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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.2531%/8h= +277.2% APRpaid last 24h +0.025%
Price spread now: Polymarket Perps against Bitget+0.222%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.122%−$12 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.222%, 7d avg +0.033%
Together, before fees−0.194%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$76 a day on $10k at the current rate, and Polymarket Perps is 0.190% dearer against Bitget than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.033%. Mind the row above: over the last 6 days funding on this pair cost −0.122%, 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 6 days it paid -0.122% in total (about -8.0% 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 SOXLUSDT139.45−0.2163get 0.2163% / 8h1h 57m$60.1M$137.7M20x
ShortPolymarket Perps SOXL-USD139.760.0368get 0.0046% / 1h57m 50s$8K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$531.56
Price spread: +0.222% → +0.033%
$18.96
Slippage, 4 orders
−$11.76
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$518.76
Costs to cover
0.318%
Break-even
0.2 days
Slippage from Bitget: live order book, 1 min ago; Polymarket Perps: live order book, 49 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 ago0.72 bp7.5 bp −$812.2 bp −$12234.0 bp −$3,40352.0 bp −$26.0K
Sell Polymarket Perps live order book, 49 min ago3.56 bp8.7 bp −$98.9 bp −$89doesn'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 SOXLUSDTlong−0.2163%8h139.45long leg$60.1M$137.7M20x
Aster SOXLUSDT0.0000%8h139.28−0.120%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.30−0.108%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h139.22−0.167%$164.2M$1.44B50xas long as short
Bybit SOXLUSDT0.0000%8h139.37−0.057%$46.5M$227.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.40−0.036%$26.3M$224.2M20xas long as short
Gate SOXL_USDT0.0000%8h139.32−0.093%$28.1M$48.9M50xas long as short
MEXC SOXL_USDT0.0000%8h139.30−0.108%$16.2M$54.6M200xas long as short
Variational Omni SOXL0.0000%8h139.70+0.179%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h139.58+0.096%$64K$202K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h139.50+0.036%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h139.53+0.057%$119K$352K10xas long as short
HTX SOXL-USDT0.0000%8h139.48+0.022%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h139.450.000%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0012%8h139.38−0.050%$1.3M$468K50xas long as short
Lighter SOXL+0.0032%1h139.22−0.165%$689K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h139.16−0.208%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h139.59+0.100%$258K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h139.22−0.165%$21.7M$29.7M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.23−0.158%$212K$510K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.38−0.050%$6.7M$10.8M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.65+0.143%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.55+0.072%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.51+0.046%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.42−0.022%$951K$3.2M10xas long as short
Polymarket Perps SOXL-USDshort+0.0368%1h139.76+0.222%$8K$291K10x
Kraken Futures PF_SOXLUSD+0.0431%1h139.63+0.132%$83K$296K20xas long as short
edgeX SOXLUSDC+0.0674%4h139.64+0.135%$174K$331K10xas long as short