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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0396%/8h= +43.3% APRpaid last 24h +0.042%
Price spread now: Deribit against Gate+0.172%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.129%+$13 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.172%, 7d avg +0.002%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 0.170% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.129% in total (about 11.6% 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
LongGate SOXL_USDT139.260get 0.0000% / 8h6h 55m$29.8M$54.8M50x
ShortDeribit SOXL_USDC-PERPETUAL139.500.0396get 0.0049% / 1h55m 41s$111K$386K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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
$83.07
Price spread: +0.172% → +0.002%
$17.03
Slippage, 4 orders
−$25.36
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$52.74
Costs to cover
0.474%
Break-even
2.6 days
Slippage from Gate: live order book, 3 min ago; Deribit: live order book, 38 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 Gate live order book, 3 min ago1.08 bp10.5 bp −$1023.4 bp −$23439.1 bp −$3,91453.9 bp −$27.0K
Sell Deribit live order book, 38 min ago7.70 bp14.2 bp −$1417.8 bp −$178doesn'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−0.1068%8h138.99−0.194%$59.0M$152.2M20xas long as short
Aster SOXLUSDT0.0000%8h139.21−0.039%$189K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h139.34+0.060%$42K$380K10xas long as short
Binance SOXLUSDT0.0000%8h139.20−0.040%$158.5M$1.57B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.02−0.172%$26.3M$244.6M20xas long as short
Gate SOXL_USDTlong0.0000%8h139.26long leg$29.8M$54.8M50x
MEXC SOXL_USDT0.0000%8h139.04−0.158%$13.1M$56.5M200xas long as short
Variational Omni SOXL0.0000%8h139.50+0.171%$1.9M$5.6Mas long as short
SunX SOXL-USDT0.0000%8h139.53+0.194%$2K$3.8M10xas long as short
HTX SOXL-USDT0.0000%8h139.69+0.309%$87K$1.2M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOXLUSDT0.0000%8h139.50+0.172%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0016%8h139.35+0.065%$1.3M$503K50xas long as short
Lighter RH SOXL+0.0032%1h138.95−0.223%$256K$1.7M20xas long as short
Polymarket Perps SOXL-USD+0.0050%1h139.52+0.187%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.21−0.036%$218K$397K10xas long as short
QFEX SOXL-USD+0.0057%1h139.46+0.144%$258K$264K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.18−0.057%$6.4M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.78−0.345%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.50+0.172%$1K$5K20xas long as short
Lighter SOXL+0.0104%1h139.17−0.065%$654K$2.6M20xas long as short
Aevo SOXL-PERP+0.0104%1h139.53+0.196%$5K10xas long as short
tradeXYZ xyz:SOXL+0.0111%1h139.11−0.108%$21.7M$32.4M10xas long as short
Bybit SOXLUSDT+0.0233%8h139.08−0.129%$46.4M$225.9M100xas long as short
Coinbase International SOXL-PERP-INTX+0.0240%1h139.21−0.036%$979K$3.3M10xas long as short
edgeX SOXLUSDC+0.0372%4h139.09−0.122%$173K$331K10xas long as short
Deribit SOXL_USDC-PERPETUALshort+0.0396%1h139.50+0.172%$111K$386K10x
GRVT SOXL_USDT_Perp+0.0396%8h138.77−0.352%$64K$194K10xas long as short
Kraken Futures PF_SOXLUSD+0.0967%1h139.49+0.164%$88K$342K20xas long as short