Funding you earn now, next payment 04:00 UTC−0.0745%/8h= −81.6% APRpaid last 24h +0.045%
Price spread now: edgeX against OKX+0.090%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days+0.463%+$46 on $10k
+Price spread, last 3 days (all we have)−0.253%−$25 · spread now +0.090%, 7d avg −0.039%
=Together, before fees+0.210%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.129% dearer against OKX than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.039%): +$13 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.463%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.463% in total (about 24.1% a year). A funding rate is set anew for every payment. 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 | OKX SOXS-USDT-SWAP | 33.830 | 0 | get 0.0000% / 8h | 7h 45m | $2.5M | $15.8M | 25x |
| Short | edgeX SOXSUSDC | 33.861 | −0.0745 | pay 0.0373% / 4h | 3h 45m | $37K | $183K | 10x |
OKX SOXS-USDT-SWAP
edgeX SOXSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$156.46
- Price spread: +0.090% → −0.039%
- $12.89
- Slippage, 4 orders
- −$30.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$192.93
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; edgeX: live order book, 26 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, 3 min ago | 1.48 bp | 8.3 bp −$8 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 8.64 bp | 14.0 bp −$14 | 35.9 bp −$359 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXSUSD | −0.1379% | 1h | 33.789 | −0.121% | $8K | $32K | 20x | as long as short |
| edgeX SOXSUSDCshort | −0.0745% | 4h | 33.861 | +0.090% | $37K | $183K | 10x | |
| Gate SOXS_USDT | −0.0209% | 8h | 33.800 | −0.089% | $2.1M | $9.2M | 25x | as long as short |
| Binance SOXSUSDT | 0.0000% | 8h | 33.813 | −0.050% | $14.7M | $170.7M | 25x | as long as short |
| OKX SOXS-USDT-SWAPlong | 0.0000% | 8h | 33.830 | long leg | $2.5M | $15.8M | 25x | |
| MEXC SOXS_USDT | 0.0000% | 8h | 33.810 | −0.059% | $9.8M | $11.9M | 50x | as long as short |
| Bitget SOXSUSDT | 0.0000% | 8h | 33.857 | +0.080% | $5.8M | $16.3M | 20x | as long as short |
| Variational Omni SOXS | 0.0000% | 8h | 33.790 | −0.119% | $292K | $520K | — | as long as short |
| SunX SOXS-USDT | 0.0000% | 8h | 33.800 | −0.089% | — | $4.6M | 10x | as long as short |
| HTX SOXS-USDT | 0.0000% | 8h | 33.880 | +0.148% | $11K | $22K | 10x | as long as short |
Kraken Futures PF_SOXSUSD
Gate SOXS_USDT
Binance SOXSUSDT
MEXC SOXS_USDT
Bitget SOXSUSDT
Variational Omni SOXS
SunX SOXS-USDT
HTX SOXS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXSUSDT | 0.0000% | 8h | 33.800 | −0.089% | $1.2M | $1.9M | 20x | as long as short |
| Bybit SOXSUSDT | +0.0007% | 8h | 33.800 | −0.089% | $3.9M | $10.4M | 50x | as long as short |
| BloFin SOXS-USDT | +0.0013% | 8h | 33.830 | 0.000% | $167K | $54K | 25x | as long as short |
| Lighter SOXS | +0.0032% | 1h | 33.750 | −0.236% | — | — | 10x | as long as short |
| KuCoin SOXSUSDTM | +0.0100% | 8h | 33.820 | −0.030% | $736K | $2.2M | 10x | as long as short |
Phemex SOXSUSDT
Bybit SOXSUSDT
BloFin SOXS-USDT
Lighter SOXS
KuCoin SOXSUSDTM