Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Phemex against Binance+0.071%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1041.036% of the position
Funding, last 7 days−0.279%−$28 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.071%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 140.56 | 0 | get 0.0000% / 8h | 3h 04m | $164.6M | $1.33B | 50x |
| Short | Phemex SOXLUSDT | 140.66 | 0 | get 0.0000% / 8h | 3h 04m | $2.4M | $1.2M | 10x |
Binance SOXLUSDT
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.071% → +0.051%
- $2.03
- Slippage, 4 orders
- −$81.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$101.62
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Phemex: live order book, 4 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, 10 min ago | 0.35 bp | 5.7 bp −$6 | 6.9 bp −$69 | 18.5 bp −$1,855 | 97.2 bp −$48.6K |
| Sell Phemex live order book, 4 min ago | 2.50 bp | 41.3 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1460% | 8h | 140.68 | +0.085% | $60.2M | $125.4M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0019% | 8h | 140.46 | −0.071% | $1.2M | $471K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.56 | +0.003% | $209K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.58 | +0.017% | $34K | $278K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 140.56 | long leg | $164.6M | $1.33B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.56 | 0.000% | $47.4M | $211.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.57 | +0.007% | $25.3M | $205.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.64 | +0.057% | $25.8M | $46.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.62 | +0.043% | $14.3M | $51.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.66 | +0.071% | $2.2M | $5.0M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.08 | −0.343% | $66K | $189K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.64 | +0.057% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.22 | −0.242% | $136K | $959K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 140.66 | +0.071% | $2.4M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0004% | 1h | 140.55 | −0.007% | $260K | $266K | 30x | as long as short |
| edgeX SOXLUSDC | +0.0028% | 4h | 139.86 | −0.499% | $174K | $328K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.63 | +0.050% | $690K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.62 | +0.043% | $261K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.54 | −0.014% | $206K | $499K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 140.50 | −0.040% | $83K | $292K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0071% | 1h | 140.60 | +0.028% | $25.1M | $23.7M | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.56 | 0.000% | $6.7M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.12 | −0.313% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.57 | +0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.54 | −0.015% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 140.48 | −0.057% | $892K | $2.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0431% | 1h | 140.74 | +0.128% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0462% | 1h | 140.52 | −0.028% | $109K | $333K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
QFEX SOXL-USD
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL