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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0131%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.021%
Price spread now: Polymarket Perps against Coinbase International−0.028%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.018%+$2 on $10k
Price spread, last 3 days (all we have)−0.038%−$4 · spread now −0.028%, 7d avg −0.009%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOXL-PERP-INTX145.410.0160pay 0.0020% / 1h53m 16s$804K$2.5M10x
ShortPolymarket Perps SOXL-USD145.370.0291get 0.0036% / 1h53m 16s$3K$269K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$27.59
Price spread: −0.028% → −0.009%
−$1.85
Slippage, 4 orders
−$13.83
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$6.09
Costs to cover
0.318%
Break-even
8.5 days
Slippage from Coinbase International: live order book, 6 min ago; Polymarket Perps: live order book, 9 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, 6 min ago2.76 bp7.8 bp −$812.7 bp −$127doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 9 min ago3.10 bp8.2 bp −$89.5 bp −$95doesn't fitdoesn't fit

SOXL on 27 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
Aster SOXLUSDT0.0000%8h145.14−0.183%$247K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.31−0.069%$52.1M$185.2M100xas long as short
Gate SOXL_USDT0.0000%8h145.25−0.110%$27.2M$42.2M50xas long as short
Bitget SOXLUSDT0.0000%8h145.25−0.110%$60.2M$112.2M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.08−0.225%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.25−0.110%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.30−0.076%$184K$578K50xas long as short
Phemex SOXLUSDT0.0000%8h145.23−0.124%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.20−0.144%$269K$271K30xas long as short
OKX SOXL-USDT-SWAP+0.0015%8h145.25−0.110%$24.7M$191.8M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.14−0.185%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.22−0.131%$812K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.24−0.117%$359K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.18−0.158%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.07−0.234%$207K$619K10xas long as short
Variational Omni SOXL+0.0080%8h145.15−0.178%$2.4M$4.8Mas long as short
KuCoin SOXLUSDTM+0.0100%8h145.19−0.151%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.03−0.261%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.23−0.124%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.21−0.137%$6K10xas long as short
MEXC SOXL_USDT+0.0123%8h145.25−0.110%$15.6M$48.7M200xas long as short
Binance SOXLUSDT+0.0125%8h145.25−0.110%$169.4M$1.23B50xas long as short
Extended SOXL-USD+0.0128%1h145.22−0.130%$25K$241K10xas long as short
Coinbase International SOXL-PERP-INTXlong+0.0160%1h145.41long leg$804K$2.5M10x
Deribit SOXL_USDC-PERPETUAL+0.0232%1h145.28−0.089%$117K$284K10xas long as short
Polymarket Perps SOXL-USDshort+0.0291%1h145.37−0.028%$3K$269K10x
edgeX SOXLUSDC+0.0523%4h145.23−0.122%$181K$324K10xas long as short