SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.9% APRnext payment +$1.72 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against Bybit−0.171%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1251.254% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.162%+$16 · spread now −0.171%, 7d avg −0.011%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.161% cheaper against Bybit than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.011%). If the spread goes back, that is −$16 on $10k: about 3.1 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, 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	35.010	0.0136	pay 0.0136% / 8h	3h 38m	$4.3M	$10.7M	50x
Short	KuCoin SOXSUSDTM	34.950	0.0308	get 0.0308% / 8h	3h 38m	$672K	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.171%Rate

Funding earned: $36.18
Price spread: −0.171% → −0.011%: −$16.07
Slippage, 4 orders: −$102.44
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$105.34
Costs to cover: 1.254%
Break-even: 27.4 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: 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, 5 min ago	1.44 bp	13.3 bp −$13	19.7 bp −$197	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	1.44 bp	41.8 bp −$42	doesn't fit	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	−0.0092%	4h	34.743	−0.761%	$38K	$177K	10x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.000	−0.029%	$2.2M	$10.8M	25x	as long as short
Bitget SOXSUSDT	0.0000%	8h	34.984	−0.074%	$6.1M	$16.6M	20x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.000	−0.029%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.990	−0.057%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.950	−0.171%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.969	−0.117%	—	—	10x	as long as short
Variational Omni SOXS	+0.0099%	8h	34.759	−0.717%	$442K	$619K	—	as long as short
MEXC SOXS_USDT	+0.0117%	8h	34.980	−0.086%	$10.8M	$12.8M	50x	as long as short
Binance SOXSUSDT	+0.0119%	8h	34.990	−0.057%	$15.3M	$176.7M	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	+0.0119%	8h	35.000	−0.029%	$197K	$56K	25x	as long as short
Bybit SOXSUSDTlong	+0.0136%	8h	35.010	long leg	$4.3M	$10.7M	50x
KuCoin SOXSUSDTMshort	+0.0308%	8h	34.950	−0.171%	$672K	$2.5M	10x
OKX SOXS-USDT-SWAP	+0.0330%	8h	34.990	−0.057%	$3.2M	$18.3M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.0711%	1h	34.972	−0.109%	$8K	$32K	20x	as long as short