Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Bitget against Lighter+0.052%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.052% dearer against Lighter than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	34.734	0.0032	pay 0.0004% / 1h	39m 20s	—	—	10x
Short	Bitget SOXSUSDT	34.752	0	get 0.0000% / 8h	39m 20s	$4.9M	$15.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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 LighterbpFee BitgetbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$6.72
Price spread: +0.052% → 0.000%: $5.18
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$13.54
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 4 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	0.86 bp	10.5 bp −$11	28.3 bp −$283	doesn't fit	doesn't fit

Lighter: 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 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
edgeX SOXSUSDC	−0.0613%	4h	34.768	+0.099%	$38K	$183K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0298%	1h	34.686	−0.137%	$8K	$32K	20x	as long as short
BloFin SOXS-USDT	−0.0010%	8h	34.770	+0.104%	$162K	$56K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.740	+0.017%	$12.9M	$163.7M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.750	+0.046%	$3.9M	$9.8M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.760	+0.075%	$2.5M	$14.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.740	+0.017%	$2.0M	$8.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.740	+0.017%	$12.4M	$10.8M	50x	as long as short
Bitget SOXSUSDTshort	0.0000%	8h	34.752	+0.052%	$4.9M	$15.1M	20x
Variational Omni SOXS	0.0000%	8h	34.761	+0.077%	$294K	$313K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXS-USDT	0.0000%	8h	34.740	+0.017%	—	$4.8M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.790	+0.161%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.740	+0.017%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSlong	+0.0032%	1h	34.734	long leg	—	—	10x
KuCoin SOXSUSDTM	+0.0100%	8h	34.740	+0.017%	$719K	$2.2M	10x	as long as short