Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against Orderly+0.130%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.130% dearer against Orderly than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.3 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SOXL_USDC_mythos | 138.84 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $1K | $5K | 20x |
| Short | Phemex SOXLUSDT | 139.02 | 0 | get 0.0000% / 8h | 1h 23m | $2.3M | $1.2M | 10x |
Orderly PERP_SOXL_USDC_mythos
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- −$21
- Price spread: +0.130% → 0.000%
- $12.96
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$26.04
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 2.16 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | −0.2507% | 8h | 139.06 | +0.158% | $60.4M | $139.6M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.74 | −0.075% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.92 | +0.054% | $33K | $320K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.94 | +0.074% | $163.8M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.94 | +0.072% | $46.0M | $230.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.94 | +0.072% | $26.4M | $226.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.96 | +0.086% | $28.3M | $49.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.89 | +0.036% | $16.9M | $55.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.93 | +0.065% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.56 | −0.198% | $64K | $203K | 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 | 139.01 | +0.122% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.10 | +0.187% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 139.02 | +0.130% | $2.3M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0023% | 8h | 138.78 | −0.043% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.97 | +0.094% | $688K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.98 | +0.101% | $268K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0038% | 1h | 139.05 | +0.151% | $108K | $364K | 10x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.90 | +0.043% | $257K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.82 | −0.014% | $21.2M | $30.2M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.59 | −0.180% | $211K | $480K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.79 | −0.036% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.52 | −0.230% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythoslong | +0.0100% | 8h | 138.84 | long leg | $1K | $5K | 20x | |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.76 | −0.055% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.71 | −0.094% | $948K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0268% | 1h | 138.96 | +0.086% | $9K | $292K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0271% | 4h | 138.58 | −0.185% | $173K | $330K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0433% | 1h | 138.82 | −0.013% | $81K | $299K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
Deribit SOXL_USDC-PERPETUAL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD