Funding you earn now, next payment 16:00 UTC+0.0229%/8h= +25.1% APRnext payment +$2.29 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BloFin+0.100%62s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.256% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.100%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.117% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.29 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 | BloFin SOXL-USDT | 139.35 | 0.0016 | pay 0.0016% / 8h | 6h 56m | $1.3M | $503K | 50x |
| Short | Bybit SOXLUSDT | 139.49 | 0.0244 | get 0.0244% / 8h | 6h 56m | $46.6M | $225.9M | 100x |
BloFin SOXL-USDT
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $48.08
- Price spread: +0.100% → −0.017%
- $11.7
- Slippage, 4 orders
- −$2.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $34.14
- Costs to cover
- 0.256%
- Break-even
- 2.0 days
Slippage from BloFin: live order book, 6 min ago; Bybit: 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 BloFin live order book, 6 min ago | 0.36 bp | 6.4 bp −$6 | 7.0 bp −$70 | 13.9 bp −$1,388 | 34.2 bp −$17.1K |
| Sell Bybit live order book, 3 min ago | 0.36 bp | 6.2 bp −$6 | 9.5 bp −$95 | 109.3 bp −$10.9K | 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 | −0.1078% | 8h | 139.54 | +0.136% | $59.2M | $152.1M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.52 | +0.122% | $190K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.49 | +0.100% | $42K | $380K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.51 | +0.115% | $158.9M | $1.56B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.50 | +0.108% | $26.4M | $245.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.48 | +0.093% | $29.9M | $54.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.50 | +0.108% | $13.1M | $56.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.80 | −0.395% | $1.9M | $5.6M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.53 | +0.129% | $2K | $3.8M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.69 | +0.244% | $87K | $1.2M | 50x | as long as short |
Bitget SOXLUSDT
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-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXLUSDT | 0.0000% | 8h | 139.50 | +0.108% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDTlong | +0.0016% | 8h | 139.35 | long leg | $1.3M | $503K | 50x | |
| Lighter RH SOXL | +0.0032% | 1h | 139.46 | +0.079% | $257K | $1.7M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.52 | +0.122% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.21 | −0.100% | $218K | $397K | 10x | as long as short |
| QFEX SOXL-USD | +0.0057% | 1h | 139.46 | +0.079% | $258K | $264K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.43 | +0.057% | $6.4M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.78 | −0.409% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.50 | +0.108% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.53 | +0.131% | $5K | — | 10x | as long as short |
| Lighter SOXL | +0.0120% | 1h | 139.50 | +0.108% | $656K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0143% | 1h | 139.45 | +0.072% | $21.7M | $32.4M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 139.21 | −0.100% | $979K | $3.3M | 10x | as long as short |
| Bybit SOXLUSDTshort | +0.0244% | 8h | 139.49 | +0.100% | $46.6M | $225.9M | 100x | |
| edgeX SOXLUSDC | +0.0372% | 4h | 139.09 | −0.187% | $173K | $331K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0396% | 1h | 139.50 | +0.108% | $111K | $386K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0396% | 8h | 138.77 | −0.416% | $64K | $194K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0967% | 1h | 139.49 | +0.100% | $88K | $342K | 20x | as long as short |
Phemex SOXLUSDT
Lighter RH SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Lighter SOXL
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL
GRVT SOXL_USDT_Perp
Kraken Futures PF_SOXLUSD