SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0504%/8h= −55.2% APRnext payment −$5.04 per $10,000 · paid last 24h −0.179%

Price spread now: Bitget against OKX+0.007%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.229%+$23 on $10k

Price spread, last 7 days+0.030%+$3 · spread now +0.007%, 7d avg −0.026%

Together, before fees+0.259%+$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.033% dearer against OKX than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.026%): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.229%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.04 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SOXL-USDT-SWAP	141.27	0	get 0.0000% / 8h	5h 56m	$26.4M	$258.0M	20x
Short	Bitget SOXLUSDT	141.28	−0.0504	pay 0.0504% / 8h	5h 56m	$58.9M	$161.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$105.84
Price spread: +0.007% → −0.026%: $3.3
Slippage, 4 orders: −$4.72
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$129.26
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 6 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 OKX live order book, 6 min ago	0.35 bp	5.4 bp −$5	11.4 bp −$114	44.0 bp −$4,395	doesn't fit
Sell Bitget live order book, 6 min ago	1.06 bp	7.5 bp −$7	14.9 bp −$149	30.5 bp −$3,054	doesn't fit

SOXL on 28 exchanges

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
Bitget SOXLUSDTshort	−0.0504%	8h	141.28	+0.007%	$58.9M	$161.4M	20x
Aster SOXLUSDT	0.0000%	8h	141.24	−0.024%	$180K	$1.4M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	141.20	−0.047%	$54K	$401K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	141.24	−0.021%	$161.7M	$1.64B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	141.28	+0.007%	$45.9M	$229.4M	100x	as long as short
OKX SOXL-USDT-SWAPlong	0.0000%	8h	141.27	long leg	$26.4M	$258.0M	20x
Gate SOXL_USDT	0.0000%	8h	141.24	−0.021%	$29.0M	$58.4M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	141.23	−0.028%	$19.1M	$60.3M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	141.18	−0.062%	$1.9M	$5.6M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	141.18	−0.064%	$66K	$195K	10x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXL-USDT	0.0000%	8h	141.25	−0.014%	$1K	$3.7M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	141.24	−0.021%	$114K	$384K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	141.28	+0.007%	$89K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	141.29	+0.014%	$2.3M	$1.2M	10x	as long as short
BloFin SOXL-USDT	+0.0016%	8h	141.21	−0.042%	$1.2M	$507K	50x	as long as short
QFEX SOXL-USD	+0.0022%	1h	141.29	+0.014%	$261K	$257K	30x	as long as short
Lighter SOXL	+0.0032%	1h	141.28	+0.007%	$674K	$2.7M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	141.34	+0.050%	$272K	$1.7M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	141.21	−0.042%	$22.1M	$32.9M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	141.12	−0.106%	$9K	$289K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	140.68	−0.418%	$214K	$383K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	141.21	−0.042%	$6.5M	$10.3M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	141.19	−0.057%	$37K	$144K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	141.20	−0.050%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	141.21	−0.046%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0200%	1h	141.29	+0.014%	$856K	$3.4M	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0513%	1h	140.85	−0.294%	$88K	$380K	20x	as long as short
edgeX SOXLUSDC	+0.0542%	4h	141.16	−0.079%	$175K	$335K	10x	as long as short