Funding you earn now, next payment 01:00 UTC−0.0413%/8h= −45.2% APRpaid last 24h +0.018%
Price spread now: ApeX Omni against Bybit−0.554%89s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as 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−$920.919% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 3 days (all we have)+0.490%+$49 · spread now −0.554%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and ApeX Omni is 0.508% cheaper against Bybit than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.047%). Swap the legs. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% 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 | Bybit SOXLUSDT | 146.09 | 0.0513 | pay 0.0513% / 8h | 7h 49m | $52.8M | $178.9M | 100x |
| Short | ApeX Omni SOXLUSDT | 145.28 | 0.0100 | get 0.0013% / 1h | 49m 54s | $38K | $142K | 50x |
Bybit SOXLUSDT
ApeX Omni SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- −$86.78
- Price spread: −0.554% → −0.047%
- −$50.78
- Slippage, 4 orders
- −$70.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$229.5
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 21 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 Bybit live order book, 4 min ago | 0.34 bp | 8.3 bp −$8 | 14.1 bp −$141 | 82.0 bp −$8,201 | doesn't fit |
| Sell ApeX Omni live order book, 21 min ago | 25.58 bp | 37.1 bp −$37 | 207.6 bp −$2,076 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.55 | −0.367% | $214K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.82 | −0.185% | $28.2M | $38.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.90 | −0.130% | $61.7M | $109.2M | 20x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.76 | −0.226% | $1K | $4.6M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.77 | −0.219% | $2.5M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.78 | −0.212% | $345K | $1.8M | 20x | as long as short |
| Variational Omni SOXL | +0.0043% | 8h | 145.75 | −0.231% | $2.2M | $5.0M | — | as long as short |
| OKX SOXL-USDT-SWAP | +0.0056% | 8h | 146.14 | +0.034% | $25.7M | $184.6M | 20x | as long as short |
| BloFin SOXL-USDT | +0.0062% | 8h | 145.75 | −0.233% | $1.2M | $488K | 50x | as long as short |
| Lighter SOXL | +0.0064% | 1h | 145.71 | −0.260% | $810K | $2.5M | 20x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
SunX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Variational Omni SOXL
OKX SOXL-USDT-SWAP
BloFin SOXL-USDT
Lighter SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SOXL-USD | +0.0070% | 1h | 145.59 | −0.342% | $269K | $272K | 30x | as long as short |
| Extended SOXL-USD | +0.0080% | 1h | 146.05 | −0.028% | $25K | $318K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0081% | 8h | 146.15 | +0.041% | $14.2M | $46.8M | 200x | as long as short |
| Binance SOXLUSDT | +0.0084% | 8h | 145.96 | −0.091% | $175.6M | $1.19B | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.70 | −0.267% | $6.9M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDTshort | +0.0100% | 1h | 145.28 | −0.554% | $38K | $142K | 50x | |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.71 | −0.260% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.38 | −0.488% | $6K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0162% | 1h | 145.73 | −0.246% | $118K | $276K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0180% | 1h | 144.91 | −0.808% | $240K | $774K | 10x | as long as short |
| HTX SOXL-USDT | +0.0203% | 8h | 145.79 | −0.205% | $183K | $591K | 50x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 145.55 | −0.370% | $1.1M | $2.2M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0427% | 1h | 145.60 | −0.336% | $89K | $301K | 20x | as long as short |
| Bybit SOXLUSDTlong | +0.0513% | 8h | 146.09 | long leg | $52.8M | $178.9M | 100x | |
| GRVT SOXL_USDT_Perp | +0.0649% | 8h | 145.24 | −0.581% | $71K | $157K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0699% | 4h | 145.28 | −0.554% | $181K | $321K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0711% | 1h | 145.81 | −0.192% | $26.7M | $20.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.1197% | 1h | 145.87 | −0.151% | $5K | $266K | 10x | as long as short |
QFEX SOXL-USD
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
KuCoin SOXLUSDTM
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Ondo Perps SOXL-USD.P
HTX SOXL-USDT
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD