Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0751%/8h= −82.2% APRpaid last 24h −0.108%

Price spread now: ApeX Omni against edgeX−0.040%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1281.278% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.345%−$35 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.040%, 7d avg −0.022%

Together, before fees−0.434%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.345% in total (about -18.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXLUSDC	146.64	0.0851	pay 0.0426% / 4h	3h 01m	$183K	$323K	10x
Short	ApeX Omni SOXLUSDT	146.58	0.0100	get 0.0013% / 1h	1m 09s	$38K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee ApeX OmnibpOrdersPrice spread, now −0.040%Rate

Funding earned: −$157.73
Price spread: −0.040% → −0.022%: −$1.81
Slippage, 4 orders: −$108.77
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$287.31
Costs to cover: 1.278%
Break-even: never at this rate

Slippage from edgeX: live order book, 7 min ago; ApeX Omni: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 7 min ago	20.76 bp	26.3 bp −$26	31.1 bp −$311	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 5 min ago	26.89 bp	36.6 bp −$37	210.7 bp −$2,107	doesn't fit	doesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SOXL_USDT	0.0000%	8h	146.76	+0.082%	$27.6M	$40.4M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	146.77	+0.089%	$1K	$4.5M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	146.70	+0.042%	$119K	$287K	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	146.76	+0.082%	$2.5M	$1.2M	10x	as long as short
Aster SOXLUSDT	+0.0017%	8h	146.61	−0.017%	$254K	$1.6M	50x	as long as short
Bybit SOXLUSDT	+0.0021%	8h	146.82	+0.123%	$53.0M	$182.6M	100x	as long as short
Lighter SOXL	+0.0032%	1h	146.72	+0.055%	$814K	$2.6M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	146.75	+0.076%	$349K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	146.46	−0.122%	$229K	$709K	10x	as long as short
QFEX SOXL-USD	+0.0070%	1h	146.76	+0.082%	$271K	$271K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXLUSDTM	+0.0100%	8h	146.77	+0.089%	$7.0M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDTshort	+0.0100%	1h	146.58	−0.040%	$38K	$142K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.77	+0.089%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.73	+0.061%	$6K	—	10x	as long as short
OKX SOXL-USDT-SWAP	+0.0107%	8h	146.79	+0.103%	$26.8M	$189.8M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0123%	1h	146.72	+0.055%	$26.3M	$22.1M	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.78	+0.096%	$1.0M	$2.3M	10x	as long as short
Variational Omni SOXL	+0.0238%	8h	146.74	+0.068%	$2.4M	$5.0M	—	as long as short
HTX SOXL-USDT	+0.0243%	8h	146.81	+0.117%	$185K	$624K	50x	as long as short
MEXC SOXL_USDT	+0.0271%	8h	146.75	+0.076%	$14.1M	$48.2M	200x	as long as short
Extended SOXL-USD	+0.0272%	1h	146.72	+0.056%	$25K	$273K	10x	as long as short
Binance SOXLUSDT	+0.0272%	8h	146.74	+0.069%	$172.0M	$1.22B	50x	as long as short
BloFin SOXL-USDT	+0.0297%	8h	146.71	+0.048%	$1.3M	$496K	50x	as long as short
Kraken Futures PF_SOXLUSD	+0.0424%	1h	146.61	−0.021%	$89K	$304K	20x	as long as short
Polymarket Perps SOXL-USD	+0.0455%	1h	146.91	+0.185%	$5K	$266K	10x	as long as short
Bitget SOXLUSDT	+0.0633%	8h	146.74	+0.069%	$61.9M	$112.4M	20x	as long as short
GRVT SOXL_USDT_Perp	+0.0766%	8h	146.91	+0.187%	$72K	$165K	10x	as long as short
edgeX SOXLUSDClong	+0.0851%	4h	146.64	long leg	$183K	$323K	10x