Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.059%
Price spread now: Polymarket Perps against Binance+0.239%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$2162.164% of the position
Funding, last 6 days (all we have)+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)−1.367%−$137 · spread now +0.239%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.256% dearer against Binance than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 140.67 | 0 | get 0.0000% / 8h | 6h 05m | $161.2M | $1.62B | 50x |
| Short | Polymarket Perps SOXL-USD | 141.01 | 0.0050 | get 0.0006% / 1h | 5m 20s | $9K | $291K | 10x |
Binance SOXLUSDT
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: +0.239% → −0.017%
- $25.6
- Slippage, 4 orders
- −$198.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$180.28
- Costs to cover
- 2.164%
- Break-even
- 127.2 days
Slippage from Binance: live order book, 2 min ago; Polymarket Perps: live order book, 45 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, 2 min ago | 0.36 bp | 5.4 bp −$5 | 5.9 bp −$59 | 16.7 bp −$1,674 | 64.4 bp −$32.2K |
| Sell Polymarket Perps live order book, 45 min ago | 2.89 bp | 96.7 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
SOXL on 28 exchanges
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 | −0.0574% | 8h | 140.75 | +0.054% | $59.5M | $157.7M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0010% | 8h | 140.70 | +0.019% | $1.3M | $507K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.69 | +0.014% | $183K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.72 | +0.034% | $54K | $401K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 140.67 | long leg | $161.2M | $1.62B | 50x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.76 | +0.061% | $26.7M | $254.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.96 | +0.204% | $29.4M | $57.5M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.92 | +0.175% | $26.0M | $61.0M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.60 | −0.051% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.61 | −0.045% | $66K | $195K | 10x | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 140.75 | +0.054% | $2K | $3.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 140.67 | −0.003% | $114K | $387K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.91 | +0.168% | $88K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.69 | +0.012% | $2.3M | $1.2M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0004% | 8h | 140.93 | +0.182% | $47.1M | $227.0M | 100x | as long as short |
| edgeX SOXLUSDC | +0.0025% | 4h | 139.81 | −0.612% | $174K | $334K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.78 | +0.076% | $667K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.66 | −0.010% | $270K | $1.8M | 20x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0050% | 1h | 141.01 | +0.239% | $9K | $291K | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.05 | −1.154% | $220K | $372K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0053% | 1h | 140.89 | +0.154% | $21.9M | $32.5M | 10x | as long as short |
| QFEX SOXL-USD | +0.0057% | 1h | 140.94 | +0.189% | $261K | $257K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.95 | +0.196% | $6.5M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.94 | −1.232% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.84 | +0.118% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.82 | +0.103% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 140.77 | +0.069% | $877K | $3.3M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0959% | 1h | 140.63 | −0.031% | $87K | $376K | 20x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Bybit SOXLUSDT
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
tradeXYZ xyz:SOXL
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD