Funding you earn now, next payment 03:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.022%
Price spread now: Polymarket Perps against Deribit+0.130%7-day average −0.005% · 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−$26as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.130%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.135% dearer against Deribit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOXL_USDC-PERPETUAL | 145.91 | 0.0299 | pay 0.0037% / 1h | 3m 45s | $116K | $281K | 10x |
| Short | Polymarket Perps SOXL-USD | 146.10 | 0.0292 | get 0.0037% / 1h | 3m 45s | $3K | $269K | 10x |
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$1.35
- Price spread: +0.130% → −0.005%
- $13.54
- Slippage, 4 orders
- −$24.27
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.08
- Costs to cover
- 0.393%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 60 min ago; Polymarket Perps: live order book, 58 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, 60 min ago | 5.18 bp | 14.6 bp −$15 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 58 min ago | 3.10 bp | 8.2 bp −$8 | 9.5 bp −$95 | 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 | 145.86 | −0.032% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.90 | −0.007% | $52.3M | $185.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.79 | −0.082% | $25.1M | $195.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.88 | −0.021% | $27.4M | $42.9M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.75 | −0.110% | $60.4M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.88 | −0.020% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.04 | +0.089% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 146.02 | +0.075% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.87 | −0.027% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.96 | +0.034% | $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 | +0.046% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.82 | −0.063% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.75 | −0.110% | $738K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.73 | −0.123% | $280K | $1.9M | 20x | as long as short |
| BloFin SOXL-USDT | +0.0050% | 8h | 146.09 | +0.123% | $1.2M | $481K | 50x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.76 | −0.103% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.79 | −0.082% | $208K | $564K | 10x | as long as short |
| Binance SOXLUSDT | +0.0063% | 8h | 145.82 | −0.061% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0063% | 8h | 145.87 | −0.027% | $14.6M | $49.3M | 200x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 145.83 | −0.053% | $26K | $247K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.91 | 0.000% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.82 | −0.062% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.92 | +0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.91 | +0.003% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.117% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0292% | 1h | 146.10 | +0.130% | $3K | $269K | 10x | |
| Deribit SOXL_USDC-PERPETUALlong | +0.0299% | 1h | 145.91 | long leg | $116K | $281K | 10x | |
| edgeX SOXLUSDC | +0.0538% | 4h | 145.94 | +0.022% | $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
MEXC SOXL_USDT
Extended SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC