Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.62 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against MEXC+0.007%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$120.119% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.007%, 7d avg −0.035%
=The price spread pays, funding is against you. OKX is 0.042% dearer against MEXC than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.035%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.056% in total) that is about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXL_USDT | 145.93 | 0.0062 | pay 0.0062% / 8h | 5h 02m | $14.2M | $49.3M | 200x |
| Short | OKX SOXL-USDT-SWAP | 145.94 | 0 | get 0.0000% / 8h | 5h 02m | $25.1M | $195.4M | 20x |
MEXC SOXL_USDT
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$13.02
- Price spread: +0.007% → −0.035%
- $4.16
- Slippage, 4 orders
- −$1.91
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$20.77
- Costs to cover
- 0.119%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 2 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 MEXC live order book, 1 min ago | 0.34 bp | 0.3 bp $0 | 0.3 bp −$3 | 3.2 bp −$322 | 28.6 bp −$14.3K |
| Sell OKX live order book, 2 min ago | 0.34 bp | 5.9 bp −$6 | 7.9 bp −$79 | 31.0 bp −$3,099 | 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 | −0.048% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.96 | +0.021% | $52.4M | $185.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAPshort | 0.0000% | 8h | 145.94 | +0.007% | $25.1M | $195.4M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 145.93 | 0.000% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.91 | −0.014% | $60.5M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 146.13 | +0.139% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.94 | +0.007% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | +0.041% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.92 | −0.007% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.85 | −0.055% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
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 | +0.032% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.78 | −0.101% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.83 | −0.069% | $738K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.92 | −0.007% | $280K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.90 | −0.021% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.014% | $208K | $550K | 10x | as long as short |
| Binance SOXLUSDT | +0.0061% | 8h | 145.94 | +0.006% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDTlong | +0.0062% | 8h | 145.93 | long leg | $14.2M | $49.3M | 200x | |
| Extended SOXL-USD | +0.0064% | 1h | 145.87 | −0.041% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0075% | 8h | 145.75 | −0.123% | $1.2M | $479K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.91 | −0.014% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.13 | +0.137% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.93 | 0.000% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.92 | −0.009% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.103% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0290% | 1h | 146.06 | +0.089% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0298% | 1h | 145.95 | +0.014% | $116K | $280K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | +0.064% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
Extended SOXL-USD
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC