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+0.0285%/8h= +31.2% APRnext payment +$2.85 per $10,000 · paid last 24h +0.068%
Price spread now: KuCoin against Bitget−0.020%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.377%+$38 on $10k
Price spread, last 7 days+0.004%$0 · spread now −0.020%, 7d avg −0.041%
Together, before fees+0.381%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXSUSDT34.227−0.0100get 0.0100% / 8h5h 46m$6.0M$16.5M20x
ShortKuCoin SOXSUSDTM34.2200.0185get 0.0185% / 8h5h 46m$730K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$59.85
Price spread: −0.020% → −0.041%
$2.1
Slippage, 4 orders
−$99.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$61.83
Costs to cover
1.238%
Break-even
14.2 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 6 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 Bitget live order book, 3 min ago1.02 bp13.1 bp −$1328.9 bp −$289doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.93 bp44.8 bp −$45doesn't fitdoesn'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
edgeX SOXSUSDC−0.0207%4h34.223−0.012%$37K$181K10xas long as short
Bitget SOXSUSDTlong−0.0100%8h34.227long leg$6.0M$16.5M20x
Binance SOXSUSDT0.0000%8h34.219−0.024%$15.9M$172.7M25xas long as short
Gate SOXS_USDT0.0000%8h34.210−0.050%$2.2M$10.2M25xas long as short
MEXC SOXS_USDT0.0000%8h34.210−0.050%$10.1M$12.5M50xas long as short
Variational Omni SOXS0.0000%8h34.209−0.053%$431K$623Kas long as short
SunX SOXS-USDT0.0000%8h34.210−0.050%$4.4M10xas long as short
HTX SOXS-USDT0.0000%8h34.230+0.009%$10K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h34.220−0.020%$1.2M$1.9M20xas long as short
BloFin SOXS-USDT0.0000%8h34.240+0.038%$55K25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXS+0.0032%1h34.170−0.167%10xas long as short
KuCoin SOXSUSDTMshort+0.0185%8h34.220−0.020%$730K$2.4M10x
Bybit SOXSUSDT+0.0202%8h34.240+0.038%$4.2M$10.4M50xas long as short
OKX SOXS-USDT-SWAP+0.0219%8h34.250+0.067%$3.1M$17.2M25xas long as short
Kraken Futures PF_SOXSUSD+0.1157%1h34.190−0.107%$8K$31K20xas long as short