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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.009%
Price spread now: Coinbase International against Bitget+0.035%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.115%−$11 on $10k
Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.035%, 7d avg +0.027%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.115%, 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 -0.115% in total (about -6.0% 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
LongBitget SOXLUSDT144.830get 0.0000% / 8h6h 03m$60.2M$112.6M20x
ShortCoinbase International SOXL-PERP-INTX144.880.0200get 0.0025% / 1h3m 00s$801K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$42
Price spread: +0.035% → +0.027%
$0.78
Slippage, 4 orders
−$7.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$13.04
Costs to cover
0.297%
Break-even
4.8 days
Slippage from Bitget: live order book, 1 min ago; Coinbase International: live order book, 6 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, 1 min ago0.34 bp7.5 bp −$812.0 bp −$12036.7 bp −$3,67553.7 bp −$26.9K
Sell Coinbase International live order book, 6 min ago2.42 bp7.4 bp −$710.9 bp −$109doesn't fitdoesn't fit

SOXL on 27 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
Aster SOXLUSDT0.0000%8h144.84+0.008%$247K$1.7M50xas long as short
Bybit SOXLUSDT0.0000%8h144.89+0.041%$51.9M$185.7M100xas long as short
Gate SOXL_USDT0.0000%8h144.86+0.021%$27.0M$42.4M50xas long as short
Bitget SOXLUSDTlong0.0000%8h144.83long leg$60.2M$112.6M20x
GRVT SOXL_USDT_Perp0.0000%8h144.99+0.113%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h144.84+0.007%$2K$4.4M10xas long as short
HTX SOXL-USDT0.0000%8h144.85+0.014%$184K$578K50xas long as short
Phemex SOXLUSDT0.0000%8h144.830.000%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h144.87+0.028%$268K$271K30xas long as short
OKX SOXL-USDT-SWAP+0.0023%8h144.84+0.007%$24.7M$192.3M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h144.79−0.028%$810K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.82−0.007%$356K$1.8M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.79−0.028%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.82−0.007%$207K$640K10xas long as short
Variational Omni SOXL+0.0094%8h145.20+0.255%$2.4M$4.9Mas long as short
Deribit SOXL_USDC-PERPETUAL+0.0095%1h144.82−0.007%$117K$281K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.87+0.028%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.11+0.193%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.81−0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.78−0.031%$6K10xas long as short
Polymarket Perps SOXL-USD+0.0133%1h144.97+0.097%$3K$269K10xas long as short
Binance SOXLUSDT+0.0134%8h144.83−0.003%$169.1M$1.24B50xas long as short
MEXC SOXL_USDT+0.0134%8h144.830.000%$16.1M$49.5M200xas long as short
Extended SOXL-USD+0.0136%1h144.76−0.048%$25K$241K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0200%1h144.88+0.035%$801K$2.5M10x
Kraken Futures PF_SOXLUSD+0.0414%1h144.82−0.004%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0429%4h145.02+0.129%$181K$324K10xas long as short