Funding you earn now, next payment 03:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.40 per $10,000 · paid last 24h +0.020%
Price spread now: Deribit against tradeXYZ+0.041%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 4 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.041%, 7d avg +0.032%
=Together, before fees−0.199%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.036% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 per $10,000. 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 | tradeXYZ xyz:SOXL | 146.04 | 0.0050 | pay 0.0006% / 1h | 1m 04s | $25.6M | $22.9M | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 146.10 | 0.0366 | get 0.0046% / 1h | 1m 04s | $116K | $280K | 10x |
tradeXYZ xyz:SOXL
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against tradeXYZ. 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
- $66.44
- Price spread: +0.041% → +0.032%
- $0.9
- Slippage, 4 orders
- −$19.92
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $22.42
- Costs to cover
- 0.449%
- Break-even
- 4.6 days
Slippage from tradeXYZ: live order book, 8 min ago; Deribit: live order book, 62 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 tradeXYZ live order book, 8 min ago | 1.03 bp | 10.8 bp −$11 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 62 min ago | 5.18 bp | 8.7 bp −$9 | 12.4 bp −$124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 146.03 | −0.006% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.12 | +0.055% | $52.4M | $185.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.06 | +0.014% | $25.1M | $195.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.07 | +0.021% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.05 | +0.007% | $60.6M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.91 | −0.090% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.04 | 0.000% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | −0.034% | $184K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.10 | +0.041% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.91 | −0.089% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
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 | +0.0010% | 8h | 146.03 | −0.010% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.91 | −0.090% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.08 | +0.027% | $740K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.04 | 0.000% | $278K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXLlong | +0.0050% | 1h | 146.04 | long leg | $25.6M | $22.9M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.089% | $208K | $550K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0057% | 8h | 146.03 | −0.007% | $1.2M | $480K | 50x | as long as short |
| MEXC SOXL_USDT | +0.0060% | 8h | 146.10 | +0.041% | $14.2M | $49.3M | 200x | as long as short |
| Binance SOXLUSDT | +0.0060% | 8h | 146.09 | +0.034% | $171.0M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 146.05 | +0.005% | $26K | $247K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.05 | +0.007% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.87 | −0.116% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.03 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.01 | −0.020% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.027% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 146.12 | +0.055% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0366% | 1h | 146.10 | +0.041% | $116K | $280K | 10x | |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | −0.011% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
BloFin SOXL-USDT
MEXC SOXL_USDT
Binance SOXLUSDT
Extended SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC