Funding you earn now, next payment 07:00 UTC−0.0404%/8h= −44.2% APRnext payment −$0.50 per $10,000 · paid last 24h −0.039%
Price spread now: Extended against Deribit+0.113%7-day average −0.015% · 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−$18as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 4 days (all we have)−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.113%, 7d avg −0.015%
=Together, before fees−0.155%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.128% dearer against Deribit than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of −0.015%): +$13 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 4 days (−0.060% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.060% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. 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 | Deribit SOXL_USDC-PERPETUAL | 137.80 | 0.0404 | pay 0.0050% / 1h | 37m 49s | $117K | $353K | 10x |
| Short | Extended SOXL-USD | 137.96 | 0 | get 0.0000% / 1h | 37m 49s | $35K | $316K | 10x |
Deribit SOXL_USDC-PERPETUAL
Extended SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- −$84.75
- Price spread: +0.113% → −0.015%
- $12.83
- Slippage, 4 orders
- −$19.07
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$102.99
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 6 min ago; Extended: 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, 6 min ago | 6.14 bp | 10.3 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.36 bp | 3.4 bp −$3 | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.2486% | 8h | 138.12 | +0.232% | $59.8M | $138.7M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0003% | 8h | 137.87 | +0.051% | $1.3M | $463K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.99 | +0.135% | $203K | $1.7M | 50x | as long as short |
| Extended SOXL-USDshort | 0.0000% | 1h | 137.96 | +0.113% | $35K | $316K | 10x | |
| Binance SOXLUSDT | 0.0000% | 8h | 138.01 | +0.153% | $163.7M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.04 | +0.174% | $45.9M | $229.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.99 | +0.138% | $26.3M | $224.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.98 | +0.131% | $28.0M | $49.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.02 | +0.160% | $16.7M | $55.2M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.16 | +0.262% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
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 | 138.16 | +0.260% | $63K | $204K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.82 | +0.015% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.17 | +0.269% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.98 | +0.131% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 137.80 | 0.000% | $683K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 137.78 | −0.015% | $267K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 137.84 | +0.029% | $254K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.81 | +0.007% | $21.2M | $29.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.05 | +0.181% | $210K | $492K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.99 | +0.138% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.06 | +0.189% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.76 | −0.029% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.74 | −0.045% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 137.66 | −0.102% | $940K | $3.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0288% | 1h | 137.84 | +0.029% | $9K | $292K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | +0.0404% | 1h | 137.80 | long leg | $117K | $353K | 10x | |
| Kraken Futures PF_SOXLUSD | +0.0437% | 1h | 137.68 | −0.089% | $82K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0588% | 4h | 138.14 | +0.250% | $172K | $330K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC