Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: tradeXYZ against Binance−0.019%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.019%, 7d avg −0.076%
=Together, before fees−0.116%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.057% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.076%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 142.61 | 0 | get 0.0000% / 8h | 3h 40m | $165.7M | $1.27B | 50x |
| Short | tradeXYZ xyz:SOXL | 142.58 | 0.0050 | get 0.0006% / 1h | 40m 43s | $25.0M | $22.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.019% → −0.076%
- $5.75
- Slippage, 4 orders
- −$3.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$15.7
- Costs to cover
- 0.319%
- Break-even
- 17.5 days
Slippage from Binance: live order book, 3 min ago; tradeXYZ: 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, 3 min ago | 0.35 bp | 6.0 bp −$6 | 7.5 bp −$75 | 20.7 bp −$2,072 | 87.4 bp −$43.7K |
| Sell tradeXYZ live order book, 8 min ago | 0.35 bp | 10.6 bp −$11 | 15.0 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0010% | 8h | 142.74 | +0.094% | $1.2M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 142.64 | +0.023% | $229K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.58 | −0.015% | $32K | $270K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 142.61 | long leg | $165.7M | $1.27B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.62 | +0.009% | $47.2M | $196.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.64 | +0.023% | $24.0M | $198.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.67 | +0.044% | $26.4M | $43.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.59 | −0.012% | $14.8M | $49.8M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 142.63 | +0.016% | $59.0M | $115.9M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.164% | $2.2M | $4.8M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.54 | +0.654% | $68K | $180K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 142.90 | +0.206% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 143.19 | +0.409% | $180K | $576K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.81 | +0.143% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 142.95 | +0.241% | $264K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 142.57 | −0.026% | $703K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 142.52 | −0.061% | $268K | $1.8M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0050% | 1h | 142.88 | +0.189% | $87K | $286K | 20x | as long as short |
| tradeXYZ xyz:SOXLshort | +0.0050% | 1h | 142.58 | −0.019% | $25.0M | $22.9M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.09 | +0.339% | $200K | $487K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.59 | −0.012% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.38 | +0.542% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 142.78 | +0.122% | $1K | $5K | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0100% | 1h | 142.73 | +0.087% | $111K | $316K | 10x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.79 | +0.130% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 142.97 | +0.255% | $759K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0177% | 1h | 142.92 | +0.220% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0187% | 4h | 143.42 | +0.569% | $179K | $327K | 10x | as long as short |
Binance SOXLUSDT
tradeXYZ xyz:SOXL
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC