Funding you earn now, next payment 08:00 UTC−0.0522%/8h= −57.1% APRnext payment −$5.22 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against Bybit−0.027%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.027%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.22 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 | 146.40 | 0.0579 | pay 0.0579% / 8h | 7h 49m | $52.8M | $179.0M | 100x |
| Short | OKX SOXL-USDT-SWAP | 146.36 | 0.0058 | get 0.0058% / 8h | 7h 49m | $25.8M | $185.1M | 20x |
Bybit SOXLUSDT
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$109.54
- Price spread: −0.027% → −0.014%
- −$1.37
- Slippage, 4 orders
- −$5.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$137.02
- Costs to cover
- 0.261%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: 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, 5 min ago | 0.34 bp | 8.3 bp −$8 | 14.1 bp −$141 | 82.0 bp −$8,201 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.34 bp | 5.4 bp −$5 | 7.0 bp −$70 | 22.6 bp −$2,260 | 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 | 146.27 | −0.087% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.49 | +0.061% | $28.3M | $38.1M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.45 | +0.034% | $62.0M | $109.3M | 20x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.39 | −0.007% | $2K | $4.6M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.40 | 0.000% | $2.5M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.39 | −0.007% | $346K | $1.8M | 20x | as long as short |
| Variational Omni SOXL | +0.0043% | 8h | 145.75 | −0.442% | $2.2M | $5.0M | — | as long as short |
| Lighter SOXL | +0.0056% | 1h | 146.36 | −0.027% | $818K | $2.6M | 20x | as long as short |
| OKX SOXL-USDT-SWAPshort | +0.0058% | 8h | 146.36 | −0.027% | $25.8M | $185.1M | 20x | |
| QFEX SOXL-USD | +0.0070% | 1h | 146.29 | −0.075% | $271K | $271K | 30x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
SunX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Variational Omni SOXL
Lighter SOXL
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | +0.0075% | 8h | 146.56 | +0.109% | $1.3M | $490K | 50x | as long as short |
| MEXC SOXL_USDT | +0.0083% | 8h | 146.49 | +0.061% | $14.1M | $46.8M | 200x | as long as short |
| Extended SOXL-USD | +0.0088% | 1h | 146.49 | +0.061% | $25K | $318K | 10x | as long as short |
| Binance SOXLUSDT | +0.0088% | 8h | 146.37 | −0.020% | $176.1M | $1.20B | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.25 | −0.102% | $7.0M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.71 | −0.471% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.52 | +0.082% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.15 | −0.171% | $6K | — | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0146% | 1h | 144.91 | −1.018% | $240K | $760K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.02 | −0.260% | $1.1M | $2.2M | 10x | as long as short |
| HTX SOXL-USDT | +0.0285% | 8h | 146.40 | 0.000% | $184K | $592K | 50x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0296% | 1h | 146.50 | +0.068% | $119K | $276K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0425% | 1h | 146.39 | −0.006% | $90K | $301K | 20x | as long as short |
| Bybit SOXLUSDTlong | +0.0579% | 8h | 146.40 | long leg | $52.8M | $179.0M | 100x | |
| GRVT SOXL_USDT_Perp | +0.0649% | 8h | 145.24 | −0.791% | $71K | $157K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0677% | 1h | 146.45 | +0.034% | $26.8M | $20.7M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0699% | 4h | 145.28 | −0.764% | $181K | $321K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.1144% | 1h | 146.59 | +0.130% | $5K | $266K | 10x | as long as short |
BloFin SOXL-USDT
MEXC SOXL_USDT
Extended SOXL-USD
Binance SOXLUSDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Ondo Perps SOXL-USD.P
Coinbase International SOXL-PERP-INTX
HTX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
Kraken Futures PF_SOXLUSD
GRVT SOXL_USDT_Perp
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Polymarket Perps SOXL-USD