Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate−0.007%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.007%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.037% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOXL_USDT | 145.12 | 0 | get 0.0000% / 8h | 4h 17m | $27.2M | $43.2M | 50x |
| Short | Phemex SOXLUSDT | 145.11 | 0 | get 0.0000% / 8h | 4h 17m | $2.4M | $1.2M | 10x |
Gate SOXL_USDT
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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
- $0
- Price spread: −0.007% → +0.030%
- −$3.7
- Slippage, 4 orders
- −$91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$121.7
- Costs to cover
- 1.180%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Phemex: live order book, 1 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 Gate live order book, 2 min ago | 1.38 bp | 12.6 bp −$13 | 20.3 bp −$203 | 40.0 bp −$3,997 | 54.1 bp −$27.0K |
| Sell Phemex live order book, 1 min ago | 2.76 bp | 36.6 bp −$37 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0116% | 1h | 145.08 | −0.028% | $88K | $304K | 20x | as long as short |
| BloFin SOXL-USDT | −0.0010% | 8h | 145.07 | −0.034% | $1.2M | $476K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.10 | −0.013% | $232K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 145.11 | −0.006% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 145.15 | +0.021% | $169.4M | $1.25B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.14 | +0.014% | $51.0M | $188.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.14 | +0.014% | $24.5M | $196.8M | 20x | as long as short |
| Gate SOXL_USDTlong | 0.0000% | 8h | 145.12 | long leg | $27.2M | $43.2M | 50x | |
| MEXC SOXL_USDT | 0.0000% | 8h | 145.15 | +0.021% | $15.1M | $49.5M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.15 | +0.021% | $60.1M | $113.1M | 20x | as long as short |
Kraken Futures PF_SOXLUSD
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
MEXC SOXL_USDT
Bitget SOXLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 145.50 | +0.261% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.22 | +0.069% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.06 | −0.041% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.08 | −0.028% | $114K | $290K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.14 | +0.014% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 145.11 | −0.007% | $2.4M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0021% | 1h | 145.15 | +0.021% | $268K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.10 | −0.014% | $728K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.08 | −0.028% | $275K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.10 | −0.014% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.97 | −0.103% | $207K | $488K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.15 | +0.021% | $6.9M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.23 | +0.076% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.06 | −0.041% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.07 | −0.037% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.03 | −0.062% | $902K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0167% | 1h | 145.18 | +0.041% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0664% | 4h | 145.23 | +0.078% | $181K | $328K | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC