Funding you earn now, next payment 01:00 UTC−0.0118%/8h= −13.0% APRpaid last 24h +0.020%
Price spread now: QFEX against Binance+0.123%7-day average −0.026% · 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−$10as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 3 days (all we have)−0.209%−$21 on $10k
+Price spread, last 2 days (all we have)−0.149%−$15 · spread now +0.123%, 7d avg −0.026%
=The price spread pays, funding is against you. QFEX is 0.150% dearer against Binance than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of −0.026%): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 145.86 | 0.0188 | pay 0.0188% / 8h | 7h 22m | $171.3M | $1.21B | 50x |
| Short | QFEX SOXL-USD | 146.04 | 0.0070 | get 0.0009% / 1h | 22m 11s | $270K | $271K | 30x |
Binance SOXLUSDT
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$24.87
- Price spread: +0.123% → −0.026%
- $14.98
- Slippage, 4 orders
- −$4.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$34.56
- Costs to cover
- 0.247%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; QFEX: live order book, 37 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, 7 min ago | 0.34 bp | 5.3 bp −$5 | 7.4 bp −$74 | 19.3 bp −$1,934 | 49.4 bp −$24.7K |
| Sell QFEX live order book, 37 min ago | 1.73 bp | 6.7 bp −$7 | 8.7 bp −$87 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.86 | +0.001% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.94 | +0.055% | $27.9M | $39.2M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.95 | +0.062% | $1K | $4.5M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.87 | +0.007% | $2.5M | $1.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0024% | 1h | 145.87 | +0.007% | $119K | $273K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.81 | −0.034% | $812K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.84 | −0.014% | $347K | $1.8M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.93 | +0.734% | $242K | $747K | 10x | as long as short |
| QFEX SOXL-USDshort | +0.0070% | 1h | 146.04 | +0.123% | $270K | $271K | 30x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.99 | +0.089% | $7.0M | $10.5M | 20x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Phemex SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.78 | +0.631% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.78 | −0.055% | $1K | $5K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0102% | 8h | 145.92 | +0.041% | $26.8M | $189.0M | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.83 | −0.019% | $6K | — | 10x | as long as short |
| HTX SOXL-USDT | +0.0127% | 8h | 145.90 | +0.027% | $184K | $637K | 50x | as long as short |
| Variational Omni SOXL | +0.0150% | 8h | 146.81 | +0.652% | $2.3M | $4.9M | — | as long as short |
| BloFin SOXL-USDT | +0.0171% | 8h | 145.99 | +0.089% | $1.3M | $498K | 50x | as long as short |
| Extended SOXL-USD | +0.0184% | 1h | 145.84 | −0.016% | $25K | $318K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0186% | 8h | 145.98 | +0.082% | $13.0M | $47.7M | 200x | as long as short |
| Binance SOXLUSDTlong | +0.0188% | 8h | 145.86 | long leg | $171.3M | $1.21B | 50x | |
| tradeXYZ xyz:SOXL | +0.0205% | 1h | 145.95 | +0.062% | $26.3M | $21.5M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.05 | +0.130% | $1.1M | $2.2M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0219% | 8h | 145.91 | +0.034% | $53.1M | $181.8M | 100x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0426% | 1h | 146.09 | +0.155% | $89K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0447% | 8h | 146.02 | +0.110% | $61.7M | $111.5M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0592% | 1h | 146.08 | +0.151% | $5K | $266K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0710% | 8h | 146.44 | +0.398% | $72K | $161K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0730% | 4h | 146.49 | +0.432% | $183K | $321K | 10x | as long as short |
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
OKX SOXL-USDT-SWAP
Aevo SOXL-PERP
HTX SOXL-USDT
Variational Omni SOXL
BloFin SOXL-USDT
Extended SOXL-USD
MEXC SOXL_USDT
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
Bybit SOXLUSDT
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
Polymarket Perps SOXL-USD
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC