Funding you earn now, next payment 03:00 UTC−0.0734%/8h= −80.3% APRpaid last 24h −0.172%
Price spread now: tradeXYZ against edgeX−0.050%66s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days−0.385%−$39 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now −0.050%, 7d avg −0.030%
=Together, before fees−0.540%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and tradeXYZ is 0.020% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.385% in total (about -20.1% a year). A funding rate is set anew for every payment. 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 | edgeX SOXLUSDC | 146.02 | 0.0784 | pay 0.0392% / 4h | 1h 00m | $182K | $326K | 10x |
| Short | tradeXYZ xyz:SOXL | 145.95 | 0.0050 | get 0.0006% / 1h | 0m 27s | $25.6M | $22.9M | 10x |
edgeX SOXLUSDC
tradeXYZ xyz:SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$154.07
- Price spread: −0.050% → −0.030%
- −$2.02
- Slippage, 4 orders
- −$47.19
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$230.28
- Costs to cover
- 0.742%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 63 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 edgeX live order book, 63 min ago | 20.71 bp | 26.4 bp −$26 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.03 bp | 10.8 bp −$11 | 13.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 146.01 | −0.011% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.06 | +0.025% | $52.4M | $185.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.01 | −0.009% | $25.1M | $195.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.99 | −0.023% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.97 | −0.037% | $60.5M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.91 | −0.079% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.04 | +0.011% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | −0.023% | $184K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.10 | +0.052% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.99 | −0.023% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0010% | 8h | 146.03 | +0.001% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.91 | −0.078% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.03 | +0.004% | $739K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.98 | −0.030% | $277K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXLshort | +0.0050% | 1h | 145.95 | −0.050% | $25.6M | $22.9M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.078% | $208K | $550K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0057% | 8h | 146.03 | +0.004% | $1.2M | $480K | 50x | as long as short |
| Binance SOXLUSDT | +0.0059% | 8h | 145.99 | −0.021% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0060% | 8h | 145.96 | −0.044% | $14.2M | $49.3M | 200x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 146.01 | −0.011% | $26K | $247K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.99 | −0.023% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.87 | −0.105% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.01 | −0.009% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.00 | −0.013% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.039% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 146.12 | +0.066% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0366% | 1h | 146.10 | +0.052% | $116K | $280K | 10x | as long as short |
| edgeX SOXLUSDClong | +0.0784% | 4h | 146.02 | long leg | $182K | $326K | 10x |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
BloFin SOXL-USDT
Binance SOXLUSDT
MEXC SOXL_USDT
Extended SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL