Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.005%
Price spread now: Coinbase International against ApeX Omni+0.638%75s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$990.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.271%+$27 on $10k
Price spread, last 4 days (all we have)−0.492%−$49 · spread now +0.638%, 7d avg +0.031%
Together, before fees−0.221%−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.607% dearer against ApeX Omni than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT142.560.0100pay 0.0013% / 1h45m 39s$37K$143K50x
ShortCoinbase International SOXL-PERP-INTX143.470.0120get 0.0015% / 1h45m 39s$762K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.2
Price spread: +0.638% → +0.031%
$60.69
Slippage, 4 orders
−$79.45
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$34.55
Costs to cover
0.994%
Break-even
64.6 days
Slippage from ApeX Omni: live order book, 5 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 5 min ago28.95 bp39.6 bp −$40222.7 bp −$2,227doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago4.54 bp9.5 bp −$1012.6 bp −$126doesn't fitdoesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXL-USDT−0.0016%8h143.47+0.638%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h143.55+0.693%$230K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h143.36+0.559%$19K$250K10xas long as short
Binance SOXLUSDT0.0000%8h143.46+0.631%$166.7M$1.27B50xas long as short
Bybit SOXLUSDT0.0000%8h143.44+0.617%$47.5M$196.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h143.32+0.533%$24.1M$198.3M20xas long as short
Gate SOXL_USDT0.0000%8h143.52+0.673%$26.5M$43.7M50xas long as short
MEXC SOXL_USDT0.0000%8h143.39+0.582%$15.0M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h143.46+0.631%$59.3M$115.5M20xas long as short
Variational Omni SOXL0.0000%8h143.77+0.849%$2.3M$4.8Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h142.56−0.003%$67K$178K10xas long as short
SunX SOXL-USDT0.0000%8h143.81+0.877%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h143.64+0.758%$181K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h143.78+0.856%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h143.62+0.744%$266K$266K30xas long as short
Lighter SOXL+0.0032%1h143.47+0.638%$707K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h143.41+0.596%$270K$1.8M20xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h143.75+0.838%$87K$285K20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h143.44+0.617%$25.1M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.78+0.856%$200K$490K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0098%1h143.80+0.870%$112K$316K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h143.44+0.617%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h142.56long leg$37K$143K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h143.63+0.751%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h143.59+0.720%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0120%1h143.47+0.638%$762K$2.7M10x
Polymarket Perps SOXL-USD+0.0146%1h143.88+0.926%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0596%4h142.84+0.198%$178K$329K10xas long as short