SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX−0.117%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$940.940% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.117%, 7d avg −0.046%

Together, before fees−0.056%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.072% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXS-USDT-SWAP	34.070	0.0335	pay 0.0335% / 8h	4h 32m	$3.1M	$17.5M	25x
Short	KuCoin SOXSUSDTM	34.030	0.0305	get 0.0305% / 8h	4h 32m	$669K	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now −0.117%Rate

Funding earned: −$6.39
Price spread: −0.117% → −0.046%: −$7.18
Slippage, 4 orders: −$72.03
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$107.6
Costs to cover: 0.940%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago	1.47 bp	9.4 bp −$9	20.5 bp −$205	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.94 bp	36.2 bp −$36	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
edgeX SOXSUSDC	−0.0503%	4h	34.029	−0.120%	$37K	$179K	10x	as long as short
Bitget SOXSUSDT	−0.0331%	8h	34.072	+0.006%	$5.9M	$16.6M	20x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.040	−0.088%	$2.1M	$10.4M	25x	as long as short
Variational Omni SOXS	0.0000%	8h	34.019	−0.150%	$429K	$616K	—	as long as short
SunX SOXS-USDT	0.0000%	8h	34.030	−0.117%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	34.040	−0.088%	$10K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.060	−0.029%	$1.2M	$1.9M	20x	as long as short
BloFin SOXS-USDT	+0.0006%	8h	34.040	−0.088%	$192K	$54K	25x	as long as short
MEXC SOXS_USDT	+0.0010%	8h	34.050	−0.059%	$10.5M	$12.9M	50x	as long as short
Binance SOXSUSDT	+0.0014%	8h	34.062	−0.025%	$15.7M	$173.6M	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SOXS	+0.0032%	1h	34.009	−0.179%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0117%	8h	34.050	−0.059%	$4.2M	$10.5M	50x	as long as short
KuCoin SOXSUSDTMshort	+0.0305%	8h	34.030	−0.117%	$669K	$2.5M	10x
OKX SOXS-USDT-SWAPlong	+0.0335%	8h	34.070	long leg	$3.1M	$17.5M	25x
Kraken Futures PF_SOXSUSD	+0.0386%	1h	33.989	−0.239%	$8K	$32K	20x	as long as short