Funding you earn now, next payment 08:00 UTC−0.0186%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h −0.030%
Price spread now: QFEX against Coinbase International−0.378%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$320.315% of the position
Funding, last 4 days (all we have)−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+0.531%+$53 · spread now −0.378%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 0.363% cheaper against Coinbase International than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 137.68 | 0.0208 | pay 0.0026% / 1h | 42m 17s | $933K | $3.1M | 10x |
| Short | QFEX SOXL-USD | 137.16 | 0.0022 | get 0.0003% / 1h | 42m 17s | $253K | $264K | 30x |
Coinbase International SOXL-PERP-INTX
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Coinbase International. 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
- −$38.99
- Price spread: −0.378% → −0.015%
- −$36.28
- Slippage, 4 orders
- −$11.52
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$106.8
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; QFEX: live order book, 33 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 Coinbase International live order book, 2 min ago | 3.27 bp | 8.3 bp −$8 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 33 min ago | 2.16 bp | 7.3 bp −$7 | 9.1 bp −$91 | 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 | −0.1643% | 8h | 137.20 | −0.349% | $58.7M | $145.1M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 137.44 | −0.177% | $77K | $317K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.29 | −0.286% | $183K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.17 | −0.368% | $71K | $364K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.16 | −0.378% | $161.5M | $1.49B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 137.13 | −0.399% | $45.5M | $222.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.22 | −0.334% | $25.3M | $227.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.14 | −0.392% | $27.6M | $50.5M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.16 | −0.378% | $20.2M | $56.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 137.39 | −0.209% | $1.9M | $5.6M | — | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 137.93 | +0.185% | $64K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.39 | −0.211% | $1K | $3.9M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 137.39 | −0.211% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.44 | −0.174% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USDshort | +0.0022% | 1h | 137.16 | −0.378% | $253K | $264K | 30x | |
| BloFin SOXL-USDT | +0.0026% | 8h | 137.44 | −0.174% | $1.3M | $466K | 50x | as long as short |
| tradeXYZ xyz:SOXL | +0.0031% | 1h | 137.03 | −0.472% | $20.2M | $29.8M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 137.15 | −0.385% | $649K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 137.12 | −0.407% | $232K | $1.7M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 137.04 | −0.465% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 137.30 | −0.276% | $209K | $422K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.20 | −0.349% | $6.3M | $10.8M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.14 | +0.334% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.17 | −0.370% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.26 | −0.304% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0208% | 1h | 137.68 | long leg | $933K | $3.1M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0333% | 1h | 137.41 | −0.196% | $109K | $387K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0339% | 4h | 137.77 | +0.066% | $172K | $333K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
tradeXYZ xyz:SOXL
Lighter SOXL
Lighter RH SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC