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−0.0182%/8h= −19.9% APRpaid last 24h −0.021%
Price spread now: BloFin against Coinbase International−0.137%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.137%, 7d avg +0.036%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.173% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOXL-PERP-INTX139.020.0200pay 0.0025% / 1h36m 57s$952K$3.1M10x
ShortBloFin SOXL-USDT138.830.0018get 0.0018% / 8h36m 57s$1.3M$469K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$38.25
Price spread: −0.137% → +0.036%
−$17.28
Slippage, 4 orders
−$10.12
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$87.65
Costs to cover
0.321%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; BloFin: live order book, just now.

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, 2 min ago3.60 bp8.6 bp −$912.7 bp −$127doesn't fitdoesn't fit
Sell BloFin live order book, just now0.72 bp6.7 bp −$78.6 bp −$8618.2 bp −$1,82151.2 bp −$25.6K

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 SOXLUSDT−0.2017%8h139.020.000%$60.7M$141.9M20xas long as short
Aster SOXLUSDT0.0000%8h138.85−0.124%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.84−0.128%$53K$353K10xas long as short
Binance SOXLUSDT0.0000%8h138.87−0.108%$163.4M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.86−0.115%$46.1M$226.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.85−0.122%$26.1M$228.4M20xas long as short
Gate SOXL_USDT0.0000%8h138.84−0.129%$28.4M$50.0M50xas long as short
MEXC SOXL_USDT0.0000%8h138.88−0.101%$15.9M$55.0M200xas long as short
Variational Omni SOXL0.0000%8h139.24+0.157%$1.9M$5.5Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.91−0.079%$64K$202K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.80−0.158%$1K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.78−0.173%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.83−0.137%$2.3M$1.2M10xas long as short
BloFin SOXL-USDTshort+0.0018%8h138.83−0.137%$1.3M$469K50x
Lighter RH SOXL+0.0032%1h138.79−0.165%$263K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.90−0.086%$256K$264K30xas long as short
edgeX SOXLUSDC+0.0049%4h138.81−0.152%$173K$331K10xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.78−0.173%$21.1M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.49+0.338%$212K$462K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.71−0.220%$81K$300K20xas long as short
Lighter SOXL+0.0072%1h138.88−0.101%$674K$2.4M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.89−0.094%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.10+0.058%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.79−0.165%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.76−0.190%$5K10xas long as short
Coinbase International SOXL-PERP-INTXlong+0.0200%1h139.02long leg$952K$3.1M10x
Polymarket Perps SOXL-USD+0.0234%1h138.82−0.144%$9K$292K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0399%1h138.83−0.137%$108K$358K10xas long as short