Funding you earn now, next payment 12:00 UTC−0.0631%/8h= −69.1% APRpaid last 24h −0.155%
Price spread now: Phemex against edgeX−0.177%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days−0.650%−$65 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.177%, 7d avg +0.024%
=Together, before fees−0.682%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Phemex is 0.201% cheaper against edgeX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXLUSDC | 136.94 | 0.0631 | pay 0.0316% / 4h | 3h 35m | $170K | $332K | 10x |
| Short | Phemex SOXLUSDT | 136.70 | 0 | get 0.0000% / 8h | 7h 35m | $2.3M | $1.2M | 10x |
edgeX SOXLUSDC
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$132.54
- Price spread: −0.177% → +0.024%
- −$20.12
- Slippage, 4 orders
- −$115.78
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$289.45
- Costs to cover
- 1.368%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 63 min ago; Phemex: live order book, 3 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 edgeX live order book, 63 min ago | 20.53 bp | 25.8 bp −$26 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 4.38 bp | 43.5 bp −$44 | doesn't fit | 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 | −0.1572% | 8h | 136.66 | −0.206% | $58.2M | $145.4M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 136.65 | −0.210% | $77K | $317K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 136.52 | −0.309% | $182K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 136.58 | −0.261% | $70K | $364K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 136.62 | −0.235% | $161.1M | $1.49B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 136.60 | −0.250% | $45.5M | $221.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 136.62 | −0.235% | $25.3M | $227.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 136.61 | −0.243% | $28.7M | $51.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 136.62 | −0.235% | $21.3M | $56.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 136.57 | −0.270% | $1.8M | $5.6M | — | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
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 | 136.90 | −0.033% | $63K | $194K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 136.55 | −0.287% | $1K | $3.9M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 136.67 | −0.199% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 136.70 | −0.177% | $2.3M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0022% | 1h | 136.68 | −0.192% | $252K | $264K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0027% | 8h | 136.56 | −0.279% | $1.2M | $491K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 136.54 | −0.294% | $653K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 136.53 | −0.301% | $231K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 136.46 | −0.352% | $20.1M | $29.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 136.58 | −0.265% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 136.65 | −0.214% | $208K | $420K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 136.64 | −0.221% | $6.3M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.81 | −0.097% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 136.54 | −0.294% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 136.55 | −0.286% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.34 | +0.290% | $930K | $3.0M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0483% | 1h | 136.58 | −0.265% | $109K | $387K | 10x | as long as short |
| edgeX SOXLUSDClong | +0.0631% | 4h | 136.94 | long leg | $170K | $332K | 10x |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL