Funding you earn now, next payment 10:00 UTC+0.0599%/8h= +65.6% APRpaid last 24h +0.186%
Price spread now: QFEX against Bitget−0.254%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.254%, 7d avg +0.008%
=Funding pays, the price is against you. QFEX is 0.263% cheaper against Bitget than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of +0.008%). If the spread goes back, that is −$26 on $10k: about 35 hours of funding at the current rate (+$18 a day).
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.004% in total (about -0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOXLUSDT | 141.46 | −0.0542 | get 0.0542% / 8h | 6h 01m | $59.0M | $160.1M | 20x |
| Short | QFEX SOXL-USD | 141.10 | 0.0057 | get 0.0007% / 1h | 1m 14s | $261K | $257K | 30x |
Bitget SOXLUSDT
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $125.85
- Price spread: −0.254% → +0.008%
- −$26.27
- Slippage, 4 orders
- −$7.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $70.34
- Costs to cover
- 0.292%
- Break-even
- 3.1 days
Slippage from Bitget: live order book, 1 min ago; QFEX: 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, 1 min ago | 1.06 bp | 8.2 bp −$8 | 15.6 bp −$156 | 39.7 bp −$3,969 | doesn't fit |
| Sell QFEX live order book, 45 min ago | 1.80 bp | 6.8 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
SOXL on 28 exchanges
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 | −0.0542% | 8h | 141.46 | long leg | $59.0M | $160.1M | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 141.30 | −0.113% | $183K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.09 | −0.261% | $54K | $401K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.30 | −0.113% | $161.9M | $1.63B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.38 | −0.057% | $46.7M | $228.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.41 | −0.035% | $26.6M | $257.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.36 | −0.071% | $29.3M | $58.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.33 | −0.092% | $15.2M | $61.7M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.60 | −0.607% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | −0.107% | $66K | $196K | 10x | as long as short |
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 141.39 | −0.049% | $1K | $3.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 141.32 | −0.099% | $114K | $385K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.05 | −0.290% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.28 | −0.127% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0021% | 8h | 141.09 | −0.262% | $1.2M | $508K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.28 | −0.127% | $679K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.28 | −0.127% | $272K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.36 | −0.071% | $22.0M | $32.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 141.11 | −0.247% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.76 | −0.495% | $220K | $376K | 10x | as long as short |
| QFEX SOXL-USDshort | +0.0057% | 1h | 141.10 | −0.254% | $261K | $257K | 30x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.26 | −0.141% | $6.5M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.79 | −0.474% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.16 | −0.212% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.12 | −0.237% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0159% | 4h | 140.81 | −0.460% | $175K | $334K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 141.38 | −0.057% | $878K | $3.3M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0957% | 1h | 141.02 | −0.314% | $87K | $379K | 20x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD