Funding you earn now, next payment 00:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h −0.045%
Price spread now: Bitget against Bybit−0.020%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days−0.421%−$42 on $10k
+Price spread, last 7 days+0.035%+$4 · spread now −0.020%, 7d avg +0.024%
=Funding pays, the price is against you. Bitget is 0.044% cheaper against Bybit than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.024%). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.421%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXSUSDT | 35.450 | 0 | get 0.0000% / 8h | 3h 30m | $4.1M | $10.1M | 50x |
| Short | Bitget SOXSUSDT | 35.443 | 0.0091 | get 0.0091% / 8h | 3h 30m | $5.5M | $15.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $19.11
- Price spread: −0.020% → +0.024%
- −$4.39
- Slippage, 4 orders
- −$22.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.08
- Costs to cover
- 0.458%
- Break-even
- 18.4 days
Slippage from Bybit: live order book, 3 min ago; Bitget: 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 | 1.41 bp | 9.6 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.70 bp | 11.6 bp −$12 | 20.7 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXSUSD | −0.0265% | 1h | 35.416 | −0.096% | $11K | $22K | 20x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 35.444 | −0.018% | $13.5M | $164.4M | 25x | as long as short |
| Bybit SOXSUSDTlong | 0.0000% | 8h | 35.450 | long leg | $4.1M | $10.1M | 50x | |
| Gate SOXS_USDT | 0.0000% | 8h | 35.440 | −0.028% | $1.9M | $9.0M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 35.440 | −0.028% | $12.8M | $10.3M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.546 | +0.269% | $309K | $361K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.460 | +0.028% | — | $5.0M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.520 | +0.197% | $12K | $23K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.450 | 0.000% | $1.2M | $1.8M | 20x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0015% | 8h | 35.450 | 0.000% | $2.4M | $13.5M | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXS-USDT | +0.0022% | 8h | 35.450 | 0.000% | $159K | $57K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.445 | −0.014% | — | — | 10x | as long as short |
| Bitget SOXSUSDTshort | +0.0091% | 8h | 35.443 | −0.020% | $5.5M | $15.4M | 20x | |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 35.480 | +0.085% | $732K | $2.0M | 10x | as long as short |
| edgeX SOXSUSDC | +0.0109% | 4h | 35.449 | −0.003% | $39K | $189K | 10x | as long as short |
Bybit SOXSUSDT
Bitget SOXSUSDT
Kraken Futures PF_SOXSUSD
Binance SOXSUSDT
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
OKX SOXS-USDT-SWAP
BloFin SOXS-USDT
Lighter SOXS
KuCoin SOXSUSDTM
edgeX SOXSUSDC