Funding you earn now, next payment 16:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against Binance−0.084%91s7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$260.261% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.084%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.140% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you. The two prices were read 91 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 | Binance SOXLUSDT | 142.27 | 0 | get 0.0000% / 8h | 5h 49m | $162.8M | $1.65B | 50x |
| Short | BloFin SOXL-USDT | 142.15 | −0.0023 | pay 0.0023% / 8h | 5h 49m | $1.3M | $509K | 50x |
Binance SOXLUSDT
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.82
- Price spread: −0.084% → +0.057%
- −$14.03
- Slippage, 4 orders
- −$4.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.97
- Costs to cover
- 0.261%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: 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 Binance live order book, 3 min ago | 0.35 bp | 5.4 bp −$5 | 5.4 bp −$54 | 13.0 bp −$1,300 | 62.3 bp −$31.1K |
| Sell BloFin live order book, 1 min ago | 1.41 bp | 7.4 bp −$7 | 7.4 bp −$74 | 11.9 bp −$1,193 | 47.3 bp −$23.6K |
SOXL on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOXL_USDC-PERPETUAL | −0.0524% | 1h | 142.08 | −0.133% | $115K | $382K | 10x | as long as short |
| Bitget SOXLUSDT | −0.0447% | 8h | 142.35 | +0.057% | $59.2M | $161.9M | 20x | as long as short |
| BloFin SOXL-USDTshort | −0.0023% | 8h | 142.15 | −0.084% | $1.3M | $509K | 50x | |
| Aster SOXLUSDT | 0.0000% | 8h | 142.31 | +0.027% | $181K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.22 | −0.032% | $41K | $445K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 142.27 | long leg | $162.8M | $1.65B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.33 | +0.043% | $45.9M | $230.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.30 | +0.022% | $25.6M | $261.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.32 | +0.036% | $28.5M | $59.5M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.27 | +0.001% | $19.3M | $60.5M | 200x | as long as short |
Deribit SOXL_USDC-PERPETUAL
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 142.12 | −0.106% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.64 | −0.442% | $66K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 142.14 | −0.091% | $1K | $3.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.21 | −0.042% | $90K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.23 | −0.027% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 142.28 | +0.008% | $263K | $257K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 142.28 | +0.008% | $681K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 142.20 | −0.049% | $273K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.23 | −0.027% | $22.2M | $33.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 142.07 | −0.140% | $9K | $289K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 142.10 | −0.119% | $215K | $400K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.30 | +0.022% | $6.5M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.72 | −0.386% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 142.24 | −0.020% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.23 | −0.026% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 142.17 | −0.070% | $850K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0510% | 1h | 141.73 | −0.378% | $88K | $380K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0839% | 4h | 142.03 | −0.171% | $177K | $334K | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC