Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRnext payment +$0.25 per $10,000 · paid last 24h +0.113%
Price spread now: Polymarket Perps against Deribit+0.111%7-day average −0.011% · 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−$33as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 4 days (all we have)+0.118%+$12 on $10k
+Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.111%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.122% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.011%.
| 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 37s | $117K | $299K | 10x |
| Short | Polymarket Perps SOXL-USD | 144.63 | 0.0575 | get 0.0072% / 1h | 13m 37s | $5K | $265K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $42.35
- Price spread: +0.111% → −0.011%
- $12.21
- Slippage, 4 orders
- −$30.33
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $9.24
- Costs to cover
- 0.453%
- Break-even
- 5.5 days
Slippage from Deribit: live order book, 65 min ago; Polymarket Perps: live order book, 63 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 Polymarket Perps live order book, 63 min ago | 2.79 bp | 8.8 bp −$9 | 10.1 bp −$101 | 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-INTX | +0.0144% | 1h | 144.80 | +0.228% | $977K | $2.3M | 10x | as long as short |
| 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-USDshort | +0.0575% | 1h | 144.63 | +0.111% | $5K | $265K | 10x | |
| edgeX SOXLUSDC | +0.0954% | 4h | 144.71 | +0.167% | $180K | $324K | 10x | as long as short |
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Binance SOXLUSDT
Extended SOXL-USD
MEXC SOXL_USDT
Lighter RH SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTX
tradeXYZ xyz:SOXL
Lighter SOXL
edgeX SOXLUSDC