Funding you earn now, next payment 08:00 UTC−0.0170%/8h= −18.6% APRnext payment −$1.70 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against MEXC+0.027%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$130.125% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.027%, 7d avg −0.035%
=The price spread pays, funding is against you. OKX is 0.063% dearer against MEXC than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.035%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.056% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXL_USDT | 146.62 | 0.0273 | pay 0.0273% / 8h | 6h 59m | $14.0M | $46.8M | 200x |
| Short | OKX SOXL-USDT-SWAP | 146.66 | 0.0103 | get 0.0103% / 8h | 6h 59m | $26.4M | $190.6M | 20x |
MEXC SOXL_USDT
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$35.75
- Price spread: +0.027% → −0.035%
- $6.25
- Slippage, 4 orders
- −$2.53
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.03
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: 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 MEXC live order book, 4 min ago | 0.34 bp | 0.3 bp $0 | 0.7 bp −$7 | 2.6 bp −$264 | 20.7 bp −$10.4K |
| Sell OKX live order book, 5 min ago | 0.34 bp | 6.5 bp −$7 | 9.3 bp −$93 | 34.9 bp −$3,492 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps SOXL-USD.P | −0.0075% | 1h | 146.62 | 0.000% | $229K | $723K | 10x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.68 | +0.041% | $53.0M | $182.9M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.65 | +0.020% | $27.4M | $39.4M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.72 | +0.068% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 146.72 | +0.068% | $119K | $287K | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.73 | +0.075% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0020% | 8h | 146.71 | +0.061% | $254K | $1.6M | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.57 | −0.034% | $816K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.61 | −0.007% | $349K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 146.58 | −0.027% | $26.3M | $22.2M | 10x | as long as short |
Ondo Perps SOXL-USD.P
Bybit SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
Phemex SOXLUSDT
Aster SOXLUSDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SOXL-USD | +0.0070% | 1h | 146.58 | −0.027% | $271K | $271K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.70 | +0.055% | $7.0M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.58 | −0.027% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.72 | +0.068% | $1K | $5K | 20x | as long as short |
| OKX SOXL-USDT-SWAPshort | +0.0103% | 8h | 146.66 | +0.027% | $26.4M | $190.6M | 20x | |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.71 | +0.060% | $6K | — | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0206% | 1h | 146.73 | +0.075% | $5K | $266K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.68 | +0.041% | $955K | $2.4M | 10x | as long as short |
| HTX SOXL-USDT | +0.0223% | 8h | 146.81 | +0.130% | $185K | $624K | 50x | as long as short |
| Variational Omni SOXL | +0.0238% | 8h | 146.74 | +0.081% | $2.4M | $5.0M | — | as long as short |
| Extended SOXL-USD | +0.0272% | 1h | 146.57 | −0.037% | $25K | $273K | 10x | as long as short |
| MEXC SOXL_USDTlong | +0.0273% | 8h | 146.62 | long leg | $14.0M | $46.8M | 200x | |
| Binance SOXLUSDT | +0.0275% | 8h | 146.63 | +0.009% | $171.9M | $1.22B | 50x | as long as short |
| BloFin SOXL-USDT | +0.0297% | 8h | 146.71 | +0.061% | $1.3M | $496K | 50x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0424% | 1h | 146.59 | −0.017% | $89K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0646% | 8h | 146.61 | −0.007% | $61.8M | $112.6M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0738% | 8h | 146.75 | +0.087% | $72K | $164K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0851% | 4h | 146.64 | +0.013% | $183K | $323K | 10x | as long as short |
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
HTX SOXL-USDT
Variational Omni SOXL
Extended SOXL-USD
Binance SOXLUSDT
BloFin SOXL-USDT
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC