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−0.0680%/8h= −74.4% APRpaid last 24h −0.191%
Price spread now: SunX against edgeX−0.105%74s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1181.179% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.540%−$54 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.105%, 7d avg +0.036%
Together, before fees−0.480%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and SunX is 0.141% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.036%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXLUSDC146.000.0680pay 0.0340% / 4h39m 54s$182K$325K10x
ShortSunX SOXL-USDT145.850get 0.0000% / 8h4h 39m$2K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$142.73
Price spread: −0.105% → +0.036%
−$14.14
Slippage, 4 orders
−$100.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$274.81
Costs to cover
1.179%
Break-even
never at this rate
Slippage from edgeX: live order book, 18 min ago; SunX: live order book, 8 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, 18 min ago20.90 bp26.7 bp −$2731.0 bp −$310doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago28.48 bp32.5 bp −$3262.3 bp −$623doesn'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
Kraken Futures PF_SOXLUSD−0.0116%1h145.75−0.176%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h145.65−0.240%$236K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.70−0.208%$52.2M$186.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.68−0.222%$24.7M$197.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.63−0.256%$27.3M$42.9M50xas long as short
Variational Omni SOXL0.0000%8h145.85−0.107%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.73−0.190%$70K$176K10xas long as short
SunX SOXL-USDTshort0.0000%8h145.85−0.105%$2K$4.3M10x
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.70−0.208%$115K$284K10xas long as short
HTX SOXL-USDT0.0000%8h146.09+0.059%$184K$569K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOXLUSDT0.0000%8h145.62−0.263%$2.5M$1.2M10xas long as short
BloFin SOXL-USDT+0.0014%8h145.83−0.119%$1.2M$479K50xas long as short
Bitget SOXLUSDT+0.0016%8h145.67−0.229%$60.4M$112.9M20xas long as short
QFEX SOXL-USD+0.0021%1h145.79−0.146%$269K$266K30xas long as short
Extended SOXL-USD+0.0024%1h145.65−0.243%$24K$249K10xas long as short
Binance SOXLUSDT+0.0026%8h145.69−0.217%$170.9M$1.24B50xas long as short
MEXC SOXL_USDT+0.0028%8h145.69−0.215%$15.3M$49.0M200xas long as short
Lighter SOXL+0.0032%1h145.63−0.256%$737K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.59−0.283%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.61−0.270%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.74−0.181%$208K$534K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.69−0.215%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.72−0.194%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.74−0.181%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.72−0.194%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.82−0.126%$908K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0179%1h145.92−0.057%$3K$269K10xas long as short
edgeX SOXLUSDClong+0.0680%4h146.00long leg$182K$325K10x