Funding you earn now, next payment 03:00 UTC+0.0175%/8h= +19.2% APRpaid last 24h +0.055%
Price spread now: Polymarket Perps against Binance+0.036%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 5 days (all we have)+0.071%+$7 on $10k
+Price spread, last 2 days (all we have)+0.036%+$4 · spread now +0.036%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Polymarket Perps is 0.025% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 145.27 | 0.0123 | pay 0.0123% / 8h | 5h 55m | $169.6M | $1.23B | 50x |
| Short | Polymarket Perps SOXL-USD | 145.32 | 0.0298 | get 0.0037% / 1h | 55m 11s | $3K | $269K | 10x |
Binance SOXLUSDT
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $36.76
- Price spread: +0.036% → +0.011%
- $2.53
- Slippage, 4 orders
- −$9.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $12.04
- Costs to cover
- 0.273%
- Break-even
- 4.7 days
Slippage from Binance: live order book, 4 min ago; Polymarket Perps: live order book, 7 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, 4 min ago | 0.34 bp | 5.9 bp −$6 | 7.3 bp −$73 | 17.6 bp −$1,760 | 82.3 bp −$41.1K |
| Sell Polymarket Perps live order book, 7 min ago | 3.10 bp | 8.2 bp −$8 | 9.5 bp −$95 | doesn't fit | doesn't fit |
SOXL on 27 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 | 145.14 | −0.086% | $247K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.35 | +0.057% | $52.1M | $185.2M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.21 | −0.040% | $27.2M | $42.2M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.23 | −0.026% | $60.2M | $112.2M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.08 | −0.128% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.31 | +0.029% | $1K | $4.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.22 | −0.033% | $118K | $283K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.15 | −0.081% | $184K | $578K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.31 | +0.029% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.25 | −0.012% | $269K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.15 | −0.084% | $88K | $304K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0018% | 8h | 145.28 | +0.009% | $24.7M | $191.8M | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.27 | +0.002% | $812K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.26 | −0.005% | $359K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.17 | −0.067% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.07 | −0.136% | $207K | $619K | 10x | as long as short |
| Variational Omni SOXL | +0.0080% | 8h | 145.15 | −0.080% | $2.4M | $4.8M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.19 | −0.053% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.03 | −0.164% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.20 | −0.047% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.18 | −0.061% | $6K | — | 10x | as long as short |
| Extended SOXL-USD | +0.0120% | 1h | 145.21 | −0.042% | $25K | $241K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0122% | 8h | 145.27 | +0.002% | $15.6M | $48.7M | 200x | as long as short |
| Binance SOXLUSDTlong | +0.0123% | 8h | 145.27 | long leg | $169.6M | $1.23B | 50x | |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.29 | +0.015% | $804K | $2.5M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0298% | 1h | 145.32 | +0.036% | $3K | $269K | 10x | |
| edgeX SOXLUSDC | +0.0508% | 4h | 145.04 | −0.160% | $181K | $323K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
OKX SOXL-USDT-SWAP
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Variational Omni SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Extended SOXL-USD
MEXC SOXL_USDT
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC