Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.50 per $10,000 · paid last 24h −0.017%
Price spread now: OKX against BloFin−0.113%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$390.395% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.113%, 7d avg +0.053%
=Funding pays, the price is against you. OKX is 0.165% cheaper against BloFin than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.053%). If the spread goes back, that is −$17 on $10k: about 11 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SOXS-USDT | 35.410 | 0.0140 | pay 0.0140% / 8h | 2h 08m | $184K | $60K | 25x |
| Short | OKX SOXS-USDT-SWAP | 35.370 | 0.0190 | get 0.0190% / 8h | 2h 08m | $2.9M | $20.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $10.44
- Price spread: −0.113% → +0.053%
- −$16.55
- Slippage, 4 orders
- −$17.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$45.58
- Costs to cover
- 0.395%
- Break-even
- 37.5 days
Slippage from BloFin: live order book, 7 min ago; OKX: live order book, 5 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, 7 min ago | 1.40 bp | 7.4 bp −$7 | 13.9 bp −$139 | 50.2 bp −$5,016 | 138.1 bp −$69.1K |
| Sell OKX live order book, 5 min ago | 2.81 bp | 11.6 bp −$12 | 18.6 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOXSUSDC | −0.0348% | 4h | 35.380 | −0.083% | $39K | $175K | 10x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.380 | −0.085% | $4.2M | $11.3M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.340 | −0.198% | $2.2M | $11.7M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.360 | −0.141% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.410 | 0.000% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.400 | −0.028% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.320 | −0.254% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0117% | 8h | 35.389 | −0.060% | $451K | $712K | — | as long as short |
| BloFin SOXS-USDTlong | +0.0140% | 8h | 35.410 | long leg | $184K | $60K | 25x | |
| MEXC SOXS_USDT | +0.0141% | 8h | 35.380 | −0.085% | $10.4M | $13.8M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SOXSUSDT | +0.0143% | 8h | 35.370 | −0.113% | $15.1M | $191.7M | 25x | as long as short |
| OKX SOXS-USDT-SWAPshort | +0.0190% | 8h | 35.370 | −0.113% | $2.9M | $20.3M | 25x | |
| KuCoin SOXSUSDTM | +0.0257% | 8h | 35.370 | −0.113% | $684K | $2.7M | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0820% | 1h | 35.274 | −0.385% | $8K | $32K | 20x | as long as short |
| Bitget SOXSUSDT | +0.2064% | 8h | 35.365 | −0.127% | $5.8M | $19.1M | 20x | as long as short |
BloFin SOXS-USDT
OKX SOXS-USDT-SWAP
edgeX SOXSUSDC
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDT
KuCoin SOXSUSDTM
Kraken Futures PF_SOXSUSD
Bitget SOXSUSDT