SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$2.13 per $10,000 · paid last 24h −0.017%

Price spread now: OKX against MEXC+0.171%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 7 days−0.178%−$18 · spread now +0.171%, 7d avg +0.032%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.139% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.032%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 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	35.010	0.0117	pay 0.0117% / 8h	3h 38m	$10.8M	$12.8M	50x
Short	OKX SOXS-USDT-SWAP	35.070	0.0330	get 0.0330% / 8h	3h 38m	$3.2M	$18.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.171%Rate

Funding earned: $44.68
Price spread: +0.171% → +0.032%: $13.93
Slippage, 4 orders: −$13.07
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $35.53
Costs to cover: 0.231%
Break-even: 1.4 days

Slippage from MEXC: live order book, 5 min ago; OKX: 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, 5 min ago	1.44 bp	1.4 bp −$1	1.4 bp −$14	6.3 bp −$626	28.0 bp −$14.0K
Sell OKX live order book, 5 min ago	1.44 bp	9.0 bp −$9	19.1 bp −$191	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
edgeX SOXSUSDC	−0.0092%	4h	34.743	−0.761%	$38K	$177K	10x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.010	0.000%	$2.2M	$10.8M	25x	as long as short
Bitget SOXSUSDT	0.0000%	8h	35.021	+0.031%	$6.1M	$16.6M	20x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.010	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.990	−0.057%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.020	+0.029%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.984	−0.074%	—	—	10x	as long as short
Variational Omni SOXS	+0.0099%	8h	34.759	−0.717%	$442K	$619K	—	as long as short
MEXC SOXS_USDTlong	+0.0117%	8h	35.010	long leg	$10.8M	$12.8M	50x
Binance SOXSUSDT	+0.0119%	8h	35.051	+0.116%	$15.3M	$177.0M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0119%	8h	35.000	−0.029%	$197K	$56K	25x	as long as short
Bybit SOXSUSDT	+0.0136%	8h	35.060	+0.143%	$4.3M	$10.7M	50x	as long as short
KuCoin SOXSUSDTM	+0.0310%	8h	34.980	−0.086%	$673K	$2.5M	10x	as long as short
OKX SOXS-USDT-SWAPshort	+0.0330%	8h	35.070	+0.171%	$3.2M	$18.3M	25x
Kraken Futures PF_SOXSUSD	+0.0711%	1h	34.995	−0.042%	$8K	$32K	20x	as long as short