Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster−0.007%47s7-day average −0.053% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)−0.535%−$53 · spread now −0.007%, 7d avg −0.053%

Together, before fees−0.587%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.046% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SOXLUSDT	135.82	0	get 0.0000% / 8h	7h 25m	$181K	$1.6M	50x
Short	Ondo Perps SOXL-USD.P	135.81	0.0050	get 0.0006% / 1h	25m 55s	$213K	$410K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.007%Rate

Funding earned: $10.58
Price spread: −0.007% → −0.053%: $4.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $2.18
Costs to cover: 0.130%
Break-even: 5.6 days

Slippage unknown: Aster: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 2 min ago	1.47 bp	9.8 bp −$10	12.5 bp −$125	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget SOXLUSDT	−0.1459%	8h	135.94	+0.088%	$57.3M	$148.8M	20x	as long as short
Kraken Futures PF_SOXLUSD	−0.0122%	1h	135.87	+0.033%	$77K	$328K	20x	as long as short
Aster SOXLUSDTlong	0.0000%	8h	135.82	long leg	$181K	$1.6M	50x
Extended SOXL-USD	0.0000%	1h	135.92	+0.071%	$70K	$360K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	135.97	+0.109%	$159.5M	$1.52B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	135.96	+0.103%	$46.0M	$224.3M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	135.93	+0.081%	$25.9M	$230.1M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	135.91	+0.066%	$29.2M	$53.1M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	135.93	+0.081%	$20.7M	$57.3M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	136.36	+0.399%	$1.8M	$5.5M	—	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	136.09	+0.201%	$63K	$194K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	135.88	+0.044%	$2K	$3.9M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	135.57	−0.184%	$85K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	135.93	+0.081%	$2.3M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0022%	1h	136.08	+0.191%	$251K	$264K	30x	as long as short
BloFin SOXL-USDT	+0.0026%	8h	135.98	+0.118%	$1.3M	$489K	50x	as long as short
Lighter SOXL	+0.0032%	1h	135.84	+0.015%	$638K	$2.6M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	135.80	−0.015%	$239K	$1.7M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	135.72	−0.074%	$20.0M	$30.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	135.82	0.000%	$9K	$291K	10x	as long as short
Ondo Perps SOXL-USD.Pshort	+0.0050%	1h	135.81	−0.007%	$213K	$410K	10x
KuCoin SOXLUSDTM	+0.0100%	8h	135.93	+0.081%	$6.2M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	136.05	+0.169%	$35K	$144K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	135.83	+0.007%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	135.78	−0.027%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	136.19	+0.272%	$967K	$3.1M	10x	as long as short
edgeX SOXLUSDC	+0.0304%	4h	136.17	+0.256%	$170K	$333K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0929%	1h	135.86	+0.029%	$108K	$387K	10x	as long as short