Funding you earn now, next payment 02:00 UTC+0.0156%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.032%
Price spread now: Coinbase International against QFEX−0.048%7-day average +0.012% · 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−$37as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 4 days (all we have)+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.048%, 7d avg +0.012%
=Funding pays, the price is against you. Coinbase International is 0.060% cheaper against QFEX than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.012%). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SOXL-USD | 145.30 | 0.0004 | pay 0.0001% / 1h | 30m 00s | $269K | $271K | 30x |
| Short | Coinbase International SOXL-PERP-INTX | 145.23 | 0.0160 | get 0.0020% / 1h | 30m 00s | $817K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against QFEX. 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
- $32.66
- Price spread: −0.048% → +0.012%
- −$5.98
- Slippage, 4 orders
- −$10.67
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$4
- Costs to cover
- 0.307%
- Break-even
- 7.9 days
Slippage from QFEX: live order book, 10 min ago; Coinbase International: live order book, 4 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 QFEX live order book, 10 min ago | 1.38 bp | 6.7 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.78 bp | 8.8 bp −$9 | 13.4 bp −$134 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.27 | −0.021% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.26 | −0.028% | $52.1M | $184.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.23 | −0.048% | $24.8M | $192.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.27 | −0.021% | $27.2M | $42.5M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.25 | −0.034% | $60.3M | $111.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.49 | +0.128% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.34 | +0.028% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.47 | +0.117% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.29 | −0.007% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USDlong | +0.0004% | 1h | 145.30 | long leg | $269K | $271K | 30x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.21 | −0.060% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.24 | −0.041% | $812K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.30 | 0.000% | $359K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0050% | 8h | 145.40 | +0.066% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.20 | −0.069% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.44 | +0.096% | $207K | $598K | 10x | as long as short |
| Extended SOXL-USD | +0.0088% | 1h | 145.19 | −0.076% | $24K | $244K | 10x | as long as short |
| Binance SOXLUSDT | +0.0088% | 8h | 145.22 | −0.055% | $169.3M | $1.23B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0089% | 8h | 145.22 | −0.055% | $15.3M | $49.0M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0097% | 8h | 145.41 | +0.076% | $1.2M | $480K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.27 | −0.021% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.34 | +0.028% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.29 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.28 | −0.015% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0160% | 1h | 145.23 | −0.048% | $817K | $2.4M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0163% | 1h | 145.30 | 0.000% | $116K | $277K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0248% | 1h | 145.42 | +0.083% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0707% | 4h | 145.44 | +0.099% | $181K | $326K | 10x | as long as short |
Coinbase International SOXL-PERP-INTX
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC