Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.018%
Price spread now: Bybit against ApeX Omni+0.158%99s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as 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−$860.857% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.158%, 7d avg +0.047%
=The price spread pays, funding is against you. Bybit is 0.111% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.047%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 99 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 | ApeX Omni SOXLUSDT | 145.82 | 0.0100 | pay 0.0013% / 1h | 5m 49s | $38K | $143K | 50x |
| Short | Bybit SOXLUSDT | 146.05 | 0 | get 0.0000% / 8h | 5h 05m | $52.3M | $185.3M | 100x |
ApeX Omni SOXLUSDT
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.158% → +0.047%
- $11.11
- Slippage, 4 orders
- −$64.68
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.57
- Costs to cover
- 0.857%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 55 min ago; Bybit: 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 ApeX Omni live order book, 55 min ago | 23.85 bp | 34.0 bp −$34 | 205.9 bp −$2,059 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.34 bp | 6.9 bp −$7 | 10.4 bp −$104 | 73.5 bp −$7,354 | doesn't fit |
SOXL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.96 | +0.099% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDTshort | 0.0000% | 8h | 146.05 | +0.158% | $52.3M | $185.3M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.01 | +0.130% | $25.0M | $195.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.01 | +0.130% | $27.4M | $42.9M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.99 | +0.117% | $60.5M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.88 | +0.042% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.02 | +0.137% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 146.02 | +0.137% | $184K | $577K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.07 | +0.171% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.96 | +0.096% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0017% | 8h | 145.98 | +0.107% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.83 | +0.007% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.99 | +0.117% | $739K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.00 | +0.123% | $277K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.95 | +0.089% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.79 | −0.021% | $208K | $564K | 10x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 145.99 | +0.113% | $26K | $250K | 10x | as long as short |
| Binance SOXLUSDT | +0.0065% | 8h | 146.03 | +0.141% | $171.1M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0066% | 8h | 146.02 | +0.137% | $14.6M | $49.3M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0096% | 8h | 145.90 | +0.055% | $1.2M | $480K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.98 | +0.110% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDTlong | +0.0100% | 1h | 145.82 | long leg | $38K | $143K | 50x | |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.97 | +0.103% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.93 | +0.077% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.96 | +0.096% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0292% | 1h | 146.07 | +0.171% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0298% | 1h | 145.98 | +0.110% | $116K | $281K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0450% | 4h | 145.87 | +0.035% | $182K | $325K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
BloFin SOXL-USDT
KuCoin SOXLUSDTM
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC