SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0229%/8h= −25.1% APRnext payment −$0.29 per $10,000 · paid last 24h +0.108%

Price spread now: Coinbase International against Deribit+0.228%7-day average +0.001% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$490.490% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.086%+$9 on $10k

Price spread, last 3 days (all we have)−0.253%−$25 · spread now +0.228%, 7d avg +0.001%

Together, before fees−0.167%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.227% dearer against Deribit than usual: you sell high and buy low (spread +0.228% now, against its 7-day average of +0.001%): +$23 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 4 days funding on this pair paid +0.086%, 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	Deribit SOXL_USDC-PERPETUAL	144.47	0.0373	pay 0.0047% / 1h	13m 43s	$117K	$299K	10x
Short	Coinbase International SOXL-PERP-INTX	144.80	0.0144	get 0.0018% / 1h	13m 43s	$977K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.228%Rate

Funding earned: −$48.17
Price spread: +0.228% → +0.001%: $22.71
Slippage, 4 orders: −$32.05
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$74.51
Costs to cover: 0.490%
Break-even: never at this rate

Slippage from Deribit: live order book, 65 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 Deribit live order book, 65 min ago	8.73 bp	15.4 bp −$15	18.2 bp −$182	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.14 bp	9.1 bp −$9	14.3 bp −$143	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
Kraken Futures PF_SOXLUSD	−0.0023%	1h	144.41	−0.040%	$90K	$303K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.56	+0.065%	$213K	$1.6M	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.50	+0.021%	$25.6M	$183.8M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.49	+0.014%	$27.4M	$39.6M	50x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.49	+0.014%	$60.2M	$109.2M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	144.68	+0.148%	$2.2M	$4.9M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	144.67	+0.138%	$71K	$163K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.52	+0.035%	$1K	$4.7M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.71	+0.166%	$195K	$606K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.51	+0.028%	$2.5M	$1.2M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0003%	8h	144.68	+0.145%	$1.2M	$489K	50x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.48	+0.007%	$307K	$257K	30x	as long as short
Binance SOXLUSDT	+0.0023%	8h	144.52	+0.036%	$171.9M	$1.19B	50x	as long as short
Extended SOXL-USD	+0.0024%	1h	144.50	+0.020%	$27K	$338K	10x	as long as short
MEXC SOXL_USDT	+0.0024%	8h	144.51	+0.028%	$14.1M	$46.6M	200x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.51	+0.028%	$342K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.64	+0.118%	$238K	$915K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.57	+0.069%	$6.9M	$10.8M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.58	+0.076%	$38K	$141K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.50	+0.021%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.48	+0.010%	$6K	—	10x	as long as short
Bybit SOXLUSDT	+0.0111%	8h	144.55	+0.055%	$51.5M	$178.2M	100x	as long as short
Coinbase International SOXL-PERP-INTXshort	+0.0144%	1h	144.80	+0.228%	$977K	$2.3M	10x
tradeXYZ xyz:SOXL	+0.0184%	1h	144.45	−0.014%	$26.2M	$22.0M	10x	as long as short
Lighter SOXL	+0.0184%	1h	144.47	0.000%	$802K	$2.6M	20x	as long as short
Deribit SOXL_USDC-PERPETUALlong	+0.0373%	1h	144.47	long leg	$117K	$299K	10x
Polymarket Perps SOXL-USD	+0.0575%	1h	144.63	+0.111%	$5K	$265K	10x	as long as short
edgeX SOXLUSDC	+0.0954%	4h	144.71	+0.167%	$180K	$324K	10x	as long as short