Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against Phemex−0.170%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$850.850% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.170%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.216% cheaper against Phemex than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 141.56 | 0 | get 0.0000% / 8h | 5h 45m | $2.3M | $1.2M | 10x |
| Short | MEXC SOXL_USDT | 141.32 | 0 | get 0.0000% / 8h | 5h 45m | $19.2M | $60.6M | 200x |
Phemex SOXLUSDT
MEXC SOXL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.170% → +0.047%
- −$21.63
- Slippage, 4 orders
- −$73.05
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$106.68
- Costs to cover
- 0.850%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago | 1.05 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.35 bp | 0.4 bp $0 | 0.7 bp −$7 | 2.3 bp −$227 | 10.3 bp −$5,152 |
SOXL on 28 exchanges
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 | −0.0426% | 8h | 141.44 | −0.085% | $59.6M | $162.9M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | −0.0174% | 1h | 141.59 | +0.021% | $115K | $381K | 10x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.50 | −0.044% | $181K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.38 | −0.126% | $41K | $445K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.47 | −0.064% | $162.7M | $1.65B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.39 | −0.120% | $45.4M | $231.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.43 | −0.092% | $25.2M | $261.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.44 | −0.085% | $28.2M | $59.9M | 50x | as long as short |
| MEXC SOXL_USDTshort | 0.0000% | 8h | 141.32 | −0.170% | $19.2M | $60.6M | 200x | |
| Variational Omni SOXL | 0.0000% | 8h | 142.12 | +0.395% | $1.9M | $5.6M | — | as long as short |
Bitget SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Variational Omni SOXLShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.36 | +0.567% | $67K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 141.66 | +0.071% | $1K | $3.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.82 | +0.184% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 141.56 | long leg | $2.3M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0014% | 8h | 141.94 | +0.268% | $1.3M | $508K | 50x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 141.68 | +0.085% | $262K | $257K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.38 | −0.127% | $679K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.45 | −0.078% | $262K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.38 | −0.127% | $22.0M | $33.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 141.67 | +0.078% | $12K | $292K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.85 | +0.205% | $206K | $399K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.40 | −0.113% | $6.4M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 142.05 | +0.346% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.66 | +0.071% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.66 | +0.068% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 142.21 | +0.459% | $827K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0512% | 1h | 141.31 | −0.178% | $88K | $380K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0839% | 4h | 142.03 | +0.329% | $177K | $334K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC