Funding you earn now, next payment 08:00 UTC+0.0445%/8h= +48.8% APRnext payment +$0.56 per $10,000 · paid last 24h +0.011%
Price spread now: ApeX Omni against tradeXYZ+0.288%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$960.963% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.288%, 7d avg +0.015%
=Together, before fees+0.121%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and ApeX Omni is 0.274% dearer against tradeXYZ than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.015%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 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 | tradeXYZ xyz:SOXL | 138.78 | −0.0345 | get 0.0043% / 1h | 59m 14s | $20.9M | $30.6M | 10x |
| Short | ApeX Omni SOXLUSDT | 139.18 | 0.0100 | get 0.0013% / 1h | 59m 14s | $36K | $143K | 50x |
tradeXYZ xyz:SOXL
ApeX Omni SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- $93.54
- Price spread: +0.288% → +0.015%
- $27.37
- Slippage, 4 orders
- −$68.35
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $24.57
- Costs to cover
- 0.963%
- Break-even
- 5.2 days
Slippage from tradeXYZ: live order book, 10 min ago; ApeX Omni: live order book, 37 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 tradeXYZ live order book, 10 min ago | 0.36 bp | 9.4 bp −$9 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 28.14 bp | 39.2 bp −$39 | 211.0 bp −$2,110 | 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 | −0.1766% | 8h | 138.76 | −0.014% | $60.4M | $140.3M | 20x | as long as short |
| tradeXYZ xyz:SOXLlong | −0.0345% | 1h | 138.78 | long leg | $20.9M | $30.6M | 10x | |
| Kraken Futures PF_SOXLUSD | −0.0120% | 1h | 138.70 | −0.058% | $73K | $317K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.96 | +0.129% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.95 | +0.126% | $51K | $355K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.91 | +0.092% | $163.3M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.96 | +0.130% | $46.1M | $224.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.95 | +0.122% | $26.0M | $228.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.90 | +0.086% | $27.8M | $49.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.95 | +0.122% | $14.6M | $55.1M | 200x | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
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 | 139.12 | +0.242% | $1.9M | $5.5M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.14 | +0.259% | $64K | $200K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.86 | +0.058% | $1K | $4.1M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.87 | +0.065% | $87K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.80 | +0.014% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0029% | 8h | 138.78 | 0.000% | $1.3M | $471K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.79 | +0.007% | $680K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.81 | +0.022% | $253K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.94 | +0.115% | $257K | $264K | 30x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0038% | 1h | 139.03 | +0.180% | $115K | $367K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.00 | +0.159% | $9K | $292K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.24 | +0.331% | $212K | $458K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.27 | +0.353% | $6.5M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDTshort | +0.0100% | 1h | 139.18 | +0.288% | $36K | $143K | 50x | |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.01 | +0.166% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.02 | +0.169% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 139.02 | +0.173% | $954K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0450% | 4h | 139.25 | +0.336% | $173K | $332K | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC