Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.029%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$170.167% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 2 days (all we have)−0.002%$0 · spread now +0.029%, 7d avg −0.004%

Together, before fees0.000%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.033% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	34.290	0	get 0.0000% / 8h	6h 35m	$11.1M	$12.2M	50x
Short	Binance SOXSUSDT	34.300	0	get 0.0000% / 8h	6h 35m	$15.9M	$172.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → −0.004%: $3.33
Slippage, 4 orders: −$6.73
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.4
Costs to cover: 0.167%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 8 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 MEXC live order book, 3 min ago	1.46 bp	1.5 bp −$1	1.5 bp −$15	7.6 bp −$758	35.9 bp −$17.9K
Sell Binance live order book, 8 min ago	1.46 bp	6.5 bp −$6	13.5 bp −$135	56.9 bp −$5,690	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	−0.0439%	8h	34.315	+0.073%	$6.1M	$16.4M	20x	as long as short
BloFin SOXS-USDT	−0.0018%	8h	34.090	−0.583%	$167K	$54K	25x	as long as short
Binance SOXSUSDTshort	0.0000%	8h	34.300	+0.029%	$15.9M	$172.9M	25x
Gate SOXS_USDT	0.0000%	8h	34.310	+0.058%	$2.2M	$10.1M	25x	as long as short
MEXC SOXS_USDTlong	0.0000%	8h	34.290	long leg	$11.1M	$12.2M	50x
Variational Omni SOXS	0.0000%	8h	34.360	+0.203%	$438K	$635K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.360	+0.204%	—	$4.5M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.350	+0.175%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.350	+0.175%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.310	+0.058%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXSUSDTM	+0.0100%	8h	34.310	+0.058%	$741K	$2.4M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0155%	8h	34.320	+0.087%	$3.1M	$17.2M	25x	as long as short
Bybit SOXSUSDT	+0.0404%	8h	34.310	+0.058%	$4.1M	$10.6M	50x	as long as short
edgeX SOXSUSDC	+0.0448%	4h	34.277	−0.038%	$37K	$181K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.0551%	1h	34.370	+0.233%	$8K	$31K	20x	as long as short