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−0.0036%/8h= −4.0% APRpaid last 24h +0.130%
Price spread now: edgeX against Coinbase International−0.286%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 4 days (all we have)+0.312%+$31 · spread now −0.286%, 7d avg −0.008%
Together, before fees+0.435%+ Points / potential airdropedgeX: Active · farm board+$44 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 edgeX is 0.278% cheaper against Coinbase International than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.123%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOXL-PERP-INTX139.150.0200pay 0.0025% / 1h51m 13s$952K$3.1M10x
ShortedgeX SOXLUSDC138.750.0164get 0.0082% / 4h51m 13s$173K$331K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$7.64
Price spread: −0.286% → −0.008%
−$27.77
Slippage, 4 orders
−$52.39
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$106.8
Costs to cover
0.714%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; edgeX: live order book, 52 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 ago3.96 bp9.3 bp −$912.1 bp −$121doesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago20.63 bp25.7 bp −$2633.9 bp −$339doesn'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 SOXLUSDT−0.2135%8h138.72−0.309%$60.4M$141.8M20xas long as short
Aster SOXLUSDT0.0000%8h138.56−0.422%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.49−0.472%$52K$358K10xas long as short
Binance SOXLUSDT0.0000%8h138.58−0.410%$163.3M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.60−0.395%$46.0M$228.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.58−0.410%$26.3M$226.8M20xas long as short
Gate SOXL_USDT0.0000%8h138.58−0.410%$28.3M$49.8M50xas long as short
MEXC SOXL_USDT0.0000%8h138.57−0.417%$15.0M$54.8M200xas long as short
Variational Omni SOXL0.0000%8h138.80−0.252%$1.9M$5.5Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.90−0.180%$64K$204K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.66−0.352%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.65−0.359%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.59−0.402%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0015%8h138.57−0.417%$1.3M$468K50xas long as short
Lighter SOXL+0.0032%1h138.58−0.410%$674K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h138.53−0.446%$261K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.54−0.438%$256K$264K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.47−0.489%$21.1M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.42−0.525%$211K$459K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.58−0.407%$80K$293K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.53−0.446%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.68−0.338%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.52−0.453%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.56−0.427%$5K10xas long as short
Polymarket Perps SOXL-USD+0.0161%1h138.60−0.395%$9K$292K10xas long as short
edgeX SOXLUSDCshort+0.0164%4h138.75−0.286%$173K$331K10x
Coinbase International SOXL-PERP-INTXlong+0.0200%1h139.15long leg$952K$3.1M10x
Deribit SOXL_USDC-PERPETUAL+0.0328%1h138.57−0.417%$108K$358K10xas long as short