Funding you earn now, next payment 11:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: Deribit against Coinbase International−0.043%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.043%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.040% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 140.36 | 0.0144 | pay 0.0018% / 1h | 54m 50s | $786K | $3.5M | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 140.30 | −0.0035 | pay 0.0004% / 1h | 54m 50s | $137K | $406K | 10x |
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$37.59
- Price spread: −0.043% → −0.003%
- −$3.97
- Slippage, 4 orders
- −$22.67
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$81.24
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Deribit: live order book, 52 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, 2 min ago | 2.49 bp | 7.5 bp −$7 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 52 min ago | 4.59 bp | 8.8 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
SOXL on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.2696% | 1h | 140.36 | 0.000% | $88K | $370K | 20x | as long as short |
| Bitget SOXLUSDT | −0.0057% | 8h | 140.49 | +0.093% | $58.3M | $163.8M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | −0.0035% | 1h | 140.30 | −0.043% | $137K | $406K | 10x | |
| QFEX SOXL-USD | −0.0001% | 1h | 140.42 | +0.043% | $259K | $257K | 30x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.49 | +0.094% | $180K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.38 | +0.015% | $40K | $440K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.46 | +0.071% | $161.5M | $1.68B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.49 | +0.093% | $44.9M | $232.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.47 | +0.078% | $25.2M | $261.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.48 | +0.085% | $27.7M | $60.4M | 50x | as long as short |
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
QFEX SOXL-USD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXL_USDT | 0.0000% | 8h | 140.46 | +0.071% | $16.4M | $61.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.37 | +0.006% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.70 | +0.241% | $66K | $198K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.38 | +0.014% | $1K | $3.6M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.46 | +0.071% | $87K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.31 | −0.036% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0024% | 8h | 140.40 | +0.028% | $1.3M | $503K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.28 | −0.057% | $673K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.29 | −0.050% | $256K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.45 | +0.064% | $22.2M | $33.3M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 140.35 | −0.007% | $9K | $296K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.31 | −0.036% | $204K | $396K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.41 | +0.036% | $6.3M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.63 | +0.192% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.37 | +0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.43 | +0.053% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0144% | 1h | 140.36 | long leg | $786K | $3.5M | 10x | |
| edgeX SOXLUSDC | +0.0634% | 4h | 140.59 | +0.162% | $175K | $333K | 10x | as long as short |
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC