Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against SunX+0.040%46s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as 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−$760.760% of the position
Funding, last 7 days+0.242%+$24 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.040%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.094% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.055%. The two prices were read 46 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 | SunX SOXL-USDT | 145.94 | 0 | get 0.0000% / 8h | 5h 01m | $1K | $4.3M | 10x |
| Short | Binance SOXLUSDT | 146.00 | 0.0060 | get 0.0060% / 8h | 5h 01m | $170.9M | $1.24B | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $12.68
- Price spread: +0.040% → −0.055%
- $9.45
- Slippage, 4 orders
- −$57.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.82
- Costs to cover
- 0.760%
- Break-even
- 36.7 days
Slippage from SunX: live order book, 7 min ago; Binance: live order book, 13 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 SunX live order book, 7 min ago | 28.43 bp | 32.4 bp −$32 | 61.7 bp −$617 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.34 bp | 5.7 bp −$6 | 7.2 bp −$72 | 18.3 bp −$1,827 | 87.3 bp −$43.6K |
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 | 145.98 | +0.030% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.02 | +0.055% | $52.4M | $185.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.98 | +0.027% | $25.1M | $195.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.98 | +0.027% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.00 | +0.041% | $60.6M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.91 | −0.021% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDTlong | 0.0000% | 8h | 145.94 | long leg | $1K | $4.3M | 10x | |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | +0.034% | $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 | 145.91 | −0.021% | $270K | $266K | 30x | as long as short |
Show 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 | +0.025% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.84 | −0.070% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.98 | +0.027% | $739K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.95 | +0.007% | $280K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.96 | +0.014% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.021% | $208K | $550K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0060% | 8h | 146.00 | +0.041% | $14.2M | $49.3M | 200x | as long as short |
| Binance SOXLUSDTshort | +0.0060% | 8h | 146.00 | +0.040% | $170.9M | $1.24B | 50x | |
| Extended SOXL-USD | +0.0064% | 1h | 145.94 | +0.001% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0075% | 8h | 145.75 | −0.130% | $1.2M | $479K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.95 | +0.007% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.87 | −0.048% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.93 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.92 | −0.016% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.096% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 146.12 | +0.123% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0298% | 1h | 145.95 | +0.007% | $116K | $280K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | +0.057% | $182K | $326K | 10x | as long as short |
SunX SOXL-USDT
Binance SOXLUSDT
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
HTX SOXL-USDT
Phemex SOXLUSDT
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
MEXC SOXL_USDT
Extended SOXL-USD
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC