Funding you earn now, next payment 08:00 UTC+0.2418%/8h= +264.8% APRnext payment +$24.18 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against Bitget−0.036%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.036%, 7d avg +0.042%
=Funding pays, the price is against you. Binance is 0.078% cheaper against Bitget than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.042%). If the spread goes back, that is −$8 on $10k: about 3 hours of funding at the current rate (+$73 a day). Mind the row above: over the last 7 days funding on this pair cost −0.320%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.320% in total (about -16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$24.18 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 | Bitget SOXLUSDT | 139.20 | −0.2418 | get 0.2418% / 8h | 1h 18m | $60.6M | $139.9M | 20x |
| Short | Binance SOXLUSDT | 139.15 | 0 | get 0.0000% / 8h | 1h 18m | $164.0M | $1.47B | 50x |
Bitget SOXLUSDT
Binance SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $507.78
- Price spread: −0.036% → +0.042%
- −$7.76
- Slippage, 4 orders
- −$5.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $472.66
- Costs to cover
- 0.274%
- Break-even
- 0.5 days
Slippage from Bitget: live order book, 6 min ago; Binance: live order book, 10 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 Bitget live order book, 6 min ago | 0.72 bp | 8.3 bp −$8 | 14.3 bp −$143 | 30.2 bp −$3,025 | 46.9 bp −$23.5K |
| Sell Binance live order book, 10 min ago | 0.36 bp | 5.9 bp −$6 | 7.3 bp −$73 | 23.2 bp −$2,319 | 105.7 bp −$52.8K |
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 SOXLUSDTlong | −0.2418% | 8h | 139.20 | long leg | $60.6M | $139.9M | 20x | |
| BloFin SOXL-USDT | −0.0029% | 8h | 138.97 | −0.165% | $1.3M | $468K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.13 | −0.051% | $205K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.12 | −0.057% | $42K | $340K | 10x | as long as short |
| Binance SOXLUSDTshort | 0.0000% | 8h | 139.15 | −0.036% | $164.0M | $1.47B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.16 | −0.029% | $46.2M | $230.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.20 | 0.000% | $26.6M | $227.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.16 | −0.029% | $28.5M | $50.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.15 | −0.036% | $16.6M | $55.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.00 | −0.143% | $1.9M | $5.4M | — | as long as short |
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 | 139.16 | −0.029% | $65K | $203K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.93 | −0.194% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.09 | −0.079% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.96 | −0.172% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.14 | −0.043% | $687K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.16 | −0.029% | $268K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 139.13 | −0.050% | $257K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.12 | −0.057% | $21.3M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.99 | −0.151% | $212K | $482K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.10 | −0.072% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.08 | −0.086% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.92 | −0.201% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.89 | −0.222% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0110% | 1h | 138.94 | −0.187% | $108K | $364K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.02 | −0.129% | $951K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0259% | 1h | 139.00 | −0.144% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0433% | 1h | 138.79 | −0.295% | $81K | $299K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0622% | 4h | 138.95 | −0.182% | $173K | $330K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC