Funding you earn now, next payment 16:00 UTC+0.0308%/8h= +33.7% APRnext payment +$3.08 per $10,000 · paid last 24h +0.012%
Price spread now: Bybit against Aster−0.094%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.094%, 7d avg +0.011%
=Together, before fees−0.016%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.105% cheaper against Aster than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.011%). If the spread goes back, that is −$11 on $10k: about 27 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.015% in total) that is about 50 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 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 | Aster SOXLUSDT | 138.18 | 0 | get 0.0000% / 8h | 7h 17m | $186K | $1.6M | 50x |
| Short | Bybit SOXLUSDT | 138.05 | 0.0308 | get 0.0308% / 8h | 7h 17m | $46.7M | $224.8M | 100x |
Aster SOXLUSDT
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $64.63
- Price spread: −0.094% → +0.011%
- −$10.5
- Slippage, 4 orders
- −$15.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $19.75
- Costs to cover
- 0.344%
- Break-even
- 4.9 days
Slippage from Aster: live order book, 1 min ago; Bybit: live order book, 1 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 Aster live order book, 1 min ago | 1.81 bp | 9.6 bp −$10 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.73 bp | 7.0 bp −$7 | 11.1 bp −$111 | 89.3 bp −$8,931 | 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 | −0.1323% | 8h | 138.14 | −0.029% | $58.5M | $150.0M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 137.66 | −0.373% | $78K | $328K | 20x | as long as short |
| Aster SOXLUSDTlong | 0.0000% | 8h | 138.18 | long leg | $186K | $1.6M | 50x | |
| Extended SOXL-USD | 0.0000% | 1h | 138.06 | −0.090% | $41K | $384K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.10 | −0.058% | $162.3M | $1.53B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.01 | −0.123% | $26.6M | $237.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.05 | −0.094% | $29.7M | $54.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.05 | −0.094% | $13.5M | $58.0M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 137.42 | −0.554% | $1.8M | $5.5M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.66 | −0.376% | $1K | $3.9M | 10x | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
SunX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 137.73 | −0.326% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.83 | −0.253% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 138.15 | −0.022% | $255K | $264K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0024% | 8h | 137.63 | −0.398% | $1.3M | $496K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.07 | −0.080% | $255K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.05 | −0.094% | $20.9M | $31.3M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 137.57 | −0.441% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 137.53 | −0.470% | $215K | $402K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0066% | 4h | 137.55 | −0.453% | $171K | $333K | 10x | as long as short |
| Lighter SOXL | +0.0072% | 1h | 138.06 | −0.087% | $651K | $2.6M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.96 | −0.159% | $6.3M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.98 | −0.868% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.80 | −0.275% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.69 | −0.353% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.54 | −0.463% | $986K | $3.2M | 10x | as long as short |
| Bybit SOXLUSDTshort | +0.0308% | 8h | 138.05 | −0.094% | $46.7M | $224.8M | 100x | |
| GRVT SOXL_USDT_Perp | +0.0509% | 8h | 137.67 | −0.368% | $64K | $193K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0622% | 1h | 137.77 | −0.297% | $110K | $387K | 10x | as long as short |
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
edgeX SOXLUSDC
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
GRVT SOXL_USDT_Perp
Deribit SOXL_USDC-PERPETUAL