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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0508%/8h= −55.7% APRpaid last 24h −0.138%
Price spread now: Aster against edgeX−0.166%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$680.676% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.299%−$30 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.166%, 7d avg +0.003%
Together, before fees−0.422%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Aster is 0.169% cheaper against edgeX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.299% in total (about -15.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXLUSDC144.800.0508pay 0.0254% / 4h1h 59m$180K$325K10x
ShortAster SOXLUSDT144.560get 0.0000% / 8h5h 59m$246K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$106.77
Price spread: −0.166% → +0.003%
−$16.94
Slippage, 4 orders
−$50.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$191.26
Costs to cover
0.676%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; Aster: live order book, 4 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 edgeX live order book, 4 min ago20.71 bp26.4 bp −$2631.0 bp −$310doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago1.04 bp7.5 bp −$712.6 bp −$126doesn'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 SOXLUSDTshort0.0000%8h144.56−0.166%$246K$1.6M50x
Bybit SOXLUSDT0.0000%8h144.73−0.048%$51.9M$185.6M100xas long as short
Gate SOXL_USDT0.0000%8h144.63−0.117%$27.1M$41.9M50xas long as short
Bitget SOXLUSDT0.0000%8h144.71−0.062%$60.1M$112.3M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h144.85+0.038%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h144.55−0.172%$1K$4.4M10xas long as short
HTX SOXL-USDT0.0000%8h144.68−0.082%$183K$579K50xas long as short
Phemex SOXLUSDT0.0000%8h144.73−0.048%$2.5M$1.2M10xas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h144.67−0.089%$88K$304K20xas long as short
OKX SOXL-USDT-SWAP+0.0020%8h144.75−0.034%$24.6M$191.6M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SOXL-USD+0.0021%1h144.50−0.207%$267K$271K30xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0026%1h144.74−0.041%$117K$283K10xas long as short
Lighter SOXL+0.0032%1h144.70−0.069%$809K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h144.42−0.262%$357K$1.8M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.58−0.152%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.84+0.028%$207K$633K10xas long as short
Variational Omni SOXL+0.0088%8h144.83+0.021%$2.4M$4.9Mas long as short
KuCoin SOXLUSDTM+0.0100%8h144.65−0.103%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.65−0.103%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.67−0.089%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.69−0.079%$6K10xas long as short
Binance SOXLUSDT+0.0127%8h144.67−0.090%$168.9M$1.24B50xas long as short
Extended SOXL-USD+0.0128%1h144.67−0.088%$25K$241K10xas long as short
MEXC SOXL_USDT+0.0129%8h144.60−0.138%$15.7M$48.6M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h144.53−0.186%$799K$2.5M10xas long as short
Polymarket Perps SOXL-USD+0.0305%1h144.71−0.062%$3K$269K10xas long as short
edgeX SOXLUSDClong+0.0508%4h144.80long leg$180K$325K10x