Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.194%
Price spread now: OKX against Phemex−0.014%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1061.059% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.014%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.025% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 143.35 | 0 | get 0.0000% / 8h | 1h 23m | $2.5M | $1.2M | 10x |
| Short | OKX SOXL-USDT-SWAP | 143.33 | 0 | get 0.0000% / 8h | 1h 23m | $25.0M | $187.7M | 20x |
Phemex SOXLUSDT
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.014% → −0.039%
- $2.48
- Slippage, 4 orders
- −$83.92
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.44
- Costs to cover
- 1.059%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; OKX: live order book, 5 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 | 4.18 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.35 bp | 5.8 bp −$6 | 7.7 bp −$77 | 22.7 bp −$2,273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0014% | 8h | 143.50 | +0.105% | $1.2M | $507K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 143.37 | +0.014% | $214K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 143.33 | −0.012% | $25K | $336K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 143.36 | +0.009% | $166.5M | $1.20B | 50x | as long as short |
| OKX SOXL-USDT-SWAPshort | 0.0000% | 8h | 143.33 | −0.014% | $25.0M | $187.7M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 143.34 | −0.007% | $25.8M | $40.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 143.32 | −0.021% | $15.8M | $46.1M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 143.33 | −0.014% | $59.4M | $110.5M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 143.51 | +0.110% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.51 | +0.113% | $71K | $187K | 10x | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
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 | 143.38 | +0.021% | $2K | $4.8M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 143.51 | +0.112% | $196K | $546K | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 143.35 | long leg | $2.5M | $1.2M | 10x | |
| edgeX SOXLUSDC | +0.0026% | 4h | 143.43 | +0.058% | $179K | $319K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 143.30 | −0.035% | $775K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 143.33 | −0.014% | $325K | $2.0M | 20x | as long as short |
| Bybit SOXLUSDT | +0.0034% | 8h | 143.36 | +0.007% | $50.4M | $183.5M | 100x | as long as short |
| QFEX SOXL-USD | +0.0038% | 1h | 143.37 | +0.014% | $305K | $259K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 143.28 | −0.049% | $25.7M | $23.4M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.44 | +0.063% | $214K | $897K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 143.36 | +0.007% | $6.8M | $11.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.40 | +0.035% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 143.37 | +0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 143.41 | +0.043% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0136% | 1h | 143.42 | +0.049% | $740K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0169% | 1h | 143.35 | 0.000% | $117K | $381K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0201% | 1h | 143.48 | +0.091% | $6K | $265K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0300% | 1h | 143.23 | −0.081% | $89K | $311K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Bybit SOXLUSDT
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
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD