Funding you earn now, next payment 16:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bybit−0.113%102s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$280.276% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.113%, 7d avg +0.014%
=Funding pays, the price is against you. BloFin is 0.127% cheaper against Bybit than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.014%). If the spread goes back, that is −$13 on $10k: about 18 days of funding at the current rate (+$1 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 141.60 | 0 | get 0.0000% / 8h | 5h 43m | $45.3M | $231.3M | 100x |
| Short | BloFin SOXL-USDT | 141.44 | 0.0024 | get 0.0024% / 8h | 5h 43m | $1.3M | $506K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5
- Price spread: −0.113% → +0.014%
- −$12.66
- Slippage, 4 orders
- −$4.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.3
- Costs to cover
- 0.276%
- Break-even
- 56.5 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 2 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, 4 min ago | 0.35 bp | 6.8 bp −$7 | 11.9 bp −$119 | 91.4 bp −$9,143 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.35 bp | 6.4 bp −$6 | 7.3 bp −$73 | 17.4 bp −$1,745 | 61.3 bp −$30.6K |
SOXL on 28 exchanges
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 | −0.0407% | 8h | 141.57 | −0.021% | $59.5M | $163.0M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.51 | −0.061% | $181K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.44 | −0.114% | $41K | $445K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.55 | −0.035% | $162.8M | $1.66B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 141.60 | long leg | $45.3M | $231.3M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.57 | −0.021% | $25.6M | $262.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.50 | −0.071% | $28.2M | $60.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.51 | −0.064% | $20.6M | $60.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.65 | +0.035% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.07 | +0.332% | $66K | $197K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 141.49 | −0.078% | $1K | $3.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 141.51 | −0.064% | $115K | $381K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | −0.162% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.47 | −0.092% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 141.48 | −0.085% | $262K | $257K | 30x | as long as short |
| BloFin SOXL-USDTshort | +0.0024% | 8h | 141.44 | −0.113% | $1.3M | $506K | 50x | |
| Lighter SOXL | +0.0032% | 1h | 141.52 | −0.056% | $680K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.49 | −0.078% | $262K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.52 | −0.056% | $22.1M | $33.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 141.30 | −0.212% | $13K | $293K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.41 | −0.134% | $206K | $398K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.58 | −0.014% | $6.4M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.44 | −0.113% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.48 | −0.085% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.47 | −0.095% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0166% | 4h | 141.44 | −0.110% | $176K | $335K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 142.21 | +0.431% | $827K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0513% | 1h | 140.99 | −0.432% | $88K | $380K | 20x | as long as short |
Bybit SOXLUSDT
BloFin SOXL-USDT
Bitget SOXLUSDT
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
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD