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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0114%/8h= +12.4% APRpaid last 24h +0.023%
Price spread now: Deribit against BloFin+0.230%57s7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.166%−$17 on $10k
Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.230%, 7d avg −0.044%
Together, before fees−0.386%−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.274% dearer against BloFin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 4 days funding on this pair cost −0.166%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOXL-USDT143.47−0.0016get 0.0016% / 8h3h 45m$1.2M$471K50x
ShortDeribit SOXL_USDC-PERPETUAL143.800.0098get 0.0012% / 1h45m 35s$112K$316K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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
$23.86
Price spread: +0.230% → −0.044%
$27.36
Slippage, 4 orders
−$19.86
Fee BloFin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$12.36
Costs to cover
0.389%
Break-even
3.4 days
Slippage from BloFin: live order book, 2 min ago; Deribit: live order book, 8 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 BloFin live order book, 2 min ago0.35 bp6.3 bp −$67.3 bp −$7313.5 bp −$1,34843.1 bp −$21.6K
Sell Deribit live order book, 8 min ago7.28 bp11.5 bp −$1115.5 bp −$155doesn'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
BloFin SOXL-USDTlong−0.0016%8h143.47long leg$1.2M$471K50x
Aster SOXLUSDT0.0000%8h143.52+0.034%$230K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h143.36−0.079%$19K$250K10xas long as short
Binance SOXLUSDT0.0000%8h143.42−0.035%$166.6M$1.27B50xas long as short
Bybit SOXLUSDT0.0000%8h143.41−0.042%$47.5M$196.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h143.38−0.063%$24.1M$198.5M20xas long as short
Gate SOXL_USDT0.0000%8h143.38−0.063%$26.4M$43.8M50xas long as short
MEXC SOXL_USDT0.0000%8h143.39−0.056%$15.0M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h143.40−0.049%$59.3M$115.5M20xas long as short
Variational Omni SOXL0.0000%8h143.77+0.209%$2.3M$4.8Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h142.56−0.637%$67K$178K10xas long as short
SunX SOXL-USDT0.0000%8h143.81+0.237%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h143.64+0.118%$181K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h143.78+0.216%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h143.37−0.070%$265K$266K30xas long as short
Lighter SOXL+0.0032%1h143.470.000%$707K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h143.41−0.042%$270K$1.8M20xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h143.75+0.198%$87K$285K20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h143.44−0.021%$25.1M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.78+0.216%$200K$490K10xas long as short
Deribit SOXL_USDC-PERPETUALshort+0.0098%1h143.80+0.230%$112K$316K10x
KuCoin SOXLUSDTM+0.0100%8h143.44−0.021%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h143.56+0.063%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h143.63+0.112%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h143.59+0.081%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h143.470.000%$762K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0147%1h143.52+0.035%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0392%4h143.42−0.036%$179K$329K10xas long as short