Settings8H · net · $10k
Funding arb · Price arb /

SOXS

RWAall SOXS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against OKX−0.069%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.138%−$14 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.069%, 7d avg −0.047%
Together, before fees−0.073%−$7 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 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOXS-USDT-SWAP36.0000.0157pay 0.0157% / 8h1h 38m$3.0M$20.9M25x
ShortBinance SOXSUSDT35.9750.0156get 0.0156% / 8h1h 38m$15.5M$194.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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

Funding earned
−$0.14
Price spread: −0.069% → −0.047%
−$2.17
Slippage, 4 orders
−$14.12
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$36.43
Costs to cover
0.341%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.39 bp11.3 bp −$1118.5 bp −$185doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.39 bp7.8 bp −$811.3 bp −$11358.2 bp −$5,824doesn't fit

SOXS on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SOXSUSDC−0.0660%4h35.924−0.211%$39K$175K10xas long as short
Kraken Futures PF_SOXSUSD−0.0028%1h35.988−0.033%$8K$32K20xas long as short
Bybit SOXSUSDT0.0000%8h35.990−0.028%$4.2M$11.4M50xas long as short
Gate SOXS_USDT0.0000%8h35.980−0.056%$2.2M$11.9M25xas long as short
SunX SOXS-USDT0.0000%8h35.980−0.056%$4.3M10xas long as short
HTX SOXS-USDT0.0000%8h36.050+0.139%$11K$24K10xas long as short
Phemex SOXSUSDT0.0000%8h35.970−0.083%$1.3M$1.9M20xas long as short
Lighter SOXS+0.0032%1h35.969−0.086%10xas long as short
Variational Omni SOXS+0.0118%8h35.929−0.198%$464K$717Kas long as short
Binance SOXSUSDTshort+0.0156%8h35.975−0.069%$15.5M$194.3M25x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SOXS-USDT-SWAPlong+0.0157%8h36.000long leg$3.0M$20.9M25x
MEXC SOXS_USDT+0.0157%8h35.970−0.083%$12.1M$14.0M50xas long as short
BloFin SOXS-USDT+0.0181%8h35.950−0.139%$187K$62K25xas long as short
KuCoin SOXSUSDTM+0.0232%8h35.970−0.083%$700K$2.7M10xas long as short
Bitget SOXSUSDT+0.2295%8h35.944−0.156%$6.0M$19.3M20xas long as short