SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0728%/8h= +79.7% APRnext payment +$7.28 per $10,000 · paid last 24h −0.001%

Price spread now: GRVT against Variational Omni+0.186%104s7-day average +0.016% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.186%, 7d avg +0.016%

Together, before fees−0.059%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and GRVT is 0.170% dearer against Variational Omni than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.011% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.28 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	Variational Omni SOXL	145.81	0.0118	pay 0.0118% / 8h	7h 35m	$2.3M	$4.9M	—
Short	GRVT SOXL_USDT_Perp	146.08	0.0846	get 0.0846% / 8h	7h 35m	$71K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee GRVTbpOrdersPrice spread, now +0.186%Rate

Funding earned: $152.9
Price spread: +0.186% → +0.016%: $16.99
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $160.88
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; GRVT: live order book, 36 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 3 min ago	2.39 bp	doesn't fit	5.1 bp −$51	doesn't fit	doesn't fit
Sell GRVT live order book, 36 min ago	44.65 bp	1329.3 bp −$1,329	doesn't fit	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	145.69	−0.082%	$218K	$1.6M	50x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.76	−0.036%	$28.0M	$38.8M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.94	+0.088%	$2K	$4.5M	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.86	+0.033%	$2.5M	$1.2M	10x	as long as short
Lighter SOXL	+0.0032%	1h	145.76	−0.036%	$810K	$2.6M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.88	+0.046%	$345K	$1.8M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	145.48	−0.228%	$241K	$762K	10x	as long as short
QFEX SOXL-USD	+0.0070%	1h	145.85	+0.026%	$270K	$271K	30x	as long as short
OKX SOXL-USDT-SWAP	+0.0076%	8h	145.66	−0.105%	$25.4M	$185.2M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.83	+0.012%	$7.0M	$10.5M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SOXLUSDT	+0.0100%	1h	145.87	+0.040%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.85	+0.026%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.80	−0.012%	$6K	—	10x	as long as short
Variational Omni SOXLlong	+0.0118%	8h	145.81	long leg	$2.3M	$4.9M	—
MEXC SOXL_USDT	+0.0148%	8h	145.71	−0.070%	$13.4M	$47.2M	200x	as long as short
Binance SOXLUSDT	+0.0152%	8h	145.77	−0.029%	$171.5M	$1.20B	50x	as long as short
Extended SOXL-USD	+0.0152%	1h	145.79	−0.016%	$25K	$318K	10x	as long as short
BloFin SOXL-USDT	+0.0155%	8h	146.04	+0.156%	$1.2M	$494K	50x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.16	+0.238%	$1.1M	$2.2M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0230%	1h	145.83	+0.012%	$119K	$276K	10x	as long as short
Bybit SOXLUSDT	+0.0272%	8h	145.80	−0.009%	$52.6M	$180.0M	100x	as long as short
HTX SOXL-USDT	+0.0275%	8h	146.07	+0.177%	$184K	$626K	50x	as long as short
edgeX SOXLUSDC	+0.0283%	4h	146.12	+0.209%	$182K	$321K	10x	as long as short
Bitget SOXLUSDT	+0.0291%	8h	145.67	−0.098%	$61.7M	$110.5M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0307%	1h	145.76	−0.036%	$26.4M	$20.9M	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0426%	1h	145.93	+0.083%	$88K	$304K	20x	as long as short
Polymarket Perps SOXL-USD	+0.0705%	1h	145.98	+0.115%	$5K	$266K	10x	as long as short
GRVT SOXL_USDT_Perpshort	+0.0846%	8h	146.08	+0.186%	$71K	$159K	10x