Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Binance against Bitget+0.002%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.336%−$34 on $10k

Price spread, last 2 days (all we have)+0.007%+$1 · spread now +0.002%, 7d avg +0.031%

Together, before fees−0.329%−$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOXLUSDT	144.44	0	get 0.0000% / 8h	47m 11s	$59.9M	$109.0M	20x
Short	Binance SOXLUSDT	144.44	0	get 0.0000% / 8h	47m 11s	$170.6M	$1.19B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → +0.031%: −$2.91
Slippage, 4 orders: −$4.05
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.96
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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	0.35 bp	7.4 bp −$7	12.4 bp −$124	29.4 bp −$2,945	45.8 bp −$22.9K
Sell Binance live order book, 12 min ago	0.35 bp	6.0 bp −$6	6.6 bp −$66	18.1 bp −$1,805	70.8 bp −$35.4K

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	−0.0024%	1h	144.21	−0.156%	$89K	$304K	20x	as long as short
BloFin SOXL-USDT	−0.0023%	8h	144.53	+0.062%	$1.2M	$491K	50x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.39	−0.037%	$214K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	144.35	−0.061%	$27K	$338K	10x	as long as short
Binance SOXLUSDTshort	0.0000%	8h	144.44	+0.002%	$170.6M	$1.19B	50x
OKX SOXL-USDT-SWAP	0.0000%	8h	144.50	+0.042%	$25.3M	$184.4M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.44	0.000%	$27.0M	$38.6M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	144.50	+0.042%	$15.0M	$46.3M	200x	as long as short
Bitget SOXLUSDTlong	0.0000%	8h	144.44	long leg	$59.9M	$109.0M	20x
Variational Omni SOXL	0.0000%	8h	144.19	−0.175%	$2.3M	$4.8M	—	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	144.34	−0.071%	$71K	$169K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.39	−0.035%	$1K	$4.7M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.38	−0.042%	$200K	$527K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.53	+0.062%	$2.5M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.31	−0.090%	$307K	$258K	30x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.44	0.000%	$343K	$1.9M	20x	as long as short
Bybit SOXLUSDT	+0.0043%	8h	144.50	+0.042%	$51.5M	$178.5M	100x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.14	−0.208%	$230K	$912K	10x	as long as short
Lighter SOXL	+0.0088%	1h	144.33	−0.076%	$813K	$2.6M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.19	−0.173%	$6.8M	$11.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.05	−0.270%	$37K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.33	−0.076%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.33	−0.078%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0144%	1h	144.42	−0.014%	$957K	$2.3M	10x	as long as short
tradeXYZ xyz:SOXL	+0.0207%	1h	144.45	+0.007%	$26.1M	$22.5M	10x	as long as short
edgeX SOXLUSDC	+0.0301%	4h	144.28	−0.109%	$180K	$322K	10x	as long as short
Polymarket Perps SOXL-USD	+0.0519%	1h	144.41	−0.021%	$5K	$265K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.1068%	1h	144.38	−0.042%	$117K	$317K	10x	as long as short