SOFTBANK funding rates and arbitrage
Updated 2026-10-29 17:14 UTC
Best SOFTBANK arbitrage after every cost
No SOFTBANK pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SOFTBANK funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| MEXC | SOFTBANKSTOCK_USDT | 0.0000% | 8 h | 0.0% | −13.0% | $468.7K | 2026-10-30 00:00 |
| OKX | SOFTBANK-USDT-SWAP | 0.0000% | 8 h | 0.0% | −2.7% | $168.1K | 2026-10-30 00:00 |
| Bitget | SOFTBANKUSDT | 0.0000% | 8 h | 0.0% | −13.0% | $190K | 2026-10-30 00:00 |
| LBank | SOFTBANKUSDT | 0.0000% | 8 h | 0.0% | — | — | 2026-10-30 00:00 |
| HTX | SOFTBANK-USDT | 0.0000% | 1 h | 0.0% | −0.8% | $5.8K | 2026-10-29 18:00 |
| QFEX | SOFTBANK-JPY | 0.0000% | 1 h | 0.0% | — | $1.5M | 2026-10-29 18:00 |
| Gate | SOFTBANK_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $87.6K | 2026-10-30 00:00 |
| Hyperliquid | xyz:SOFTBANK | -0.0066% | 1 h | −57.6% | +12.8% | $1.7M | 2026-10-29 18:00 |
| PopDEX | SOFTBANKUSDT | -0.0219% | 1 h | −192.2% | +76.6% | — | 2026-10-29 18:00 |
Cost to enter $10,000 of SOFTBANK
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bitget | SOFTBANKUSDT | 7.0 bp | top of book only |
| OKX | SOFTBANK-USDT-SWAP | 10.0 bp * | top of book only |
| MEXC | SOFTBANKSTOCK_USDT | 21.2 bp | top of book only |
| Hyperliquid | xyz:SOFTBANK | 37.1 bp | top of book only |
| HTX | SOFTBANK-USDT | 65.4 bp * | top of book only |
| Gate | SOFTBANK_USDT | 78.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is SOFTBANK funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SOFTBANK pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SOFTBANK funding rate?
MEXC at 0.0% a year (0.0000% every 8 h); the lowest is PopDEX at −192.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.