Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.1% APRnext payment +$1.66 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Gate+0.252%93s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.226%−$23 on $10k
Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.252%, 7d avg +0.009%
Together, before fees−0.396%−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.243% dearer against Gate than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.226%, so the current rate has only just turned in your favour. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOXS_USDT35.7300get 0.0000% / 8h1h 25m$2.3M$12.0M25x
ShortBloFin SOXS-USDT35.8200.0166get 0.0166% / 8h1h 25m$186K$62K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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

Funding earned
$34.76
Price spread: +0.252% → +0.009%
$24.32
Slippage, 4 orders
−$15.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.87
Costs to cover
0.422%
Break-even
3.6 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago1.40 bp14.8 bp −$1529.4 bp −$29470.7 bp −$7,073doesn't fit
Sell BloFin live order book, 50 min ago1.40 bp8.5 bp −$911.3 bp −$11338.8 bp −$3,883124.9 bp −$62.5K

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0041%4h35.803+0.204%$39K$175K10xas long as short
Kraken Futures PF_SOXSUSD−0.0028%1h35.673−0.160%$8K$32K20xas long as short
Bybit SOXSUSDT0.0000%8h35.7300.000%$4.2M$11.4M50xas long as short
Gate SOXS_USDTlong0.0000%8h35.730long leg$2.3M$12.0M25x
SunX SOXS-USDT0.0000%8h35.7300.000%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h35.870+0.392%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.700−0.084%$1.2M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.685−0.126%10xas long as short
Variational Omni SOXS+0.0099%8h35.709−0.059%$465K$714Kas long as short
OKX SOXS-USDT-SWAP+0.0109%8h35.7300.000%$2.9M$20.9M25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SOXSUSDT+0.0142%8h35.720−0.027%$15.2M$195.3M25xas long as short
MEXC SOXS_USDT+0.0143%8h35.720−0.028%$12.6M$14.3M50xas long as short
BloFin SOXS-USDTshort+0.0166%8h35.820+0.252%$186K$62K25x
KuCoin SOXSUSDTM+0.0195%8h35.7300.000%$695K$2.8M10xas long as short
Bitget SOXSUSDT+0.2354%8h35.682−0.134%$6.0M$19.4M20xas long as short