Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bybit−0.229%72s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as 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−$290.292% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.229%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.252% cheaper against Bybit than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of +0.023%). If the spread goes back, that is −$25 on $10k: about 31 days of funding at the current rate (+$1 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 139.74 | 0 | get 0.0000% / 8h | 2h 02m | $46.4M | $227.1M | 100x |
| Short | BloFin SOXL-USDT | 139.42 | 0.0027 | get 0.0027% / 8h | 2h 02m | $1.3M | $468K | 50x |
Bybit SOXLUSDT
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.72
- Price spread: −0.229% → +0.023%
- −$25.22
- Slippage, 4 orders
- −$6.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$48.69
- Costs to cover
- 0.292%
- Break-even
- 66.6 days
Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago | 0.36 bp | 6.3 bp −$6 | 10.0 bp −$100 | 72.8 bp −$7,281 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.07 bp | 7.1 bp −$7 | 8.0 bp −$80 | 15.3 bp −$1,528 | 44.7 bp −$22.3K |
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 | −0.2173% | 8h | 139.60 | −0.100% | $60.2M | $136.9M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.59 | −0.109% | $199K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.42 | −0.228% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.69 | −0.038% | $164.8M | $1.44B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 139.74 | long leg | $46.4M | $227.1M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.76 | +0.014% | $26.5M | $224.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.67 | −0.050% | $28.0M | $49.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.58 | −0.114% | $16.2M | $54.7M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.24 | +0.358% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.38 | +0.461% | $64K | $202K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance 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 | 139.37 | −0.265% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.54 | −0.143% | $93K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.48 | −0.186% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDTshort | +0.0027% | 8h | 139.42 | −0.229% | $1.3M | $468K | 50x | |
| Lighter SOXL | +0.0032% | 1h | 139.54 | −0.143% | $690K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.50 | −0.172% | $269K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0037% | 1h | 139.42 | −0.229% | $119K | $352K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.60 | −0.100% | $21.8M | $29.6M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.23 | −0.365% | $214K | $510K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 139.46 | −0.200% | $258K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.55 | −0.136% | $6.7M | $10.8M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.61 | −0.093% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.53 | −0.150% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.59 | −0.108% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 139.39 | −0.250% | $951K | $3.2M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0369% | 4h | 139.82 | +0.059% | $174K | $331K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0435% | 1h | 139.58 | −0.114% | $8K | $291K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0655% | 1h | 139.59 | −0.107% | $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
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD