Funding you earn now, next payment 09:00 UTC+0.0384%/8h= +42.1% APRnext payment +$0.48 per $10,000 · paid last 24h +0.034%
Price spread now: Deribit against QFEX−0.007%7-day average +0.010% · 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−$46as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 4 days (all we have)+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now −0.007%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.100% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 per $10,000. 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 | QFEX SOXL-USD | 137.16 | 0.0022 | pay 0.0003% / 1h | 41m 06s | $253K | $264K | 30x |
| Short | Deribit SOXL_USDC-PERPETUAL | 137.15 | 0.0407 | get 0.0051% / 1h | 41m 06s | $109K | $387K | 10x |
QFEX SOXL-USD
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $80.71
- Price spread: −0.007% → +0.010%
- −$1.69
- Slippage, 4 orders
- −$27.42
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $34.6
- Costs to cover
- 0.444%
- Break-even
- 4.0 days
Slippage from QFEX: live order book, 34 min ago; Deribit: live order book, 58 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, 34 min ago | 2.16 bp | 7.3 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 58 min ago | 8.65 bp | 14.8 bp −$15 | 16.8 bp −$168 | 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 | −0.1632% | 8h | 137.08 | −0.058% | $58.6M | $145.1M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 137.12 | −0.032% | $77K | $317K | 20x | as long as short |
| BloFin SOXL-USDT | 0.0000% | 8h | 137.14 | −0.015% | $1.3M | $465K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.06 | −0.076% | $182K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.12 | −0.027% | $71K | $364K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.05 | −0.084% | $161.3M | $1.49B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 137.02 | −0.102% | $45.5M | $222.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.07 | −0.066% | $25.2M | $227.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.04 | −0.087% | $27.5M | $50.5M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.03 | −0.095% | $21.3M | $56.6M | 200x | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 137.39 | +0.169% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 137.37 | +0.153% | $63K | $194K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.17 | +0.007% | $1K | $3.9M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 137.28 | +0.087% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.13 | −0.022% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USDlong | +0.0022% | 1h | 137.16 | long leg | $253K | $264K | 30x | |
| Lighter SOXL | +0.0032% | 1h | 137.00 | −0.117% | $648K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 136.99 | −0.124% | $232K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0037% | 1h | 136.94 | −0.160% | $20.2M | $29.9M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 137.04 | −0.087% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 137.30 | +0.102% | $209K | $422K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.04 | −0.087% | $6.3M | $10.8M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.14 | +0.714% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.13 | −0.022% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.13 | −0.018% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.34 | +0.131% | $930K | $3.0M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0339% | 4h | 137.77 | +0.446% | $172K | $333K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0407% | 1h | 137.15 | −0.007% | $109K | $387K | 10x |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC