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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h +0.036%
Price spread now: Deribit against GRVT−0.112%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$470.469% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.182%−$18 on $10k
Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.112%, 7d avg −0.013%
Together, before fees−0.159%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.099% cheaper against GRVT than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SOXL_USDT_Perp145.440.0213pay 0.0213% / 8h6h 40m$71K$168K10x
ShortDeribit SOXL_USDC-PERPETUAL145.280get 0.0000% / 1h40m 35s$118K$276K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$44.73
Price spread: −0.112% → −0.013%
−$9.89
Slippage, 4 orders
−$30.94
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$101.56
Costs to cover
0.469%
Break-even
never at this rate
Slippage from GRVT: live order book, 27 min ago; Deribit: live order book, 28 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, 27 min ago5.79 bp10.3 bp −$1015.1 bp −$151doesn't fitdoesn't fit
Sell Deribit live order book, 28 min ago7.84 bp11.3 bp −$1113.2 bp −$132doesn'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
Aster SOXLUSDT0.0000%8h145.11−0.226%$248K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.02−0.291%$52.5M$184.3M100xas long as short
Gate SOXL_USDT0.0000%8h145.13−0.215%$27.3M$40.8M50xas long as short
SunX SOXL-USDT0.0000%8h145.38−0.043%$1K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUALshort0.0000%1h145.28−0.112%$118K$276K10x
HTX SOXL-USDT0.0000%8h145.39−0.036%$184K$621K50xas long as short
Phemex SOXLUSDT0.0000%8h145.29−0.105%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.08−0.250%$268K$271K30xas long as short
Lighter SOXL+0.0032%1h145.05−0.270%$812K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.11−0.229%$348K$1.8M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h145.07−0.256%$25.9M$22.6M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.41−0.023%$207K$674K10xas long as short
Polymarket Perps SOXL-USD+0.0053%1h145.39−0.036%$5K$266K10xas long as short
OKX SOXL-USDT-SWAP+0.0067%8h144.97−0.325%$25.4M$188.6M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.15−0.201%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.32−0.085%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.25−0.133%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.26−0.126%$6K10xas long as short
Variational Omni SOXL+0.0179%8h145.26−0.124%$2.4M$4.9Mas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.25−0.133%$839K$2.5M10xas long as short
BloFin SOXL-USDT+0.0206%8h145.57+0.087%$1.3M$490K50xas long as short
Extended SOXL-USD+0.0208%1h145.06−0.266%$24K$263K10xas long as short
Binance SOXLUSDT+0.0211%8h144.98−0.321%$170.3M$1.23B50xas long as short
MEXC SOXL_USDT+0.0211%8h145.11−0.229%$14.7M$47.7M200xas long as short
GRVT SOXL_USDT_Perplong+0.0213%8h145.44long leg$71K$168K10x
Bitget SOXLUSDT+0.0325%8h145.14−0.208%$60.3M$112.4M20xas long as short
Kraken Futures PF_SOXLUSD+0.0413%1h145.25−0.135%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0844%4h145.31−0.094%$181K$322K10xas long as short