Funding you earn now, next payment 08:00 UTC−0.0807%/8h= −88.3% APRpaid last 24h +0.139%
Price spread now: SunX against edgeX+0.769%74s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as 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−$1711.712% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.699%−$70 · spread now +0.769%, 7d avg −0.015%
=Together, before fees−0.823%+ Points / potential airdropedgeX: Active · farm board−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.784% dearer against edgeX than usual: you sell high and buy low (spread +0.769% now, against its 7-day average of −0.015%): +$78 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.124% in total) that is about 44 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXSUSDC | 34.614 | 0.0807 | pay 0.0403% / 4h | 3h 40m | $38K | $177K | 10x |
| Short | SunX SOXS-USDT | 34.880 | 0 | get 0.0000% / 8h | 3h 40m | — | $4.3M | 10x |
edgeX SOXSUSDC
SunX SOXS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$169.43
- Price spread: +0.769% → −0.015%
- $78.37
- Slippage, 4 orders
- −$154.21
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$262.27
- Costs to cover
- 1.712%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 11 min ago; SunX: 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, 11 min ago | 8.67 bp | 13.9 bp −$14 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 47.67 bp | 72.0 bp −$72 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXS_USDT | 0.0000% | 8h | 34.870 | +0.740% | $2.2M | $10.7M | 25x | as long as short |
| Bitget SOXSUSDT | 0.0000% | 8h | 34.883 | +0.777% | $6.1M | $16.6M | 20x | as long as short |
| SunX SOXS-USDTshort | 0.0000% | 8h | 34.880 | +0.769% | — | $4.3M | 10x | |
| HTX SOXS-USDT | 0.0000% | 8h | 34.700 | +0.249% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 34.860 | +0.711% | $1.2M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 34.840 | +0.653% | — | — | 10x | as long as short |
| BloFin SOXS-USDT | +0.0090% | 8h | 34.800 | +0.538% | $196K | $56K | 25x | as long as short |
| Variational Omni SOXS | +0.0099% | 8h | 34.759 | +0.419% | $442K | $619K | — | as long as short |
| MEXC SOXS_USDT | +0.0114% | 8h | 34.880 | +0.769% | $10.7M | $12.8M | 50x | as long as short |
| Binance SOXSUSDT | +0.0116% | 8h | 34.892 | +0.805% | $15.3M | $176.6M | 25x | as long as short |
Gate SOXS_USDT
Bitget SOXSUSDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
BloFin SOXS-USDT
Variational Omni SOXS
MEXC SOXS_USDT
Binance SOXSUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOXSUSDT | +0.0136% | 8h | 34.890 | +0.798% | $4.3M | $10.7M | 50x | as long as short |
| KuCoin SOXSUSDTM | +0.0306% | 8h | 34.850 | +0.682% | $671K | $2.5M | 10x | as long as short |
| OKX SOXS-USDT-SWAP | +0.0327% | 8h | 34.900 | +0.826% | $3.2M | $18.1M | 25x | as long as short |
| Kraken Futures PF_SOXSUSD | +0.0713% | 1h | 34.858 | +0.705% | $8K | $32K | 20x | as long as short |
| edgeX SOXSUSDClong | +0.0807% | 4h | 34.614 | long leg | $38K | $177K | 10x |
Bybit SOXSUSDT
KuCoin SOXSUSDTM
OKX SOXS-USDT-SWAP
Kraken Futures PF_SOXSUSD