Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.80 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against Bybit−0.028%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$130.132% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.028%, 7d avg +0.021%
=Funding pays, the price is against you. MEXC is 0.049% cheaper against Bybit than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.021%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.017% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 145.18 | 0 | get 0.0000% / 8h | 5h 23m | $52.1M | $184.8M | 100x |
| Short | MEXC SOXL_USDT | 145.14 | 0.0080 | get 0.0080% / 8h | 5h 23m | $15.3M | $49.0M | 200x |
Bybit SOXLUSDT
MEXC SOXL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $16.8
- Price spread: −0.028% → +0.021%
- −$4.87
- Slippage, 4 orders
- −$2.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1.24
- Costs to cover
- 0.132%
- Break-even
- 7.5 days
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 0.34 bp | 6.1 bp −$6 | 9.1 bp −$91 | 64.7 bp −$6,472 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.34 bp | 0.3 bp $0 | 0.7 bp −$7 | 3.9 bp −$394 | 48.1 bp −$24.1K |
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 | 145.13 | −0.037% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 145.18 | long leg | $52.1M | $184.8M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.09 | −0.062% | $24.7M | $191.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.12 | −0.041% | $27.2M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.12 | −0.041% | $60.1M | $111.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | −0.110% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.11 | −0.048% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.91 | −0.186% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.11 | −0.048% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.93 | −0.172% | $268K | $271K | 30x | as long as short |
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.09 | −0.061% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.10 | −0.055% | $795K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.12 | −0.041% | $316K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | −0.086% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.06 | −0.083% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.93 | −0.172% | $207K | $581K | 10x | as long as short |
| Binance SOXLUSDT | +0.0077% | 8h | 145.12 | −0.041% | $169.2M | $1.23B | 50x | as long as short |
| Extended SOXL-USD | +0.0080% | 1h | 145.10 | −0.055% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDTshort | +0.0080% | 8h | 145.14 | −0.028% | $15.3M | $49.0M | 200x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0095% | 1h | 145.11 | −0.048% | $115K | $280K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.15 | −0.021% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.04 | −0.096% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.06 | −0.083% | $1K | $5K | 20x | as long as short |
| BloFin SOXL-USDT | +0.0103% | 8h | 144.96 | −0.152% | $1.2M | $478K | 50x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.03 | −0.105% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.03 | −0.103% | $816K | $2.4M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0248% | 1h | 145.13 | −0.034% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0922% | 4h | 145.00 | −0.121% | $181K | $324K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
Extended SOXL-USD
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
BloFin SOXL-USDT
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC