Funding you earn now, next payment 09:00 UTC−0.1149%/8h= −125.8% APRpaid last 24h −0.186%
Price spread now: Bitget against QFEX+0.216%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.216%, 7d avg −0.009%
=The price spread pays, funding is against you. Bitget is 0.225% dearer against QFEX than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of −0.009%): +$22 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment. 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 | QFEX SOXL-USD | 139.05 | 0.0057 | pay 0.0007% / 1h | 57m 21s | $257K | $264K | 30x |
| Short | Bitget SOXLUSDT | 139.35 | −0.1092 | pay 0.1092% / 8h | 6h 57m | $59.0M | $151.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$241.35
- Price spread: +0.216% → −0.009%
- $22.47
- Slippage, 4 orders
- −$8.79
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$249.67
- Costs to cover
- 0.308%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 13 min ago; Bitget: live order book, 2 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 QFEX live order book, 13 min ago | 1.80 bp | 6.8 bp −$7 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.36 bp | 8.1 bp −$8 | 13.9 bp −$139 | 34.2 bp −$3,416 | 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 SOXLUSDTshort | −0.1092% | 8h | 139.35 | +0.216% | $59.0M | $151.8M | 20x | |
| BloFin SOXL-USDT | −0.0019% | 8h | 139.11 | +0.043% | $1.3M | $502K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.07 | +0.011% | $189K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.23 | +0.131% | $42K | $380K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.27 | +0.157% | $158.6M | $1.56B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.34 | +0.209% | $26.5M | $244.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.20 | +0.108% | $29.8M | $54.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.20 | +0.108% | $12.2M | $56.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.80 | −0.180% | $1.9M | $5.6M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.29 | +0.173% | $1K | $3.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 139.11 | +0.043% | $87K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.15 | +0.072% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.97 | −0.058% | $255K | $1.7M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.19 | +0.101% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.21 | +0.115% | $217K | $397K | 10x | as long as short |
| QFEX SOXL-USDlong | +0.0057% | 1h | 139.05 | long leg | $257K | $264K | 30x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.03 | −0.014% | $6.4M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.78 | −0.194% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.24 | +0.137% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.25 | +0.142% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0113% | 1h | 139.17 | +0.086% | $21.7M | $32.3M | 10x | as long as short |
| Lighter SOXL | +0.0152% | 1h | 139.08 | +0.022% | $655K | $2.6M | 20x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 139.12 | +0.050% | $982K | $3.2M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0242% | 8h | 139.30 | +0.180% | $46.7M | $225.4M | 100x | as long as short |
| edgeX SOXLUSDC | +0.0372% | 4h | 139.09 | +0.029% | $173K | $331K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0396% | 8h | 138.77 | −0.201% | $64K | $194K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0612% | 1h | 139.29 | +0.173% | $111K | $386K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0969% | 1h | 139.24 | +0.138% | $88K | $342K | 20x | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Polymarket Perps SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
tradeXYZ xyz:SOXL
Lighter SOXL
Coinbase International SOXL-PERP-INTX
Bybit SOXLUSDT
edgeX SOXLUSDC
GRVT SOXL_USDT_Perp
Deribit SOXL_USDC-PERPETUAL
Kraken Futures PF_SOXLUSD