Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h +0.112%

Price spread now: Binance against edgeX+0.037%110s7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.422% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.381%−$38 on $10k

Price spread, last 4 days (all we have)−2.163%−$216 · spread now +0.037%, 7d avg −0.019%

Together, before fees−2.544%+ Points / potential airdropedgeX: Active · farm board−$254 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.056% dearer against edgeX than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.019%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXSUSDC	33.958	0.0234	pay 0.0117% / 4h	1h 01m	$37K	$179K	10x
Short	Binance SOXSUSDT	33.970	0	get 0.0000% / 8h	5h 01m	$15.6M	$173.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.037%Rate

Funding earned: −$49.11
Price spread: +0.037% → −0.019%: $5.57
Slippage, 4 orders: −$23.19
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$85.74
Costs to cover: 0.422%
Break-even: never at this rate

Slippage from edgeX: live order book, 60 min ago; Binance: live order book, 12 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 edgeX live order book, 60 min ago	8.76 bp	13.7 bp −$14	40.4 bp −$404	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.47 bp	6.5 bp −$6	12.1 bp −$121	58.5 bp −$5,852	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
Bitget SOXSUSDT	−0.0312%	8h	33.986	+0.084%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDTshort	0.0000%	8h	33.970	+0.037%	$15.6M	$173.0M	25x
Gate SOXS_USDT	0.0000%	8h	33.960	+0.007%	$2.1M	$10.4M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	33.960	+0.007%	$10.1M	$12.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.968	+0.032%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.980	+0.066%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.070	+0.331%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.980	+0.066%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0017%	8h	33.960	+0.007%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	33.929	−0.084%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0135%	8h	33.990	+0.096%	$4.1M	$10.4M	50x	as long as short
edgeX SOXSUSDClong	+0.0234%	4h	33.958	long leg	$37K	$179K	10x
KuCoin SOXSUSDTM	+0.0267%	8h	33.980	+0.066%	$703K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0307%	8h	33.990	+0.096%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.1165%	1h	33.975	+0.051%	$8K	$31K	20x	as long as short