Funding you earn now, next payment 02:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.007%
Price spread now: QFEX against Phemex+0.208%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1441.438% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.208%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.244% dearer against Phemex than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 144.13 | 0 | get 0.0000% / 8h | 6h 36m | $2.5M | $1.2M | 10x |
| Short | QFEX SOXL-USD | 144.43 | 0.0021 | get 0.0003% / 1h | 36m 52s | $267K | $271K | 30x |
Phemex SOXLUSDT
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $4.32
- Price spread: +0.208% → −0.036%
- $24.44
- Slippage, 4 orders
- −$121.79
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$115.03
- Costs to cover
- 1.438%
- Break-even
- 193.5 days
Slippage from Phemex: live order book, 2 min ago; QFEX: live order book, 17 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, 2 min ago | 4.85 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 17 min ago | 1.71 bp | 6.8 bp −$7 | 8.4 bp −$84 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 144.25 | +0.080% | $247K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 144.29 | +0.111% | $51.9M | $185.7M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.24 | +0.076% | $27.0M | $41.2M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.26 | +0.090% | $1K | $4.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 144.11 | −0.014% | $117K | $276K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.23 | +0.069% | $182K | $616K | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 144.13 | long leg | $2.5M | $1.2M | 10x | |
| QFEX SOXL-USDshort | +0.0021% | 1h | 144.43 | +0.208% | $267K | $271K | 30x | |
| Lighter SOXL | +0.0032% | 1h | 144.10 | −0.021% | $807K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.14 | +0.007% | $346K | $1.8M | 20x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Lighter SOXL
Lighter RH SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.18 | +0.035% | $25.5M | $22.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 144.38 | +0.173% | $3K | $269K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.41 | +0.888% | $207K | $651K | 10x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0054% | 8h | 144.21 | +0.056% | $24.6M | $190.3M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.25 | +0.083% | $6.9M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.62 | +0.340% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.26 | +0.090% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.24 | +0.073% | $6K | — | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0109% | 8h | 144.66 | +0.368% | $71K | $168K | 10x | as long as short |
| Variational Omni SOXL | +0.0179% | 8h | 145.26 | +0.786% | $2.4M | $4.9M | — | as long as short |
| Extended SOXL-USD | +0.0200% | 1h | 144.18 | +0.037% | $24K | $254K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 144.42 | +0.201% | $804K | $2.5M | 10x | as long as short |
| Binance SOXLUSDT | +0.0202% | 8h | 144.26 | +0.090% | $169.2M | $1.23B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0204% | 8h | 144.23 | +0.069% | $14.8M | $47.9M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0206% | 8h | 145.57 | +0.999% | $1.3M | $490K | 50x | as long as short |
| Bitget SOXLUSDT | +0.0216% | 8h | 144.18 | +0.035% | $59.8M | $112.6M | 20x | as long as short |
| edgeX SOXLUSDC | +0.0409% | 4h | 144.65 | +0.361% | $180K | $323K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0416% | 1h | 144.34 | +0.144% | $88K | $304K | 20x | as long as short |
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
OKX SOXL-USDT-SWAP
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
GRVT SOXL_USDT_Perp
Variational Omni SOXL
Extended SOXL-USD
Coinbase International SOXL-PERP-INTX
Binance SOXLUSDT
MEXC SOXL_USDT
BloFin SOXL-USDT
Bitget SOXLUSDT
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD