Funding you earn now, next payment 08:00 UTC−0.2378%/8h= −260.4% APRnext payment −$23.78 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against Binance+0.007%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.007%, 7d avg −0.041%
=The price spread pays, funding is against you. Bitget is 0.049% dearer against Binance than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.041%): +$5 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.320%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.320% in total (about 16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$23.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 140.22 | 0 | get 0.0000% / 8h | 2h 12m | $166.2M | $1.42B | 50x |
| Short | Bitget SOXLUSDT | 140.23 | −0.2378 | pay 0.2378% / 8h | 2h 12m | $60.3M | $135.0M | 20x |
Binance SOXLUSDT
Bitget SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$499.38
- Price spread: +0.007% → −0.041%
- $4.85
- Slippage, 4 orders
- −$5.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$521.71
- Costs to cover
- 0.272%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 2 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 Binance live order book, 2 min ago | 0.36 bp | 5.6 bp −$6 | 6.6 bp −$66 | 15.2 bp −$1,523 | 87.5 bp −$43.8K |
| Sell Bitget live order book, 2 min ago | 1.07 bp | 7.7 bp −$8 | 10.9 bp −$109 | 32.1 bp −$3,214 | 51.3 bp −$25.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDTshort | −0.2378% | 8h | 140.23 | +0.007% | $60.3M | $135.0M | 20x | |
| BloFin SOXL-USDT | −0.0026% | 8h | 139.73 | −0.349% | $1.3M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.91 | −0.222% | $199K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.25 | +0.022% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 140.22 | long leg | $166.2M | $1.42B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.27 | +0.036% | $47.2M | $224.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.30 | +0.057% | $26.5M | $221.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.16 | −0.043% | $28.1M | $48.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.19 | −0.021% | $17.2M | $54.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.83 | −0.990% | $1.9M | $5.4M | — | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.19 | −0.735% | $65K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.97 | −0.178% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.00 | −0.157% | $91K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.16 | −0.043% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.09 | −0.093% | $271K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.11 | −0.078% | $22.5M | $29.0M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.79 | −1.020% | $218K | $502K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 139.94 | −0.200% | $258K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0056% | 1h | 140.12 | −0.071% | $693K | $2.3M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.86 | −0.257% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.08 | −0.813% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.88 | −0.242% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.90 | −0.228% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0179% | 1h | 140.07 | −0.107% | $109K | $339K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 139.41 | −0.578% | $964K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0480% | 4h | 138.86 | −0.973% | $173K | $331K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0483% | 1h | 140.05 | −0.121% | $8K | $289K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0653% | 1h | 139.92 | −0.212% | $83K | $296K | 20x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD