Question 1

Which exchange has the highest SOXS funding rate right now?

Accepted Answer

KuCoin shows the highest SOXS funding at +10.96% annualized. A high positive rate means shorts get paid, so this is the venue to short SOXS when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long SOXS for funding?

Accepted Answer

WEEX has the lowest SOXS funding at -7.43% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best SOXS funding-arbitrage pair?

Accepted Answer

The widest spread is long WEEX / short KuCoin at about 18.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does SOXS funding settle?

Accepted Answer

SOXS funding settles on different schedules by venue (1h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is SOXS funding positive or negative?

Accepted Answer

SOXS funding is mixed across venues, ranging -7.43% to +10.96% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current SOXS perpetual swap funding rate?

Accepted Answer

The current SOXS perpetual swap funding rate ranges from -7.43% to +10.96% annualized depending on the exchange — WEEX is lowest and KuCoin is highest right now. There is no single SOXS funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated SOXS funding rate across exchanges?

Accepted Answer

Aggregated across the 15 venues ORBIT tracks, SOXS funding currently spans -7.43% to +10.96% APR, a spread of 18.4 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the SOXS 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle SOXS every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
KuCoinBest Short	+10.96%	8h	$703K	$33.97
Hotcoin	+10.96%	8h	$3.7M	$33.98
TxFlow	+10.96%	1h	$9K	$33.98
OKX	+5.14%	8h	$3.5M	$34.04
BloFin	+2.96%	8h	$220K	$34.02
Bitunix	+1.57%	8h	—	$34
Bybit	+0.00%	8h	$3.4M	$34.02
HTX	+0.00%	8h	$10K	$33.985
MEXC	+0.00%	8h	$13.8M	$33.95
Variational	+0.00%	8h	$513K	$34.0308
BitMart	+0.00%	8h	$426K	$34.01
Toobit	+0.00%	8h	$88K	$33.95
CoinW	+0.00%	8h	—	$34.03
LBank	+0.00%	8h	—	$34.03
WEEXBest Long	-7.43%	8h	$1.1M	$33.948

SOXS Perpetual Swap Funding Rate by Exchange

Funding Rates by Exchange

Funding Rates by Exchange

SOXS funding rates explained

Frequently asked questions