Funding you earn now, next payment 01:00 UTC+0.0187%/8h= +20.5% APRpaid last 24h −0.004%
Price spread now: Bybit against Ondo Perps−0.755%7-day average +0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)+0.905%+$91 · spread now −0.755%, 7d avg +0.080%
=Together, before fees+0.997%+ Points / potential airdropOndo Perps: Active · farm board+$100 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.835% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.755% now, against its 7-day average of +0.080%). If the spread goes back, that is −$84 on $10k: about 15 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.092% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% 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 | Ondo Perps SOXL-USD.P | 146.93 | 0.0050 | pay 0.0006% / 1h | 23m 59s | $242K | $747K | 10x |
| Short | Bybit SOXLUSDT | 145.82 | 0.0237 | get 0.0237% / 8h | 7h 23m | $52.9M | $182.2M | 100x |
Ondo Perps SOXL-USD.P
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- $39.24
- Price spread: −0.755% → +0.080%
- −$83.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$60.3
- Costs to cover
- 0.160%
- Break-even
- 17.8 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 0.68 bp | 6.9 bp −$7 | 10.6 bp −$106 | 61.3 bp −$6,130 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 145.85 | −0.734% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.76 | −0.796% | $27.8M | $39.2M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.77 | −0.789% | $2K | $4.5M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.69 | −0.844% | $2.5M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.63 | −0.885% | $811K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.68 | −0.851% | $344K | $1.8M | 20x | as long as short |
| Ondo Perps SOXL-USD.Plong | +0.0050% | 1h | 146.93 | long leg | $242K | $747K | 10x | |
| QFEX SOXL-USD | +0.0070% | 1h | 145.89 | −0.708% | $270K | $271K | 30x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0093% | 1h | 145.72 | −0.824% | $118K | $273K | 10x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0099% | 8h | 145.83 | −0.749% | $26.8M | $188.7M | 20x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
Deribit SOXL_USDC-PERPETUAL
OKX SOXL-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.90 | −0.701% | $7.0M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.78 | −0.102% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.80 | −0.769% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.77 | −0.793% | $6K | — | 10x | as long as short |
| Variational Omni SOXL | +0.0150% | 8h | 146.81 | −0.081% | $2.3M | $4.9M | — | as long as short |
| HTX SOXL-USDT | +0.0155% | 8h | 146.51 | −0.286% | $185K | $628K | 50x | as long as short |
| Extended SOXL-USD | +0.0184% | 1h | 145.73 | −0.820% | $25K | $318K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0187% | 8h | 145.71 | −0.830% | $13.1M | $47.6M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0188% | 8h | 146.43 | −0.340% | $1.3M | $498K | 50x | as long as short |
| Binance SOXLUSDT | +0.0188% | 8h | 145.73 | −0.818% | $171.1M | $1.21B | 50x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.95 | +0.014% | $1.1M | $2.2M | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0210% | 1h | 145.70 | −0.837% | $26.3M | $21.5M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0216% | 4h | 147.00 | +0.048% | $183K | $321K | 10x | as long as short |
| Bybit SOXLUSDTshort | +0.0237% | 8h | 145.82 | −0.755% | $52.9M | $182.2M | 100x | |
| Kraken Futures PF_SOXLUSD | +0.0426% | 1h | 145.87 | −0.724% | $88K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0454% | 8h | 145.86 | −0.728% | $61.7M | $111.5M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0605% | 1h | 146.10 | −0.565% | $5K | $266K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0775% | 8h | 146.97 | +0.028% | $72K | $159K | 10x | as long as short |
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Variational Omni SOXL
HTX SOXL-USDT
Extended SOXL-USD
MEXC SOXL_USDT
BloFin SOXL-USDT
Binance SOXLUSDT
Coinbase International SOXL-PERP-INTX
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
Polymarket Perps SOXL-USD
GRVT SOXL_USDT_Perp