Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps−0.206%7-day average +0.077% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.206%, 7d avg +0.077%
=Together, before fees+0.035%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.283% cheaper against Ondo Perps than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SOXL-USD.P | 140.60 | 0.0050 | pay 0.0006% / 1h | 46m 22s | $207K | $500K | 10x |
| Short | Phemex SOXLUSDT | 140.31 | 0 | get 0.0000% / 8h | 2h 46m | $2.4M | $1.2M | 10x |
Ondo Perps SOXL-USD.P
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.206% → +0.077%
- −$28.35
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$55.93
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 2 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 Phemex live order book, 2 min ago | 3.55 bp | 49.4 bp −$49 | doesn't fit | 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 | −0.1617% | 8h | 140.51 | −0.064% | $60.4M | $128.4M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0009% | 8h | 140.44 | −0.114% | $1.2M | $471K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.40 | −0.139% | $206K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.34 | −0.183% | $33K | $312K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.41 | −0.135% | $164.6M | $1.36B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.39 | −0.149% | $46.6M | $216.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.40 | −0.142% | $25.6M | $210.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.45 | −0.107% | $25.9M | $46.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.41 | −0.135% | $16.7M | $52.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.31 | +0.505% | $2.2M | $5.0M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | +0.505% | $67K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.33 | −0.192% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.82 | −0.555% | $101K | $1.1M | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 140.31 | −0.206% | $2.4M | $1.2M | 10x | |
| Lighter RH SOXL | +0.0032% | 1h | 140.46 | −0.100% | $264K | $1.7M | 20x | as long as short |
| Lighter SOXL | +0.0048% | 1h | 140.30 | −0.213% | $693K | $2.3M | 20x | as long as short |
| Ondo Perps SOXL-USD.Plong | +0.0050% | 1h | 140.60 | long leg | $207K | $500K | 10x | |
| QFEX SOXL-USD | +0.0053% | 1h | 140.50 | −0.071% | $259K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.47 | −0.092% | $6.7M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.27 | +0.477% | $37K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.36 | −0.171% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.40 | −0.142% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0106% | 1h | 140.37 | −0.164% | $109K | $333K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0112% | 1h | 140.38 | −0.156% | $25.0M | $24.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0169% | 4h | 140.93 | +0.234% | $176K | $330K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.78 | +0.128% | $894K | $2.9M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0483% | 1h | 140.54 | −0.043% | $3K | $269K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0651% | 1h | 140.44 | −0.113% | $85K | $296K | 20x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Lighter RH SOXL
Lighter SOXL
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD