Funding you earn now, next payment 05:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h −0.021%
Price spread now: Deribit against Polymarket Perps−0.156%7-day average +0.002% · 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−$57as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 4 days (all we have)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.156%, 7d avg +0.002%
=Funding pays, the price is against you. Deribit is 0.158% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of +0.002%). If the spread goes back, that is −$16 on $10k: about 17 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOXL-USD | 140.74 | 0.0431 | pay 0.0054% / 1h | 3m 47s | $3K | $269K | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 140.52 | 0.0462 | get 0.0058% / 1h | 3m 47s | $109K | $333K | 10x |
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Polymarket Perps. 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
- $6.58
- Price spread: −0.156% → +0.002%
- −$15.84
- Slippage, 4 orders
- −$26.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$50.28
- Costs to cover
- 0.410%
- Break-even
- 60.5 days
Slippage from Polymarket Perps: live order book, 48 min ago; Deribit: 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 Polymarket Perps live order book, 48 min ago | 3.48 bp | 7.5 bp −$7 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 50 min ago | 7.28 bp | 11.5 bp −$11 | 15.5 bp −$155 | 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 | −0.1460% | 8h | 140.62 | −0.085% | $60.1M | $125.5M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0019% | 8h | 140.46 | −0.199% | $1.2M | $471K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.41 | −0.232% | $209K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.55 | −0.133% | $33K | $281K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.44 | −0.213% | $164.4M | $1.33B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.41 | −0.234% | $47.4M | $211.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.41 | −0.234% | $25.3M | $205.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.52 | −0.156% | $25.8M | $46.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.47 | −0.192% | $14.2M | $51.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.66 | −0.057% | $2.2M | $5.0M | — | as long as short |
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 SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.08 | −0.470% | $66K | $189K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.64 | −0.071% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.22 | −0.369% | $136K | $959K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.66 | −0.057% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 140.55 | −0.135% | $260K | $266K | 30x | as long as short |
| edgeX SOXLUSDC | +0.0028% | 4h | 139.86 | −0.627% | $174K | $328K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.63 | −0.078% | $690K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.62 | −0.085% | $261K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.54 | −0.142% | $206K | $499K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 140.50 | −0.168% | $83K | $292K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0071% | 1h | 140.60 | −0.099% | $25.1M | $23.7M | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.55 | −0.135% | $6.7M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.12 | −0.441% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.57 | −0.121% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.54 | −0.143% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 140.48 | −0.185% | $892K | $2.8M | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0431% | 1h | 140.74 | long leg | $3K | $269K | 10x | |
| Deribit SOXL_USDC-PERPETUALshort | +0.0462% | 1h | 140.52 | −0.156% | $109K | $333K | 10x |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX