SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$2.13 per $10,000 · paid last 24h −0.012%

Price spread now: GRVT against Bybit+0.368%70s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as 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−$340.340% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.368%, 7d avg −0.007%

Together, before fees−0.095%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.375% dearer against Bybit than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 70 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 -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 per $10,000. 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	144.91	0	get 0.0000% / 8h	6h 40m	$52.4M	$184.3M	100x
Short	GRVT SOXL_USDT_Perp	145.44	0.0213	get 0.0213% / 8h	6h 40m	$71K	$168K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GRVTbpOrdersPrice spread, now +0.368%Rate

Funding earned: $44.73
Price spread: +0.368% → −0.007%: $37.46
Slippage, 4 orders: −$13.95
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $48.24
Costs to cover: 0.340%
Break-even: from the start

Slippage from Bybit: live order book, 4 min ago; GRVT: live order book, 27 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	6.9 bp −$7	12.5 bp −$125	62.1 bp −$6,206	doesn't fit
Sell GRVT live order book, 27 min ago	5.79 bp	10.3 bp −$10	14.9 bp −$149	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	145.08	+0.114%	$248K	$1.6M	50x	as long as short
Bybit SOXLUSDTlong	0.0000%	8h	144.91	long leg	$52.4M	$184.3M	100x
Gate SOXL_USDT	0.0000%	8h	144.89	−0.014%	$27.2M	$40.9M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.38	+0.324%	$1K	$4.4M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	145.28	+0.255%	$118K	$276K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	145.39	+0.331%	$184K	$621K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.29	+0.262%	$2.5M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.08	+0.117%	$268K	$271K	30x	as long as short
Lighter SOXL	+0.0032%	1h	145.05	+0.097%	$812K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.11	+0.138%	$348K	$1.8M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SOXL	+0.0050%	1h	144.90	−0.007%	$25.9M	$22.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	145.06	+0.104%	$5K	$266K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	145.41	+0.345%	$207K	$674K	10x	as long as short
OKX SOXL-USDT-SWAP	+0.0067%	8h	144.86	−0.035%	$25.4M	$188.5M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.98	+0.048%	$6.9M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	145.32	+0.283%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.84	−0.048%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.85	−0.042%	$6K	—	10x	as long as short
Variational Omni SOXL	+0.0179%	8h	145.26	+0.243%	$2.4M	$4.9M	—	as long as short
Coinbase International SOXL-PERP-INTX	+0.0200%	1h	145.25	+0.235%	$839K	$2.5M	10x	as long as short
BloFin SOXL-USDT	+0.0206%	8h	145.57	+0.455%	$1.3M	$490K	50x	as long as short
Extended SOXL-USD	+0.0208%	1h	145.06	+0.100%	$24K	$263K	10x	as long as short
Binance SOXLUSDT	+0.0211%	8h	144.86	−0.033%	$170.1M	$1.23B	50x	as long as short
MEXC SOXL_USDT	+0.0211%	8h	144.93	+0.014%	$14.7M	$47.7M	200x	as long as short
GRVT SOXL_USDT_Perpshort	+0.0213%	8h	145.44	+0.368%	$71K	$168K	10x
Bitget SOXLUSDT	+0.0325%	8h	145.05	+0.097%	$60.2M	$112.4M	20x	as long as short
Kraken Futures PF_SOXLUSD	+0.0413%	1h	145.25	+0.233%	$88K	$304K	20x	as long as short
edgeX SOXLUSDC	+0.0844%	4h	145.31	+0.274%	$181K	$322K	10x	as long as short