Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.171%
Price spread now: QFEX against OKX−0.131%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Funding, last 3 days (all we have)−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.131%, 7d avg −0.011%
=Funding pays, the price is against you. QFEX is 0.120% cheaper against OKX than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.011%). If the spread goes back, that is −$12 on $10k: about 19 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOXL-USDT-SWAP | 144.49 | 0 | get 0.0000% / 8h | 44m 21s | $25.4M | $184.1M | 20x |
| Short | QFEX SOXL-USD | 144.30 | 0.0021 | get 0.0003% / 1h | 44m 21s | $307K | $258K | 30x |
OKX SOXL-USDT-SWAP
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $4.47
- Price spread: −0.131% → −0.011%
- −$12.02
- Slippage, 4 orders
- −$5.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.07
- Costs to cover
- 0.255%
- Break-even
- 58.8 days
Slippage from OKX: live order book, 5 min ago; QFEX: live order book, 20 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 | 5.9 bp −$6 | 7.3 bp −$73 | 24.7 bp −$2,469 | doesn't fit |
| Sell QFEX live order book, 20 min ago | 2.09 bp | 7.1 bp −$7 | 7.6 bp −$76 | 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 | −0.0024% | 1h | 144.25 | −0.163% | $89K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.40 | −0.062% | $213K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 144.31 | −0.128% | $27K | $338K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 144.40 | −0.065% | $170.5M | $1.19B | 50x | as long as short |
| OKX SOXL-USDT-SWAPlong | 0.0000% | 8h | 144.49 | long leg | $25.4M | $184.1M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 144.41 | −0.055% | $27.1M | $38.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 144.37 | −0.083% | $15.2M | $46.3M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.33 | −0.111% | $60.0M | $108.9M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 144.44 | −0.037% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.34 | −0.106% | $71K | $169K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
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 | 144.55 | +0.042% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.69 | +0.138% | $200K | $546K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.37 | −0.083% | $2.5M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0002% | 8h | 144.35 | −0.097% | $1.2M | $490K | 50x | as long as short |
| QFEX SOXL-USDshort | +0.0021% | 1h | 144.30 | −0.131% | $307K | $258K | 30x | |
| Lighter RH SOXL | +0.0032% | 1h | 144.32 | −0.118% | $343K | $1.9M | 20x | as long as short |
| Bybit SOXLUSDT | +0.0047% | 8h | 144.45 | −0.028% | $51.4M | $178.4M | 100x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.14 | −0.242% | $238K | $912K | 10x | as long as short |
| Lighter SOXL | +0.0096% | 1h | 144.25 | −0.166% | $801K | $2.6M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.27 | −0.152% | $6.8M | $11.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.53 | +0.028% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.45 | −0.028% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.46 | −0.018% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 144.43 | −0.042% | $963K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0199% | 1h | 144.36 | −0.090% | $26.1M | $22.6M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0301% | 4h | 144.28 | −0.143% | $180K | $322K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0528% | 1h | 144.55 | +0.042% | $5K | $265K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0720% | 1h | 144.40 | −0.062% | $117K | $317K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Bybit SOXLUSDT
Ondo Perps SOXL-USD.P
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL