Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.88 per $10,000 · paid last 24h −0.005%
Price spread now: SunX against Binance+0.018%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.018%, 7d avg +0.055%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 145.35 | 0.0088 | pay 0.0088% / 8h | 5h 30m | $169.5M | $1.23B | 50x |
| Short | SunX SOXL-USDT | 145.38 | 0 | get 0.0000% / 8h | 5h 30m | $1K | $4.3M | 10x |
Binance SOXLUSDT
SunX SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$18.48
- Price spread: +0.018% → +0.055%
- −$3.66
- Slippage, 4 orders
- −$58.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$98.48
- Costs to cover
- 0.763%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; SunX: live order book, 8 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, 13 min ago | 0.34 bp | 5.3 bp −$5 | 7.0 bp −$70 | 18.4 bp −$1,839 | 80.9 bp −$40.5K |
| Sell SunX live order book, 8 min ago | 28.51 bp | 32.5 bp −$33 | 62.3 bp −$623 | doesn't fit | 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 | 145.45 | +0.069% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.35 | −0.002% | $52.1M | $184.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.27 | −0.057% | $24.8M | $192.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.30 | −0.037% | $27.2M | $42.5M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.25 | −0.071% | $60.3M | $111.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.49 | +0.092% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDTshort | 0.0000% | 8h | 145.38 | +0.018% | $1K | $4.3M | 10x | |
| HTX SOXL-USDT | 0.0000% | 8h | 145.47 | +0.080% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.45 | +0.066% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.30 | −0.037% | $269K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.33 | −0.019% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.29 | −0.044% | $812K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.45 | +0.066% | $359K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0050% | 8h | 145.40 | +0.029% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.38 | +0.018% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.44 | +0.060% | $207K | $598K | 10x | as long as short |
| Extended SOXL-USD | +0.0088% | 1h | 145.26 | −0.065% | $24K | $244K | 10x | as long as short |
| Binance SOXLUSDTlong | +0.0088% | 8h | 145.35 | long leg | $169.5M | $1.23B | 50x | |
| MEXC SOXL_USDT | +0.0089% | 8h | 145.35 | −0.002% | $15.3M | $49.0M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0097% | 8h | 145.41 | +0.039% | $1.2M | $480K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.43 | +0.053% | $7.0M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.34 | −0.009% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.44 | +0.060% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.45 | +0.063% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.23 | −0.085% | $817K | $2.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0163% | 1h | 145.48 | +0.087% | $116K | $277K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0249% | 1h | 145.55 | +0.135% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0707% | 4h | 145.44 | +0.062% | $181K | $326K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
MEXC SOXL_USDT
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC