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+0.0050%/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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.277%+$28 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOXS-USDT35.4100.0140pay 0.0140% / 8h2h 08m$184K$60K25x
ShortOKX SOXS-USDT-SWAP35.3700.0190get 0.0190% / 8h2h 08m$2.9M$20.3M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 7 min ago1.40 bp7.4 bp −$713.9 bp −$13950.2 bp −$5,016138.1 bp −$69.1K
Sell OKX live order book, 5 min ago2.81 bp11.6 bp −$1218.6 bp −$186doesn'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−0.0348%4h35.380−0.083%$39K$175K10xas long as short
Bybit SOXSUSDT0.0000%8h35.380−0.085%$4.2M$11.3M50xas long as short
Gate SOXS_USDT0.0000%8h35.340−0.198%$2.2M$11.7M25xas long as short
SunX SOXS-USDT0.0000%8h35.360−0.141%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.4100.000%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.400−0.028%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.320−0.254%10xas long as short
Variational Omni SOXS+0.0117%8h35.389−0.060%$451K$712Kas long as short
BloFin SOXS-USDTlong+0.0140%8h35.410long leg$184K$60K25x
MEXC SOXS_USDT+0.0141%8h35.380−0.085%$10.4M$13.8M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOXSUSDT+0.0143%8h35.370−0.113%$15.1M$191.7M25xas long as short
OKX SOXS-USDT-SWAPshort+0.0190%8h35.370−0.113%$2.9M$20.3M25x
KuCoin SOXSUSDTM+0.0257%8h35.370−0.113%$684K$2.7M10xas long as short
Kraken Futures PF_SOXSUSD+0.0820%1h35.274−0.385%$8K$32K20xas long as short
Bitget SOXSUSDT+0.2064%8h35.365−0.127%$5.8M$19.1M20xas long as short