Funding you earn now, next payment 05:00 UTC+0.0816%/8h= +89.3% APRpaid last 24h +0.040%
Price spread now: Deribit against SunX−0.085%61s7-day average −0.029% · 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−$910.911% of the position
Funding, last 4 days (all we have)+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.085%, 7d avg −0.029%
=Funding pays, the price is against you. Deribit is 0.056% cheaper against SunX than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.029%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$24 a day). At the pace of the last 4 days (+0.107% in total) that is about 2.0 days. The two prices were read 61 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 4 days it paid 0.107% in total (about 10.1% a year). A funding rate is set anew for every payment. 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 | SunX SOXL-USDT | 141.02 | 0 | get 0.0000% / 8h | 3h 14m | $1K | $4.3M | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 140.90 | 0.0816 | get 0.0102% / 1h | 14m 24s | $110K | $333K | 10x |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $171.3
- Price spread: −0.085% → −0.029%
- −$5.61
- Slippage, 4 orders
- −$76.07
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $74.62
- Costs to cover
- 0.911%
- Break-even
- 4.0 days
Slippage from SunX: live order book, 4 min ago; Deribit: live order book, 39 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, 4 min ago | 28.84 bp | 32.8 bp −$33 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 39 min ago | 7.28 bp | 11.5 bp −$11 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1080% | 8h | 140.94 | −0.057% | $58.8M | $122.1M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0020% | 8h | 141.04 | +0.014% | $1.2M | $471K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.80 | −0.159% | $212K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.80 | −0.155% | $33K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.92 | −0.068% | $165.3M | $1.32B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.94 | −0.057% | $47.6M | $207.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.93 | −0.064% | $24.9M | $203.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.90 | −0.085% | $26.2M | $45.2M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.98 | −0.028% | $14.6M | $51.2M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.11 | +0.064% | $2.2M | $4.9M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.95 | −0.050% | $67K | $187K | 10x | as long as short |
| SunX SOXL-USDTlong | 0.0000% | 8h | 141.02 | long leg | $1K | $4.3M | 10x | |
| HTX SOXL-USDT | 0.0000% | 8h | 140.91 | −0.078% | $116K | $851K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.86 | −0.113% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 140.79 | −0.163% | $260K | $266K | 30x | as long as short |
| edgeX SOXLUSDC | +0.0010% | 4h | 140.76 | −0.187% | $175K | $330K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.69 | −0.234% | $691K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.69 | −0.234% | $261K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.66 | −0.255% | $207K | $500K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 141.09 | +0.049% | $83K | $294K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0055% | 1h | 140.88 | −0.099% | $24.9M | $23.5M | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.93 | −0.064% | $6.7M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.84 | −0.128% | $37K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.85 | −0.121% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.90 | −0.082% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 141.21 | +0.135% | $880K | $2.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0395% | 1h | 141.09 | +0.050% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0816% | 1h | 140.90 | −0.085% | $110K | $333K | 10x |
GRVT SOXL_USDT_Perp
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
edgeX SOXLUSDC
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD