Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0291%/8h= −31.9% APRpaid last 24h +0.112%

Price spread now: BloFin against edgeX+0.467%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs+$4as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.331%−$33 on $10k

Price spread, last 4 days (all we have)−0.365%−$36 · spread now +0.467%, 7d avg −0.002%

Together, before fees−0.695%+ Points / potential airdropedgeX: Active · farm board−$70 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.468% dearer against edgeX than usual: you sell high and buy low (spread +0.467% now, against its 7-day average of −0.002%): +$47 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXSUSDC	35.126	0.0269	pay 0.0135% / 4h	56m 08s	$38K	$170K	10x
Short	BloFin SOXS-USDT	35.290	−0.0022	pay 0.0022% / 8h	4h 56m	$174K	$76K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpOrdersPrice spread, now +0.467%Rate

Funding earned: −$61.12
Price spread: +0.467% → −0.002%: $46.81
Slippage, 4 orders: −$21.63
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$56.94
Costs to cover: 0.426%
Break-even: from the start

Slippage from edgeX: live order book, 48 min ago; BloFin: live order book, 41 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, 48 min ago	7.13 bp	12.1 bp −$12	32.4 bp −$324	doesn't fit	doesn't fit
Sell BloFin live order book, 41 min ago	2.84 bp	8.9 bp −$9	14.3 bp −$143	37.4 bp −$3,735	120.6 bp −$60.3K

SOXS on 15 exchanges

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	−0.0235%	1h	35.368	+0.688%	$13K	$35K	20x	as long as short
BloFin SOXS-USDTshort	−0.0022%	8h	35.290	+0.467%	$174K	$76K	25x
Binance SOXSUSDT	0.0000%	8h	35.350	+0.637%	$13.8M	$219.5M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.380	+0.723%	$3.9M	$12.5M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.360	+0.666%	$2.6M	$25.3M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.360	+0.666%	$2.1M	$16.5M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.370	+0.694%	$12.2M	$16.0M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.176	+0.141%	$425K	$754K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.360	+0.666%	—	$3.8M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.360	+0.666%	$12K	$22K	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	35.370	+0.694%	$1.2M	$1.8M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.344	+0.620%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.350	+0.637%	$675K	$3.0M	10x	as long as short
edgeX SOXSUSDClong	+0.0269%	4h	35.126	long leg	$38K	$170K	10x
Bitget SOXSUSDT	+0.0474%	8h	35.360	+0.666%	$5.2M	$23.3M	20x	as long as short