Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.019%

Price spread now: Aevo against Bybit−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.042% cheaper against Bybit than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SOXLUSDT	145.32	0	get 0.0000% / 8h	6h 41m	$52.7M	$184.4M	100x
Short	Aevo SOXL-PERP	145.26	0.0104	get 0.0013% / 1h	41m 14s	$6K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.042%Rate

Funding earned: $21.84
Price spread: −0.042% → 0.000%: −$4.16
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$9.32
Costs to cover: 0.270%
Break-even: 10.0 days

Slippage unknown: Bybit: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.

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 Bybit live order book, 3 min ago	0.34 bp	6.9 bp −$7	12.5 bp −$125	62.1 bp −$6,206	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster SOXLUSDT	0.0000%	8h	145.34	+0.014%	$249K	$1.6M	50x	as long as short
Bybit SOXLUSDTlong	0.0000%	8h	145.32	long leg	$52.7M	$184.4M	100x
Gate SOXL_USDT	0.0000%	8h	145.30	−0.014%	$27.3M	$40.8M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.38	+0.041%	$1K	$4.4M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	145.28	−0.028%	$118K	$276K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	145.39	+0.048%	$184K	$621K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.29	−0.021%	$2.5M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.30	−0.014%	$269K	$271K	30x	as long as short
Lighter SOXL	+0.0032%	1h	145.25	−0.048%	$813K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.29	−0.021%	$349K	$1.8M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SOXL	+0.0050%	1h	145.24	−0.055%	$26.0M	$22.6M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	145.41	+0.062%	$207K	$703K	10x	as long as short
Polymarket Perps SOXL-USD	+0.0053%	1h	145.39	+0.048%	$5K	$266K	10x	as long as short
OKX SOXL-USDT-SWAP	+0.0067%	8h	145.30	−0.014%	$25.4M	$188.9M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.31	−0.007%	$6.9M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	145.32	0.000%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.25	−0.048%	$1K	$5K	20x	as long as short
Aevo SOXL-PERPshort	+0.0104%	1h	145.26	−0.042%	$6K	—	10x
Variational Omni SOXL	+0.0179%	8h	145.26	−0.040%	$2.4M	$4.9M	—	as long as short
Coinbase International SOXL-PERP-INTX	+0.0200%	1h	145.25	−0.048%	$839K	$2.5M	10x	as long as short
BloFin SOXL-USDT	+0.0206%	8h	145.57	+0.172%	$1.3M	$490K	50x	as long as short
Extended SOXL-USD	+0.0208%	1h	145.26	−0.044%	$24K	$271K	10x	as long as short
Binance SOXLUSDT	+0.0212%	8h	145.28	−0.026%	$170.6M	$1.23B	50x	as long as short
MEXC SOXL_USDT	+0.0213%	8h	145.31	−0.007%	$14.9M	$47.6M	200x	as long as short
GRVT SOXL_USDT_Perp	+0.0213%	8h	145.44	+0.085%	$71K	$168K	10x	as long as short
Bitget SOXLUSDT	+0.0348%	8h	145.29	−0.021%	$60.3M	$112.5M	20x	as long as short
Kraken Futures PF_SOXLUSD	+0.0413%	1h	145.25	−0.050%	$88K	$304K	20x	as long as short
edgeX SOXLUSDC	+0.0844%	4h	145.31	−0.009%	$181K	$322K	10x	as long as short