SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.016%

Price spread now: Binance against Phemex−0.060%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$890.885% of the position

Long on Phemex Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.244%−$24 on $10k

Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.060%, 7d avg +0.054%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.115% cheaper against Phemex than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.054%). If the spread goes back, that is −$11 on $10k: about 2.4 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.244%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SOXSUSDT	35.920	0	get 0.0000% / 8h	1h 40m	$1.3M	$1.9M	20x
Short	Binance SOXSUSDT	35.898	0.0158	get 0.0158% / 8h	1h 40m	$15.4M	$194.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Phemex. 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 PhemexbpFee BinancebpOrdersPrice spread, now −0.060%Rate

Funding earned: $33.09
Price spread: −0.060% → +0.054%: −$11.49
Slippage, 4 orders: −$66.5
Fee Phemex: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.9
Costs to cover: 0.885%
Break-even: 21.2 days

Slippage from Phemex: live order book, 3 min ago; Binance: live order book, 3 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 Phemex live order book, 3 min ago	2.78 bp	37.5 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 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	−0.0703%	4h	35.934	+0.038%	$39K	$177K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0028%	1h	35.926	+0.016%	$8K	$32K	20x	as long as short
Bybit SOXSUSDT	0.0000%	8h	35.920	0.000%	$4.2M	$11.4M	50x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.910	−0.028%	$2.2M	$11.8M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.920	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.880	−0.111%	$11K	$24K	10x	as long as short
Phemex SOXSUSDTlong	0.0000%	8h	35.920	long leg	$1.3M	$1.9M	20x
Lighter SOXS	+0.0032%	1h	35.880	−0.111%	—	—	10x	as long as short
Variational Omni SOXS	+0.0118%	8h	35.929	+0.024%	$464K	$717K	—	as long as short
BloFin SOXS-USDT	+0.0151%	8h	35.920	0.000%	$187K	$62K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SOXS_USDT	+0.0157%	8h	35.880	−0.111%	$12.1M	$14.0M	50x	as long as short
Binance SOXSUSDTshort	+0.0158%	8h	35.898	−0.060%	$15.4M	$194.2M	25x
OKX SOXS-USDT-SWAP	+0.0164%	8h	35.920	0.000%	$3.0M	$20.8M	25x	as long as short
KuCoin SOXSUSDTM	+0.0233%	8h	35.910	−0.028%	$697K	$2.7M	10x	as long as short
Bitget SOXSUSDT	+0.2257%	8h	35.827	−0.259%	$6.0M	$19.3M	20x	as long as short