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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.079%
Price spread now: ApeX Omni against Coinbase International−0.119%75s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$970.975% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.279%−$28 on $10k
Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.119%, 7d avg −0.038%
Together, before fees−0.306%−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.082% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.038%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOXL-PERP-INTX142.630.0136pay 0.0017% / 1h45m 58s$747K$2.6M10x
ShortApeX Omni SOXLUSDT142.460.0100get 0.0013% / 1h45m 58s$38K$143K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
−$7.56
Price spread: −0.119% → −0.038%
−$8.17
Slippage, 4 orders
−$77.48
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$113.21
Costs to cover
0.975%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; ApeX Omni: live order book, 35 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 Coinbase International live order book, 3 min ago3.16 bp8.8 bp −$910.5 bp −$105doesn't fitdoesn't fit
Sell ApeX Omni live order book, 35 min ago27.06 bp38.5 bp −$38195.3 bp −$1,953doesn'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-USDT−0.0007%8h142.51−0.084%$1.2M$519K50xas long as short
Aster SOXLUSDT0.0000%8h142.48−0.107%$213K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h142.51−0.081%$25K$336K10xas long as short
Binance SOXLUSDT0.0000%8h142.57−0.043%$166.0M$1.20B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h142.66+0.021%$25.0M$186.3M20xas long as short
Gate SOXL_USDT0.0000%8h142.61−0.014%$25.6M$40.1M50xas long as short
MEXC SOXL_USDT0.0000%8h142.51−0.084%$16.3M$45.6M200xas long as short
Bitget SOXLUSDT0.0000%8h142.59−0.028%$59.2M$110.3M20xas long as short
Variational Omni SOXL0.0000%8h142.63+0.002%$2.2M$5.0Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.66+0.020%$70K$196K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h142.43−0.140%$2K$4.8M10xas long as short
HTX SOXL-USDT0.0000%8h142.51−0.084%$190K$534K50xas long as short
Phemex SOXLUSDT0.0000%8h142.53−0.070%$2.5M$1.2M10xas long as short
Bybit SOXLUSDT+0.0017%8h142.66+0.021%$50.4M$182.9M100xas long as short
Lighter SOXL+0.0032%1h142.47−0.112%$767K$2.7M20xas long as short
Lighter RH SOXL+0.0032%1h142.50−0.091%$323K$2.0M20xas long as short
QFEX SOXL-USD+0.0038%1h142.47−0.112%$303K$259K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h142.47−0.112%$25.5M$23.4M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h142.47−0.112%$205K$889K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h142.50−0.091%$6.8M$11.4M20xas long as short
ApeX Omni SOXLUSDTshort+0.0100%1h142.46−0.119%$38K$143K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h142.48−0.105%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h142.48−0.105%$5K10xas long as short
Coinbase International SOXL-PERP-INTXlong+0.0136%1h142.63long leg$747K$2.6M10x
Deribit SOXL_USDC-PERPETUAL+0.0171%1h142.49−0.098%$116K$380K10xas long as short
Polymarket Perps SOXL-USD+0.0213%1h142.58−0.035%$6K$265K10xas long as short
Kraken Futures PF_SOXLUSD+0.0302%1h142.35−0.197%$88K$311K20xas long as short
edgeX SOXLUSDC+0.0419%4h142.59−0.027%$178K$320K10xas long as short