Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.029%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1741.739% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 3 days (all we have)−0.005%−$1 · spread now +0.029%, 7d avg +0.004%

Together, before fees+0.021%+$2 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: SunX is 0.025% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXS_USDT	33.930	0	get 0.0000% / 8h	6h 58m	$2.1M	$9.5M	25x
Short	SunX SOXS-USDT	33.940	0	get 0.0000% / 8h	6h 58m	—	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → +0.004%: $2.54
Slippage, 4 orders: −$150.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$171.4
Costs to cover: 1.739%
Break-even: never at this rate

Slippage from Gate: live order book, just now; SunX: live order book, 10 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, just now	2.95 bp	13.4 bp −$13	39.6 bp −$396	71.3 bp −$7,132	doesn't fit
Sell SunX live order book, 10 min ago	48.85 bp	75.3 bp −$75	doesn't fit	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
Bitget SOXSUSDT	−0.0913%	8h	33.947	+0.050%	$6.0M	$16.6M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	33.930	0.000%	$15.0M	$172.7M	25x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.010	+0.236%	$2.9M	$16.8M	25x	as long as short
Gate SOXS_USDTlong	0.0000%	8h	33.930	long leg	$2.1M	$9.5M	25x
MEXC SOXS_USDT	0.0000%	8h	33.930	0.000%	$9.8M	$11.9M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	33.769	−0.474%	$412K	$625K	—	as long as short
SunX SOXS-USDTshort	0.0000%	8h	33.940	+0.029%	—	$4.6M	10x
HTX SOXS-USDT	0.0000%	8h	33.830	−0.295%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	33.960	+0.088%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0016%	8h	33.900	−0.088%	$165K	$54K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	33.880	−0.147%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	33.880	−0.147%	$731K	$2.3M	10x	as long as short
Bybit SOXSUSDT	+0.0233%	8h	33.950	+0.059%	$4.1M	$10.6M	50x	as long as short
edgeX SOXSUSDC	+0.0237%	4h	33.809	−0.357%	$37K	$182K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0558%	1h	33.932	+0.006%	$8K	$32K	20x	as long as short