Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Bybit against Phemex+0.029%7-day average −0.006% · 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−$98as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.029%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.035% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 139.15 | 0 | get 0.0000% / 8h | 1h 01m | $2.3M | $1.2M | 10x |
| Short | Bybit SOXLUSDT | 139.19 | 0 | get 0.0000% / 8h | 1h 01m | $46.1M | $230.2M | 100x |
Phemex SOXLUSDT
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.029% → −0.006%
- $3.47
- Slippage, 4 orders
- −$78.59
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.11
- Costs to cover
- 1.016%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 1.44 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.36 bp | 7.3 bp −$7 | 13.6 bp −$136 | 102.9 bp −$10.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.2191% | 8h | 139.26 | +0.079% | $60.7M | $140.6M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0014% | 8h | 139.11 | −0.029% | $1.3M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.15 | −0.003% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.13 | −0.017% | $42K | $335K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.19 | +0.029% | $164.0M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDTshort | 0.0000% | 8h | 139.19 | +0.029% | $46.1M | $230.2M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.18 | +0.022% | $26.5M | $228.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.20 | +0.036% | $28.4M | $50.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.18 | +0.022% | $16.0M | $55.7M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.29 | +0.101% | $1.9M | $5.5M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance 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 | 139.02 | −0.094% | $64K | $203K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.08 | −0.050% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.21 | +0.043% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 139.15 | long leg | $2.3M | $1.2M | 10x | |
| Lighter SOXL | +0.0032% | 1h | 139.11 | −0.029% | $677K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.08 | −0.050% | $265K | $1.8M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0038% | 1h | 139.16 | +0.007% | $108K | $358K | 10x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 139.16 | +0.007% | $257K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.96 | −0.137% | $21.2M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.25 | +0.072% | $212K | $483K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.13 | −0.014% | $6.7M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.00 | −0.108% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.19 | +0.029% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.17 | +0.013% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0192% | 4h | 139.08 | −0.054% | $173K | $331K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.02 | −0.093% | $951K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0237% | 1h | 139.29 | +0.101% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0432% | 1h | 139.08 | −0.051% | $81K | $299K | 20x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX 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
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD