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+0.0213%/8h= +23.3% APRpaid last 24h −0.036%
Price spread now: GRVT against Deribit+0.409%75s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.469% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.182%+$18 on $10k
Price spread, last 3 days (all we have)−0.321%−$32 · spread now +0.409%, 7d avg +0.013%
Together, before fees−0.139%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.396% dearer against Deribit than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.013%. 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
LongDeribit SOXL_USDC-PERPETUAL144.850get 0.0000% / 1h40m 19s$118K$276K10x
ShortGRVT SOXL_USDT_Perp145.440.0213get 0.0213% / 8h6h 40m$71K$168K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Deribit. 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
$44.73
Price spread: +0.409% → +0.013%
$39.62
Slippage, 4 orders
−$30.94
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$37.42
Costs to cover
0.469%
Break-even
1.1 days
Slippage from Deribit: live order book, 28 min ago; GRVT: live order book, 27 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 Deribit live order book, 28 min ago7.84 bp15.0 bp −$1518.8 bp −$188doesn't fitdoesn't fit
Sell GRVT live order book, 27 min ago5.79 bp10.3 bp −$1014.9 bp −$149doesn'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
Aster SOXLUSDT0.0000%8h144.95+0.072%$248K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.83−0.014%$52.4M$184.3M100xas long as short
Gate SOXL_USDT0.0000%8h144.89+0.028%$27.2M$40.9M50xas long as short
SunX SOXL-USDT0.0000%8h145.11+0.179%$1K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUALlong0.0000%1h144.85long leg$118K$276K10x
HTX SOXL-USDT0.0000%8h145.39+0.373%$184K$616K50xas long as short
Phemex SOXLUSDT0.0000%8h144.80−0.035%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.08+0.159%$268K$271K30xas long as short
Lighter SOXL+0.0032%1h144.77−0.055%$810K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.86+0.007%$348K$1.8M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h144.90+0.035%$25.9M$22.6M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h145.06+0.145%$5K$266K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.41+0.387%$207K$674K10xas long as short
OKX SOXL-USDT-SWAP+0.0065%8h144.76−0.062%$25.3M$188.4M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.88+0.021%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.32+0.324%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.84−0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.850.000%$6K10xas long as short
Variational Omni SOXL+0.0179%8h145.26+0.285%$2.4M$4.9Mas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.25+0.276%$839K$2.5M10xas long as short
BloFin SOXL-USDT+0.0206%8h145.57+0.497%$1.3M$490K50xas long as short
Extended SOXL-USD+0.0208%1h144.83−0.017%$24K$263K10xas long as short
Binance SOXLUSDT+0.0211%8h144.79−0.041%$170.1M$1.23B50xas long as short
MEXC SOXL_USDT+0.0211%8h144.79−0.041%$14.6M$47.7M200xas long as short
GRVT SOXL_USDT_Perpshort+0.0213%8h145.44+0.409%$71K$168K10x
Bitget SOXLUSDT+0.0325%8h144.95+0.069%$60.2M$112.5M20xas long as short
Kraken Futures PF_SOXLUSD+0.0414%1h144.78−0.052%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0844%4h145.31+0.316%$181K$322K10xas long as short