Funding you earn now, next payment 08:00 UTC−0.2155%/8h= −236.0% APRnext payment −$21.55 per $10,000 · paid last 24h +0.028%
Price spread now: Bitget against Bybit+0.130%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.335%+$33 on $10k
+Price spread, last 7 days−0.117%−$12 · spread now +0.130%, 7d avg −0.039%
=The price spread pays, funding is against you. Bitget is 0.169% dearer against Bybit than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of −0.039%): +$17 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.335%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.335% in total (about 17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$21.55 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 | 138.69 | 0 | get 0.0000% / 8h | 58m 14s | $45.9M | $229.5M | 100x |
| Short | Bitget SOXLUSDT | 138.87 | −0.2155 | pay 0.2155% / 8h | 58m 14s | $60.5M | $142.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$452.55
- Price spread: +0.130% → −0.039%
- $16.86
- Slippage, 4 orders
- −$7.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$466.09
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago | 0.36 bp | 8.0 bp −$8 | 12.4 bp −$124 | 101.1 bp −$10.1K | doesn't fit |
| Sell Bitget live order book, 6 min ago | 0.36 bp | 7.7 bp −$8 | 12.5 bp −$125 | 27.7 bp −$2,767 | 51.6 bp −$25.8K |
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 SOXLUSDTshort | −0.2155% | 8h | 138.87 | +0.130% | $60.5M | $142.0M | 20x | |
| tradeXYZ xyz:SOXL | −0.0033% | 1h | 138.61 | −0.058% | $21.2M | $30.4M | 10x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.67 | −0.018% | $196K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.61 | −0.058% | $42K | $335K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.66 | −0.019% | $163.3M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 138.69 | long leg | $45.9M | $229.5M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.75 | +0.043% | $26.3M | $227.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.72 | +0.022% | $28.3M | $49.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.67 | −0.014% | $15.4M | $54.6M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.14 | +0.325% | $1.9M | $5.5M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.13 | +0.317% | $64K | $203K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.66 | −0.022% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 138.62 | −0.050% | $108K | $358K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.16 | +0.339% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.70 | +0.007% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0012% | 8h | 139.03 | +0.245% | $1.3M | $469K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.56 | −0.094% | $674K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.57 | −0.087% | $261K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.74 | +0.036% | $256K | $264K | 30x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 138.73 | +0.029% | $9K | $292K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.03 | +0.245% | $212K | $482K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.62 | −0.048% | $81K | $292K | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.63 | −0.043% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.16 | +0.339% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.65 | −0.029% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.64 | −0.037% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.15 | +0.332% | $952K | $3.2M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0797% | 4h | 139.16 | +0.342% | $173K | $332K | 10x | as long as short |
Bybit SOXLUSDT
Bitget SOXLUSDT
tradeXYZ xyz:SOXL
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC