Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0239%/8h= +26.1% APRpaid last 24h —

Price spread now: Lighter against edgeX−0.154%79s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.154% cheaper against edgeX than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2.2 days of funding at the current rate (+$7 a day). The two prices were read 79 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	34.223	−0.0207	get 0.0103% / 4h	1h 46m	$37K	$181K	10x
Short	Lighter SOXS	34.170	0.0032	get 0.0004% / 1h	46m 12s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.154%Rate

Funding earned: $50.11
Price spread: −0.154% → 0.000%: −$15.41
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $25.7
Costs to cover: 0.090%
Break-even: 3.4 days

Slippage unknown: edgeX: live order book, 15 min ago; Lighter: 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, 15 min ago	8.76 bp	13.7 bp −$14	40.4 bp −$404	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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
edgeX SOXSUSDClong	−0.0207%	4h	34.223	long leg	$37K	$181K	10x
Bitget SOXSUSDT	−0.0100%	8h	34.222	−0.002%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.221	−0.005%	$15.9M	$172.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.210	−0.037%	$2.2M	$10.2M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.210	−0.037%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.158	−0.188%	$431K	$623K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.210	−0.037%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.230	+0.021%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.220	−0.008%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	0.0000%	8h	34.240	+0.050%	—	$55K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXSshort	+0.0032%	1h	34.170	−0.154%	—	—	10x
KuCoin SOXSUSDTM	+0.0185%	8h	34.220	−0.008%	$730K	$2.4M	10x	as long as short
Bybit SOXSUSDT	+0.0202%	8h	34.230	+0.021%	$4.2M	$10.4M	50x	as long as short
OKX SOXS-USDT-SWAP	+0.0219%	8h	34.240	+0.050%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.1157%	1h	34.190	−0.094%	$8K	$31K	20x	as long as short