Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.130%
Price spread now: Variational Omni against Ondo Perps−0.003%7-day average +0.056% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.003%, 7d avg +0.056%
=Together, before fees+0.126%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$13 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 Variational Omni is 0.059% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.056%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.097%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SOXL-USD.P | 144.68 | 0.0050 | pay 0.0006% / 1h | 19m 17s | $238K | $915K | 10x |
| Short | Variational Omni SOXL | 144.68 | 0 | get 0.0000% / 8h | 19m 17s | $2.2M | $4.9M | — |
Ondo Perps SOXL-USD.P
Variational Omni SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.003% → +0.056%
- −$5.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.51
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago | 2.39 bp | doesn't fit | 2.8 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0025% | 8h | 144.69 | +0.007% | $1.2M | $489K | 50x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0023% | 1h | 144.82 | +0.096% | $90K | $303K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.89 | +0.147% | $216K | $1.6M | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.96 | +0.194% | $25.7M | $184.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.91 | +0.159% | $27.5M | $39.5M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.93 | +0.173% | $60.4M | $109.1M | 20x | as long as short |
| Variational Omni SOXLshort | 0.0000% | 8h | 144.68 | −0.003% | $2.2M | $4.9M | — | |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.57 | −0.076% | $71K | $163K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.86 | +0.124% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.81 | +0.090% | $194K | $559K | 50x | as long as short |
BloFin SOXL-USDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXLUSDT | 0.0000% | 8h | 144.95 | +0.187% | $2.5M | $1.2M | 10x | as long as short |
| Extended SOXL-USD | +0.0008% | 1h | 144.93 | +0.176% | $27K | $338K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0008% | 8h | 144.98 | +0.207% | $14.4M | $46.5M | 200x | as long as short |
| Binance SOXLUSDT | +0.0010% | 8h | 144.95 | +0.188% | $172.6M | $1.19B | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.87 | +0.131% | $308K | $257K | 30x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.85 | +0.118% | $343K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.Plong | +0.0050% | 1h | 144.68 | long leg | $238K | $915K | 10x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.74 | +0.041% | $6.9M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.59 | −0.062% | $38K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.93 | +0.173% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.83 | +0.106% | $6K | — | 10x | as long as short |
| Bybit SOXLUSDT | +0.0108% | 8h | 145.02 | +0.235% | $51.6M | $178.2M | 100x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 144.80 | +0.083% | $977K | $2.3M | 10x | as long as short |
| Lighter SOXL | +0.0200% | 1h | 144.78 | +0.069% | $803K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0204% | 1h | 144.88 | +0.138% | $26.3M | $22.0M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0588% | 1h | 145.07 | +0.270% | $5K | $265K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0791% | 4h | 144.54 | −0.099% | $180K | $322K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.1062% | 1h | 144.96 | +0.194% | $118K | $296K | 10x | as long as short |
Phemex SOXLUSDT
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
QFEX SOXL-USD
Lighter RH SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTX
Lighter SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL