SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0551%/8h= −60.3% APRnext payment −$0.69 per $10,000 · paid last 24h −0.015%

Price spread now: Extended against Polymarket Perps−0.091%49s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.229% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.203%−$20 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now −0.091%, 7d avg −0.020%

Together, before fees−0.266%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Extended is 0.070% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.203% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.69 per $10,000. 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	Polymarket Perps SOXL-USD	144.63	0.0575	pay 0.0072% / 1h	13m 39s	$5K	$265K	10x
Short	Extended SOXL-USD	144.50	0.0024	get 0.0003% / 1h	13m 39s	$27K	$338K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$115.72
Price spread: −0.091% → −0.020%: −$7.04
Slippage, 4 orders: −$9.91
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$145.67
Costs to cover: 0.229%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 63 min ago; Extended: live order book, 64 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 Polymarket Perps live order book, 63 min ago	2.79 bp	6.8 bp −$7	9.3 bp −$93	doesn't fit	doesn't fit
Sell Extended live order book, 64 min ago	0.70 bp	3.6 bp −$4	13.0 bp −$130	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
Kraken Futures PF_SOXLUSD	−0.0023%	1h	144.41	−0.150%	$90K	$303K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.56	−0.046%	$213K	$1.6M	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.50	−0.090%	$25.6M	$183.8M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.49	−0.097%	$27.4M	$39.6M	50x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.49	−0.097%	$60.2M	$109.2M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	144.68	+0.037%	$2.2M	$4.9M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	144.67	+0.028%	$71K	$163K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.52	−0.076%	$1K	$4.7M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.71	+0.055%	$195K	$606K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.51	−0.083%	$2.5M	$1.2M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0003%	8h	144.68	+0.035%	$1.2M	$489K	50x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.48	−0.104%	$307K	$257K	30x	as long as short
Binance SOXLUSDT	+0.0023%	8h	144.52	−0.075%	$171.9M	$1.19B	50x	as long as short
Extended SOXL-USDshort	+0.0024%	1h	144.50	−0.091%	$27K	$338K	10x
MEXC SOXL_USDT	+0.0024%	8h	144.51	−0.083%	$14.1M	$46.6M	200x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.51	−0.083%	$342K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.64	+0.007%	$238K	$915K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.57	−0.041%	$6.9M	$10.8M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.58	−0.035%	$38K	$141K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.50	−0.090%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.48	−0.101%	$6K	—	10x	as long as short
Bybit SOXLUSDT	+0.0111%	8h	144.55	−0.055%	$51.5M	$178.2M	100x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0144%	1h	144.80	+0.118%	$977K	$2.3M	10x	as long as short
tradeXYZ xyz:SOXL	+0.0184%	1h	144.45	−0.124%	$26.2M	$22.0M	10x	as long as short
Lighter SOXL	+0.0184%	1h	144.47	−0.111%	$802K	$2.6M	20x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0373%	1h	144.47	−0.111%	$117K	$299K	10x	as long as short
Polymarket Perps SOXL-USDlong	+0.0575%	1h	144.63	long leg	$5K	$265K	10x
edgeX SOXLUSDC	+0.0954%	4h	144.71	+0.056%	$180K	$324K	10x	as long as short