Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.030%
Price spread now: Deribit against Ondo Perps+0.340%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.340%−$34 · spread now +0.340%, 7d avg +0.051%
=Together, before fees−0.321%+ Points / potential airdropOndo Perps: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.289% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of +0.051%): +$29 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SOXL-USD.P | 138.09 | 0.0050 | pay 0.0006% / 1h | 27m 07s | $210K | $478K | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 138.56 | 0 | get 0.0000% / 1h | 27m 07s | $108K | $364K | 10x |
Ondo Perps SOXL-USD.P
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Ondo Perps. 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
- −$10.58
- Price spread: +0.340% → +0.051%
- $28.91
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $6.32
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 16 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 16 min ago | 6.14 bp | 14.0 bp −$14 | 16.4 bp −$164 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.2565% | 8h | 138.64 | +0.398% | $60.2M | $139.4M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.58 | +0.353% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.57 | +0.348% | $35K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.58 | +0.355% | $163.4M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.59 | +0.362% | $45.9M | $229.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.59 | +0.362% | $26.4M | $226.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.60 | +0.369% | $28.2M | $49.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.59 | +0.362% | $16.7M | $55.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.24 | +0.109% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.32 | +0.163% | $64K | $202K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
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 | 138.65 | +0.406% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | 0.0000% | 1h | 138.56 | +0.340% | $108K | $364K | 10x | |
| HTX SOXL-USDT | 0.0000% | 8h | 138.63 | +0.391% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.59 | +0.362% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0010% | 8h | 138.58 | +0.355% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.56 | +0.340% | $686K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.56 | +0.340% | $269K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.54 | +0.326% | $256K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.43 | +0.246% | $21.3M | $30.1M | 10x | as long as short |
| Ondo Perps SOXL-USD.Plong | +0.0050% | 1h | 138.09 | long leg | $210K | $478K | 10x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.56 | +0.340% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.73 | +0.463% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.57 | +0.348% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.59 | +0.364% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.54 | +0.326% | $947K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0285% | 1h | 138.68 | +0.427% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0434% | 1h | 138.41 | +0.228% | $83K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0756% | 4h | 138.74 | +0.468% | $173K | $329K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC