Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps−0.069%7-day average +0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.069%, 7d avg +0.079%
=Together, before fees−0.187%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.148% cheaper against Ondo Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SOXL-USD.P | 145.21 | 0.0050 | pay 0.0006% / 1h | 25m 29s | $207K | $582K | 10x |
| Short | Phemex SOXLUSDT | 145.11 | 0 | get 0.0000% / 8h | 5h 25m | $2.5M | $1.2M | 10x |
Ondo Perps SOXL-USD.P
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$10.58
- Price spread: −0.069% → +0.079%
- −$14.8
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$42.39
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 3 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 Phemex live order book, 3 min ago | 2.07 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | 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 | 144.98 | −0.155% | $244K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 144.97 | −0.165% | $52.0M | $184.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.90 | −0.213% | $24.7M | $191.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.96 | −0.172% | $27.2M | $42.5M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.93 | −0.193% | $60.1M | $111.9M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | −0.131% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.09 | −0.083% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.27 | +0.041% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 145.11 | −0.069% | $2.5M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0004% | 1h | 144.95 | −0.179% | $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
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 | 145.08 | −0.090% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 144.92 | −0.200% | $798K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.90 | −0.213% | $328K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | −0.107% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.87 | −0.234% | $25.3M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.Plong | +0.0050% | 1h | 145.21 | long leg | $207K | $582K | 10x | |
| BloFin SOXL-USDT | +0.0074% | 8h | 145.06 | −0.103% | $1.2M | $478K | 50x | as long as short |
| Extended SOXL-USD | +0.0080% | 1h | 144.92 | −0.199% | $24K | $244K | 10x | as long as short |
| Binance SOXLUSDT | +0.0081% | 8h | 144.97 | −0.167% | $169.0M | $1.23B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0082% | 8h | 144.92 | −0.200% | $15.3M | $49.0M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.98 | −0.158% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.04 | −0.117% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.03 | −0.124% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.01 | −0.135% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.03 | −0.124% | $816K | $2.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0233% | 1h | 145.08 | −0.090% | $115K | $279K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0249% | 1h | 145.04 | −0.117% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0922% | 4h | 145.00 | −0.141% | $181K | $324K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
BloFin SOXL-USDT
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC