Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%
Price spread now: tradeXYZ against Bybit−0.027%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.027%, 7d avg −0.073%
=Together, before fees−0.073%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.045% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 145.99 | 0 | get 0.0000% / 8h | 5h 00m | $52.3M | $185.6M | 100x |
| Short | tradeXYZ xyz:SOXL | 145.95 | 0.0050 | get 0.0006% / 1h | 0m 11s | $25.6M | $22.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.027% → −0.073%
- $4.51
- Slippage, 4 orders
- −$6.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$20.1
- Costs to cover
- 0.351%
- Break-even
- 20.4 days
Slippage from Bybit: live order book, 4 min ago; tradeXYZ: live order book, 9 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, 4 min ago | 0.34 bp | 6.9 bp −$7 | 10.3 bp −$103 | 53.1 bp −$5,311 | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.03 bp | 10.8 bp −$11 | 13.7 bp −$137 | 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 | 145.95 | −0.026% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 145.99 | long leg | $52.3M | $185.6M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.09 | +0.068% | $25.1M | $195.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.99 | 0.000% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.00 | +0.007% | $60.6M | $112.5M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.91 | −0.056% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.01 | +0.014% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | 0.000% | $184K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.00 | +0.007% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.99 | 0.000% | $270K | $266K | 30x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0010% | 8h | 146.03 | +0.024% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.91 | −0.057% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.00 | +0.007% | $739K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.97 | −0.014% | $277K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXLshort | +0.0050% | 1h | 145.95 | −0.027% | $25.6M | $22.9M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.055% | $208K | $550K | 10x | as long as short |
| Extended SOXL-USD | +0.0056% | 1h | 145.99 | −0.001% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0057% | 8h | 146.03 | +0.027% | $1.2M | $480K | 50x | as long as short |
| Binance SOXLUSDT | +0.0059% | 8h | 145.99 | +0.003% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0060% | 8h | 145.98 | −0.007% | $14.2M | $49.3M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.98 | −0.007% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.87 | −0.082% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.01 | +0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.00 | +0.010% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.062% | $921K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0161% | 1h | 146.06 | +0.048% | $116K | $280K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 146.12 | +0.089% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | +0.023% | $182K | $326K | 10x | as long as short |
Bybit SOXLUSDT
tradeXYZ xyz:SOXL
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Extended SOXL-USD
BloFin SOXL-USDT
Binance SOXLUSDT
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC