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+0.0178%/8h= +19.5% APRnext payment +$0.22 per $10,000 · paid last 24h +0.018%
Price spread now: Kraken Futures against Deribit−0.015%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.519%−$52 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.015%, 7d avg −0.075%
Together, before fees−0.513%−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.060% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.075%. Mind the row above: over the last 4 days funding on this pair cost −0.519%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOXL_USDC-PERPETUAL138.310.0256pay 0.0032% / 1h53m 37s$118K$352K10x
ShortKraken Futures PF_SOXLUSD138.290.0435get 0.0054% / 1h53m 37s$83K$297K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$37.45
Price spread: −0.015% → −0.075%
$6.01
Slippage, 4 orders
−$69.01
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$42.54
Costs to cover
0.860%
Break-even
15.0 days
Slippage from Deribit: live order book, 55 min ago; Kraken Futures: live order book, 54 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, 55 min ago3.90 bp12.7 bp −$1321.2 bp −$212doesn't fitdoesn't fit
Sell Kraken Futures live order book, 54 min ago4.98 bp29.4 bp −$29doesn't fitdoesn'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−0.2226%8h138.53+0.159%$59.9M$138.2M20xas long as short
Aster SOXLUSDT0.0000%8h138.35+0.031%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.36+0.038%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.42+0.076%$163.3M$1.45B50xas long as short
Bybit SOXLUSDT0.0000%8h138.41+0.072%$46.3M$228.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.46+0.108%$26.3M$224.1M20xas long as short
Gate SOXL_USDT0.0000%8h138.43+0.087%$28.0M$49.1M50xas long as short
MEXC SOXL_USDT0.0000%8h138.42+0.080%$17.1M$54.9M200xas long as short
Variational Omni SOXL0.0000%8h138.92+0.442%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h139.11+0.578%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.25−0.043%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.64+0.239%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.32+0.007%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0025%8h138.56+0.181%$1.3M$466K50xas long as short
Lighter SOXL+0.0032%1h138.36+0.036%$685K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.35+0.029%$268K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0044%1h138.310.000%$21.4M$29.8M10xas long as short
QFEX SOXL-USD+0.0046%1h138.38+0.051%$256K$266K30xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.22+0.658%$211K$510K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.38+0.051%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.02+0.513%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.23−0.058%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.26−0.036%$5K10xas long as short
Polymarket Perps SOXL-USD+0.0161%1h138.33+0.014%$8K$291K10xas long as short
edgeX SOXLUSDC+0.0166%4h138.68+0.264%$173K$330K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.22−0.065%$943K$3.2M10xas long as short
Deribit SOXL_USDC-PERPETUALlong+0.0256%1h138.31long leg$118K$352K10x
Kraken Futures PF_SOXLUSDshort+0.0435%1h138.29−0.015%$83K$297K20x