Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against SunX+0.068%47s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$780.782% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.068%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.103% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.034%. 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 | SunX SOXL-USDT | 146.61 | 0 | get 0.0000% / 8h | 7h 45m | $1K | $4.6M | 10x |
| Short | OKX SOXL-USDT-SWAP | 146.71 | 0.0067 | get 0.0067% / 8h | 7h 45m | $25.7M | $186.0M | 20x |
SunX SOXL-USDT
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.98
- Price spread: +0.068% → −0.034%
- $10.25
- Slippage, 4 orders
- −$60.23
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.01
- Costs to cover
- 0.782%
- Break-even
- 34.0 days
Slippage from SunX: live order book, 3 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 SunX live order book, 3 min ago | 28.99 bp | 33.0 bp −$33 | 61.8 bp −$618 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.34 bp | 5.3 bp −$5 | 7.0 bp −$70 | 23.7 bp −$2,369 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 146.38 | −0.157% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.61 | 0.000% | $28.1M | $38.5M | 50x | as long as short |
| SunX SOXL-USDTlong | 0.0000% | 8h | 146.61 | long leg | $1K | $4.6M | 10x | |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.63 | +0.014% | $2.5M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.55 | −0.041% | $813K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.59 | −0.014% | $347K | $1.8M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0053% | 1h | 146.56 | −0.034% | $242K | $768K | 10x | as long as short |
| OKX SOXL-USDT-SWAPshort | +0.0067% | 8h | 146.71 | +0.068% | $25.7M | $186.0M | 20x | |
| QFEX SOXL-USD | +0.0070% | 1h | 146.57 | −0.027% | $271K | $271K | 30x | as long as short |
| Variational Omni SOXL | +0.0070% | 8h | 146.70 | +0.063% | $2.3M | $5.0M | — | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | +0.0089% | 8h | 146.82 | +0.143% | $1.2M | $495K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.46 | −0.102% | $7.0M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.81 | +0.136% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.64 | +0.020% | $1K | $5K | 20x | as long as short |
| MEXC SOXL_USDT | +0.0103% | 8h | 146.59 | −0.014% | $13.9M | $46.9M | 200x | as long as short |
| Extended SOXL-USD | +0.0104% | 1h | 146.58 | −0.022% | $25K | $318K | 10x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.59 | −0.011% | $6K | — | 10x | as long as short |
| Binance SOXLUSDT | +0.0109% | 8h | 146.62 | +0.004% | $173.5M | $1.20B | 50x | as long as short |
| Bitget SOXLUSDT | +0.0129% | 8h | 146.65 | +0.027% | $62.2M | $109.8M | 20x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.68 | +0.048% | $1.1M | $2.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0296% | 1h | 146.64 | +0.020% | $119K | $276K | 10x | as long as short |
| HTX SOXL-USDT | +0.0296% | 8h | 146.80 | +0.130% | $185K | $592K | 50x | as long as short |
| edgeX SOXLUSDC | +0.0377% | 4h | 146.33 | −0.190% | $182K | $322K | 10x | as long as short |
| Bybit SOXLUSDT | +0.0422% | 8h | 146.68 | +0.048% | $52.8M | $179.3M | 100x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0425% | 1h | 146.50 | −0.078% | $89K | $309K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0508% | 1h | 146.61 | 0.000% | $26.7M | $20.9M | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0878% | 8h | 146.31 | −0.205% | $72K | $160K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0923% | 1h | 146.79 | +0.123% | $5K | $266K | 10x | as long as short |
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
MEXC SOXL_USDT
Extended SOXL-USD
Aevo SOXL-PERP
Binance SOXLUSDT
Bitget SOXLUSDT
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
edgeX SOXLUSDC
Bybit SOXLUSDT
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
GRVT SOXL_USDT_Perp
Polymarket Perps SOXL-USD