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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h −0.012%
Price spread now: QFEX against ApeX Omni−0.159%56s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.953% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.083%−$8 on $10k
Price spread, last 3 days (all we have)+0.226%+$23 · spread now −0.159%, 7d avg +0.016%
Together, before fees+0.143%+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.176% cheaper against ApeX Omni than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.016%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT144.530.0100pay 0.0013% / 1h44m 02s$38K$142K50x
ShortQFEX SOXL-USD144.300.0021get 0.0003% / 1h44m 02s$307K$258K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$16.53
Price spread: −0.159% → +0.016%
−$17.56
Slippage, 4 orders
−$75.3
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$129.39
Costs to cover
0.953%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; QFEX: live order book, 20 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, 32 min ago26.89 bp38.7 bp −$39201.8 bp −$2,018doesn't fitdoesn't fit
Sell QFEX live order book, 20 min ago2.09 bp7.1 bp −$77.6 bp −$76doesn'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
Kraken Futures PF_SOXLUSD−0.0024%1h144.26−0.188%$89K$304K20xas long as short
Aster SOXLUSDT0.0000%8h144.40−0.090%$213K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h144.38−0.103%$27K$338K10xas long as short
Binance SOXLUSDT0.0000%8h144.46−0.046%$170.6M$1.19B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.49−0.028%$25.4M$184.1M20xas long as short
Gate SOXL_USDT0.0000%8h144.43−0.069%$27.1M$38.8M50xas long as short
MEXC SOXL_USDT0.0000%8h144.49−0.028%$15.2M$46.3M200xas long as short
Bitget SOXLUSDT0.0000%8h144.43−0.069%$60.1M$109.0M20xas long as short
Variational Omni SOXL0.0000%8h144.44−0.064%$2.2M$4.9Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h144.34−0.133%$71K$169K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h144.56+0.021%$1K$4.7M10xas long as short
HTX SOXL-USDT0.0000%8h144.69+0.111%$200K$546K50xas long as short
Phemex SOXLUSDT0.0000%8h144.49−0.028%$2.5M$1.2M10xas long as short
BloFin SOXL-USDT+0.0002%8h144.35−0.125%$1.2M$490K50xas long as short
QFEX SOXL-USDshort+0.0021%1h144.30−0.159%$307K$258K30x
Lighter RH SOXL+0.0032%1h144.46−0.048%$343K$1.9M20xas long as short
Bybit SOXLUSDT+0.0047%8h144.50−0.021%$51.4M$178.3M100xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.14−0.270%$238K$912K10xas long as short
Lighter SOXL+0.0096%1h144.41−0.083%$801K$2.6M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.28−0.173%$6.8M$11.1M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h144.53long leg$38K$142K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.45−0.055%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.38−0.102%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h144.43−0.069%$963K$2.3M10xas long as short
tradeXYZ xyz:SOXL+0.0199%1h144.43−0.069%$26.1M$22.6M10xas long as short
edgeX SOXLUSDC+0.0301%4h144.28−0.171%$180K$322K10xas long as short
Polymarket Perps SOXL-USD+0.0528%1h144.55+0.014%$5K$265K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0859%1h144.45−0.055%$117K$317K10xas long as short