Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.100%

Price spread now: OKX against Gate0.000%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg +0.046%

Together, before fees−0.069%−$7 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: OKX is 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	35.010	0	get 0.0000% / 8h	4h 22m	$1.9M	$8.7M	25x
Short	OKX SOXS-USDT-SWAP	35.010	0	get 0.0000% / 8h	4h 22m	$2.4M	$12.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.046%: −$4.59
Slippage, 4 orders: −$23.12
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$52.72
Costs to cover: 0.481%
Break-even: never at this rate

Slippage from Gate: live order book, 10 min ago; OKX: live order book, 5 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, 10 min ago	1.41 bp	14.4 bp −$14	35.7 bp −$357	66.0 bp −$6,600	doesn't fit
Sell OKX live order book, 5 min ago	1.42 bp	10.7 bp −$11	18.9 bp −$189	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
Kraken Futures PF_SOXSUSD	−0.0669%	1h	34.980	−0.086%	$10K	$11K	20x	as long as short
BloFin SOXS-USDT	−0.0006%	8h	35.070	+0.171%	$163K	$50K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	35.009	−0.003%	$13.4M	$155.2M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.020	+0.029%	$4.1M	$9.5M	50x	as long as short
OKX SOXS-USDT-SWAPshort	0.0000%	8h	35.010	0.000%	$2.4M	$12.5M	25x
Gate SOXS_USDTlong	0.0000%	8h	35.010	long leg	$1.9M	$8.7M	25x
MEXC SOXS_USDT	0.0000%	8h	35.000	−0.029%	$12.7M	$9.4M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	35.175	+0.471%	$322K	$279K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	35.040	+0.086%	—	$4.9M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.130	+0.343%	$12K	$23K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXSUSDT	0.0000%	8h	35.030	+0.057%	$1.2M	$1.7M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.975	−0.100%	—	—	10x	as long as short
Bitget SOXSUSDT	+0.0085%	8h	35.014	+0.011%	$5.5M	$14.8M	20x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	35.020	+0.029%	$724K	$1.9M	10x	as long as short
edgeX SOXSUSDC	+0.0283%	4h	35.108	+0.280%	$38K	$189K	10x	as long as short