Funding you earn now, next payment 02:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.035%
Price spread now: Binance against Coinbase International−0.322%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 2 days (all we have)+0.353%+$35 · spread now −0.322%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.351% cheaper against Coinbase International than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 145.41 | 0.0160 | pay 0.0020% / 1h | 48m 29s | $804K | $2.5M | 10x |
| Short | Binance SOXLUSDT | 144.94 | 0.0118 | get 0.0118% / 8h | 5h 48m | $169.1M | $1.23B | 50x |
Coinbase International SOXL-PERP-INTX
Binance SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- −$8.77
- Price spread: −0.322% → +0.029%
- −$35.14
- Slippage, 4 orders
- −$11.62
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.53
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Binance: live order book, 11 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 Coinbase International live order book, 5 min ago | 5.16 bp | 10.2 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 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 27 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 | 144.88 | −0.367% | $246K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 144.99 | −0.289% | $51.9M | $184.9M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.94 | −0.323% | $27.1M | $42.2M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.95 | −0.316% | $60.1M | $111.9M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.29 | −0.083% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.07 | −0.234% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 144.92 | −0.337% | $117K | $286K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.96 | −0.309% | $184K | $568K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.88 | −0.364% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.88 | −0.364% | $268K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit 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 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SOXL-USDT-SWAP | +0.0009% | 8h | 144.93 | −0.330% | $24.7M | $191.5M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 144.92 | −0.339% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 144.82 | −0.406% | $810K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.89 | −0.358% | $358K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.85 | −0.385% | $25.3M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.05 | −0.248% | $207K | $612K | 10x | as long as short |
| Variational Omni SOXL | +0.0084% | 8h | 145.23 | −0.126% | $2.4M | $4.8M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.94 | −0.323% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.24 | −0.117% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.98 | −0.296% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.93 | −0.327% | $6K | — | 10x | as long as short |
| Binance SOXLUSDTshort | +0.0118% | 8h | 144.94 | −0.322% | $169.1M | $1.23B | 50x | |
| Extended SOXL-USD | +0.0120% | 1h | 144.88 | −0.367% | $25K | $241K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0121% | 8h | 144.92 | −0.337% | $15.1M | $48.8M | 200x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0160% | 1h | 145.41 | long leg | $804K | $2.5M | 10x | |
| Polymarket Perps SOXL-USD | +0.0260% | 1h | 145.08 | −0.227% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0671% | 4h | 145.24 | −0.114% | $181K | $324K | 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
Polymarket Perps SOXL-USD
edgeX SOXLUSDC