Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.008%
Price spread now: QFEX against Phemex+0.122%7-day average −0.035% · 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−$99as in the Price arb table
costs, in and out, $10k−$1151.145% of the position
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.122%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.157% dearer against Phemex than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 138.96 | 0 | get 0.0000% / 8h | 1h 18m | $2.3M | $1.2M | 10x |
| Short | QFEX SOXL-USD | 139.13 | 0.0046 | get 0.0006% / 1h | 18m 30s | $257K | $266K | 30x |
Phemex SOXLUSDT
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $9.59
- Price spread: +0.122% → −0.035%
- $15.74
- Slippage, 4 orders
- −$92.52
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$89.19
- Costs to cover
- 1.145%
- Break-even
- 72.1 days
Slippage from Phemex: live order book, 5 min ago; QFEX: 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, 5 min ago | 1.08 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 1 min ago | 2.52 bp | 7.6 bp −$8 | 9.2 bp −$92 | 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 | −0.2418% | 8h | 139.26 | +0.216% | $60.6M | $139.9M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0029% | 8h | 138.97 | +0.007% | $1.3M | $468K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.28 | +0.233% | $205K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.12 | +0.115% | $42K | $340K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.31 | +0.249% | $164.1M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.35 | +0.281% | $46.2M | $230.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.40 | +0.317% | $26.5M | $227.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.32 | +0.259% | $28.3M | $50.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.23 | +0.194% | $16.9M | $55.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.00 | +0.029% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit 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 | 139.16 | +0.144% | $65K | $203K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.93 | −0.022% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.09 | +0.094% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 138.96 | long leg | $2.3M | $1.2M | 10x | |
| Lighter SOXL | +0.0032% | 1h | 139.14 | +0.130% | $687K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.16 | +0.144% | $268K | $1.7M | 20x | as long as short |
| QFEX SOXL-USDshort | +0.0046% | 1h | 139.13 | +0.122% | $257K | $266K | 30x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.16 | +0.144% | $21.3M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.99 | +0.022% | $212K | $482K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.12 | +0.115% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.08 | +0.086% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.35 | +0.281% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.89 | −0.049% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0110% | 1h | 138.94 | −0.014% | $108K | $364K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.02 | +0.043% | $951K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0257% | 1h | 139.23 | +0.194% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0433% | 1h | 138.79 | −0.123% | $81K | $299K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0622% | 4h | 138.95 | −0.010% | $173K | $330K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC