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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.3% APRnext payment $0.76 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against GRVT−0.227%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 2 days (all we have)+0.250%+$25 · spread now −0.227%, 7d avg +0.033%
Together, before fees+0.288%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.259% cheaper against GRVT than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SOXL_USDT_Perp145.640.0299pay 0.0299% / 8h6h 45m$71K$168K10x
ShortBinance SOXLUSDT145.310.0223get 0.0223% / 8h6h 45m$171.0M$1.23B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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
−$15.97
Price spread: −0.227% → +0.033%
−$25.94
Slippage, 4 orders
−$13.03
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$73.94
Costs to cover
0.320%
Break-even
never at this rate
Slippage from GRVT: live order book, 22 min ago; Binance: live order book, 14 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 GRVT live order book, 22 min ago5.79 bp10.3 bp −$1015.1 bp −$151doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.34 bp5.9 bp −$67.8 bp −$7820.0 bp −$1,998104.8 bp −$52.4K

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
Aster SOXLUSDT0.0000%8h145.35−0.200%$249K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.40−0.165%$52.7M$184.5M100xas long as short
Gate SOXL_USDT0.0000%8h145.30−0.233%$27.3M$40.5M50xas long as short
SunX SOXL-USDT0.0000%8h145.39−0.171%$1K$4.5M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.33−0.213%$118K$276K10xas long as short
HTX SOXL-USDT0.0000%8h145.59−0.034%$184K$621K50xas long as short
Phemex SOXLUSDT0.0000%8h145.37−0.185%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.34−0.206%$269K$271K30xas long as short
Lighter SOXL+0.0032%1h145.37−0.185%$814K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.34−0.206%$349K$1.8M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h145.32−0.220%$26.0M$22.5M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h145.47−0.117%$5K$266K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.49−0.103%$207K$703K10xas long as short
OKX SOXL-USDT-SWAP+0.0070%8h145.44−0.137%$25.7M$189.7M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.36−0.192%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.69+0.035%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.30−0.233%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.29−0.237%$6K10xas long as short
Variational Omni SOXL+0.0190%8h145.51−0.087%$2.4M$4.9Mas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.21−0.295%$846K$2.5M10xas long as short
BloFin SOXL-USDT+0.0206%8h145.57−0.048%$1.3M$490K50xas long as short
Binance SOXLUSDTshort+0.0223%8h145.31−0.227%$171.0M$1.23B50x
Extended SOXL-USD+0.0224%1h145.28−0.246%$24K$271K10xas long as short
MEXC SOXL_USDT+0.0224%8h145.36−0.192%$15.0M$47.6M200xas long as short
GRVT SOXL_USDT_Perplong+0.0299%8h145.64long leg$71K$168K10x
Kraken Futures PF_SOXLUSD+0.0413%1h145.27−0.257%$88K$304K20xas long as short
Bitget SOXLUSDT+0.0437%8h145.37−0.185%$60.4M$112.7M20xas long as short
edgeX SOXLUSDC+0.0517%4h145.39−0.169%$181K$324K10xas long as short