SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0271%/8h= +29.7% APRnext payment +$2.71 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Phemex−0.055%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1311.314% of the position

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

Price spread, last 3 days (all we have)+0.090%+$9 · spread now −0.055%, 7d avg +0.005%

Together, before fees+0.244%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.059% cheaper against Phemex than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.005%). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.154% in total) that is about 2.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SOXLUSDT	146.77	0	get 0.0000% / 8h	7h 47m	$2.5M	$1.2M	10x
Short	HTX SOXL-USDT	146.69	0.0271	get 0.0271% / 8h	7h 47m	$184K	$592K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee HTXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $56.9
Price spread: −0.055% → +0.005%: −$5.91
Slippage, 4 orders: −$107.43
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$80.44
Costs to cover: 1.314%
Break-even: 16.9 days

Slippage from Phemex: live order book, 1 min ago; HTX: live order book, 26 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, 1 min ago	3.41 bp	61.2 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 26 min ago	3.46 bp	11.5 bp −$11	11.7 bp −$117	29.9 bp −$2,991	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
Aster SOXLUSDT	0.0000%	8h	146.39	−0.262%	$217K	$1.6M	50x	as long as short
Gate SOXL_USDT	0.0000%	8h	146.62	−0.102%	$28.2M	$38.3M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	146.67	−0.068%	$1K	$4.6M	10x	as long as short
Phemex SOXLUSDTlong	0.0000%	8h	146.77	long leg	$2.5M	$1.2M	10x
Lighter RH SOXL	+0.0032%	1h	146.76	−0.007%	$347K	$1.8M	20x	as long as short
Variational Omni SOXL	+0.0043%	8h	145.75	−0.693%	$2.2M	$5.0M	—	as long as short
Lighter SOXL	+0.0048%	1h	146.78	+0.007%	$815K	$2.6M	20x	as long as short
Bitget SOXLUSDT	+0.0054%	8h	146.63	−0.095%	$62.2M	$109.6M	20x	as long as short
OKX SOXL-USDT-SWAP	+0.0065%	8h	146.74	−0.020%	$25.8M	$186.0M	20x	as long as short
QFEX SOXL-USD	+0.0070%	1h	146.56	−0.143%	$271K	$271K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0089%	8h	146.82	+0.034%	$1.2M	$495K	50x	as long as short
Ondo Perps SOXL-USD.P	+0.0092%	1h	146.56	−0.143%	$240K	$768K	10x	as long as short
MEXC SOXL_USDT	+0.0094%	8h	146.63	−0.095%	$14.0M	$46.9M	200x	as long as short
Extended SOXL-USD	+0.0096%	1h	146.63	−0.098%	$25K	$318K	10x	as long as short
Binance SOXLUSDT	+0.0099%	8h	146.72	−0.035%	$176.5M	$1.20B	50x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	146.43	−0.232%	$7.0M	$10.6M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	146.40	−0.252%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.67	−0.068%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.29	−0.330%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.50	−0.184%	$1.1M	$2.2M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0227%	1h	146.68	−0.061%	$119K	$276K	10x	as long as short
HTX SOXL-USDTshort	+0.0271%	8h	146.69	−0.055%	$184K	$592K	50x
edgeX SOXLUSDC	+0.0377%	4h	146.33	−0.298%	$182K	$322K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0425%	1h	146.50	−0.184%	$89K	$309K	20x	as long as short
Bybit SOXLUSDT	+0.0515%	8h	146.85	+0.055%	$52.8M	$179.3M	100x	as long as short
tradeXYZ xyz:SOXL	+0.0578%	1h	146.61	−0.109%	$26.7M	$20.8M	10x	as long as short
GRVT SOXL_USDT_Perp	+0.0878%	8h	146.31	−0.313%	$72K	$160K	10x	as long as short
Polymarket Perps SOXL-USD	+0.1013%	1h	146.74	−0.020%	$5K	$266K	10x	as long as short