Funding you earn now, next payment 04:00 UTC+0.0620%/8h= +67.9% APRpaid last 24h +0.172%
Price spread now: edgeX against tradeXYZ−0.025%106s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as 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−$740.742% of the position
Funding, last 7 days+0.385%+$39 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.025%, 7d avg +0.030%
=Together, before fees+0.616%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.055% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.030%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.385% in total) that is about 24 hours. The two prices were read 106 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 7 days it paid 0.385% in total (about 20.1% 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 | tradeXYZ xyz:SOXL | 146.06 | 0.0163 | pay 0.0020% / 1h | 59m 41s | $25.6M | $22.9M | 10x |
| Short | edgeX SOXLUSDC | 146.02 | 0.0784 | get 0.0392% / 4h | 59m 41s | $182K | $326K | 10x |
tradeXYZ xyz:SOXL
edgeX SOXLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $130.3
- Price spread: −0.025% → +0.030%
- −$5.51
- Slippage, 4 orders
- −$47.19
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $50.6
- Costs to cover
- 0.742%
- Break-even
- 4.3 days
Slippage from tradeXYZ: live order book, 10 min ago; edgeX: live order book, 63 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, 10 min ago | 1.03 bp | 10.8 bp −$11 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 63 min ago | 20.71 bp | 26.2 bp −$26 | 37.3 bp −$373 | 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 | 146.04 | −0.017% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.17 | +0.075% | $52.5M | $185.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.12 | +0.041% | $25.1M | $195.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.12 | +0.041% | $27.4M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.11 | +0.034% | $60.7M | $112.5M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.91 | −0.104% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.01 | −0.034% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | −0.048% | $184K | $569K | 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 | 145.99 | −0.048% | $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 | −0.024% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.91 | −0.105% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.12 | +0.041% | $740K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.08 | +0.014% | $278K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.103% | $208K | $550K | 10x | as long as short |
| Extended SOXL-USD | +0.0056% | 1h | 146.09 | +0.019% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0057% | 8h | 146.03 | −0.021% | $1.2M | $480K | 50x | as long as short |
| Binance SOXLUSDT | +0.0058% | 8h | 146.12 | +0.038% | $171.1M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0058% | 8h | 146.11 | +0.034% | $14.2M | $48.8M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.08 | +0.014% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.87 | −0.130% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.01 | −0.034% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.00 | −0.038% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.014% | $921K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0161% | 1h | 146.06 | 0.000% | $116K | $280K | 10x | as long as short |
| tradeXYZ xyz:SOXLlong | +0.0163% | 1h | 146.06 | long leg | $25.6M | $22.9M | 10x | |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 146.12 | +0.041% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDCshort | +0.0784% | 4h | 146.02 | −0.025% | $182K | $326K | 10x |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
BloFin SOXL-USDT
Binance SOXLUSDT
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD