Funding you earn now, next payment 07:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.033%
Price spread now: Coinbase International against Binance+0.096%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.096%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.068% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 139.02 | 0 | get 0.0000% / 8h | 48m 07s | $163.8M | $1.47B | 50x |
| Short | Coinbase International SOXL-PERP-INTX | 139.15 | 0.0200 | get 0.0025% / 1h | 48m 07s | $952K | $3.1M | 10x |
Binance SOXLUSDT
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $42
- Price spread: +0.096% → +0.028%
- $6.75
- Slippage, 4 orders
- −$10.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $18.27
- Costs to cover
- 0.305%
- Break-even
- 4.0 days
Slippage from Binance: live order book, 11 min ago; Coinbase International: live order book, 1 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 Binance live order book, 11 min ago | 0.36 bp | 6.6 bp −$7 | 7.9 bp −$79 | 25.2 bp −$2,517 | 103.2 bp −$51.6K |
| Sell Coinbase International live order book, 1 min ago | 3.24 bp | 9.5 bp −$10 | 13.1 bp −$131 | 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 | −0.2118% | 8h | 139.04 | +0.016% | $60.6M | $141.8M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0011% | 8h | 139.04 | +0.016% | $1.3M | $470K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.99 | −0.022% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.82 | −0.144% | $52K | $358K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 139.02 | long leg | $163.8M | $1.47B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.02 | +0.002% | $46.2M | $228.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.03 | +0.009% | $26.4M | $227.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.98 | −0.027% | $28.4M | $49.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.97 | −0.034% | $15.1M | $54.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.56 | −0.330% | $1.9M | $5.5M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
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 | 138.64 | −0.275% | $64K | $204K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.03 | +0.009% | $1K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.10 | +0.060% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.03 | +0.009% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.91 | −0.077% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 139.03 | +0.009% | $256K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.86 | −0.113% | $21.2M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.60 | −0.300% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.88 | −0.098% | $81K | $294K | 20x | as long as short |
| Lighter SOXL | +0.0072% | 1h | 138.98 | −0.027% | $676K | $2.4M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.81 | −0.149% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.62 | −0.286% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.77 | −0.178% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.80 | −0.153% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0200% | 1h | 139.15 | +0.096% | $952K | $3.1M | 10x | |
| Polymarket Perps SOXL-USD | +0.0202% | 1h | 138.85 | −0.120% | $9K | $292K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0327% | 1h | 138.85 | −0.120% | $108K | $358K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0375% | 4h | 138.56 | −0.328% | $173K | $331K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC