Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.2366%/8h= +259.1% APRpaid last 24h −0.010%

Price spread now: ApeX Omni against Bitget+0.355%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$940.939% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.390%−$39 on $10k

Price spread, last 4 days (all we have)−0.404%−$40 · spread now +0.355%, 7d avg −0.003%

Together, before fees−0.794%−$79 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$71 a day on $10k at the current rate, and ApeX Omni is 0.358% dearer against Bitget than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.390%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.390% in total (about -20.3% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOXLUSDT	137.91	−0.2266	get 0.2266% / 8h	2h 27m	$59.0M	$133.2M	20x
Short	ApeX Omni SOXLUSDT	138.40	0.0100	get 0.0013% / 1h	27m 24s	$36K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now +0.355%Rate

Funding earned: $496.86
Price spread: +0.355% → −0.003%: $35.84
Slippage, 4 orders: −$71.89
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $438.81
Costs to cover: 0.939%
Break-even: 0.8 days

Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 18 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 Bitget live order book, 2 min ago	0.72 bp	7.8 bp −$8	12.4 bp −$124	40.9 bp −$4,092	doesn't fit
Sell ApeX Omni live order book, 18 min ago	25.25 bp	40.6 bp −$41	206.7 bp −$2,067	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
Bitget SOXLUSDTlong	−0.2266%	8h	137.91	long leg	$59.0M	$133.2M	20x
Aster SOXLUSDT	0.0000%	8h	137.78	−0.092%	$202K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	137.76	−0.109%	$32K	$314K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	137.81	−0.076%	$163.9M	$1.40B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	137.78	−0.094%	$46.3M	$222.0M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	137.85	−0.044%	$26.3M	$213.7M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	137.79	−0.087%	$27.6M	$48.1M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	137.79	−0.087%	$15.4M	$53.2M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	138.48	+0.416%	$1.9M	$5.3M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	138.40	+0.355%	$66K	$199K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXL-USDT	0.0000%	8h	138.00	+0.065%	$1K	$4.3M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	138.00	+0.065%	$99K	$1.1M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	137.99	+0.058%	$2.3M	$1.2M	10x	as long as short
BloFin SOXL-USDT	+0.0009%	8h	138.77	+0.624%	$1.3M	$466K	50x	as long as short
Lighter RH SOXL	+0.0032%	1h	137.81	−0.073%	$263K	$1.7M	20x	as long as short
Lighter SOXL	+0.0040%	1h	137.74	−0.123%	$672K	$2.3M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	137.65	−0.189%	$22.3M	$28.7M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	138.38	+0.341%	$204K	$492K	10x	as long as short
QFEX SOXL-USD	+0.0053%	1h	137.76	−0.109%	$254K	$266K	30x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	137.81	−0.073%	$6.6M	$10.6M	20x	as long as short
ApeX Omni SOXLUSDTshort	+0.0100%	1h	138.40	+0.355%	$36K	$141K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	137.77	−0.102%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	137.94	+0.019%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0184%	1h	137.85	−0.044%	$916K	$3.0M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0473%	1h	137.88	−0.022%	$7K	$288K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0475%	1h	137.94	+0.022%	$107K	$337K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0663%	1h	137.86	−0.036%	$83K	$294K	20x	as long as short
edgeX SOXLUSDC	+0.0894%	4h	138.61	+0.510%	$173K	$328K	10x	as long as short