Funding you earn now, next payment 08:00 UTC+0.0632%/8h= +69.2% APRnext payment +$6.32 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Bitget−0.128%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days−0.373%−$37 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.128%, 7d avg +0.025%
=Funding pays, the price is against you. OKX is 0.153% cheaper against Bitget than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.025%). If the spread goes back, that is −$15 on $10k: about 19 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.373%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.373% in total (about -19.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOXLUSDT | 140.83 | −0.0632 | get 0.0632% / 8h | 3h 24m | $58.7M | $119.5M | 20x |
| Short | OKX SOXL-USDT-SWAP | 140.65 | 0 | get 0.0000% / 8h | 3h 24m | $24.4M | $200.8M | 20x |
Bitget SOXLUSDT
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $132.72
- Price spread: −0.128% → +0.025%
- −$15.33
- Slippage, 4 orders
- −$3.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $91.72
- Costs to cover
- 0.257%
- Break-even
- 2.2 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 1.05 bp | 7.5 bp −$7 | 12.4 bp −$124 | 28.8 bp −$2,877 | 43.1 bp −$21.5K |
| Sell OKX live order book, 5 min ago | 0.35 bp | 5.4 bp −$5 | 7.1 bp −$71 | 34.2 bp −$3,415 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDTlong | −0.0632% | 8h | 140.83 | long leg | $58.7M | $119.5M | 20x | |
| BloFin SOXL-USDT | −0.0018% | 8h | 141.17 | +0.241% | $1.2M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.90 | +0.046% | $214K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.60 | −0.161% | $33K | $255K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.68 | −0.104% | $163.5M | $1.30B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.66 | −0.121% | $47.5M | $204.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAPshort | 0.0000% | 8h | 140.65 | −0.128% | $24.4M | $200.8M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 140.70 | −0.092% | $26.0M | $44.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.71 | −0.085% | $15.5M | $50.6M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.33 | +0.354% | $2.2M | $4.9M | — | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.37 | +1.092% | $67K | $182K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.89 | +0.043% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.28 | +0.320% | $153K | $727K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.24 | +0.291% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 141.05 | +0.156% | $260K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.09 | +0.185% | $692K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.15 | +0.227% | $265K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.68 | −0.107% | $24.8M | $23.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 142.52 | +1.200% | $208K | $506K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 140.74 | −0.063% | $83K | $290K | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.86 | +0.021% | $6.7M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.62 | +0.561% | $37K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.79 | −0.028% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.79 | −0.025% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 141.07 | +0.170% | $872K | $2.8M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0177% | 1h | 140.57 | −0.185% | $109K | $333K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0322% | 4h | 141.88 | +0.742% | $177K | $328K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0339% | 1h | 140.85 | +0.014% | $3K | $268K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC
Polymarket Perps SOXL-USD