Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.036%
Price spread now: ApeX Omni against Phemex+0.035%77s7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1741.744% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)−0.219%−$22 · spread now +0.035%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.099% dearer against Phemex than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.065%. The two prices were read 77 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 | Phemex SOXLUSDT | 143.35 | 0 | get 0.0000% / 8h | 1h 23m | $2.5M | $1.2M | 10x |
| Short | ApeX Omni SOXLUSDT | 143.40 | 0.0100 | get 0.0013% / 1h | 23m 59s | $37K | $143K | 50x |
Phemex SOXLUSDT
ApeX Omni SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phemex. 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: +0.035% → −0.065%
- $9.95
- Slippage, 4 orders
- −$152.35
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$143.41
- Costs to cover
- 1.744%
- Break-even
- 54.8 days
Slippage from Phemex: live order book, 5 min ago; ApeX Omni: live order book, 57 min ago.
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 Phemex live order book, 5 min ago | 4.18 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 57 min ago | 27.06 bp | 38.5 bp −$38 | 195.3 bp −$1,953 | doesn't fit | doesn't fit |
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 | −0.0014% | 8h | 143.50 | +0.105% | $1.2M | $507K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 143.37 | +0.014% | $214K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 143.33 | −0.012% | $25K | $336K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 143.36 | +0.008% | $166.5M | $1.20B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 143.34 | −0.007% | $25.0M | $187.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 143.33 | −0.014% | $25.8M | $40.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 143.34 | −0.007% | $15.8M | $46.1M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 143.33 | −0.014% | $59.4M | $110.5M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 143.51 | +0.110% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.51 | +0.113% | $71K | $187K | 10x | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
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 | 143.38 | +0.021% | $2K | $4.8M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 143.51 | +0.112% | $196K | $546K | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 143.35 | long leg | $2.5M | $1.2M | 10x | |
| edgeX SOXLUSDC | +0.0026% | 4h | 143.43 | +0.058% | $179K | $319K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 143.30 | −0.035% | $775K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 143.33 | −0.014% | $325K | $2.0M | 20x | as long as short |
| Bybit SOXLUSDT | +0.0034% | 8h | 143.36 | +0.007% | $50.4M | $183.5M | 100x | as long as short |
| QFEX SOXL-USD | +0.0038% | 1h | 143.37 | +0.014% | $305K | $259K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 143.28 | −0.049% | $25.7M | $23.4M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.44 | +0.063% | $214K | $897K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 143.36 | +0.007% | $6.8M | $11.4M | 20x | as long as short |
| ApeX Omni SOXLUSDTshort | +0.0100% | 1h | 143.40 | +0.035% | $37K | $143K | 50x | |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 143.37 | +0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 143.41 | +0.043% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0136% | 1h | 143.42 | +0.049% | $740K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0169% | 1h | 143.35 | 0.000% | $117K | $381K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0201% | 1h | 143.48 | +0.091% | $6K | $265K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0300% | 1h | 143.23 | −0.081% | $89K | $311K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Bybit SOXLUSDT
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD