Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.169%

Price spread now: MEXC against Gate+0.058%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 7 days−0.054%−$5 · spread now +0.058%, 7d avg +0.018%

Together, before fees−0.274%−$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.040% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	34.730	0	get 0.0000% / 8h	35m 58s	$2.0M	$8.6M	25x
Short	MEXC SOXS_USDT	34.750	0	get 0.0000% / 8h	35m 58s	$12.4M	$10.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → +0.018%: $3.97
Slippage, 4 orders: −$17.42
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$28.45
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 2 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	1.44 bp	17.8 bp −$18	42.2 bp −$422	74.5 bp −$7,452	doesn't fit
Sell MEXC live order book, 2 min ago	1.44 bp	1.4 bp −$1	1.4 bp −$14	7.3 bp −$729	33.5 bp −$16.8K

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 SOXSUSDC	−0.0412%	4h	34.736	+0.019%	$38K	$183K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0298%	1h	34.672	−0.168%	$8K	$32K	20x	as long as short
BloFin SOXS-USDT	−0.0001%	8h	34.730	0.000%	$162K	$56K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.743	+0.036%	$12.9M	$163.7M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.760	+0.086%	$3.9M	$9.8M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.760	+0.086%	$2.5M	$14.7M	25x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	34.730	long leg	$2.0M	$8.6M	25x
MEXC SOXS_USDTshort	0.0000%	8h	34.750	+0.058%	$12.4M	$10.8M	50x
Bitget SOXSUSDT	0.0000%	8h	34.764	+0.098%	$4.9M	$15.1M	20x	as long as short
Variational Omni SOXS	0.0000%	8h	34.711	−0.055%	$297K	$316K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXS-USDT	0.0000%	8h	34.710	−0.058%	—	$4.8M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.780	+0.144%	$11K	$23K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.730	0.000%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.730	0.000%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.740	+0.029%	$719K	$2.2M	10x	as long as short