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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0200%/8h= −21.9% APRpaid last 24h −0.035%
Price spread now: Gate against Coinbase International−0.172%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.455%−$46 on $10k
Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.172%, 7d avg −0.008%
Together, before fees−0.235%−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.164% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOXL-PERP-INTX139.420.0200pay 0.0025% / 1h57m 37s$951K$3.2M10x
ShortGate SOXL_USDT139.180get 0.0000% / 8h1h 57m$28.0M$48.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$42
Price spread: −0.172% → −0.008%
−$16.44
Slippage, 4 orders
−$17.76
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$101.21
Costs to cover
0.428%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago4.65 bp9.7 bp −$1010.9 bp −$109doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago1.07 bp11.8 bp −$1227.2 bp −$27236.2 bp −$3,61847.3 bp −$23.7K

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−0.2159%8h139.38−0.029%$60.1M$137.7M20xas long as short
Aster SOXLUSDT0.0000%8h139.23−0.135%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.12−0.212%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h139.23−0.140%$164.2M$1.44B50xas long as short
Bybit SOXLUSDT0.0000%8h139.27−0.108%$46.4M$227.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.28−0.100%$26.2M$224.0M20xas long as short
Gate SOXL_USDTshort0.0000%8h139.18−0.172%$28.0M$48.9M50x
MEXC SOXL_USDT0.0000%8h139.29−0.093%$16.2M$54.6M200xas long as short
Variational Omni SOXL0.0000%8h139.70+0.200%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h139.58+0.118%$64K$202K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h139.50+0.057%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h139.53+0.079%$119K$352K10xas long as short
HTX SOXL-USDT0.0000%8h139.48+0.043%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h139.45+0.022%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0012%8h139.38−0.029%$1.3M$468K50xas long as short
Lighter SOXL+0.0032%1h139.22−0.143%$689K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h139.16−0.186%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h139.12−0.215%$257K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h139.22−0.143%$21.7M$29.7M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.22−0.143%$212K$510K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.31−0.079%$6.7M$10.8M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.65+0.165%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.55+0.093%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.51+0.067%$5K10xas long as short
Coinbase International SOXL-PERP-INTXlong+0.0200%1h139.42long leg$951K$3.2M10x
Polymarket Perps SOXL-USD+0.0368%1h139.76+0.244%$8K$291K10xas long as short
Kraken Futures PF_SOXLUSD+0.0431%1h139.63+0.154%$83K$296K20xas long as short
edgeX SOXLUSDC+0.0554%4h139.35−0.048%$174K$329K10xas long as short