Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against Phemex−0.218%50s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$1041.038% of the position
Funding, last 7 days+0.281%+$28 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.218%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.265% cheaper against Phemex than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 50 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 | Phemex SOXLUSDT | 142.21 | 0 | get 0.0000% / 8h | 3h 38m | $2.4M | $1.2M | 10x |
| Short | MEXC SOXL_USDT | 141.90 | 0 | get 0.0000% / 8h | 3h 38m | $13.7M | $49.9M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Phemex. 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
- $0
- Price spread: −0.218% → +0.047%
- −$26.48
- Slippage, 4 orders
- −$91.76
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$130.24
- Costs to cover
- 1.038%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; MEXC: 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 Phemex live order book, 5 min ago | 2.79 bp | 63.0 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.35 bp | 0.3 bp $0 | 1.0 bp −$10 | 3.2 bp −$320 | 29.0 bp −$14.5K |
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 | −0.0045% | 8h | 141.94 | −0.190% | $58.7M | $116.3M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.87 | −0.240% | $227K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.93 | −0.195% | $31K | $270K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.92 | −0.206% | $164.9M | $1.28B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.85 | −0.253% | $47.1M | $197.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.93 | −0.197% | $24.0M | $198.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.95 | −0.183% | $26.2M | $44.0M | 50x | as long as short |
| MEXC SOXL_USDTshort | 0.0000% | 8h | 141.90 | −0.218% | $13.7M | $49.9M | 200x | |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.443% | $2.2M | $4.8M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.70 | +0.346% | $67K | $180K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 142.06 | −0.105% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.00 | −0.148% | $177K | $577K | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 142.21 | long leg | $2.4M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0004% | 1h | 141.90 | −0.218% | $262K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0009% | 8h | 141.98 | −0.162% | $1.2M | $467K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.86 | −0.246% | $699K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.84 | −0.260% | $267K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.81 | −0.281% | $24.9M | $22.9M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0050% | 1h | 141.97 | −0.165% | $86K | $287K | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 142.10 | −0.077% | $200K | $484K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.92 | −0.204% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.38 | +0.823% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.81 | −0.281% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.84 | −0.258% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 142.11 | −0.070% | $775K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0209% | 1h | 142.00 | −0.148% | $3K | $268K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0314% | 1h | 141.85 | −0.253% | $110K | $316K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0548% | 4h | 142.90 | +0.485% | $178K | $328K | 10x | as long as short |
Phemex SOXLUSDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC