Funding you earn now, next payment 08:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against Bybit−0.041%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.041%, 7d avg +0.003%
=Funding pays, the price is against you. Binance is 0.044% cheaper against Bybit than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.003%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.014% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 145.08 | 0 | get 0.0000% / 8h | 5h 46m | $52.0M | $184.9M | 100x |
| Short | Binance SOXLUSDT | 145.02 | 0.0115 | get 0.0115% / 8h | 5h 46m | $169.2M | $1.23B | 50x |
Bybit SOXLUSDT
Binance SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $24.15
- Price spread: −0.041% → +0.003%
- −$4.39
- Slippage, 4 orders
- −$5.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.61
- Costs to cover
- 0.264%
- Break-even
- 8.9 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 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 Bybit live order book, 3 min ago | 0.34 bp | 6.0 bp −$6 | 8.7 bp −$87 | 70.8 bp −$7,076 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.34 bp | 5.3 bp −$5 | 6.3 bp −$63 | 17.9 bp −$1,787 | 77.4 bp −$38.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.06 | −0.015% | $247K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 145.08 | long leg | $52.0M | $184.9M | 100x | |
| Gate SOXL_USDT | 0.0000% | 8h | 145.06 | −0.014% | $27.2M | $42.3M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.01 | −0.048% | $60.2M | $112.0M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.29 | +0.145% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.07 | −0.007% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.01 | −0.048% | $116K | $271K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.96 | −0.083% | $184K | $568K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.03 | −0.034% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.01 | −0.048% | $268K | $271K | 30x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXL-USDT-SWAP | +0.0005% | 8h | 145.00 | −0.055% | $24.7M | $191.6M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 144.90 | −0.125% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.00 | −0.055% | $811K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.05 | −0.021% | $358K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.04 | −0.028% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.99 | −0.062% | $207K | $611K | 10x | as long as short |
| Variational Omni SOXL | +0.0084% | 8h | 145.23 | +0.101% | $2.4M | $4.8M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.06 | −0.014% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.99 | −0.062% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.03 | −0.034% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.03 | −0.032% | $6K | — | 10x | as long as short |
| Extended SOXL-USD | +0.0112% | 1h | 145.01 | −0.051% | $24K | $246K | 10x | as long as short |
| Binance SOXLUSDTshort | +0.0115% | 8h | 145.02 | −0.041% | $169.2M | $1.23B | 50x | |
| MEXC SOXL_USDT | +0.0117% | 8h | 145.02 | −0.041% | $15.1M | $48.8M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0117% | 8h | 145.07 | −0.007% | — | $480K | 50x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.41 | +0.227% | $804K | $2.5M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0244% | 1h | 145.18 | +0.069% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0587% | 4h | 144.96 | −0.085% | $181K | $325K | 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
Extended SOXL-USD
MEXC SOXL_USDT
BloFin SOXL-USDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC