Funding you earn now, next payment 08:00 UTC−0.0205%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.028%
Price spread now: tradeXYZ against Deribit−0.159%7-day average −0.034% · 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−$62as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 4 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.159%, 7d avg −0.034%
=Together, before fees+0.122%+ Points / potential airdroptradeXYZ: Active · farm board+$12 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 tradeXYZ is 0.125% cheaper against Deribit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.042% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 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 | 138.65 | 0.0255 | pay 0.0032% / 1h | 30m 41s | $108K | $358K | 10x |
| Short | tradeXYZ xyz:SOXL | 138.43 | 0.0050 | get 0.0006% / 1h | 30m 41s | $21.0M | $30.3M | 10x |
Deribit SOXL_USDC-PERPETUAL
tradeXYZ xyz:SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$43.08
- Price spread: −0.159% → −0.034%
- −$12.46
- Slippage, 4 orders
- −$25
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$105.54
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 8 min ago; tradeXYZ: live order book, 9 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, 8 min ago | 8.65 bp | 15.0 bp −$15 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.36 bp | 9.8 bp −$10 | 13.6 bp −$136 | 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 | −0.1995% | 8h | 138.72 | +0.050% | $60.6M | $141.9M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0013% | 8h | 138.66 | +0.007% | $1.3M | $470K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.47 | −0.128% | $196K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.47 | −0.127% | $51K | $357K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.47 | −0.130% | $162.8M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.54 | −0.079% | $46.0M | $225.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.50 | −0.108% | $25.9M | $227.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.47 | −0.130% | $27.8M | $50.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.51 | −0.101% | $14.7M | $55.2M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.68 | +0.021% | $1.9M | $5.5M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
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 | +0.126% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.69 | +0.029% | $2K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.69 | +0.029% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.61 | −0.029% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.52 | −0.094% | $672K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.48 | −0.123% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.50 | −0.108% | $256K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXLshort | +0.0050% | 1h | 138.43 | −0.159% | $21.0M | $30.3M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.48 | −0.123% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.60 | −0.037% | $81K | $300K | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.50 | −0.108% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.63 | −0.014% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.63 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.68 | +0.019% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.02 | +0.267% | $952K | $3.0M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0208% | 1h | 138.74 | +0.065% | $9K | $292K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | +0.0255% | 1h | 138.65 | long leg | $108K | $358K | 10x | |
| edgeX SOXLUSDC | +0.0261% | 4h | 138.64 | −0.004% | $173K | $332K | 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
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC