SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h −0.030%

Price spread now: OKX against KuCoin−0.088%7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1181.177% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 7 days+0.143%+$14 · spread now −0.088%, 7d avg +0.046%

Together, before fees+0.265%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.134% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.046%). If the spread goes back, that is −$13 on $10k: about 15 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXSUSDTM	34.150	0.0254	pay 0.0254% / 8h	5h 21m	$709K	$2.4M	10x
Short	OKX SOXS-USDT-SWAP	34.120	0.0284	get 0.0284% / 8h	5h 21m	$3.1M	$17.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now −0.088%Rate

Funding earned: $6.26
Price spread: −0.088% → +0.046%: −$13.39
Slippage, 4 orders: −$95.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$124.79
Costs to cover: 1.177%
Break-even: 146.6 days

Slippage from KuCoin: live order book, 5 min ago; OKX: 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	1.46 bp	70.3 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.46 bp	9.3 bp −$9	16.8 bp −$168	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	−0.0116%	8h	34.142	−0.023%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.120	−0.088%	$15.8M	$172.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.130	−0.059%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.110	−0.117%	$10.0M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.198	+0.141%	$431K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.190	+0.117%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.210	+0.176%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.190	+0.117%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0021%	8h	34.180	+0.088%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	34.100	−0.146%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SOXSUSDT	+0.0173%	8h	34.130	−0.059%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTMlong	+0.0254%	8h	34.150	long leg	$709K	$2.4M	10x
OKX SOXS-USDT-SWAPshort	+0.0284%	8h	34.120	−0.088%	$3.1M	$17.1M	25x
edgeX SOXSUSDC	+0.0449%	4h	34.236	+0.252%	$37K	$179K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.1158%	1h	34.169	+0.054%	$8K	$31K	20x	as long as short