Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.062%
Price spread now: OKX against Polymarket Perps−0.071%47s7-day average −0.012% · 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−$2172.168% of the position
Funding, last 6 days (all we have)−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.219%−$22 · spread now −0.071%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.059% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 47 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 | 141.54 | 0.0050 | pay 0.0006% / 1h | 59m 37s | $9K | $289K | 10x |
| Short | OKX SOXL-USDT-SWAP | 141.44 | 0 | get 0.0000% / 8h | 5h 59m | $26.6M | $257.7M | 20x |
Polymarket Perps SOXL-USD
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.5
- Price spread: −0.071% → −0.012%
- −$5.86
- Slippage, 4 orders
- −$198.75
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$233.12
- Costs to cover
- 2.168%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 50 min ago; OKX: live order book, 3 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, 50 min ago | 2.89 bp | 109.0 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.35 bp | 5.7 bp −$6 | 7.9 bp −$79 | 45.3 bp −$4,533 | doesn't fit |
SOXL on 28 exchanges
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 | −0.0525% | 8h | 141.40 | −0.099% | $58.8M | $160.5M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | −0.0032% | 1h | 141.61 | +0.049% | $115K | $385K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | −0.0018% | 1h | 141.38 | −0.113% | $220K | $384K | 10x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.52 | −0.014% | $184K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.41 | −0.095% | $54K | $401K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.52 | −0.014% | $162.1M | $1.63B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.56 | +0.014% | $46.5M | $229.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAPshort | 0.0000% | 8h | 141.44 | −0.071% | $26.6M | $257.7M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 141.43 | −0.078% | $29.1M | $57.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.47 | −0.049% | $17.1M | $60.0M | 200x | as long as short |
Bitget SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Ondo Perps SOXL-USD.P
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
MEXC SOXL_USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 141.18 | −0.253% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | −0.164% | $66K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 141.66 | +0.085% | $1K | $3.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | −0.120% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.55 | +0.007% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0021% | 8h | 141.09 | −0.318% | $1.2M | $508K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.59 | +0.035% | $677K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.42 | −0.085% | $272K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.60 | +0.042% | $22.1M | $32.8M | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0050% | 1h | 141.54 | long leg | $9K | $289K | 10x | |
| QFEX SOXL-USD | +0.0057% | 1h | 141.67 | +0.092% | $262K | $257K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.54 | 0.000% | $6.5M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.79 | −0.530% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.61 | +0.049% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.61 | +0.048% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0159% | 4h | 140.81 | −0.516% | $175K | $334K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 141.62 | +0.057% | $870K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0954% | 1h | 141.37 | −0.121% | $87K | $379K | 20x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD