Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.385%−$39 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXSUSDT35.4500get 0.0000% / 8h3h 30m$4.1M$10.1M50x
ShortBitget SOXSUSDT35.4430.0091get 0.0091% / 8h3h 30m$5.5M$15.4M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.41 bp9.6 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.70 bp11.6 bp −$1220.7 bp −$207doesn'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
Kraken Futures PF_SOXSUSD−0.0265%1h35.416−0.096%$11K$22K20xas long as short
Binance SOXSUSDT0.0000%8h35.444−0.018%$13.5M$164.4M25xas long as short
Bybit SOXSUSDTlong0.0000%8h35.450long leg$4.1M$10.1M50x
Gate SOXS_USDT0.0000%8h35.440−0.028%$1.9M$9.0M25xas long as short
MEXC SOXS_USDT0.0000%8h35.440−0.028%$12.8M$10.3M50xas long as short
Variational Omni SOXS0.0000%8h35.546+0.269%$309K$361Kas long as short
SunX SOXS-USDT0.0000%8h35.460+0.028%$5.0M10xas long as short
HTX SOXS-USDT0.0000%8h35.520+0.197%$12K$23K10xas long as short
Phemex SOXSUSDT0.0000%8h35.4500.000%$1.2M$1.8M20xas long as short
OKX SOXS-USDT-SWAP+0.0015%8h35.4500.000%$2.4M$13.5M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXS-USDT+0.0022%8h35.4500.000%$159K$57K25xas long as short
Lighter SOXS+0.0032%1h35.445−0.014%10xas long as short
Bitget SOXSUSDTshort+0.0091%8h35.443−0.020%$5.5M$15.4M20x
KuCoin SOXSUSDTM+0.0100%8h35.480+0.085%$732K$2.0M10xas long as short
edgeX SOXSUSDC+0.0109%4h35.449−0.003%$39K$189K10xas long as short