Funding you earn now, next payment 06:00 UTC−0.0480%/8h= −52.6% APRpaid last 24h −0.065%
Price spread now: HTX against Polymarket Perps−0.253%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 6 days (all we have)−0.174%−$17 on $10k
+Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.253%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and HTX is 0.288% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.174% in total (about -11.4% a year). A funding rate is set anew for every payment. 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 | Polymarket Perps SOXL-USD | 138.13 | 0.0480 | pay 0.0060% / 1h | 25m 41s | $7K | $288K | 10x |
| Short | HTX SOXL-USDT | 137.78 | 0 | get 0.0000% / 8h | 2h 25m | $89K | $1.2M | 50x |
Polymarket Perps SOXL-USD
HTX SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Polymarket Perps. 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
- −$100.82
- Price spread: −0.253% → +0.035%
- −$28.84
- Slippage, 4 orders
- −$22.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$171.69
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 21 min ago; HTX: live order book, 3 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 Polymarket Perps live order book, 21 min ago | 3.56 bp | 7.6 bp −$8 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 6.89 bp | 12.9 bp −$13 | 14.0 bp −$140 | 40.6 bp −$4,063 | 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 | −0.2350% | 8h | 138.42 | +0.210% | $59.2M | $133.3M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.23 | +0.070% | $202K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.21 | +0.061% | $32K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.36 | +0.168% | $164.6M | $1.40B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.43 | +0.217% | $46.5M | $222.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.48 | +0.253% | $26.5M | $215.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.20 | +0.051% | $27.8M | $48.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.22 | +0.065% | $15.4M | $53.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.14 | +0.009% | $1.9M | $5.3M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.40 | +0.195% | $66K | $199K | 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 | 138.15 | +0.014% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDTshort | 0.0000% | 8h | 137.78 | −0.253% | $89K | $1.2M | 50x | |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.12 | −0.007% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0009% | 8h | 137.89 | −0.174% | $1.3M | $463K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.12 | −0.007% | $264K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.05 | −0.058% | $22.4M | $28.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.38 | +0.181% | $203K | $488K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 138.28 | +0.109% | $256K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0056% | 1h | 138.14 | +0.007% | $674K | $2.3M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.16 | +0.022% | $6.6M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 137.94 | −0.138% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.98 | −0.109% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.01 | −0.088% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 138.00 | −0.094% | $952K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0301% | 4h | 137.86 | −0.193% | $172K | $328K | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0480% | 1h | 138.13 | long leg | $7K | $288K | 10x | |
| Kraken Futures PF_SOXLUSD | +0.0662% | 1h | 138.12 | −0.008% | $83K | $295K | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0983% | 1h | 138.05 | −0.058% | $107K | $337K | 10x | as long as short |
SunX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
Deribit SOXL_USDC-PERPETUAL