SOXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$2.40 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.029%54s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$269as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2472.467% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.227%−$23 on $10k

Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.029%, 7d avg +0.008%

Together, before fees−0.463%−$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.008%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.227%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SOXS-USDT	34.210	0	get 0.0000% / 8h	5h 25m	—	$4.4M	10x
Short	KuCoin SOXSUSDTM	34.200	0.0240	get 0.0240% / 8h	5h 25m	$724K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.029%Rate

Funding earned: $50.4
Price spread: −0.029% → +0.008%: −$3.75
Slippage, 4 orders: −$226.68
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$200.04
Costs to cover: 2.467%
Break-even: 34.8 days

Slippage from SunX: live order book, 3 min ago; KuCoin: live order book, 1 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	48.24 bp	74.2 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	1.46 bp	27.3 bp −$27	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	−0.0152%	4h	34.210	−0.001%	$37K	$179K	10x	as long as short
Bitget SOXSUSDT	−0.0136%	8h	34.243	+0.096%	$6.0M	$16.5M	20x	as long as short
BloFin SOXS-USDT	−0.0028%	8h	34.200	−0.029%	$192K	$55K	25x	as long as short
Binance SOXSUSDT	0.0000%	8h	34.230	+0.059%	$15.9M	$172.8M	25x	as long as short
Gate SOXS_USDT	0.0000%	8h	34.230	+0.058%	$2.2M	$10.3M	25x	as long as short
MEXC SOXS_USDT	0.0000%	8h	34.230	+0.058%	$10.1M	$12.5M	50x	as long as short
Variational Omni SOXS	0.0000%	8h	34.198	−0.035%	$431K	$620K	—	as long as short
SunX SOXS-USDTlong	0.0000%	8h	34.210	long leg	—	$4.4M	10x
HTX SOXS-USDT	0.0000%	8h	34.280	+0.205%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	34.200	−0.029%	$1.2M	$1.9M	20x	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	34.170	−0.117%	—	—	10x	as long as short
Bybit SOXSUSDT	+0.0171%	8h	34.230	+0.058%	$4.2M	$10.4M	50x	as long as short
KuCoin SOXSUSDTMshort	+0.0240%	8h	34.200	−0.029%	$724K	$2.4M	10x
OKX SOXS-USDT-SWAP	+0.0275%	8h	34.260	+0.146%	$3.1M	$17.2M	25x	as long as short
Kraken Futures PF_SOXSUSD	+0.1158%	1h	34.185	−0.073%	$8K	$31K	20x	as long as short