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+0.0050%/8h= +5.5% APRpaid last 24h +0.065%
Price spread now: Polymarket Perps against Gate+0.065%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.314%+$31 on $10k
Price spread, last 4 days (all we have)+0.406%+$41 · spread now +0.065%, 7d avg +0.014%
Together, before fees+0.721%+$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.051% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOXL_USDT139.230get 0.0000% / 8h6h 58m$29.8M$54.6M50x
ShortPolymarket Perps SOXL-USD139.320.0050get 0.0006% / 1h58m 16s$9K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$10.5
Price spread: +0.065% → +0.014%
$5.06
Slippage, 4 orders
−$17.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$24.52
Costs to cover
0.401%
Break-even
23.3 days
Slippage from Gate: live order book, 6 min ago; Polymarket Perps: live order book, 5 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, 6 min ago0.36 bp11.8 bp −$1223.6 bp −$23641.2 bp −$4,12255.3 bp −$27.7K
Sell Polymarket Perps live order book, 5 min ago5.04 bp9.6 bp −$109.7 bp −$97doesn'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−0.1104%8h139.30+0.050%$58.8M$151.8M20xas long as short
BloFin SOXL-USDT−0.0019%8h139.11−0.086%$1.3M$502K50xas long as short
Aster SOXLUSDT0.0000%8h138.99−0.174%$189K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h139.21−0.013%$42K$380K10xas long as short
Binance SOXLUSDT0.0000%8h139.20−0.022%$158.5M$1.56B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.17−0.043%$26.5M$244.2M20xas long as short
Gate SOXL_USDTlong0.0000%8h139.23long leg$29.8M$54.6M50x
MEXC SOXL_USDT0.0000%8h139.33+0.072%$12.2M$56.4M200xas long as short
Variational Omni SOXL0.0000%8h138.80−0.309%$1.9M$5.6Mas long as short
SunX SOXL-USDT0.0000%8h139.230.000%$2K$3.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h139.11−0.086%$87K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h139.15−0.057%$2.3M$1.2M10xas long as short
QFEX SOXL-USD+0.0022%1h139.19−0.029%$257K$264K30xas long as short
Lighter RH SOXL+0.0032%1h139.16−0.050%$256K$1.7M20xas long as short
Polymarket Perps SOXL-USDshort+0.0050%1h139.32+0.065%$9K$291K10x
Ondo Perps SOXL-USD.P+0.0050%1h138.92−0.223%$217K$396K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.15−0.057%$6.4M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.78−0.323%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.18−0.036%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.18−0.035%$5K10xas long as short
tradeXYZ xyz:SOXL+0.0114%1h139.27+0.029%$21.6M$32.3M10xas long as short
Lighter SOXL+0.0192%1h139.24+0.007%$660K$2.6M20xas long as short
Coinbase International SOXL-PERP-INTX+0.0240%1h139.12−0.079%$982K$3.2M10xas long as short
Bybit SOXLUSDT+0.0248%8h139.20−0.022%$46.6M$225.5M100xas long as short
GRVT SOXL_USDT_Perp+0.0396%8h138.77−0.330%$64K$194K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0469%1h139.24+0.007%$111K$386K10xas long as short
edgeX SOXLUSDC+0.0904%4h138.98−0.181%$173K$334K10xas long as short
Kraken Futures PF_SOXLUSD+0.0969%1h139.25+0.011%$88K$342K20xas long as short