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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0334%/8h= +36.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.033%
Price spread now: Kraken Futures against ApeX Omni−0.354%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1441.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.290%−$29 on $10k
Price spread, last 4 days (all we have)+0.466%+$47 · spread now −0.354%, 7d avg −0.045%
Together, before fees+0.176%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.309% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.354% now, against its 7-day average of −0.045%). If the spread goes back, that is −$31 on $10k: about 3.1 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.290%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT139.020.0100pay 0.0013% / 1h52m 35s$36K$141K50x
ShortKraken Futures PF_SOXLUSD138.530.0434get 0.0054% / 1h52m 35s$83K$297K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$70.13
Price spread: −0.354% → −0.045%
−$30.86
Slippage, 4 orders
−$124.48
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$105.21
Costs to cover
1.445%
Break-even
17.5 days
Slippage from ApeX Omni: live order book, 53 min ago; Kraken Futures: live order book, 55 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, 53 min ago25.25 bp37.9 bp −$38215.5 bp −$2,155doesn't fitdoesn't fit
Sell Kraken Futures live order book, 55 min ago4.98 bp29.4 bp −$29doesn't fitdoesn'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
Bitget SOXLUSDT−0.2247%8h138.58−0.317%$59.9M$138.2M20xas long as short
Aster SOXLUSDT0.0000%8h138.47−0.393%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.45−0.408%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.48−0.388%$163.4M$1.45B50xas long as short
Bybit SOXLUSDT0.0000%8h138.52−0.360%$46.3M$228.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.49−0.381%$26.3M$224.2M20xas long as short
Gate SOXL_USDT0.0000%8h138.49−0.381%$28.0M$49.1M50xas long as short
MEXC SOXL_USDT0.0000%8h138.47−0.396%$17.1M$54.9M200xas long as short
Variational Omni SOXL0.0000%8h138.92−0.071%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.55−0.339%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.54−0.345%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.59−0.309%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.50−0.374%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0002%8h138.56−0.331%$1.3M$466K50xas long as short
Lighter SOXL+0.0032%1h138.47−0.396%$684K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.43−0.424%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h138.46−0.403%$256K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.39−0.453%$21.4M$29.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.30−0.518%$211K$507K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.49−0.381%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h139.02long leg$36K$141K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.44−0.417%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.45−0.412%$5K10xas long as short
edgeX SOXLUSDC+0.0166%4h138.68−0.248%$173K$330K10xas long as short
Polymarket Perps SOXL-USD+0.0194%1h138.55−0.338%$8K$291K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.59−0.309%$945K$3.2M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0328%1h138.51−0.367%$118K$352K10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0434%1h138.53−0.354%$83K$297K20x