Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.182%

Price spread now: Bitget against SunX+0.006%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$225as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1641.641% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.606%−$61 on $10k

Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.006%, 7d avg +0.055%

Together, before fees−0.597%−$60 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: Bitget is 0.050% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOXS-USDT	34.780	0	get 0.0000% / 8h	45m 23s	—	$4.8M	10x
Short	Bitget SOXSUSDT	34.782	0	get 0.0000% / 8h	45m 23s	$4.9M	$15.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.006%Rate

Funding earned: $0
Price spread: +0.006% → +0.055%: −$4.97
Slippage, 4 orders: −$144.1
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$169.07
Costs to cover: 1.641%
Break-even: never at this rate

Slippage from SunX: live order book, 3 min ago; Bitget: 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 SunX live order book, 3 min ago	47.42 bp	71.0 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.72 bp	10.4 bp −$10	23.0 bp −$230	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	−0.0676%	4h	34.813	+0.096%	$38K	$184K	10x	as long as short
Kraken Futures PF_SOXSUSD	−0.0298%	1h	34.715	−0.188%	$8K	$31K	20x	as long as short
BloFin SOXS-USDT	−0.0011%	8h	34.770	−0.029%	$162K	$56K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.758	−0.062%	$12.9M	$163.9M	25x	as long as short
Bybit SOXSUSDT	0.0000%	8h	34.770	−0.029%	$3.9M	$9.9M	50x	as long as short
OKX SOXS-USDT-SWAP	0.0000%	8h	34.790	+0.029%	$2.5M	$14.7M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.760	−0.058%	$2.0M	$8.6M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.760	−0.058%	$12.9M	$10.7M	50x	as long as short
Bitget SOXSUSDTshort	0.0000%	8h	34.782	+0.006%	$4.9M	$15.1M	20x
Variational Omni SOXS	0.0000%	8h	34.761	−0.056%	$293K	$317K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXS-USDTlong	0.0000%	8h	34.780	long leg	—	$4.8M	10x
HTX SOXS-USDT	0.0000%	8h	34.840	+0.173%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.790	+0.029%	$1.2M	$1.9M	20x	as long as short
Lighter SOXS	+0.0032%	1h	34.740	−0.115%	—	—	10x	as long as short
KuCoin SOXSUSDTM	+0.0100%	8h	34.750	−0.086%	$730K	$2.2M	10x	as long as short