Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h 0.000%

Price spread now: SunX against ApeX Omni+0.028%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1461.464% of the position

Long on ApeX Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 3 days (all we have)+0.176%+$18 · spread now +0.028%, 7d avg +0.061%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.033% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.061%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOXLUSDT	144.58	0.0100	pay 0.0013% / 1h	15m 06s	$38K	$141K	50x
Short	SunX SOXL-USDT	144.62	0	get 0.0000% / 8h	15m 06s	$1K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee SunXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$21
Price spread: +0.028% → +0.061%: −$3.34
Slippage, 4 orders: −$128.41
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$170.75
Costs to cover: 1.464%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 61 min ago; SunX: live order book, 3 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 ApeX Omni live order book, 61 min ago	26.89 bp	38.7 bp −$39	201.8 bp −$2,018	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	28.65 bp	32.6 bp −$33	62.2 bp −$622	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
Kraken Futures PF_SOXLUSD	−0.0023%	1h	144.51	−0.049%	$90K	$303K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.66	+0.055%	$214K	$1.6M	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.61	+0.021%	$25.6M	$184.1M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.62	+0.028%	$27.5M	$39.6M	50x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.60	+0.014%	$60.2M	$109.2M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	144.68	+0.072%	$2.2M	$4.9M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	144.67	+0.062%	$71K	$163K	10x	as long as short
SunX SOXL-USDTshort	0.0000%	8h	144.62	+0.028%	$1K	$4.7M	10x
HTX SOXL-USDT	0.0000%	8h	144.71	+0.090%	$186K	$606K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.66	+0.055%	$2.5M	$1.2M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0003%	8h	144.68	+0.069%	$1.2M	$489K	50x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.61	+0.021%	$308K	$257K	30x	as long as short
MEXC SOXL_USDT	+0.0022%	8h	144.63	+0.035%	$14.2M	$46.6M	200x	as long as short
Binance SOXLUSDT	+0.0024%	8h	144.63	+0.032%	$172.0M	$1.19B	50x	as long as short
Extended SOXL-USD	+0.0024%	1h	144.61	+0.020%	$27K	$338K	10x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.66	+0.055%	$343K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.64	+0.041%	$238K	$915K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.67	+0.062%	$6.9M	$10.8M	20x	as long as short
ApeX Omni SOXLUSDTlong	+0.0100%	1h	144.58	long leg	$38K	$141K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.64	+0.041%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.59	+0.009%	$6K	—	10x	as long as short
Bybit SOXLUSDT	+0.0111%	8h	144.66	+0.055%	$51.5M	$178.2M	100x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0144%	1h	144.80	+0.152%	$977K	$2.3M	10x	as long as short
tradeXYZ xyz:SOXL	+0.0191%	1h	144.55	−0.021%	$26.3M	$22.0M	10x	as long as short
Lighter SOXL	+0.0192%	1h	144.63	+0.035%	$803K	$2.6M	20x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0373%	1h	144.61	+0.021%	$118K	$298K	10x	as long as short
Polymarket Perps SOXL-USD	+0.0580%	1h	144.73	+0.104%	$5K	$265K	10x	as long as short
edgeX SOXLUSDC	+0.0954%	4h	144.71	+0.091%	$180K	$324K	10x	as long as short