Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.29 per $10,000 · paid last 24h +0.111%
Price spread now: BloFin against Bitget−0.069%95s7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$280.277% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.069%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.135% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.066%). Swap the legs. The two prices were read 95 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 | Bitget SOXLUSDT | 144.72 | 0 | get 0.0000% / 8h | 21m 44s | $60.4M | $109.0M | 20x |
| Short | BloFin SOXL-USDT | 144.62 | −0.0029 | pay 0.0029% / 8h | 21m 44s | $1.2M | $489K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$6.04
- Price spread: −0.069% → +0.066%
- −$13.49
- Slippage, 4 orders
- −$3.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.22
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 0.69 bp | 7.3 bp −$7 | 11.4 bp −$114 | 28.5 bp −$2,849 | 44.2 bp −$22.1K |
| Sell BloFin live order book, 1 min ago | 0.34 bp | 6.3 bp −$6 | 8.8 bp −$88 | 16.8 bp −$1,679 | 37.3 bp −$18.6K |
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-USDTshort | −0.0029% | 8h | 144.62 | −0.069% | $1.2M | $489K | 50x | |
| Kraken Futures PF_SOXLUSD | −0.0023% | 1h | 144.59 | −0.088% | $90K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.58 | −0.097% | $217K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 144.72 | +0.002% | $27K | $338K | 10x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.73 | +0.007% | $25.6M | $184.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.68 | −0.028% | $27.3M | $39.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 144.74 | +0.014% | $14.5M | $46.5M | 200x | as long as short |
| Bitget SOXLUSDTlong | 0.0000% | 8h | 144.72 | long leg | $60.4M | $109.0M | 20x | |
| Variational Omni SOXL | 0.0000% | 8h | 144.59 | −0.091% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.60 | −0.080% | $71K | $164K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 144.65 | −0.048% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.68 | −0.028% | $200K | $546K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.74 | +0.014% | $2.5M | $1.2M | 10x | as long as short |
| Binance SOXLUSDT | +0.0002% | 8h | 144.74 | +0.014% | $172.3M | $1.19B | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.61 | −0.076% | $308K | $258K | 30x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.72 | 0.000% | $344K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.47 | −0.173% | $238K | $914K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.62 | −0.069% | $6.9M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.65 | −0.048% | $38K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.66 | −0.041% | $1K | $5K | 20x | as long as short |
| Bybit SOXLUSDT | +0.0100% | 8h | 144.76 | +0.028% | $51.7M | $177.9M | 100x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.65 | −0.046% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 144.50 | −0.152% | $963K | $2.3M | 10x | as long as short |
| Lighter SOXL | +0.0184% | 1h | 144.68 | −0.028% | $802K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0203% | 1h | 144.66 | −0.041% | $26.2M | $22.0M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0578% | 1h | 144.81 | +0.062% | $5K | $265K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0850% | 4h | 144.64 | −0.058% | $180K | $322K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.1134% | 1h | 144.72 | 0.000% | $118K | $296K | 10x | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Binance SOXLUSDT
Lighter RH SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTX
Lighter SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL