Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against OKX−0.100%103s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as 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−$260.263% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.100%, 7d avg +0.045%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.145% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you. The two prices were read 103 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 | OKX SOXL-USDT-SWAP | 140.50 | 0 | get 0.0000% / 8h | 2h 09m | $26.6M | $223.1M | 20x |
| Short | BloFin SOXL-USDT | 140.36 | −0.0010 | pay 0.0010% / 8h | 2h 09m | $1.3M | $471K | 50x |
OKX SOXL-USDT-SWAP
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$2.08
- Price spread: −0.100% → +0.045%
- −$14.5
- Slippage, 4 orders
- −$4.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.92
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BloFin: 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 OKX live order book, 5 min ago | 0.36 bp | 6.1 bp −$6 | 9.2 bp −$92 | 43.6 bp −$4,364 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.07 bp | 7.8 bp −$8 | 8.0 bp −$80 | 16.5 bp −$1,650 | 53.1 bp −$26.5K |
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 | −0.2288% | 8h | 140.51 | +0.007% | $60.5M | $135.5M | 20x | as long as short |
| BloFin SOXL-USDTshort | −0.0010% | 8h | 140.36 | −0.100% | $1.3M | $471K | 50x | |
| Aster SOXLUSDT | 0.0000% | 8h | 140.51 | +0.006% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.52 | +0.014% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.51 | +0.007% | $166.5M | $1.43B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.52 | +0.014% | $47.1M | $225.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAPlong | 0.0000% | 8h | 140.50 | long leg | $26.6M | $223.1M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 140.59 | +0.064% | $28.2M | $48.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.57 | +0.050% | $17.0M | $54.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | −0.178% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
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 | 140.30 | −0.142% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.45 | −0.036% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.64 | +0.100% | $92K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.34 | −0.114% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.51 | +0.007% | $271K | $1.7M | 20x | as long as short |
| Lighter SOXL | +0.0040% | 1h | 140.54 | +0.028% | $695K | $2.3M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.39 | −0.078% | $22.5M | $29.1M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.27 | −0.164% | $219K | $508K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.54 | +0.028% | $260K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.53 | +0.021% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.24 | −0.185% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.43 | −0.050% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.48 | −0.016% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0106% | 1h | 140.47 | −0.021% | $109K | $339K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.43 | −0.050% | $971K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0473% | 1h | 140.59 | +0.064% | $8K | $290K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0652% | 1h | 140.23 | −0.195% | $83K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0682% | 4h | 140.28 | −0.159% | $175K | $329K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Lighter SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC