Funding you earn now, next payment 16:00 UTC+0.0949%/8h= +103.9% APRnext payment +$9.49 per $10,000 · paid last 24h +0.153%
Price spread now: Bitget against KuCoin−0.028%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2732.735% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 7 days+0.075%+$7 · spread now −0.028%, 7d avg +0.038%
=Funding pays, the price is against you. Bitget is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.038%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.234%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.234% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.49 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXSUSDTM | 35.710 | 0.0100 | pay 0.0100% / 8h | 6h 15m | $708K | $2.9M | 10x |
| Short | Bitget SOXSUSDT | 35.700 | 0.1049 | get 0.1049% / 8h | 6h 15m | $5.3M | $22.1M | 20x |
KuCoin SOXSUSDTM
Bitget SOXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $199.29
- Price spread: −0.028% → +0.038%
- −$6.6
- Slippage, 4 orders
- −$249.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.79
- Costs to cover
- 2.735%
- Break-even
- 9.8 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: 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 KuCoin live order book, 5 min ago | 2.79 bp | 185.4 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.26 bp | 12.5 bp −$12 | 24.4 bp −$244 | doesn't fit | doesn't fit |
SOXS on 15 exchanges
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 | −0.0532% | 4h | 35.789 | +0.220% | $39K | $173K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0152% | 1h | 35.631 | −0.220% | $9K | $31K | 20x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 35.703 | −0.020% | $13.6M | $210.1M | 25x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.710 | 0.000% | $4.0M | $11.8M | 50x | as long as short |
| OKX SOXS-USDT-SWAP | 0.0000% | 8h | 35.710 | 0.000% | $2.7M | $23.6M | 25x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.680 | −0.084% | $2.2M | $16.3M | 25x | as long as short |
| MEXC SOXS_USDT | 0.0000% | 8h | 35.700 | −0.028% | $11.1M | $15.4M | 50x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 35.677 | −0.091% | $443K | $731K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.710 | 0.000% | — | $3.9M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 35.820 | +0.308% | $13K | $26K | 10x | as long as short |
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Binance SOXSUSDT
Bybit SOXSUSDT
OKX SOXS-USDT-SWAP
Gate SOXS_USDT
MEXC SOXS_USDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXSUSDT | 0.0000% | 8h | 35.700 | −0.028% | $1.3M | $1.8M | 20x | as long as short |
| BloFin SOXS-USDT | +0.0002% | 8h | 35.670 | −0.112% | $175K | $71K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.689 | −0.059% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTMlong | +0.0100% | 8h | 35.710 | long leg | $708K | $2.9M | 10x | |
| Bitget SOXSUSDTshort | +0.1049% | 8h | 35.700 | −0.028% | $5.3M | $22.1M | 20x |
Phemex SOXSUSDT
BloFin SOXS-USDT
Lighter SOXS