Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h —

Price spread now: OKX against Lighter+0.499%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 OKX

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

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.499% dearer against Lighter than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	34.289	0.0032	pay 0.0004% / 1h	37m 26s	—	—	10x
Short	OKX SOXS-USDT-SWAP	34.460	0.0150	get 0.0150% / 8h	6h 37m	$3.1M	$17.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.499%Rate

Funding earned: $24.8
Price spread: +0.499% → 0.000%: $49.87
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $64.67
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago	1.46 bp	6.5 bp −$6	15.9 bp −$159	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
Bitget SOXSUSDT	−0.0519%	8h	34.402	+0.330%	$6.1M	$16.4M	20x	as long as short
BloFin SOXS-USDT	−0.0018%	8h	34.090	−0.580%	$167K	$54K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.390	+0.296%	$16.0M	$172.5M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.370	+0.236%	$2.2M	$10.0M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.380	+0.265%	$10.9M	$12.1M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.130	−0.465%	$417K	$617K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.390	+0.295%	—	$4.5M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	33.950	−0.989%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.350	+0.178%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSlong	+0.0032%	1h	34.289	long leg	—	—	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXSUSDTM	+0.0100%	8h	34.350	+0.178%	$740K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0150%	8h	34.460	+0.499%	$3.1M	$17.2M	25x
Bybit SOXSUSDT	+0.0427%	8h	34.420	+0.382%	$4.1M	$10.6M	50x	as long as short
edgeX SOXSUSDC	+0.0448%	4h	34.277	−0.035%	$37K	$181K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0551%	1h	34.352	+0.184%	$8K	$31K	20x	as long as short