Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h −0.139%

Price spread now: edgeX against Gate+0.451%97s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as 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−$530.532% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 4 days (all we have)−0.543%−$54 · spread now +0.451%, 7d avg +0.014%

Together, before fees−0.393%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.437% dearer against Gate than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 97 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	Gate SOXS_USDT	35.350	0	get 0.0000% / 8h	3h 05m	$2.2M	$11.3M	25x
Short	edgeX SOXSUSDC	35.510	0.0133	get 0.0067% / 4h	3h 05m	$39K	$177K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now +0.451%Rate

Funding earned: $27.99
Price spread: +0.451% → +0.014%: $43.73
Slippage, 4 orders: −$29.16
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $18.56
Costs to cover: 0.532%
Break-even: 2.4 days

Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 46 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 Gate live order book, 3 min ago	1.41 bp	11.6 bp −$12	31.4 bp −$314	68.8 bp −$6,878	doesn't fit
Sell edgeX live order book, 46 min ago	8.67 bp	14.0 bp −$14	36.5 bp −$365	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_USDTlong	0.0000%	8h	35.350	long leg	$2.2M	$11.3M	25x
SunX SOXS-USDT	0.0000%	8h	35.310	−0.113%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.510	+0.453%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.330	−0.057%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	35.289	−0.173%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0055%	8h	35.350	0.000%	$4.3M	$11.0M	50x	as long as short
Variational Omni SOXS	+0.0125%	8h	35.309	−0.116%	$451K	$663K	—	as long as short
edgeX SOXSUSDCshort	+0.0133%	4h	35.510	+0.451%	$39K	$177K	10x
Binance SOXSUSDT	+0.0144%	8h	35.350	0.000%	$14.8M	$183.1M	25x	as long as short
MEXC SOXS_USDT	+0.0146%	8h	35.360	+0.028%	$12.1M	$13.1M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0159%	8h	35.490	+0.396%	$194K	$58K	25x	as long as short
OKX SOXS-USDT-SWAP	+0.0299%	8h	35.370	+0.057%	$3.0M	$19.4M	25x	as long as short
KuCoin SOXSUSDTM	+0.0303%	8h	35.360	+0.028%	$680K	$2.6M	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0705%	1h	35.268	−0.233%	$8K	$32K	20x	as long as short
Bitget SOXSUSDT	+0.1211%	8h	35.334	−0.045%	$5.9M	$17.1M	20x	as long as short