Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Phemex+0.007%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.007%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 139.13 | 0 | get 0.0000% / 8h | 13m 16s | $2.3M | $1.2M | 10x |
| Short | Binance SOXLUSDT | 139.14 | 0 | get 0.0000% / 8h | 13m 16s | $163.4M | $1.47B | 50x |
Phemex SOXLUSDT
Binance SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.007% → −0.048%
- $5.55
- Slippage, 4 orders
- −$80.76
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.21
- Costs to cover
- 1.028%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Binance: live order book, 16 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 | 3.60 bp | 35.7 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.36 bp | 5.4 bp −$5 | 6.8 bp −$68 | 20.3 bp −$2,029 | 107.7 bp −$53.9K |
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 | −0.1938% | 8h | 139.23 | +0.072% | $61.1M | $142.1M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0003% | 8h | 139.12 | −0.007% | $1.3M | $472K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.10 | −0.022% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.08 | −0.039% | $51K | $355K | 10x | as long as short |
| Binance SOXLUSDTshort | 0.0000% | 8h | 139.14 | +0.007% | $163.4M | $1.47B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.15 | +0.014% | $46.2M | $223.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.11 | −0.014% | $26.0M | $229.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.09 | −0.029% | $27.9M | $51.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.12 | −0.007% | $14.9M | $55.7M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.73 | −0.285% | $1.9M | $5.5M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
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 | 138.89 | −0.173% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.95 | −0.129% | $2K | $4.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.07 | −0.043% | $108K | $359K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.10 | −0.022% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 139.13 | long leg | $2.3M | $1.2M | 10x | |
| Lighter SOXL | +0.0032% | 1h | 139.06 | −0.050% | $676K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.05 | −0.058% | $263K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.90 | −0.165% | $257K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.00 | −0.093% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.92 | −0.151% | $211K | $460K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.90 | −0.165% | $73K | $316K | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.04 | −0.065% | $6.5M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.86 | −0.194% | $36K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.05 | −0.058% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.04 | −0.065% | $5K | — | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0158% | 1h | 139.13 | 0.000% | $9K | $292K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.85 | −0.201% | $951K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0600% | 4h | 138.81 | −0.233% | $173K | $333K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC