Funding you earn now, next payment 07:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.021%
Price spread now: BloFin against Coinbase International−0.122%118s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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−$320.321% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.122%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.158% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.036%). Swap the legs. The two prices were read 118 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 -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment. 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 | Coinbase International SOXL-PERP-INTX | 139.02 | 0.0200 | pay 0.0025% / 1h | 33m 19s | $952K | $3.1M | 10x |
| Short | BloFin SOXL-USDT | 138.85 | −0.0012 | pay 0.0012% / 8h | 33m 19s | $1.3M | $470K | 50x |
Coinbase International SOXL-PERP-INTX
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- −$44.43
- Price spread: −0.122% → +0.036%
- −$15.85
- Slippage, 4 orders
- −$10.12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.39
- Costs to cover
- 0.321%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 6 min ago; BloFin: live order book, 4 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 Coinbase International live order book, 6 min ago | 3.60 bp | 8.6 bp −$9 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.72 bp | 6.7 bp −$7 | 8.6 bp −$86 | 18.2 bp −$1,821 | 51.2 bp −$25.6K |
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 | −0.2002% | 8h | 138.89 | −0.094% | $60.6M | $141.9M | 20x | as long as short |
| BloFin SOXL-USDTshort | −0.0012% | 8h | 138.85 | −0.122% | $1.3M | $470K | 50x | |
| Aster SOXLUSDT | 0.0000% | 8h | 138.61 | −0.295% | $196K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.56 | −0.329% | $52K | $353K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.60 | −0.302% | $163.0M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.62 | −0.288% | $46.0M | $226.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.56 | −0.331% | $26.0M | $228.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.67 | −0.252% | $27.9M | $50.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.69 | −0.237% | $15.5M | $55.1M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.61 | −0.296% | $1.9M | $5.5M | — | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.82 | −0.141% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.72 | −0.216% | $2K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.80 | −0.158% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.62 | −0.288% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.68 | −0.245% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.70 | −0.230% | $256K | $264K | 30x | as long as short |
| Lighter SOXL | +0.0040% | 1h | 138.73 | −0.209% | $673K | $2.4M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.58 | −0.317% | $21.1M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.87 | −0.108% | $211K | $460K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.63 | −0.278% | $81K | $300K | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.72 | −0.216% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.74 | −0.201% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.59 | −0.309% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.59 | −0.309% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0183% | 1h | 138.58 | −0.317% | $108K | $358K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0200% | 1h | 139.02 | long leg | $952K | $3.1M | 10x | |
| Polymarket Perps SOXL-USD | +0.0213% | 1h | 138.78 | −0.173% | $9K | $292K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0292% | 4h | 138.81 | −0.154% | $173K | $331K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
QFEX SOXL-USD
Lighter SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC