Funding you earn now, next payment 00:00 UTC−0.0283%/8h= −30.9% APRpaid last 24h +0.058%
Price spread now: Coinbase International against Bybit+0.020%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.020%, 7d avg −0.018%
=The price spread pays, funding is against you. Coinbase International is 0.039% dearer against Bybit than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.018%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.219%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 146.65 | 0.0491 | pay 0.0491% / 8h | 7h 46m | $52.7M | $179.2M | 100x |
| Short | Coinbase International SOXL-PERP-INTX | 146.68 | 0.0208 | get 0.0026% / 1h | 46m 05s | $1.1M | $2.2M | 10x |
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$59.35
- Price spread: +0.020% → −0.018%
- $3.87
- Slippage, 4 orders
- −$10.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$86.83
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Coinbase International: live order book, 3 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 | 6.8 bp −$7 | 11.0 bp −$110 | 71.8 bp −$7,185 | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 3.75 bp | 8.8 bp −$9 | 12.4 bp −$124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 146.39 | −0.176% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.59 | −0.041% | $28.1M | $38.5M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.61 | −0.027% | $1K | $4.6M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.63 | −0.014% | $2.5M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.57 | −0.055% | $813K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.66 | +0.007% | $347K | $1.8M | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0067% | 8h | 146.61 | −0.027% | $25.7M | $186.0M | 20x | as long as short |
| QFEX SOXL-USD | +0.0070% | 1h | 146.67 | +0.014% | $271K | $271K | 30x | as long as short |
| Variational Omni SOXL | +0.0070% | 8h | 146.70 | +0.036% | $2.3M | $5.0M | — | as long as short |
| Ondo Perps SOXL-USD.P | +0.0071% | 1h | 146.56 | −0.061% | $242K | $768K | 10x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
OKX SOXL-USDT-SWAP
QFEX SOXL-USD
Variational Omni SOXL
Ondo Perps SOXL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | +0.0089% | 8h | 146.82 | +0.116% | $1.2M | $495K | 50x | as long as short |
| Bitget SOXLUSDT | +0.0095% | 8h | 146.60 | −0.034% | $62.2M | $109.8M | 20x | as long as short |
| MEXC SOXL_USDT | +0.0099% | 8h | 146.62 | −0.020% | $13.9M | $46.9M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.48 | −0.116% | $7.0M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.40 | −0.170% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.64 | −0.007% | $1K | $5K | 20x | as long as short |
| Binance SOXLUSDT | +0.0104% | 8h | 146.67 | +0.014% | $173.6M | $1.20B | 50x | as long as short |
| Extended SOXL-USD | +0.0104% | 1h | 146.62 | −0.021% | $25K | $318K | 10x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.59 | −0.039% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0208% | 1h | 146.68 | +0.020% | $1.1M | $2.2M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0296% | 1h | 146.64 | −0.007% | $119K | $276K | 10x | as long as short |
| HTX SOXL-USDT | +0.0296% | 8h | 146.80 | +0.102% | $185K | $592K | 50x | as long as short |
| edgeX SOXLUSDC | +0.0377% | 4h | 146.33 | −0.217% | $182K | $322K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0425% | 1h | 146.50 | −0.105% | $89K | $309K | 20x | as long as short |
| Bybit SOXLUSDTlong | +0.0491% | 8h | 146.65 | long leg | $52.7M | $179.2M | 100x | |
| tradeXYZ xyz:SOXL | +0.0529% | 1h | 146.56 | −0.061% | $26.7M | $20.9M | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0878% | 8h | 146.31 | −0.232% | $72K | $160K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0967% | 1h | 146.74 | +0.061% | $5K | $266K | 10x | as long as short |
BloFin SOXL-USDT
Bitget SOXLUSDT
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Binance SOXLUSDT
Extended SOXL-USD
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
GRVT SOXL_USDT_Perp
Polymarket Perps SOXL-USD