Funding you earn now, next payment 04:00 UTC+0.0853%/8h= +93.4% APRpaid last 24h +0.175%
Price spread now: edgeX against Ondo Perps+0.099%54s7-day average +0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.402%+$40 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.099%, 7d avg +0.049%
=Together, before fees+0.489%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and edgeX is 0.050% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.049%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.402% in total (about 21.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SOXL-USD.P | 144.94 | 0.0050 | pay 0.0006% / 1h | 14m 03s | $207K | $488K | 10x |
| Short | edgeX SOXLUSDC | 145.08 | 0.0903 | get 0.0451% / 4h | 14m 03s | $181K | $328K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $179.04
- Price spread: +0.099% → +0.049%
- $5.01
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $170.05
- Costs to cover
- 0.140%
- Break-even
- 0.4 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 44 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 edgeX live order book, 44 min ago | 20.90 bp | 26.2 bp −$26 | 38.2 bp −$382 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0116% | 1h | 145.01 | +0.047% | $88K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.01 | +0.050% | $232K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 144.97 | +0.020% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 144.97 | +0.020% | $169.2M | $1.25B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 144.98 | +0.028% | $50.7M | $188.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.95 | +0.007% | $24.5M | $196.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.96 | +0.014% | $27.2M | $43.2M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 144.98 | +0.028% | $14.9M | $49.6M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.99 | +0.034% | $60.0M | $113.1M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.07 | +0.089% | $2.4M | $4.7M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.18 | +0.164% | $71K | $177K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.03 | +0.062% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 144.98 | +0.028% | $114K | $290K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.99 | +0.034% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.98 | +0.028% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.98 | +0.028% | $268K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0023% | 8h | 144.92 | −0.014% | $1.2M | $475K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 144.97 | +0.021% | $727K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.95 | +0.007% | $275K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.95 | +0.007% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.Plong | +0.0050% | 1h | 144.94 | long leg | $207K | $488K | 10x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.98 | +0.028% | $6.9M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.18 | +0.166% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.01 | +0.048% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.98 | +0.024% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.02 | +0.055% | $902K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0164% | 1h | 145.14 | +0.138% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDCshort | +0.0903% | 4h | 145.08 | +0.099% | $181K | $328K | 10x |
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD