Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.118%7-day average — · you buy dearer than you sell

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

Long on Gate 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 airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.118% cheaper against Gate than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 12 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	33.990	0	get 0.0000% / 8h	5h 02m	$2.1M	$10.4M	25x
Short	Lighter SOXS	33.950	0.0032	get 0.0004% / 1h	2m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.118%Rate

Funding earned: $6.72
Price spread: −0.118% → 0.000%: −$11.77
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$20.05
Costs to cover: 0.150%
Break-even: 27.9 days

Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago	2.94 bp	10.4 bp −$10	22.0 bp −$220	69.7 bp −$6,971	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
Bitget SOXSUSDT	−0.0303%	8h	33.990	0.000%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.969	−0.063%	$15.6M	$173.1M	25x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	33.990	long leg	$2.1M	$10.4M	25x
MEXC SOXS_USDT	0.0000%	8h	33.970	−0.059%	$10.1M	$12.7M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.968	−0.064%	$429K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	33.980	−0.029%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.070	+0.235%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.980	−0.029%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0017%	8h	33.960	−0.088%	$192K	$54K	25x	as long as short
Lighter SOXSshort	+0.0032%	1h	33.950	−0.118%	—	—	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0134%	8h	33.990	0.000%	$4.1M	$10.4M	50x	as long as short
edgeX SOXSUSDC	+0.0234%	4h	33.958	−0.095%	$37K	$179K	10x	as long as short
KuCoin SOXSUSDTM	+0.0266%	8h	34.000	+0.029%	$703K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0307%	8h	34.000	+0.029%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.1165%	1h	33.975	−0.044%	$8K	$31K	20x	as long as short