Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: Binance against Bybit−0.012%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 2 days (all we have)+0.036%+$4 · spread now −0.012%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXSUSDT | 33.880 | 0 | get 0.0000% / 8h | 7h 24m | $3.9M | $10.4M | 50x |
| Short | Binance SOXSUSDT | 33.876 | 0 | get 0.0000% / 8h | 7h 24m | $14.9M | $171.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.012% → −0.021%
- $0.84
- Slippage, 4 orders
- −$15.52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.67
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 3 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 Bybit live order book, 3 min ago | 1.48 bp | 13.1 bp −$13 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.48 bp | 6.5 bp −$6 | 13.2 bp −$132 | 72.7 bp −$7,268 | 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 | −0.1378% | 1h | 33.820 | −0.177% | $8K | $32K | 20x | as long as short |
| edgeX SOXSUSDC | −0.0973% | 4h | 33.695 | −0.547% | $37K | $182K | 10x | as long as short |
| Bitget SOXSUSDT | −0.0540% | 8h | 33.880 | 0.000% | $5.9M | $16.5M | 20x | as long as short |
| Binance SOXSUSDTshort | 0.0000% | 8h | 33.876 | −0.012% | $14.9M | $171.5M | 25x | |
| Bybit SOXSUSDTlong | 0.0000% | 8h | 33.880 | long leg | $3.9M | $10.4M | 50x | |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 33.890 | +0.030% | $2.5M | $16.3M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 33.840 | −0.118% | $2.0M | $9.6M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 33.870 | −0.030% | $9.9M | $12.0M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 33.749 | −0.385% | $295K | $513K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 33.850 | −0.089% | — | $4.6M | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXS-USDT | 0.0000% | 8h | 33.860 | −0.059% | $11K | $21K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 33.870 | −0.030% | $1.2M | $1.9M | 20x | as long as short |
| BloFin SOXS-USDT | +0.0020% | 8h | 33.890 | +0.030% | $168K | $54K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 33.810 | −0.207% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 33.870 | −0.030% | $736K | $2.3M | 10x | as long as short |
Bybit SOXSUSDT
Binance SOXSUSDT
Kraken Futures PF_SOXSUSD
edgeX SOXSUSDC
Bitget SOXSUSDT
OKX SOXS-USDT-SWAP
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
BloFin SOXS-USDT
Lighter SOXS
KuCoin SOXSUSDTM