Funding you earn now, next payment 09:00 UTC−0.0743%/8h= −81.3% APRnext payment −$0.93 per $10,000 · paid last 24h −0.012%
Price spread now: ApeX Omni against Deribit−0.327%46s7-day average −0.023% · 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—prices read too far apart to compare
costs, in and out, $10k−$1041.036% of the position
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now −0.327%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and ApeX Omni is 0.304% cheaper against Deribit than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.033% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOXL_USDC-PERPETUAL | 137.43 | 0.0843 | pay 0.0105% / 1h | 19m 37s | $109K | $387K | 10x |
| Short | ApeX Omni SOXLUSDT | 136.98 | 0.0100 | get 0.0013% / 1h | 19m 37s | $36K | $144K | 50x |
Deribit SOXL_USDC-PERPETUAL
ApeX Omni SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- −$155.96
- Price spread: −0.327% → −0.023%
- −$30.44
- Slippage, 4 orders
- −$86.55
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$289.95
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 14 min ago; ApeX Omni: 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 Deribit live order book, 14 min ago | 7.70 bp | 11.2 bp −$11 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 11 min ago | 28.34 bp | 38.7 bp −$39 | 203.4 bp −$2,034 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1348% | 8h | 137.68 | +0.182% | $58.4M | $149.9M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 137.35 | −0.057% | $78K | $328K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.61 | +0.131% | $186K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.59 | +0.114% | $41K | $384K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.58 | +0.109% | $161.7M | $1.53B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.58 | +0.109% | $26.2M | $235.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.58 | +0.109% | $29.6M | $54.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.66 | +0.167% | $12.8M | $57.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 137.42 | −0.011% | $1.8M | $5.5M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.45 | +0.015% | $1K | $3.9M | 10x | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
SunX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 137.28 | −0.109% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.43 | 0.000% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0008% | 8h | 137.29 | −0.102% | $1.3M | $495K | 50x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 137.61 | +0.131% | $254K | $264K | 30x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 137.66 | +0.167% | $254K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.60 | +0.124% | $20.8M | $31.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 137.25 | −0.131% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 137.53 | +0.073% | $215K | $402K | 10x | as long as short |
| Lighter SOXL | +0.0072% | 1h | 137.70 | +0.196% | $657K | $2.6M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.59 | +0.116% | $6.3M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDTshort | +0.0100% | 1h | 136.98 | −0.327% | $36K | $144K | 50x | |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.44 | +0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.35 | −0.059% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 136.84 | −0.429% | $1.0M | $3.1M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0268% | 8h | 137.60 | +0.124% | $46.5M | $224.8M | 100x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0450% | 8h | 137.33 | −0.074% | $63K | $193K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0494% | 4h | 137.21 | −0.162% | $171K | $332K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | +0.0843% | 1h | 137.43 | long leg | $109K | $387K | 10x |
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
Lighter SOXL
KuCoin SOXLUSDTM
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Bybit SOXLUSDT
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC