Funding you earn now, next payment 23:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.010%
Price spread now: Coinbase International against Extended+0.208%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days+0.313%+$31 on $10k
+Price spread, last 3 days (all we have)−0.248%−$25 · spread now +0.208%, 7d avg +0.020%
=Together, before fees+0.065%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.188% dearer against Extended than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOXL-USD | 144.50 | 0.0024 | pay 0.0003% / 1h | 13m 44s | $27K | $338K | 10x |
| Short | Coinbase International SOXL-PERP-INTX | 144.80 | 0.0144 | get 0.0018% / 1h | 13m 44s | $977K | $2.3M | 10x |
Extended SOXL-USD
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $25.2
- Price spread: +0.208% → +0.020%
- $18.82
- Slippage, 4 orders
- −$11.63
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $17.39
- Costs to cover
- 0.266%
- Break-even
- 2.2 days
Slippage from Extended: live order book, 64 min ago; Coinbase International: 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 Extended live order book, 64 min ago | 0.70 bp | 3.6 bp −$4 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.14 bp | 9.1 bp −$9 | 14.3 bp −$143 | 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 | −0.060% | $90K | $303K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.56 | +0.045% | $213K | $1.6M | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.50 | +0.001% | $25.6M | $183.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.49 | −0.006% | $27.4M | $39.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.49 | −0.006% | $60.2M | $109.2M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 144.68 | +0.128% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.67 | +0.118% | $71K | $163K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.52 | +0.015% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.71 | +0.146% | $195K | $606K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.51 | +0.008% | $2.5M | $1.2M | 10x | as long as short |
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 SOXLUSDTShow 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 | +0.125% | $1.2M | $489K | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.48 | −0.013% | $307K | $257K | 30x | as long as short |
| Binance SOXLUSDT | +0.0023% | 8h | 144.52 | +0.016% | $171.9M | $1.19B | 50x | as long as short |
| Extended SOXL-USDlong | +0.0024% | 1h | 144.50 | long leg | $27K | $338K | 10x | |
| MEXC SOXL_USDT | +0.0024% | 8h | 144.51 | +0.008% | $14.1M | $46.6M | 200x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.51 | +0.008% | $342K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.64 | +0.098% | $238K | $915K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.57 | +0.049% | $6.9M | $10.8M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.58 | +0.056% | $38K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.50 | +0.001% | $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 | +0.035% | $51.5M | $178.2M | 100x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0144% | 1h | 144.80 | +0.208% | $977K | $2.3M | 10x | |
| tradeXYZ xyz:SOXL | +0.0184% | 1h | 144.45 | −0.034% | $26.2M | $22.0M | 10x | as long as short |
| Lighter SOXL | +0.0184% | 1h | 144.47 | −0.020% | $802K | $2.6M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0373% | 1h | 144.47 | −0.020% | $117K | $299K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0575% | 1h | 144.63 | +0.091% | $5K | $265K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0954% | 4h | 144.71 | +0.147% | $180K | $324K | 10x | as long as short |
BloFin SOXL-USDT
QFEX SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
Lighter RH SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Bybit SOXLUSDT
tradeXYZ xyz:SOXL
Lighter SOXL
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC