Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.228%
Price spread now: Phemex against GRVT−0.111%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.111%, 7d avg +0.026%
=Together, before fees−0.246%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.137% cheaper against GRVT than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SOXL_USDT_Perp | 142.66 | 0 | get 0.0000% / 8h | 1h 48m | $70K | $196K | 10x |
| Short | Phemex SOXLUSDT | 142.50 | 0 | get 0.0000% / 8h | 1h 48m | $2.5M | $1.2M | 10x |
GRVT SOXL_USDT_Perp
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against GRVT. 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: −0.111% → +0.026%
- −$13.66
- Slippage, 4 orders
- −$106.2
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$140.86
- Costs to cover
- 1.272%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 34 min ago; Phemex: 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 GRVT live order book, 34 min ago | 1.76 bp | 13.5 bp −$14 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.75 bp | 54.4 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0005% | 8h | 142.50 | −0.111% | $1.2M | $519K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 142.46 | −0.139% | $213K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.34 | −0.222% | $25K | $336K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 142.35 | −0.216% | $165.8M | $1.20B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.37 | −0.202% | $24.9M | $186.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.35 | −0.216% | $25.6M | $40.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.32 | −0.237% | $16.4M | $45.6M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 142.38 | −0.195% | $59.1M | $110.2M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.63 | −0.018% | $2.2M | $5.0M | — | as long as short |
| GRVT SOXL_USDT_Perplong | 0.0000% | 8h | 142.66 | long leg | $70K | $196K | 10x |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 142.45 | −0.146% | $2K | $4.8M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.51 | −0.104% | $190K | $534K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 142.50 | −0.111% | $2.5M | $1.2M | 10x | |
| Bybit SOXLUSDT | +0.0017% | 8h | 142.38 | −0.195% | $50.4M | $183.0M | 100x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 142.43 | −0.160% | $767K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 142.46 | −0.139% | $323K | $2.0M | 20x | as long as short |
| QFEX SOXL-USD | +0.0038% | 1h | 142.48 | −0.125% | $303K | $259K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.25 | −0.286% | $25.5M | $23.4M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 142.47 | −0.132% | $205K | $889K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.46 | −0.139% | $6.7M | $11.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 142.51 | −0.104% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 142.34 | −0.223% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.35 | −0.218% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0136% | 1h | 142.63 | −0.020% | $747K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0171% | 1h | 142.48 | −0.125% | $116K | $396K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0219% | 1h | 142.38 | −0.195% | $6K | $265K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0302% | 1h | 142.39 | −0.185% | $88K | $311K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0419% | 4h | 142.59 | −0.047% | $178K | $320K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Bybit SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
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
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC