Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0552%/8h= +60.4% APRpaid last 24h +0.011%

Price spread now: Kraken Futures against HTX−0.099%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.099% cheaper against HTX than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 14 hours of funding at the current rate (+$17 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOXS-USDT	34.350	0	get 0.0000% / 8h	6h 33m	$11K	$24K	10x
Short	Kraken Futures PF_SOXSUSD	34.316	0.0552	get 0.0069% / 1h	33m 55s	$8K	$31K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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 HTXbpFee Kraken FuturesbpOrdersPrice spread, now −0.099%Rate

Funding earned: $115.86
Price spread: −0.099% → 0.000%: −$9.91
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $83.95
Costs to cover: 0.220%
Break-even: 1.9 days

Slippage unknown: HTX: no order-book sample; Kraken Futures: 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 HTX no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

HTX and Kraken Futures: 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 14 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	−0.0413%	8h	34.309	−0.119%	$6.1M	$16.4M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.306	−0.128%	$15.9M	$173.0M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.310	−0.116%	$2.2M	$10.1M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.300	−0.146%	$11.1M	$12.2M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.360	+0.028%	$438K	$635K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.320	−0.087%	—	$4.5M	10x	as long as short
HTX SOXS-USDTlong	0.0000%	8h	34.350	long leg	$11K	$24K	10x
Phemex SOXSUSDT	0.0000%	8h	34.310	−0.116%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.289	−0.178%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.310	−0.116%	$740K	$2.4M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SOXS-USDT-SWAP	+0.0156%	8h	34.330	−0.058%	$3.1M	$17.2M	25x	as long as short
Bybit SOXSUSDT	+0.0399%	8h	34.320	−0.087%	$4.1M	$10.5M	50x	as long as short
edgeX SOXSUSDC	+0.0448%	4h	34.277	−0.213%	$37K	$181K	10x	as long as short
Kraken Futures PF_SOXSUSDshort	+0.0552%	1h	34.316	−0.099%	$8K	$31K	20x