Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h +0.108%

Price spread now: Gate against edgeX+0.155%52s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as 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−$570.567% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.155%, 7d avg −0.011%

Together, before fees−0.173%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.166% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour. The two prices were read 52 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	34.936	−0.0135	get 0.0067% / 4h	1h 46m	$38K	$172K	10x
Short	Gate SOXS_USDT	34.990	0	get 0.0000% / 8h	5h 46m	$2.0M	$16.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.155%Rate

Funding earned: $28.34
Price spread: +0.155% → −0.011%: $16.6
Slippage, 4 orders: −$32.7
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$11.77
Costs to cover: 0.567%
Break-even: 9.9 days

Slippage from edgeX: live order book, 63 min ago; Gate: live order book, 5 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, 63 min ago	8.39 bp	13.8 bp −$14	32.8 bp −$328	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.43 bp	16.2 bp −$16	40.3 bp −$403	90.5 bp −$9,050	doesn't fit

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	−0.0804%	1h	34.924	−0.033%	$12K	$35K	20x	as long as short
edgeX SOXSUSDClong	−0.0135%	4h	34.936	long leg	$38K	$172K	10x
BloFin SOXS-USDT	−0.0010%	8h	34.980	+0.126%	$173K	$72K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.008	+0.207%	$13.6M	$218.1M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.030	+0.269%	$3.8M	$12.4M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.030	+0.269%	$2.6M	$24.5M	25x	as long as short
Gate SOXS_USDTshort	0.0000%	8h	34.990	+0.155%	$2.0M	$16.6M	25x
MEXC SOXS_USDT	0.0000%	8h	35.000	+0.183%	$9.9M	$15.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.916	−0.057%	$428K	$748K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.930	−0.017%	—	$3.8M	10x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	34.930	−0.017%	$12K	$22K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.930	−0.017%	$1.2M	$1.8M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.984	+0.137%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.000	+0.183%	$667K	$3.0M	10x	as long as short
Bitget SOXSUSDT	+0.0828%	8h	35.025	+0.255%	$5.3M	$23.1M	20x	as long as short