Funding you earn now, next payment 03:00 UTC−0.0290%/8h= −31.8% APRpaid last 24h −0.061%
Price spread now: Gate against Polymarket Perps−0.055%48s7-day average −0.010% · 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−$410.410% of the position
Funding, last 5 days (all we have)−0.294%−$29 on $10k
+Price spread, last 4 days (all we have)−0.416%−$42 · spread now −0.055%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.045% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 48 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 | Polymarket Perps SOXL-USD | 146.06 | 0.0290 | pay 0.0036% / 1h | 1m 42s | $3K | $269K | 10x |
| Short | Gate SOXL_USDT | 145.98 | 0 | get 0.0000% / 8h | 5h 01m | $27.4M | $43.0M | 50x |
Polymarket Perps SOXL-USD
Gate SOXL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$61
- Price spread: −0.055% → −0.010%
- −$4.49
- Slippage, 4 orders
- −$18.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$106.52
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 60 min ago; Gate: live order book, 2 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, 60 min ago | 3.10 bp | 7.8 bp −$8 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.03 bp | 13.3 bp −$13 | 26.0 bp −$260 | 36.8 bp −$3,681 | 47.4 bp −$23.7K |
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 | 146.00 | −0.038% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.03 | −0.021% | $52.4M | $185.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.95 | −0.075% | $25.1M | $195.4M | 20x | as long as short |
| Gate SOXL_USDTshort | 0.0000% | 8h | 145.98 | −0.055% | $27.4M | $43.0M | 50x | |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.97 | −0.062% | $60.5M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 146.13 | +0.050% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.94 | −0.082% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | −0.048% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.00 | −0.041% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.85 | −0.144% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0017% | 8h | 145.98 | −0.057% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.84 | −0.152% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.98 | −0.055% | $739K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.95 | −0.075% | $280K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.97 | −0.062% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.103% | $208K | $550K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0060% | 8h | 145.98 | −0.055% | $14.2M | $49.3M | 200x | as long as short |
| Binance SOXLUSDT | +0.0060% | 8h | 145.99 | −0.048% | $170.9M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 145.94 | −0.081% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0075% | 8h | 145.75 | −0.212% | $1.2M | $479K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.96 | −0.068% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.13 | +0.048% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.93 | −0.089% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.92 | −0.098% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.014% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0290% | 1h | 146.06 | long leg | $3K | $269K | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0298% | 1h | 145.95 | −0.075% | $116K | $280K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | −0.025% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
MEXC SOXL_USDT
Binance SOXLUSDT
Extended SOXL-USD
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC