Funding you earn now, next payment 02:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Coinbase International against Deribit−0.075%7-day average +0.002% · 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−$50as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 4 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.075%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.077% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOXL_USDC-PERPETUAL | 146.07 | 0.0229 | pay 0.0029% / 1h | 4m 53s | $116K | $281K | 10x |
| Short | Coinbase International SOXL-PERP-INTX | 145.96 | 0.0160 | get 0.0020% / 1h | 4m 53s | $921K | $2.6M | 10x |
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$14.58
- Price spread: −0.075% → +0.002%
- −$7.73
- Slippage, 4 orders
- −$25
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$64.32
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 59 min ago; Coinbase International: 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 Deribit live order book, 59 min ago | 5.18 bp | 14.6 bp −$15 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.77 bp | 9.9 bp −$10 | 12.6 bp −$126 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 146.00 | −0.047% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.14 | +0.048% | $52.4M | $185.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.11 | +0.027% | $25.2M | $195.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.11 | +0.027% | $27.4M | $42.9M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.07 | 0.000% | $60.6M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.88 | −0.129% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.05 | −0.014% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 146.02 | −0.034% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.08 | +0.007% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.99 | −0.055% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0017% | 8h | 145.98 | −0.064% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.88 | −0.130% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.07 | 0.000% | $740K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.04 | −0.021% | $280K | $1.9M | 20x | as long as short |
| BloFin SOXL-USDT | +0.0050% | 8h | 146.09 | +0.014% | $1.2M | $481K | 50x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 146.04 | −0.021% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.79 | −0.192% | $208K | $564K | 10x | as long as short |
| Binance SOXLUSDT | +0.0064% | 8h | 146.11 | +0.025% | $171.2M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 146.06 | −0.007% | $26K | $250K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0064% | 8h | 146.12 | +0.034% | $14.6M | $49.3M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.03 | −0.027% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.82 | −0.171% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.05 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.02 | −0.036% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0160% | 1h | 145.96 | −0.075% | $921K | $2.6M | 10x | |
| Deribit SOXL_USDC-PERPETUALlong | +0.0229% | 1h | 146.07 | long leg | $116K | $281K | 10x | |
| Polymarket Perps SOXL-USD | +0.0292% | 1h | 146.18 | +0.075% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0538% | 4h | 145.94 | −0.088% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
BloFin SOXL-USDT
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
Extended SOXL-USD
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
edgeX SOXLUSDC