Funding you earn now, next payment 07:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.045%
Price spread now: Deribit against Phemex+0.022%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 4 days (all we have)+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.022%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.047% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 138.95 | 0 | get 0.0000% / 8h | 1h 10m | $2.3M | $1.2M | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 138.98 | 0.0110 | get 0.0014% / 1h | 10m 24s | $108K | $366K | 10x |
Phemex SOXLUSDT
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $23.08
- Price spread: +0.022% → −0.026%
- $4.73
- Slippage, 4 orders
- −$104.56
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$95.74
- Costs to cover
- 1.236%
- Break-even
- 36.0 days
Slippage from Phemex: live order book, 3 min ago; Deribit: live order book, 33 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, 3 min ago | 2.52 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 33 min ago | 6.14 bp | 14.0 bp −$14 | 16.4 bp −$164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.2320% | 8h | 139.05 | +0.072% | $60.5M | $140.4M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.93 | −0.018% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.95 | −0.004% | $42K | $340K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.97 | +0.018% | $163.8M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.99 | +0.029% | $46.2M | $230.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.97 | +0.014% | $26.5M | $227.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.99 | +0.029% | $28.3M | $50.5M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.98 | +0.022% | $16.6M | $55.6M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.98 | +0.021% | $1.9M | $5.5M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.05 | +0.076% | $65K | $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 | 139.02 | +0.050% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.01 | +0.043% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 138.95 | long leg | $2.3M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0001% | 8h | 138.93 | −0.014% | $1.3M | $468K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.95 | 0.000% | $684K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.90 | −0.036% | $267K | $1.8M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.94 | −0.007% | $257K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.91 | −0.029% | $21.2M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.61 | −0.245% | $211K | $480K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.93 | −0.014% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.98 | +0.022% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.97 | +0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.97 | +0.012% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0110% | 1h | 138.98 | +0.022% | $108K | $366K | 10x | |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.23 | +0.202% | $952K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0244% | 1h | 139.06 | +0.079% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0433% | 1h | 138.89 | −0.043% | $81K | $299K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0639% | 4h | 138.83 | −0.087% | $173K | $329K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC