Funding you earn now, next payment 08:00 UTC+0.0675%/8h= +74.0% APRnext payment +$6.75 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against BloFin−0.309%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 4 days (all we have)+0.278%+$28 · spread now −0.309%, 7d avg +0.057%
=Funding pays, the price is against you. Bitget is 0.366% cheaper against BloFin than usual: you would sell low and buy high (spread −0.309% now, against its 7-day average of +0.057%). If the spread goes back, that is −$37 on $10k: about 43 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −0.352%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.352% in total (about -18.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.75 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 | BloFin SOXS-USDT | 35.260 | 0.0125 | pay 0.0125% / 8h | 3h 16m | $195K | $58K | 25x |
| Short | Bitget SOXSUSDT | 35.151 | 0.0800 | get 0.0800% / 8h | 3h 16m | $6.0M | $16.8M | 20x |
BloFin SOXS-USDT
Bitget SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $141.84
- Price spread: −0.309% → +0.057%
- −$36.64
- Slippage, 4 orders
- −$15.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $65.27
- Costs to cover
- 0.399%
- Break-even
- 3.8 days
Slippage from BloFin: live order book, 4 min ago; Bitget: live order book, 2 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 BloFin live order book, 4 min ago | 2.83 bp | 8.8 bp −$9 | 10.8 bp −$108 | 38.8 bp −$3,875 | 157.1 bp −$78.6K |
| Sell Bitget live order book, 2 min ago | 0.99 bp | 10.9 bp −$11 | 30.2 bp −$302 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXS_USDT | 0.0000% | 8h | 35.220 | −0.113% | $2.2M | $11.1M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.260 | 0.000% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.380 | +0.340% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.240 | −0.057% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.140 | −0.340% | — | — | 10x | as long as short |
| Bybit SOXSUSDT | +0.0088% | 8h | 35.170 | −0.255% | $4.3M | $10.7M | 50x | as long as short |
| BloFin SOXS-USDTlong | +0.0125% | 8h | 35.260 | long leg | $195K | $58K | 25x | |
| Variational Omni SOXS | +0.0137% | 8h | 35.179 | −0.230% | $438K | $638K | — | as long as short |
| Binance SOXSUSDT | +0.0151% | 8h | 35.177 | −0.235% | $14.9M | $180.6M | 25x | as long as short |
| MEXC SOXS_USDT | +0.0152% | 8h | 35.170 | −0.255% | $11.4M | $13.0M | 50x | as long as short |
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Bybit SOXSUSDT
Variational Omni SOXS
Binance SOXSUSDT
MEXC SOXS_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | +0.0194% | 4h | 35.168 | −0.260% | $38K | $177K | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0307% | 8h | 35.200 | −0.170% | $678K | $2.6M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0318% | 8h | 35.160 | −0.284% | $3.1M | $18.9M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0706% | 1h | 35.244 | −0.044% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDTshort | +0.0800% | 8h | 35.151 | −0.309% | $6.0M | $16.8M | 20x |
edgeX SOXSUSDC
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD