Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.226%
Price spread now: Phemex against Bybit+0.021%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$960.955% of the position
Funding, last 7 days−0.279%−$28 on $10k
+Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.021%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 144.34 | 0.0047 | pay 0.0047% / 8h | 44m 55s | $51.3M | $178.3M | 100x |
| Short | Phemex SOXLUSDT | 144.37 | 0 | get 0.0000% / 8h | 44m 55s | $2.5M | $1.2M | 10x |
Bybit SOXLUSDT
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$9.79
- Price spread: +0.021% → +0.013%
- $0.8
- Slippage, 4 orders
- −$72.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$104.5
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Phemex: live order book, 4 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 | 0.35 bp | 6.7 bp −$7 | 10.4 bp −$104 | 78.5 bp −$7,847 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.08 bp | 36.1 bp −$36 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0024% | 1h | 144.25 | −0.059% | $89K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.40 | +0.042% | $213K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 144.32 | −0.011% | $27K | $338K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 144.33 | −0.007% | $170.5M | $1.19B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.32 | −0.014% | $25.4M | $183.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.33 | −0.007% | $27.0M | $38.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 144.31 | −0.021% | $15.2M | $46.3M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.28 | −0.042% | $60.0M | $108.9M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 144.44 | +0.067% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.34 | −0.002% | $71K | $169K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
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 | 144.55 | +0.145% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.69 | +0.242% | $200K | $546K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 144.37 | +0.021% | $2.5M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0002% | 8h | 144.35 | +0.007% | $1.2M | $490K | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.46 | +0.083% | $307K | $258K | 30x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.37 | +0.021% | $343K | $1.9M | 20x | as long as short |
| Bybit SOXLUSDTlong | +0.0047% | 8h | 144.34 | long leg | $51.3M | $178.3M | 100x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.14 | −0.139% | $238K | $912K | 10x | as long as short |
| Lighter SOXL | +0.0096% | 1h | 144.29 | −0.035% | $801K | $2.6M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.24 | −0.069% | $6.8M | $11.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.53 | +0.132% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.38 | +0.028% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.46 | +0.086% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 144.43 | +0.062% | $963K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0202% | 1h | 144.28 | −0.042% | $26.1M | $22.6M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0301% | 4h | 144.28 | −0.040% | $180K | $322K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0535% | 1h | 144.56 | +0.152% | $5K | $265K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0720% | 1h | 144.40 | +0.042% | $117K | $317K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
QFEX SOXL-USD
Lighter RH SOXL
Ondo Perps SOXL-USD.P
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL