SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.2312%/8h= −253.2% APRnext payment −$23.12 per $10,000 · paid last 24h +0.040%

Price spread now: Bitget against SunX+0.014%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$800.801% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.562%+$56 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.014%, 7d avg −0.052%

Together, before fees+0.447%+$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.067% dearer against SunX than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.052%): +$7 on $10k if it goes back. Holding the pair costs −$69 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.562%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.562% in total (about 29.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$23.12 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	SunX SOXL-USDT	138.15	0	get 0.0000% / 8h	2h 26m	$1K	$4.3M	10x
Short	Bitget SOXLUSDT	138.17	−0.2312	pay 0.2312% / 8h	2h 26m	$59.1M	$133.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$485.52
Price spread: +0.014% → −0.052%: $6.67
Slippage, 4 orders: −$60.15
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$559
Costs to cover: 0.801%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; Bitget: live order book, 3 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 SunX live order book, 12 min ago	28.41 bp	32.4 bp −$32	61.7 bp −$617	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.72 bp	7.5 bp −$8	11.7 bp −$117	35.0 bp −$3,495	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	−0.2312%	8h	138.17	+0.014%	$59.1M	$133.3M	20x
Aster SOXLUSDT	0.0000%	8h	138.01	−0.098%	$202K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	138.04	−0.077%	$32K	$314K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	138.09	−0.043%	$164.3M	$1.40B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	138.08	−0.051%	$46.3M	$222.2M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	138.18	+0.022%	$26.4M	$214.9M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	138.09	−0.043%	$27.7M	$48.2M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	138.05	−0.072%	$15.4M	$53.2M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	138.48	+0.241%	$1.9M	$5.3M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	138.40	+0.181%	$66K	$199K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXL-USDTlong	0.0000%	8h	138.15	long leg	$1K	$4.3M	10x
HTX SOXL-USDT	0.0000%	8h	137.78	−0.268%	$89K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	138.12	−0.022%	$2.3M	$1.2M	10x	as long as short
BloFin SOXL-USDT	+0.0009%	8h	137.89	−0.188%	$1.3M	$463K	50x	as long as short
Lighter RH SOXL	+0.0032%	1h	137.97	−0.130%	$263K	$1.7M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	138.04	−0.080%	$22.4M	$28.8M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	138.38	+0.166%	$203K	$488K	10x	as long as short
QFEX SOXL-USD	+0.0053%	1h	137.96	−0.138%	$255K	$266K	30x	as long as short
Lighter SOXL	+0.0056%	1h	138.02	−0.094%	$674K	$2.3M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	138.01	−0.101%	$6.6M	$10.6M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	138.40	+0.181%	$36K	$141K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	137.98	−0.123%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	138.01	−0.103%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0184%	1h	138.00	−0.109%	$952K	$3.1M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0480%	1h	138.13	−0.014%	$7K	$288K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0662%	1h	138.12	−0.022%	$83K	$295K	20x	as long as short
edgeX SOXLUSDC	+0.0894%	4h	138.61	+0.336%	$173K	$328K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0983%	1h	138.05	−0.072%	$107K	$337K	10x	as long as short