SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.5% APRnext payment −$4.16 per $10,000 · paid last 24h −0.008%

Price spread now: Binance against Bybit−0.014%7-day average −0.017% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.250% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 2 days (all we have)−0.003%$0 · spread now −0.014%, 7d avg −0.017%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.16 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	Bybit SOXLUSDT	146.67	0.0515	pay 0.0515% / 8h	7h 47m	$52.8M	$179.2M	100x
Short	Binance SOXLUSDT	146.65	0.0099	get 0.0099% / 8h	7h 47m	$176.4M	$1.20B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.014%Rate

Funding earned: −$87.32
Price spread: −0.014% → −0.017%: $0.29
Slippage, 4 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$112.03
Costs to cover: 0.250%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 12 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 Bybit live order book, 2 min ago	0.34 bp	6.8 bp −$7	11.0 bp −$110	71.8 bp −$7,185	doesn't fit
Sell Binance live order book, 12 min ago	0.34 bp	5.5 bp −$5	7.6 bp −$76	20.1 bp −$2,012	74.4 bp −$37.2K

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	146.37	−0.205%	$217K	$1.6M	50x	as long as short
Gate SOXL_USDT	0.0000%	8h	146.52	−0.102%	$28.2M	$38.3M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	146.46	−0.143%	$1K	$4.6M	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	146.48	−0.130%	$2.5M	$1.2M	10x	as long as short
Lighter RH SOXL	+0.0032%	1h	146.61	−0.041%	$347K	$1.8M	20x	as long as short
Variational Omni SOXL	+0.0043%	8h	145.75	−0.626%	$2.2M	$5.0M	—	as long as short
Lighter SOXL	+0.0048%	1h	146.58	−0.061%	$820K	$2.6M	20x	as long as short
Bitget SOXLUSDT	+0.0054%	8h	146.59	−0.055%	$62.1M	$109.6M	20x	as long as short
OKX SOXL-USDT-SWAP	+0.0061%	8h	146.66	−0.007%	$25.7M	$185.8M	20x	as long as short
QFEX SOXL-USD	+0.0070%	1h	146.56	−0.075%	$271K	$271K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0075%	8h	146.56	−0.075%	$1.3M	$490K	50x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0092%	1h	146.43	−0.164%	$119K	$276K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0092%	1h	146.56	−0.075%	$240K	$768K	10x	as long as short
MEXC SOXL_USDT	+0.0094%	8h	146.63	−0.027%	$14.0M	$46.9M	200x	as long as short
Extended SOXL-USD	+0.0096%	1h	146.55	−0.081%	$25K	$318K	10x	as long as short
Binance SOXLUSDTshort	+0.0099%	8h	146.65	−0.014%	$176.4M	$1.20B	50x
KuCoin SOXLUSDTM	+0.0100%	8h	146.43	−0.164%	$7.0M	$10.6M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	146.40	−0.184%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.51	−0.109%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.18	−0.335%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.02	−0.443%	$1.1M	$2.2M	10x	as long as short
HTX SOXL-USDT	+0.0245%	8h	146.40	−0.184%	$184K	$592K	50x	as long as short
edgeX SOXLUSDC	+0.0377%	4h	146.33	−0.230%	$182K	$322K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0425%	1h	146.47	−0.138%	$90K	$304K	20x	as long as short
Bybit SOXLUSDTlong	+0.0515%	8h	146.67	long leg	$52.8M	$179.2M	100x
tradeXYZ xyz:SOXL	+0.0578%	1h	146.61	−0.041%	$26.7M	$20.8M	10x	as long as short
GRVT SOXL_USDT_Perp	+0.0878%	8h	146.31	−0.245%	$72K	$160K	10x	as long as short
Polymarket Perps SOXL-USD	+0.1013%	1h	146.74	+0.048%	$5K	$266K	10x	as long as short