Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: Phemex against Bitget+0.007%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
Funding, last 7 days−0.599%−$60 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.007%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.045% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOXLUSDT | 145.41 | 0 | get 0.0000% / 8h | 4h 20m | $60.3M | $113.0M | 20x |
| Short | Phemex SOXLUSDT | 145.42 | 0 | get 0.0000% / 8h | 4h 20m | $2.5M | $1.2M | 10x |
Bitget SOXLUSDT
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.007% → +0.051%
- −$4.46
- Slippage, 4 orders
- −$83.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$112.26
- Costs to cover
- 1.078%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Phemex: live order book, 3 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, 4 min ago | 0.34 bp | 7.8 bp −$8 | 12.4 bp −$124 | 34.5 bp −$3,451 | 48.0 bp −$24.0K |
| Sell Phemex live order book, 3 min ago | 0.69 bp | 51.0 bp −$51 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0116% | 1h | 145.46 | +0.031% | $88K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.43 | +0.014% | $232K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 145.39 | −0.015% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 145.42 | +0.006% | $170.2M | $1.24B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.42 | +0.007% | $51.4M | $187.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.40 | −0.007% | $24.6M | $196.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.41 | 0.000% | $27.3M | $43.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 145.43 | +0.014% | $15.1M | $49.5M | 200x | as long as short |
| Bitget SOXLUSDTlong | 0.0000% | 8h | 145.41 | long leg | $60.3M | $113.0M | 20x | |
| Variational Omni SOXL | 0.0000% | 8h | 145.50 | +0.061% | $2.4M | $4.7M | — | as long as short |
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
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 | 145.64 | +0.158% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.51 | +0.069% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.61 | +0.138% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 145.42 | +0.007% | $2.5M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0014% | 8h | 145.44 | +0.021% | $1.2M | $477K | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.41 | 0.000% | $269K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.42 | +0.007% | $729K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.39 | −0.014% | $276K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.39 | −0.014% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.41 | 0.000% | $207K | $490K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0094% | 1h | 145.44 | +0.021% | $115K | $289K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.47 | +0.041% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.34 | −0.048% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.43 | +0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.42 | +0.007% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.33 | −0.055% | $905K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0169% | 1h | 145.65 | +0.165% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0979% | 4h | 145.47 | +0.041% | $181K | $327K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC