Funding you earn now, next payment 06:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.045%
Price spread now: Deribit against OKX+0.078%46s7-day average +0.003% · 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—prices read too far apart to compare
costs, in and out, $10k−$380.375% of the position
Funding, last 4 days (all we have)−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.078%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.075% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOXL-USDT-SWAP | 141.02 | 0 | get 0.0000% / 8h | 2h 49m | $25.5M | $210.6M | 20x |
| Short | Deribit SOXL_USDC-PERPETUAL | 141.13 | 0.0034 | get 0.0004% / 1h | 49m 31s | $110K | $333K | 10x |
OKX SOXL-USDT-SWAP
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $7.04
- Price spread: +0.078% → +0.003%
- $7.48
- Slippage, 4 orders
- −$20.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.99
- Costs to cover
- 0.375%
- Break-even
- 29.9 days
Slippage from OKX: live order book, 5 min ago; Deribit: live order book, 64 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, 5 min ago | 0.35 bp | 6.8 bp −$7 | 9.0 bp −$90 | 37.5 bp −$3,749 | doesn't fit |
| Sell Deribit live order book, 64 min ago | 7.28 bp | 11.5 bp −$11 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1609% | 8h | 141.02 | 0.000% | $60.5M | $128.2M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.92 | −0.068% | $206K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.85 | −0.121% | $33K | $312K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.96 | −0.042% | $165.2M | $1.36B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.96 | −0.043% | $46.9M | $215.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAPlong | 0.0000% | 8h | 141.02 | long leg | $25.5M | $210.6M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 140.90 | −0.085% | $26.0M | $46.2M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.03 | +0.007% | $17.5M | $52.1M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.31 | +0.206% | $2.2M | $5.0M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | +0.205% | $67K | $196K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 141.18 | +0.113% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | +0.248% | $102K | $1.1M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.14 | +0.085% | $2.4M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0006% | 8h | 141.28 | +0.184% | $1.2M | $474K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.00 | −0.014% | $264K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0034% | 1h | 141.13 | +0.078% | $110K | $333K | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.35 | +0.234% | $208K | $502K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.85 | −0.121% | $260K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0080% | 1h | 141.03 | +0.007% | $696K | $2.3M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.10 | +0.057% | $6.7M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.27 | +0.177% | $37K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.22 | +0.142% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.21 | +0.133% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0113% | 4h | 141.14 | +0.082% | $176K | $329K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0136% | 1h | 141.06 | +0.028% | $25.2M | $23.9M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 141.38 | +0.255% | $898K | $2.9M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0519% | 1h | 141.09 | +0.050% | $3K | $269K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0648% | 1h | 141.09 | +0.048% | $85K | $299K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD