Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.040%
Price spread now: GRVT against Bitget+0.180%103s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$350.355% of the position
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.180%, 7d avg +0.037%
=Together, before fees−0.315%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.143% dearer against Bitget than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.037%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.359% in total) that is about 2.8 days. The two prices were read 103 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 | 145.41 | 0.0046 | pay 0.0046% / 8h | 6h 21m | $60.4M | $113.0M | 20x |
| Short | GRVT SOXL_USDT_Perp | 145.67 | 0 | get 0.0000% / 8h | 6h 21m | $72K | $174K | 10x |
Bitget SOXLUSDT
GRVT SOXL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$9.66
- Price spread: +0.180% → +0.037%
- $14.29
- Slippage, 4 orders
- −$14.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$30.86
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 45 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 | 0.34 bp | 7.4 bp −$7 | 11.5 bp −$115 | 32.2 bp −$3,223 | 48.7 bp −$24.4K |
| Sell GRVT live order book, 45 min ago | 5.79 bp | 10.3 bp −$10 | 14.9 bp −$149 | 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 | 145.43 | +0.016% | $245K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.38 | −0.021% | $51.8M | $186.6M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.47 | +0.041% | $27.3M | $41.8M | 50x | as long as short |
| GRVT SOXL_USDT_Perpshort | 0.0000% | 8h | 145.67 | +0.180% | $72K | $174K | 10x | |
| SunX SOXL-USDT | 0.0000% | 8h | 145.74 | +0.227% | $2K | $4.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.52 | +0.076% | $118K | $278K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.51 | +0.069% | $184K | $575K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.41 | 0.000% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.57 | +0.110% | $269K | $271K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.33 | −0.055% | $813K | $2.5M | 20x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter SOXLShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SOXL | +0.0032% | 1h | 145.39 | −0.014% | $348K | $1.8M | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0044% | 8h | 145.31 | −0.069% | $24.7M | $192.6M | 20x | as long as short |
| Bitget SOXLUSDTlong | +0.0046% | 8h | 145.41 | long leg | $60.4M | $113.0M | 20x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.32 | −0.062% | $25.4M | $22.7M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.55 | +0.096% | $207K | $644K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.39 | −0.014% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.67 | +0.179% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.60 | +0.131% | $1K | $5K | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0104% | 1h | 145.82 | +0.282% | $3K | $269K | 10x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.55 | +0.099% | $6K | — | 10x | as long as short |
| Variational Omni SOXL | +0.0144% | 8h | 145.96 | +0.379% | $2.4M | $4.9M | — | as long as short |
| edgeX SOXLUSDC | +0.0156% | 4h | 145.60 | +0.133% | $181K | $323K | 10x | as long as short |
| Binance SOXLUSDT | +0.0180% | 8h | 145.35 | −0.039% | $170.0M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0181% | 8h | 145.32 | −0.062% | $15.5M | $48.3M | 200x | as long as short |
| Extended SOXL-USD | +0.0184% | 1h | 145.39 | −0.016% | $25K | $245K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 145.64 | +0.158% | $806K | $2.5M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0413% | 1h | 145.42 | +0.010% | $88K | $304K | 20x | as long as short |
Lighter RH SOXL
OKX SOXL-USDT-SWAP
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Polymarket Perps SOXL-USD
Aevo SOXL-PERP
Variational Omni SOXL
edgeX SOXLUSDC
Binance SOXLUSDT
MEXC SOXL_USDT
Extended SOXL-USD
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD