19.4M | 20x |
MEXC SOXS_USDT
KuCoin SOXSUSDTM
edgeX SOXSUSDC