Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.019%
Price spread now: tradeXYZ against Phemex+0.057%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.057%, 7d avg −0.059%
=Together, before fees+0.132%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.116% dearer against Phemex than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 140.28 | 0 | get 0.0000% / 8h | 2h 07m | $2.3M | $1.2M | 10x |
| Short | tradeXYZ xyz:SOXL | 140.36 | 0.0050 | get 0.0006% / 1h | 7m 45s | $22.2M | $29.3M | 10x |
Phemex SOXLUSDT
tradeXYZ xyz:SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.057% → −0.059%
- $11.59
- Slippage, 4 orders
- −$88.73
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$96.65
- Costs to cover
- 1.187%
- Break-even
- 71.4 days
Slippage from Phemex: live order book, 6 min ago; tradeXYZ: live order book, 12 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 | 3.94 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.36 bp | 9.7 bp −$10 | 13.9 bp −$139 | 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 | −0.2256% | 8h | 140.40 | +0.086% | $60.4M | $135.8M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.45 | +0.122% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.30 | +0.016% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.46 | +0.127% | $166.5M | $1.43B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.37 | +0.064% | $46.8M | $225.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.38 | +0.071% | $26.7M | $223.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.35 | +0.050% | $28.1M | $49.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.35 | +0.050% | $16.9M | $54.6M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | −0.021% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.30 | +0.014% | $64K | $202K | 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 | 140.27 | −0.007% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 140.26 | −0.014% | $109K | $339K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.64 | +0.257% | $93K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 140.28 | long leg | $2.3M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0017% | 8h | 140.43 | +0.107% | $1.3M | $472K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.46 | +0.128% | $690K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.42 | +0.100% | $271K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXLshort | +0.0050% | 1h | 140.36 | +0.057% | $22.2M | $29.3M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.27 | −0.007% | $219K | $508K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.28 | 0.000% | $259K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.34 | +0.043% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.24 | −0.029% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.27 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.25 | −0.018% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.40 | +0.086% | $966K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0465% | 1h | 140.34 | +0.043% | $8K | $291K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0652% | 1h | 140.19 | −0.065% | $83K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0682% | 4h | 140.28 | −0.002% | $175K | $329K | 10x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
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