Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0366%/8h= +40.1% APRpaid last 24h +0.169%

Price spread now: KuCoin against edgeX+0.259%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1211.211% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.351%−$35 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.259%, 7d avg +0.004%

Together, before fees−0.311%+ Points / potential airdropedgeX: Active · farm board−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.255% dearer against edgeX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.351%, 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	edgeX SOXSUSDC	35.608	−0.0266	get 0.0133% / 4h	3h 59m	$39K	$174K	10x
Short	KuCoin SOXSUSDTM	35.700	0.0100	get 0.0100% / 8h	7h 59m	$692K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.259%Rate

Funding earned: $76.96
Price spread: +0.259% → +0.004%: $25.49
Slippage, 4 orders: −$100.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.68
Costs to cover: 1.211%
Break-even: 8.7 days

Slippage from edgeX: live order book, 37 min ago; KuCoin: live order book, 8 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, 37 min ago	8.39 bp	14.1 bp −$14	35.8 bp −$358	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	4.20 bp	56.9 bp −$57	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
Kraken Futures PF_SOXSUSD	−0.0676%	1h	35.657	+0.137%	$10K	$33K	20x	as long as short
edgeX SOXSUSDClong	−0.0266%	4h	35.608	long leg	$39K	$174K	10x
BloFin SOXS-USDT	−0.0011%	8h	35.740	+0.371%	$174K	$64K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.699	+0.257%	$14.9M	$199.3M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.750	+0.400%	$4.3M	$11.5M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	35.740	+0.371%	$2.6M	$21.4M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.730	+0.343%	$3.7M	$13.0M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	35.720	+0.315%	$12.7M	$14.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.650	+0.119%	$462K	$709K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.700	+0.259%	—	$4.2M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXS-USDT	0.0000%	8h	35.650	+0.119%	$12K	$27K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.700	+0.259%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.690	+0.231%	—	—	10x	as long as short
KuCoin SOXSUSDTMshort	+0.0100%	8h	35.700	+0.259%	$692K	$2.8M	10x
Bitget SOXSUSDT	+0.1741%	8h	35.660	+0.147%	$6.1M	$19.5M	20x	as long as short