Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0631%/8h= −69.1% APRpaid last 24h −0.155%

Price spread now: Gate against edgeX−0.403%52s7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$760.761% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.627%−$63 on $10k

Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.403%, 7d avg −0.004%

Together, before fees−0.430%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Gate is 0.399% cheaper against edgeX than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXLUSDC	136.94	0.0631	pay 0.0316% / 4h	3h 34m	$170K	$332K	10x
Short	Gate SOXL_USDT	136.39	0	get 0.0000% / 8h	7h 34m	$28.7M	$51.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.403%Rate

Funding earned: −$132.54
Price spread: −0.403% → −0.004%: −$39.9
Slippage, 4 orders: −$52.05
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$248.5
Costs to cover: 0.761%
Break-even: never at this rate

Slippage from edgeX: live order book, 64 min ago; Gate: live order book, 4 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, 64 min ago	20.53 bp	25.8 bp −$26	30.5 bp −$305	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.10 bp	13.1 bp −$13	28.1 bp −$281	32.9 bp −$3,288	43.2 bp −$21.6K

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
Bitget SOXLUSDT	−0.1560%	8h	136.43	−0.374%	$58.1M	$145.4M	20x	as long as short
Kraken Futures PF_SOXLUSD	−0.0121%	1h	136.65	−0.210%	$77K	$317K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	136.41	−0.389%	$181K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	136.43	−0.371%	$70K	$364K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	136.43	−0.374%	$160.9M	$1.49B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	136.42	−0.382%	$45.4M	$222.0M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	136.41	−0.389%	$25.3M	$226.7M	20x	as long as short
Gate SOXL_USDTshort	0.0000%	8h	136.39	−0.403%	$28.7M	$51.1M	50x
MEXC SOXL_USDT	0.0000%	8h	136.51	−0.316%	$21.3M	$56.8M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	136.57	−0.270%	$1.8M	$5.6M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	136.90	−0.033%	$63K	$194K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	136.55	−0.287%	$1K	$3.9M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	136.67	−0.199%	$86K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	136.70	−0.177%	$2.3M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0022%	1h	136.44	−0.367%	$252K	$264K	30x	as long as short
BloFin SOXL-USDT	+0.0027%	8h	136.56	−0.279%	$1.2M	$491K	50x	as long as short
Lighter SOXL	+0.0032%	1h	136.55	−0.287%	$653K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	136.43	−0.374%	$231K	$1.7M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	136.47	−0.345%	$20.1M	$29.8M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	136.27	−0.491%	$9K	$291K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	136.65	−0.214%	$208K	$420K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	136.60	−0.250%	$6.3M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	136.81	−0.097%	$36K	$144K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	136.54	−0.294%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	136.55	−0.286%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	137.34	+0.290%	$930K	$3.0M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0483%	1h	136.58	−0.265%	$109K	$387K	10x	as long as short
edgeX SOXLUSDClong	+0.0631%	4h	136.94	long leg	$170K	$332K	10x