Funding you earn now, next payment 06:00 UTC+0.3330%/8h= +364.6% APRpaid last 24h +0.006%
Price spread now: Deribit against Bitget−0.058%7-day average +0.023% · 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−$44as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 4 days (all we have)−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.058%, 7d avg +0.023%
=Funding pays, the price is against you. Deribit is 0.081% cheaper against Bitget than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.023%). If the spread goes back, that is −$8 on $10k: about 2 hours of funding at the current rate (+$100 a day). Mind the row above: over the last 4 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.054% in total (about -5.0% a year). A funding rate is set anew for every payment. 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 | Bitget SOXLUSDT | 138.46 | −0.2350 | get 0.2350% / 8h | 2h 25m | $59.2M | $133.4M | 20x |
| Short | Deribit SOXL_USDC-PERPETUAL | 138.38 | 0.0980 | get 0.0123% / 1h | 25m 16s | $108K | $337K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- $699.31
- Price spread: −0.058% → +0.023%
- −$8.12
- Slippage, 4 orders
- −$16.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $655.77
- Costs to cover
- 0.354%
- Break-even
- 0.4 days
Slippage from Bitget: live order book, 4 min ago; Deribit: live order book, 23 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 Bitget live order book, 4 min ago | 0.72 bp | 7.8 bp −$8 | 12.4 bp −$124 | 40.9 bp −$4,092 | doesn't fit |
| Sell Deribit live order book, 23 min ago | 3.90 bp | 7.4 bp −$7 | 11.0 bp −$110 | 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 SOXLUSDTlong | −0.2350% | 8h | 138.46 | long leg | $59.2M | $133.4M | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 138.15 | −0.224% | $202K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.31 | −0.112% | $32K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.17 | −0.209% | $164.4M | $1.40B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.13 | −0.238% | $46.4M | $222.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.11 | −0.253% | $26.5M | $215.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.30 | −0.116% | $27.8M | $48.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.16 | −0.217% | $15.5M | $53.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.14 | −0.230% | $1.9M | $5.3M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.40 | −0.043% | $66K | $199K | 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 | 138.36 | −0.072% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.46 | 0.000% | $90K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.24 | −0.159% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0007% | 8h | 138.36 | −0.072% | $1.3M | $465K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.27 | −0.137% | $264K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.19 | −0.195% | $22.4M | $28.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.38 | −0.058% | $203K | $488K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 138.28 | −0.130% | $256K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0056% | 1h | 138.25 | −0.152% | $675K | $2.3M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.36 | −0.072% | $6.6M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 137.94 | −0.376% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.19 | −0.195% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.22 | −0.173% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 138.49 | +0.022% | $959K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0301% | 4h | 137.86 | −0.431% | $172K | $328K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0488% | 1h | 138.49 | +0.022% | $7K | $288K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0661% | 1h | 138.33 | −0.097% | $83K | $295K | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0980% | 1h | 138.38 | −0.058% | $108K | $337K | 10x |
Bitget SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
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
Lighter RH SOXL
tradeXYZ xyz:SOXL
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD