Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.036%

Price spread now: Coinbase International against Aster−0.071%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.226%+$23 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.071%, 7d avg +0.004%

Together, before fees+0.080%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.075% cheaper against Aster than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.004%). If the spread goes back, that is −$8 on $10k: about 40 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOXLUSDT	145.43	0	get 0.0000% / 8h	4h 23m	$233K	$1.6M	50x
Short	Coinbase International SOXL-PERP-INTX	145.33	0.0152	get 0.0019% / 1h	23m 28s	$905K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.071%Rate

Funding earned: $31.92
Price spread: −0.071% → +0.004%: −$7.52
Slippage, 4 orders: −$17.7
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.29
Costs to cover: 0.357%
Break-even: 9.5 days

Slippage from Aster: live order book, 5 min ago; Coinbase International: live order book, 5 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 Aster live order book, 5 min ago	1.37 bp	9.9 bp −$10	11.3 bp −$113	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.46 bp	9.5 bp −$9	11.3 bp −$113	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	−0.0116%	1h	145.40	−0.020%	$88K	$304K	20x	as long as short
Aster SOXLUSDTlong	0.0000%	8h	145.43	long leg	$233K	$1.6M	50x
Extended SOXL-USD	0.0000%	1h	145.40	−0.026%	$29K	$243K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	145.48	+0.031%	$170.0M	$1.24B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	145.50	+0.046%	$51.6M	$187.1M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	145.52	+0.060%	$24.6M	$197.1M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.42	−0.009%	$27.3M	$43.1M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	145.44	+0.005%	$15.2M	$49.4M	200x	as long as short
Bitget SOXLUSDT	0.0000%	8h	145.48	+0.032%	$60.3M	$113.0M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	145.36	−0.052%	$2.4M	$4.7M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	145.64	+0.142%	$70K	$176K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.40	−0.023%	$1K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	145.39	−0.030%	$115K	$288K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	145.66	+0.156%	$183K	$569K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.32	−0.078%	$2.4M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.42	−0.009%	$269K	$266K	30x	as long as short
BloFin SOXL-USDT	+0.0023%	8h	145.23	−0.140%	$1.2M	$477K	50x	as long as short
Lighter SOXL	+0.0032%	1h	145.42	−0.009%	$729K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.38	−0.037%	$276K	$1.9M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	145.45	+0.011%	$25.5M	$22.8M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	145.60	+0.115%	$207K	$490K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.47	+0.025%	$7.0M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	145.34	−0.064%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.36	−0.050%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.37	−0.045%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTXshort	+0.0152%	1h	145.33	−0.071%	$905K	$2.6M	10x
Polymarket Perps SOXL-USD	+0.0164%	1h	145.61	+0.121%	$3K	$269K	10x	as long as short
edgeX SOXLUSDC	+0.0555%	4h	145.25	−0.123%	$181K	$327K	10x	as long as short