Funding you earn now, next payment 03:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h +0.034%
Price spread now: Deribit against Binance−0.033%7-day average −0.002% · 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−$38as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 4 days (all we have)−0.180%−$18 on $10k
+Price spread, last 2 days (all we have)+0.021%+$2 · spread now −0.033%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.031% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 145.01 | 0.0117 | pay 0.0117% / 8h | 5h 47m | $169.2M | $1.23B | 50x |
| Short | Deribit SOXL_USDC-PERPETUAL | 144.96 | 0 | get 0.0000% / 1h | 47m 44s | $117K | $286K | 10x |
Binance SOXLUSDT
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$24.62
- Price spread: −0.033% → −0.002%
- −$3.1
- Slippage, 4 orders
- −$17.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$62.32
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Deribit: live order book, 16 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, 11 min ago | 0.34 bp | 5.9 bp −$6 | 7.3 bp −$73 | 17.6 bp −$1,760 | 82.3 bp −$41.1K |
| Sell Deribit live order book, 16 min ago | 5.18 bp | 8.7 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
SOXL on 27 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 | 145.01 | +0.002% | $247K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.02 | +0.008% | $52.0M | $185.0M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.97 | −0.026% | $27.1M | $42.3M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.96 | −0.033% | $60.1M | $111.9M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.29 | +0.194% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.87 | −0.095% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | 0.0000% | 1h | 144.96 | −0.033% | $117K | $286K | 10x | |
| HTX SOXL-USDT | 0.0000% | 8h | 144.96 | −0.033% | $184K | $568K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.02 | +0.008% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.95 | −0.040% | $268K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXL-USDT-SWAP | +0.0009% | 8h | 144.94 | −0.047% | $24.7M | $191.5M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 144.91 | −0.069% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 144.95 | −0.040% | $810K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.96 | −0.033% | $358K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.97 | −0.026% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.99 | −0.013% | $207K | $611K | 10x | as long as short |
| Variational Omni SOXL | +0.0084% | 8h | 145.23 | +0.151% | $2.4M | $4.8M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.06 | +0.036% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.24 | +0.160% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.94 | −0.047% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.93 | −0.055% | $6K | — | 10x | as long as short |
| Binance SOXLUSDTlong | +0.0117% | 8h | 145.01 | long leg | $169.2M | $1.23B | 50x | |
| MEXC SOXL_USDT | +0.0118% | 8h | 144.99 | −0.013% | $15.1M | $48.8M | 200x | as long as short |
| Extended SOXL-USD | +0.0120% | 1h | 144.97 | −0.023% | $25K | $241K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.41 | +0.277% | $804K | $2.5M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0260% | 1h | 145.08 | +0.050% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0671% | 4h | 145.24 | +0.163% | $181K | $324K | 10x | as long as short |
OKX SOXL-USDT-SWAP
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Variational Omni SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
MEXC SOXL_USDT
Extended SOXL-USD
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC