Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.058%
Price spread now: Coinbase International against Bybit+0.637%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs+$32as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 3 days (all we have)−0.673%−$67 · spread now +0.637%, 7d avg −0.018%
=The price spread pays, funding is against you. Coinbase International is 0.655% dearer against Bybit than usual: you sell high and buy low (spread +0.637% now, against its 7-day average of −0.018%): +$66 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.219%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 146.02 | 0.0236 | pay 0.0236% / 8h | 7h 23m | $53.0M | $182.3M | 100x |
| Short | Coinbase International SOXL-PERP-INTX | 146.95 | 0.0208 | get 0.0026% / 1h | 23m 28s | $1.1M | $2.2M | 10x |
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$5.92
- Price spread: +0.637% → −0.018%
- $65.52
- Slippage, 4 orders
- −$12.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $26
- Costs to cover
- 0.336%
- Break-even
- from the start
Slippage from Bybit: live order book, 6 min ago; Coinbase International: live order book, 5 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 | 0.68 bp | 8.4 bp −$8 | 11.9 bp −$119 | 70.2 bp −$7,021 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.74 bp | 9.3 bp −$9 | 13.3 bp −$133 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.85 | −0.113% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.89 | −0.089% | $27.8M | $39.2M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.77 | −0.171% | $2K | $4.5M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.69 | −0.226% | $2.5M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.83 | −0.130% | $812K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.88 | −0.096% | $347K | $1.8M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.93 | +0.623% | $242K | $747K | 10x | as long as short |
| QFEX SOXL-USD | +0.0070% | 1h | 145.89 | −0.089% | $270K | $271K | 30x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0093% | 1h | 145.72 | −0.205% | $118K | $273K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.95 | −0.048% | $7.0M | $10.5M | 20x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.78 | +0.520% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.80 | −0.151% | $1K | $5K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0102% | 8h | 146.01 | −0.007% | $26.8M | $189.0M | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.77 | −0.174% | $6K | — | 10x | as long as short |
| Variational Omni SOXL | +0.0150% | 8h | 146.81 | +0.542% | $2.3M | $4.9M | — | as long as short |
| HTX SOXL-USDT | +0.0155% | 8h | 146.51 | +0.336% | $185K | $628K | 50x | as long as short |
| Extended SOXL-USD | +0.0184% | 1h | 145.68 | −0.230% | $25K | $318K | 10x | as long as short |
| Binance SOXLUSDT | +0.0187% | 8h | 145.83 | −0.129% | $171.2M | $1.21B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0187% | 8h | 145.97 | −0.034% | $13.1M | $47.7M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0188% | 8h | 146.43 | +0.281% | $1.3M | $498K | 50x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0208% | 1h | 146.95 | +0.637% | $1.1M | $2.2M | 10x | |
| tradeXYZ xyz:SOXL | +0.0211% | 1h | 145.95 | −0.048% | $26.3M | $21.5M | 10x | as long as short |
| Bybit SOXLUSDTlong | +0.0236% | 8h | 146.02 | long leg | $53.0M | $182.3M | 100x | |
| Kraken Futures PF_SOXLUSD | +0.0426% | 1h | 145.87 | −0.105% | $88K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0449% | 8h | 145.97 | −0.034% | $61.7M | $111.4M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0600% | 1h | 146.12 | +0.068% | $5K | $266K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0710% | 8h | 146.44 | +0.288% | $72K | $161K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0730% | 4h | 146.49 | +0.322% | $183K | $321K | 10x | as long as short |
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
OKX SOXL-USDT-SWAP
Aevo SOXL-PERP
Variational Omni SOXL
HTX SOXL-USDT
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
BloFin SOXL-USDT
tradeXYZ xyz:SOXL
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
Polymarket Perps SOXL-USD
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC