SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRnext payment +$2.50 per $10,000 · paid last 24h +0.014%

Price spread now: KuCoin against MEXC+0.088%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$1021.020% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.156%−$16 · spread now +0.088%, 7d avg −0.015%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.103% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.015%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXS_USDT	34.140	0	get 0.0000% / 8h	5h 21m	$10.1M	$12.5M	50x
Short	KuCoin SOXSUSDTM	34.170	0.0250	get 0.0250% / 8h	5h 21m	$709K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.088%Rate

Funding earned: $52.5
Price spread: +0.088% → −0.015%: $10.27
Slippage, 4 orders: −$90.01
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$39.23
Costs to cover: 1.020%
Break-even: 12.2 days

Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago	1.46 bp	1.5 bp −$1	1.5 bp −$15	6.6 bp −$664	35.4 bp −$17.7K
Sell KuCoin live order book, 5 min ago	1.46 bp	27.3 bp −$27	doesn't fit	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	−0.0117%	8h	34.160	+0.059%	$6.0M	$16.5M	20x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.130	−0.029%	$15.8M	$172.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.130	−0.029%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDTlong	0.0000%	8h	34.140	long leg	$10.1M	$12.5M	50x
Variational Omni SOXS	0.0000%	8h	34.198	+0.170%	$431K	$620K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.190	+0.146%	—	$4.4M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.210	+0.205%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.190	+0.146%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0021%	8h	34.180	+0.117%	$192K	$54K	25x	as long as short
Lighter SOXS	+0.0032%	1h	34.140	0.000%	—	—	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	34.150	+0.029%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTMshort	+0.0250%	8h	34.170	+0.088%	$709K	$2.4M	10x
OKX SOXS-USDT-SWAP	+0.0284%	8h	34.150	+0.029%	$3.1M	$17.2M	25x	as long as short
edgeX SOXSUSDC	+0.0449%	4h	34.236	+0.281%	$37K	$179K	10x	as long as short
Kraken Futures PF_SOXSUSD	+0.1158%	1h	34.169	+0.084%	$8K	$31K	20x	as long as short