Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against MEXC−0.124%79s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as 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−$180.182% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.124%, 7d avg −0.036%
=Funding pays, the price is against you. BloFin is 0.088% cheaper against MEXC than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of −0.036%). If the spread goes back, that is −$9 on $10k: about 13 days of funding at the current rate (+$1 a day). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXL_USDT | 145.14 | 0.0080 | pay 0.0080% / 8h | 5h 23m | $15.3M | $49.0M | 200x |
| Short | BloFin SOXL-USDT | 144.96 | 0.0103 | get 0.0103% / 8h | 5h 23m | $1.2M | $478K | 50x |
MEXC SOXL_USDT
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $4.75
- Price spread: −0.124% → −0.036%
- −$8.81
- Slippage, 4 orders
- −$6.19
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$22.25
- Costs to cover
- 0.182%
- Break-even
- 39.8 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 4 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 MEXC live order book, 5 min ago | 0.34 bp | 0.3 bp $0 | 0.8 bp −$8 | 3.2 bp −$321 | 23.7 bp −$11.9K |
| Sell BloFin live order book, 4 min ago | 1.38 bp | 7.4 bp −$7 | 8.6 bp −$86 | 14.7 bp −$1,468 | 42.3 bp −$21.2K |
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 | 145.13 | −0.009% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.18 | +0.028% | $52.1M | $184.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.09 | −0.034% | $24.7M | $191.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.12 | −0.014% | $27.2M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.12 | −0.014% | $60.1M | $111.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | −0.083% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.11 | −0.021% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.91 | −0.158% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.11 | −0.021% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.93 | −0.145% | $268K | $271K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.09 | −0.033% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.10 | −0.028% | $795K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.12 | −0.014% | $316K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | −0.058% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.06 | −0.055% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.93 | −0.145% | $207K | $581K | 10x | as long as short |
| Binance SOXLUSDT | +0.0077% | 8h | 145.12 | −0.014% | $169.2M | $1.23B | 50x | as long as short |
| Extended SOXL-USD | +0.0080% | 1h | 145.10 | −0.027% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDTlong | +0.0080% | 8h | 145.14 | long leg | $15.3M | $49.0M | 200x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0095% | 1h | 145.11 | −0.021% | $115K | $280K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.15 | +0.007% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.04 | −0.069% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.06 | −0.055% | $1K | $5K | 20x | as long as short |
| BloFin SOXL-USDTshort | +0.0103% | 8h | 144.96 | −0.124% | $1.2M | $478K | 50x | |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.03 | −0.077% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.03 | −0.076% | $816K | $2.4M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0248% | 1h | 145.13 | −0.007% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0922% | 4h | 145.00 | −0.093% | $181K | $324K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
Extended SOXL-USD
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC