SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h −0.013%

Price spread now: Deribit against Coinbase International−0.215%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.087%−$9 on $10k

Price spread, last 3 days (all we have)+0.182%+$18 · spread now −0.215%, 7d avg −0.004%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.211% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SOXL-PERP-INTX	144.42	0.0200	pay 0.0025% / 1h	36m 33s	$804K	$2.5M	10x
Short	Deribit SOXL_USDC-PERPETUAL	144.11	0	get 0.0000% / 1h	36m 33s	$117K	$276K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.215%Rate

Funding earned: −$42
Price spread: −0.215% → −0.004%: −$21.07
Slippage, 4 orders: −$27.66
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$107.73
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Deribit: live order book, 32 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, 2 min ago	3.81 bp	8.8 bp −$9	12.0 bp −$120	doesn't fit	doesn't fit
Sell Deribit live order book, 32 min ago	7.84 bp	11.3 bp −$11	13.2 bp −$132	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	144.31	−0.076%	$247K	$1.6M	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	144.34	−0.055%	$52.3M	$185.7M	100x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.28	−0.097%	$27.0M	$41.2M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.26	−0.111%	$1K	$4.4M	10x	as long as short
Deribit SOXL_USDC-PERPETUALshort	0.0000%	1h	144.11	−0.215%	$117K	$276K	10x
HTX SOXL-USDT	0.0000%	8h	144.23	−0.132%	$182K	$616K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.13	−0.201%	$2.5M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.19	−0.159%	$267K	$271K	30x	as long as short
Lighter SOXL	+0.0032%	1h	144.19	−0.159%	$807K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.23	−0.132%	$346K	$1.8M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SOXL	+0.0050%	1h	144.40	−0.014%	$25.5M	$22.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	144.43	+0.007%	$3K	$269K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.09	−0.229%	$205K	$645K	10x	as long as short
OKX SOXL-USDT-SWAP	+0.0051%	8h	144.41	−0.007%	$24.6M	$190.5M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.36	−0.042%	$6.9M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.62	+0.138%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.26	−0.111%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.24	−0.128%	$6K	—	10x	as long as short
GRVT SOXL_USDT_Perp	+0.0109%	8h	144.66	+0.166%	$71K	$168K	10x	as long as short
Bitget SOXLUSDT	+0.0172%	8h	144.39	−0.021%	$59.9M	$112.6M	20x	as long as short
Variational Omni SOXL	+0.0179%	8h	145.26	+0.583%	$2.4M	$4.9M	—	as long as short
Binance SOXLUSDT	+0.0197%	8h	144.31	−0.076%	$169.2M	$1.23B	50x	as long as short
Extended SOXL-USD	+0.0200%	1h	144.25	−0.115%	$24K	$254K	10x	as long as short
Coinbase International SOXL-PERP-INTXlong	+0.0200%	1h	144.42	long leg	$804K	$2.5M	10x
MEXC SOXL_USDT	+0.0201%	8h	144.40	−0.014%	$14.8M	$47.9M	200x	as long as short
BloFin SOXL-USDT	+0.0206%	8h	145.57	+0.796%	$1.3M	$490K	50x	as long as short
edgeX SOXLUSDC	+0.0409%	4h	144.65	+0.159%	$180K	$323K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0416%	1h	144.34	−0.057%	$88K	$304K	20x	as long as short