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+0.1515%/8h= +165.9% APRnext payment +$15.15 per $10,000 · paid last 24h −0.028%
Price spread now: Bybit against Bitget+0.029%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.335%−$33 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.029%, 7d avg +0.039%
Together, before fees−0.383%−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$45 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.335%, 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 -0.335% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXLUSDT139.75−0.1515get 0.1515% / 8h3h 02m$59.9M$126.0M20x
ShortBybit SOXLUSDT139.790get 0.0000% / 8h3h 02m$47.0M$212.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$318.15
Price spread: +0.029% → +0.039%
−$1.05
Slippage, 4 orders
−$5.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$288.51
Costs to cover
0.286%
Break-even
0.7 days
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago0.71 bp7.5 bp −$711.9 bp −$11935.3 bp −$3,53349.2 bp −$24.6K
Sell Bybit live order book, 2 min ago0.36 bp6.2 bp −$611.5 bp −$11578.4 bp −$7,844doesn'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 SOXLUSDTlong−0.1515%8h139.75long leg$59.9M$126.0M20x
Aster SOXLUSDT0.0000%8h139.86+0.082%$208K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.64−0.076%$33K$292K10xas long as short
Binance SOXLUSDT0.0000%8h139.83+0.057%$164.1M$1.34B50xas long as short
Bybit SOXLUSDTshort0.0000%8h139.79+0.029%$47.0M$212.6M100x
OKX SOXL-USDT-SWAP0.0000%8h139.85+0.072%$25.3M$205.6M20xas long as short
Gate SOXL_USDT0.0000%8h139.68−0.050%$25.6M$46.1M50xas long as short
MEXC SOXL_USDT0.0000%8h139.63−0.086%$14.1M$51.6M200xas long as short
Variational Omni SOXL0.0000%8h140.66+0.651%$2.2M$5.0Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h140.44+0.496%$67K$189K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h139.61−0.100%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h140.00+0.179%$136K$960K50xas long as short
Phemex SOXLUSDT0.0000%8h139.64−0.079%$2.3M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h139.70−0.036%$258K$266K30xas long as short
edgeX SOXLUSDC+0.0018%4h140.39+0.458%$175K$329K10xas long as short
BloFin SOXL-USDT+0.0027%8h139.89+0.100%$1.2M$469K50xas long as short
Lighter SOXL+0.0032%1h139.60−0.107%$685K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h139.67−0.057%$260K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.54+0.565%$206K$499K10xas long as short
Kraken Futures PF_SOXLUSD+0.0051%1h139.58−0.122%$82K$292K20xas long as short
tradeXYZ xyz:SOXL+0.0069%1h139.68−0.050%$24.9M$23.7M10xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.71−0.029%$6.7M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.12+0.265%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.62−0.093%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.66−0.062%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h140.48+0.522%$892K$2.8M10xas long as short
Polymarket Perps SOXL-USD+0.0431%1h139.82+0.050%$3K$269K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0538%1h139.70−0.036%$109K$333K10xas long as short