Funding you earn now, next payment 03:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h −0.023%
Price spread now: Bybit against Deribit+0.117%7-day average +0.022% · 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−$29as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 4 days (all we have)+0.190%+$19 on $10k
+Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.117%, 7d avg +0.022%
=The price spread pays, funding is against you. Bybit is 0.096% dearer against Deribit than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.022%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 4 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOXL_USDC-PERPETUAL | 144.74 | 0.0026 | pay 0.0003% / 1h | 58m 48s | $117K | $283K | 10x |
| Short | Bybit SOXLUSDT | 144.91 | 0 | get 0.0000% / 8h | 5h 58m | $51.9M | $185.5M | 100x |
Deribit SOXL_USDC-PERPETUAL
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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
- −$5.55
- Price spread: +0.117% → +0.022%
- $9.56
- Slippage, 4 orders
- −$20.41
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.4
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 5 min ago; Bybit: 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 Deribit live order book, 5 min ago | 5.18 bp | 14.6 bp −$15 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.34 bp | 8.3 bp −$8 | 13.4 bp −$134 | 85.8 bp −$8,585 | doesn't fit |
SOXL on 27 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 | 144.81 | +0.051% | $246K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDTshort | 0.0000% | 8h | 144.91 | +0.117% | $51.9M | $185.5M | 100x | |
| Gate SOXL_USDT | 0.0000% | 8h | 144.81 | +0.048% | $27.1M | $42.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.85 | +0.076% | $60.1M | $112.3M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.85 | +0.079% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.55 | −0.131% | $1K | $4.4M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.68 | −0.041% | $183K | $579K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.73 | −0.007% | $2.5M | $1.2M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 144.67 | −0.048% | $88K | $304K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0020% | 8h | 144.92 | +0.124% | $24.7M | $191.8M | 20x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Kraken Futures PF_SOXLUSD
OKX SOXL-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SOXL-USD | +0.0021% | 1h | 144.50 | −0.166% | $267K | $271K | 30x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | +0.0026% | 1h | 144.74 | long leg | $117K | $283K | 10x | |
| Lighter SOXL | +0.0032% | 1h | 144.82 | +0.055% | $810K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.88 | +0.097% | $358K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.78 | +0.028% | $25.3M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.84 | +0.069% | $207K | $633K | 10x | as long as short |
| Variational Omni SOXL | +0.0088% | 8h | 144.83 | +0.062% | $2.4M | $4.9M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.82 | +0.055% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.65 | −0.062% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.67 | −0.048% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.69 | −0.038% | $6K | — | 10x | as long as short |
| Binance SOXLUSDT | +0.0125% | 8h | 144.89 | +0.101% | $169.1M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0128% | 1h | 144.73 | −0.010% | $25K | $241K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0129% | 8h | 144.81 | +0.048% | $15.7M | $48.7M | 200x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 144.53 | −0.145% | $799K | $2.5M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0305% | 1h | 144.71 | −0.021% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0508% | 4h | 144.80 | +0.041% | $180K | $325K | 10x | as long as short |
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Variational Omni SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Binance SOXLUSDT
Extended SOXL-USD
MEXC SOXL_USDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC