Funding you earn now, next payment 12:00 UTC−0.0940%/8h= −102.9% APRpaid last 24h −0.147%
Price spread now: QFEX against edgeX−0.640%7-day average −0.009% · 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−$127as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 4 days (all we have)−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)+0.537%+$54 · spread now −0.640%, 7d avg −0.009%
=Together, before fees+0.190%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and QFEX is 0.631% cheaper against edgeX than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.346% in total (about -32.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXLUSDC | 140.20 | 0.0939 | pay 0.0469% / 4h | 49m 15s | $174K | $335K | 10x |
| Short | QFEX SOXL-USD | 139.30 | −0.0001 | pay 0.0000% / 1h | 49m 15s | $258K | $257K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. 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
- −$197.31
- Price spread: −0.640% → −0.009%
- −$63.09
- Slippage, 4 orders
- −$45.11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$324.52
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 57 min ago; QFEX: live order book, 43 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 edgeX live order book, 57 min ago | 20.88 bp | 26.0 bp −$26 | 30.2 bp −$302 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 43 min ago | 1.07 bp | 6.1 bp −$6 | 7.2 bp −$72 | 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 | −0.2720% | 1h | 139.13 | −0.760% | $88K | $374K | 20x | as long as short |
| Bitget SOXLUSDT | −0.0011% | 8h | 139.38 | −0.583% | $57.7M | $165.9M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0009% | 8h | 139.45 | −0.533% | $1.3M | $499K | 50x | as long as short |
| QFEX SOXL-USDshort | −0.0001% | 1h | 139.30 | −0.640% | $258K | $257K | 30x | |
| Aster SOXLUSDT | 0.0000% | 8h | 139.38 | −0.580% | $178K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.28 | −0.652% | $40K | $440K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.40 | −0.571% | $159.9M | $1.70B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.39 | −0.576% | $44.5M | $234.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.31 | −0.633% | $24.7M | $262.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.35 | −0.605% | $27.5M | $60.8M | 50x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXL_USDT | 0.0000% | 8h | 139.55 | −0.462% | $20.2M | $62.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.16 | −0.028% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.21 | +0.007% | $65K | $198K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.36 | −0.597% | $1K | $3.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.27 | −0.662% | $136K | $404K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.34 | −0.612% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.40 | −0.569% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.32 | −0.626% | $665K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.30 | −0.640% | $241K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.48 | −0.512% | $22.2M | $33.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.45 | −0.533% | $9K | $303K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.11 | −0.063% | $200K | $395K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.51 | −0.490% | $6.2M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.22 | +0.016% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.42 | −0.555% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.41 | −0.561% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 139.13 | −0.762% | $775K | $3.5M | 10x | as long as short |
| edgeX SOXLUSDClong | +0.0939% | 4h | 140.20 | long leg | $174K | $335K | 10x |
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX