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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOXS-USDT-SWAP | 36.000 | 0.0157 | pay 0.0157% / 8h | 1h 38m | $3.0M | $20.9M | 25x |
| Short | Binance SOXSUSDT | 35.975 | 0.0156 | get 0.0156% / 8h | 1h 38m | $15.5M | $194.3M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 1.39 bp | 11.3 bp −$11 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.39 bp | 7.8 bp −$8 | 11.3 bp −$113 | 58.2 bp −$5,824 | 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 | −0.0660% | 4h | 35.924 | −0.211% | $39K | $175K | 10x | as long as short |
| Kraken Futures PF_SOXSUSD | −0.0028% | 1h | 35.988 | −0.033% | $8K | $32K | 20x | as long as short |
| Bybit SOXSUSDT | 0.0000% | 8h | 35.990 | −0.028% | $4.2M | $11.4M | 50x | as long as short |
| Gate SOXS_USDT | 0.0000% | 8h | 35.980 | −0.056% | $2.2M | $11.9M | 25x | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 35.980 | −0.056% | — | $4.3M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 36.050 | +0.139% | $11K | $24K | 10x | as long as short |
| Phemex SOXSUSDT | 0.0000% | 8h | 35.970 | −0.083% | $1.3M | $1.9M | 20x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 35.969 | −0.086% | — | — | 10x | as long as short |
| Variational Omni SOXS | +0.0118% | 8h | 35.929 | −0.198% | $464K | $717K | — | as long as short |
| Binance SOXSUSDTshort | +0.0156% | 8h | 35.975 | −0.069% | $15.5M | $194.3M | 25x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXS-USDT-SWAPlong | +0.0157% | 8h | 36.000 | long leg | $3.0M | $20.9M | 25x | |
| MEXC SOXS_USDT | +0.0157% | 8h | 35.970 | −0.083% | $12.1M | $14.0M | 50x | as long as short |
| BloFin SOXS-USDT | +0.0181% | 8h | 35.950 | −0.139% | $187K | $62K | 25x | as long as short |
| KuCoin SOXSUSDTM | +0.0232% | 8h | 35.970 | −0.083% | $700K | $2.7M | 10x | as long as short |
| Bitget SOXSUSDT | +0.2295% | 8h | 35.944 | −0.156% | $6.0M | $19.3M | 20x | as long as short |
OKX SOXS-USDT-SWAP
Binance SOXSUSDT
edgeX SOXSUSDC
Kraken Futures PF_SOXSUSD
Bybit SOXSUSDT
Gate SOXS_USDT
SunX SOXS-USDT
HTX SOXS-USDT
Phemex SOXSUSDT
Lighter SOXS
Variational Omni SOXS
MEXC SOXS_USDT
BloFin SOXS-USDT
KuCoin SOXSUSDTM
Bitget SOXSUSDT