Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h +0.162%

Price spread now: Kraken Futures against edgeX+0.076%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Kraken Futures is 0.076% dearer against edgeX than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXSUSDC	35.733	0.0131	pay 0.0066% / 4h	32m 36s	$39K	$175K	10x
Short	Kraken Futures PF_SOXSUSD	35.760	−0.0119	pay 0.0015% / 1h	32m 36s	$8K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$52.46
Price spread: +0.076% → 0.000%: $7.56
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$63.9
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 4 min ago	8.39 bp	14.1 bp −$14	35.8 bp −$358	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOXSUSDshort	−0.0119%	1h	35.760	+0.076%	$8K	$32K	20x
Bybit SOXSUSDT	0.0000%	8h	35.770	+0.105%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.750	+0.049%	$2.2M	$12.2M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.780	+0.133%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.780	+0.133%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.780	+0.133%	$1.2M	$1.9M	20x	as long as short
OKX SOXS-USDT-SWAP	+0.0013%	8h	35.760	+0.077%	$2.8M	$21.3M	25x	as long as short
Variational Omni SOXS	+0.0013%	8h	35.778	+0.127%	$462K	$707K	—	as long as short
Lighter SOXS	+0.0032%	1h	35.729	−0.010%	—	—	10x	as long as short
Binance SOXSUSDT	+0.0057%	8h	35.755	+0.062%	$15.1M	$197.0M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SOXS_USDT	+0.0058%	8h	35.750	+0.049%	$13.2M	$14.3M	50x	as long as short
BloFin SOXS-USDT	+0.0083%	8h	35.750	+0.049%	$178K	$63K	25x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.760	+0.077%	$694K	$2.8M	10x	as long as short
edgeX SOXSUSDClong	+0.0131%	4h	35.733	long leg	$39K	$175K	10x
Bitget SOXSUSDT	+0.1926%	8h	35.706	−0.075%	$6.1M	$19.7M	20x	as long as short