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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0742%/8h= +81.3% APRpaid last 24h +0.163%
Price spread now: edgeX against Binance−0.265%100s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.319%+$32 on $10k
Price spread, last 4 days (all we have)−0.446%−$45 · spread now −0.265%, 7d avg −0.031%
Together, before fees−0.127%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.234% cheaper against Binance than usual: you would sell low and buy high (spread −0.265% now, against its 7-day average of −0.031%). If the spread goes back, that is −$23 on $10k: about 25 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.319% in total) that is about 5.1 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.319% in total (about 16.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOXLUSDT138.820get 0.0000% / 8h1h 49m$164.0M$1.45B50x
ShortedgeX SOXLUSDC138.450.0742get 0.0371% / 4h1h 49m$172K$330K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
$155.92
Price spread: −0.265% → −0.031%
−$23.36
Slippage, 4 orders
−$43.75
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$69.82
Costs to cover
0.627%
Break-even
3.9 days
Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 58 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 Binance live order book, 9 min ago0.36 bp5.4 bp −$56.5 bp −$6519.9 bp −$1,98582.5 bp −$41.2K
Sell edgeX live order book, 58 min ago20.60 bp25.6 bp −$2633.7 bp −$337doesn'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−0.2274%8h139.10+0.202%$60.1M$138.3M20xas long as short
BloFin SOXL-USDT−0.0017%8h138.95+0.094%$1.3M$467K50xas long as short
Aster SOXLUSDT0.0000%8h138.81−0.010%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.82+0.002%$33K$311K10xas long as short
Binance SOXLUSDTlong0.0000%8h138.82long leg$164.0M$1.45B50x
Bybit SOXLUSDT0.0000%8h138.84+0.014%$46.1M$228.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.80−0.014%$26.3M$225.1M20xas long as short
Gate SOXL_USDT0.0000%8h138.85+0.022%$28.1M$49.1M50xas long as short
MEXC SOXL_USDT0.0000%8h138.820.000%$17.1M$54.9M200xas long as short
Variational Omni SOXL0.0000%8h138.95+0.095%$1.9M$5.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.63−0.137%$64K$203K10xas long as short
SunX SOXL-USDT0.0000%8h138.93+0.079%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.59−0.166%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h139.14+0.231%$2.3M$1.2M10xas long as short
Lighter SOXL+0.0032%1h138.90+0.058%$686K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h139.06+0.173%$270K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h139.12+0.216%$257K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h139.10+0.202%$21.5M$29.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.30−0.375%$210K$507K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.94+0.086%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.52−0.216%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.95+0.094%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.97+0.110%$5K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0182%1h138.88+0.043%$118K$352K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.84+0.014%$947K$3.2M10xas long as short
Polymarket Perps SOXL-USD+0.0232%1h139.16+0.245%$8K$291K10xas long as short
Kraken Futures PF_SOXLUSD+0.0432%1h139.00+0.130%$83K$296K20xas long as short
edgeX SOXLUSDCshort+0.0742%4h138.45−0.265%$172K$330K10x