Funding you earn now, next payment 10:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.016%
Price spread now: Polymarket Perps against Deribit−0.049%7-day average 0.000% · 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−$241as in the Price arb table
costs, in and out, $10k−$2362.364% of the position
Funding, last 4 days (all we have)+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.049%, 7d avg 0.000%
=Funding pays, the price is against you. Polymarket Perps is 0.050% cheaper against Deribit than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of 0.000%). 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 4 days (+0.037% in total) that is about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOXL_USDC-PERPETUAL | 141.61 | −0.0032 | get 0.0004% / 1h | 0m 04s | $115K | $385K | 10x |
| Short | Polymarket Perps SOXL-USD | 141.54 | 0.0050 | get 0.0006% / 1h | 0m 04s | $9K | $289K | 10x |
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $17.3
- Price spread: −0.049% → 0.000%
- −$4.96
- Slippage, 4 orders
- −$221.39
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$224.05
- Costs to cover
- 2.364%
- Break-even
- 97.6 days
Slippage from Deribit: live order book, 51 min ago; Polymarket Perps: live order book, 50 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, 51 min ago | 11.16 bp | 15.4 bp −$15 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 50 min ago | 2.89 bp | 96.7 bp −$97 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.0532% | 8h | 141.66 | +0.035% | $58.9M | $160.1M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | −0.0032% | 1h | 141.61 | long leg | $115K | $385K | 10x | |
| Aster SOXLUSDT | 0.0000% | 8h | 141.58 | −0.023% | $184K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.59 | −0.012% | $54K | $401K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.59 | −0.014% | $162.1M | $1.63B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.66 | +0.035% | $46.6M | $229.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.65 | +0.028% | $26.5M | $258.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.59 | −0.014% | $29.2M | $58.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.59 | −0.014% | $15.2M | $61.7M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.18 | −0.302% | $1.9M | $5.6M | — | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | −0.213% | $66K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 141.66 | +0.035% | $1K | $3.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | −0.169% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.55 | −0.042% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0021% | 8h | 141.09 | −0.367% | $1.2M | $508K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.58 | −0.021% | $677K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.59 | −0.014% | $272K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.58 | −0.021% | $22.1M | $32.8M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0050% | 1h | 141.54 | −0.049% | $9K | $289K | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.47 | −0.099% | $220K | $385K | 10x | as long as short |
| QFEX SOXL-USD | +0.0057% | 1h | 141.67 | +0.042% | $262K | $257K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.62 | +0.007% | $6.5M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.79 | −0.579% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.61 | 0.000% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.61 | −0.001% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0159% | 4h | 140.81 | −0.565% | $175K | $334K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 141.62 | +0.007% | $870K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0954% | 1h | 141.37 | −0.170% | $87K | $379K | 20x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD