Funding you earn now, next payment 06:00 UTC+0.0422%/8h= +46.2% APRpaid last 24h +0.048%
Price spread now: Polymarket Perps against BloFin+0.043%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 6 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.043%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Polymarket Perps is 0.086% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.043%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment. 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 | BloFin SOXL-USDT | 139.66 | 0.0008 | pay 0.0008% / 8h | 2h 01m | $1.3M | $469K | 50x |
| Short | Polymarket Perps SOXL-USD | 139.72 | 0.0430 | get 0.0054% / 1h | 1m 14s | $8K | $291K | 10x |
BloFin SOXL-USDT
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- $88.58
- Price spread: +0.043% → −0.043%
- $8.55
- Slippage, 4 orders
- −$9.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $67.45
- Costs to cover
- 0.297%
- Break-even
- 1.7 days
Slippage from BloFin: live order book, 1 min ago; Polymarket Perps: live order book, 46 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 BloFin live order book, 1 min ago | 0.72 bp | 6.7 bp −$7 | 8.0 bp −$80 | 14.0 bp −$1,396 | 41.6 bp −$20.8K |
| Sell Polymarket Perps live order book, 46 min ago | 3.56 bp | 8.7 bp −$9 | 8.9 bp −$89 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.2169% | 8h | 139.71 | +0.036% | $60.2M | $136.9M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.59 | −0.050% | $198K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.61 | −0.036% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.71 | +0.036% | $164.8M | $1.44B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.70 | +0.029% | $46.5M | $227.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.67 | +0.007% | $26.6M | $224.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.63 | −0.021% | $28.0M | $49.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.69 | +0.021% | $16.2M | $54.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.24 | +0.416% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.60 | −0.040% | $64K | $202K | 10x | as long as short |
Bitget SOXLUSDT
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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 139.72 | +0.043% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.83 | +0.122% | $93K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.71 | +0.036% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDTlong | +0.0008% | 8h | 139.66 | long leg | $1.3M | $469K | 50x | |
| Lighter SOXL | +0.0032% | 1h | 139.69 | +0.021% | $691K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.64 | −0.014% | $269K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0036% | 1h | 139.66 | 0.000% | $119K | $352K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.55 | −0.079% | $21.8M | $29.6M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.23 | −0.308% | $212K | $510K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 139.54 | −0.086% | $258K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.65 | −0.007% | $6.7M | $10.8M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.61 | −0.036% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.66 | 0.000% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.59 | −0.050% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 139.69 | +0.021% | $953K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0430% | 1h | 139.72 | +0.043% | $8K | $291K | 10x | |
| edgeX SOXLUSDC | +0.0653% | 4h | 139.32 | −0.245% | $174K | $331K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0654% | 1h | 139.77 | +0.078% | $83K | $296K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Deribit SOXL_USDC-PERPETUAL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD