Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.056%
Price spread now: Polymarket Perps against Bybit+0.065%47s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
Funding, last 6 days (all we have)+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.811%+$81 · spread now +0.065%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Polymarket Perps is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 47 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 | 138.75 | 0 | get 0.0000% / 8h | 17m 40s | $46.0M | $223.5M | 100x |
| Short | Polymarket Perps SOXL-USD | 138.84 | 0.0168 | get 0.0021% / 1h | 17m 40s | $9K | $292K | 10x |
Bybit SOXLUSDT
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $35.31
- Price spread: +0.065% → −0.007%
- $7.21
- Slippage, 4 orders
- −$10.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $12.67
- Costs to cover
- 0.299%
- Break-even
- 4.5 days
Slippage from Bybit: live order book, 1 min ago; Polymarket Perps: live order book, 19 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, 1 min ago | 0.36 bp | 6.4 bp −$6 | 10.0 bp −$100 | 76.0 bp −$7,596 | doesn't fit |
| Sell Polymarket Perps live order book, 19 min ago | 3.24 bp | 8.5 bp −$8 | 8.7 bp −$87 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1978% | 8h | 138.91 | +0.115% | $60.9M | $142.2M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.74 | −0.010% | $196K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.70 | −0.034% | $51K | $355K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.74 | −0.007% | $162.9M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 138.75 | long leg | $46.0M | $223.5M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.75 | 0.000% | $25.9M | $229.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.72 | −0.022% | $27.8M | $51.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.76 | +0.007% | $14.2M | $55.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.65 | −0.072% | $1.9M | $5.5M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.85 | +0.075% | $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 | 138.70 | −0.036% | $1K | $4.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 138.73 | −0.014% | $108K | $358K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.90 | +0.108% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.84 | +0.065% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0020% | 8h | 138.82 | +0.050% | $1.3M | $471K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.79 | +0.029% | $673K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.74 | −0.007% | $263K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.74 | −0.007% | $256K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.71 | −0.029% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.66 | −0.065% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.60 | −0.106% | $73K | $316K | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.74 | −0.007% | $6.5M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.35 | −0.288% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.78 | +0.022% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.78 | +0.023% | $5K | — | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0168% | 1h | 138.84 | +0.065% | $9K | $292K | 10x | |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.74 | −0.007% | $950K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0231% | 4h | 138.28 | −0.341% | $172K | $331K | 10x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC