Funding you earn now, next payment 08:00 UTC−0.1377%/8h= −150.8% APRnext payment −$13.77 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against Binance+0.122%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.122%, 7d avg −0.042%
=The price spread pays, funding is against you. Bitget is 0.163% dearer against Binance than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.042%): +$16 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 7 days funding on this pair paid +0.320%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.320% in total (about 16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.77 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 | Binance SOXLUSDT | 139.82 | 0 | get 0.0000% / 8h | 3h 07m | $163.7M | $1.33B | 50x |
| Short | Bitget SOXLUSDT | 139.99 | −0.1377 | pay 0.1377% / 8h | 3h 07m | $59.6M | $124.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$289.17
- Price spread: +0.122% → −0.042%
- $16.32
- Slippage, 4 orders
- −$2.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$297.19
- Costs to cover
- 0.243%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 2 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 Binance live order book, 7 min ago | 0.35 bp | 5.7 bp −$6 | 6.9 bp −$69 | 18.5 bp −$1,855 | 97.2 bp −$48.6K |
| Sell Bitget live order book, 2 min ago | 0.36 bp | 6.4 bp −$6 | 11.0 bp −$110 | 33.4 bp −$3,343 | 49.3 bp −$24.6K |
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 SOXLUSDTshort | −0.1377% | 8h | 139.99 | +0.122% | $59.6M | $124.4M | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 139.85 | +0.019% | $208K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.94 | +0.084% | $33K | $258K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 139.82 | long leg | $163.7M | $1.33B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.95 | +0.093% | $47.2M | $209.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.91 | +0.064% | $25.1M | $204.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.93 | +0.079% | $25.9M | $45.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.75 | −0.050% | $14.2M | $51.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.98 | +0.114% | $2.2M | $5.0M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.78 | −0.028% | $67K | $188K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 139.93 | +0.079% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.72 | −0.072% | $115K | $888K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.92 | +0.072% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 139.91 | +0.064% | $258K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0014% | 8h | 139.82 | 0.000% | $1.2M | $469K | 50x | as long as short |
| edgeX SOXLUSDC | +0.0028% | 4h | 139.86 | +0.027% | $174K | $328K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.84 | +0.014% | $686K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.85 | +0.021% | $259K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.30 | +0.343% | $206K | $499K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 139.87 | +0.037% | $82K | $295K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0066% | 1h | 139.69 | −0.093% | $24.9M | $23.6M | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.97 | +0.107% | $6.7M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.67 | −0.107% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.90 | +0.057% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.92 | +0.074% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 140.26 | +0.315% | $887K | $2.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0420% | 1h | 140.07 | +0.179% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0608% | 1h | 139.96 | +0.100% | $109K | $333K | 10x | as long as short |
Binance SOXLUSDT
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL