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−0.0213%/8h= −23.3% APRnext payment $2.13 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against GRVT−0.036%77s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 3 days (all we have)−0.005%$0 · spread now −0.036%, 7d avg +0.021%
Together, before fees−0.091%+ Points / potential airdropGRVT: Active · farm board−$9 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 HTX is 0.058% cheaper against GRVT than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SOXL_USDT_Perp145.440.0213pay 0.0213% / 8h6h 40m$71K$168K10x
ShortHTX SOXL-USDT145.390get 0.0000% / 8h6h 40m$184K$616K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.036% → +0.021%
−$5.75
Slippage, 4 orders
−$20.43
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$91.91
Costs to cover
0.414%
Break-even
never at this rate
Slippage from GRVT: live order book, 27 min ago; HTX: live order book, 29 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 HTX live order book, 29 min ago4.43 bp10.4 bp −$1011.0 bp −$11021.0 bp −$2,101doesn'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%8h144.87−0.391%$248K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.76−0.470%$52.4M$184.3M100xas long as short
Gate SOXL_USDT0.0000%8h144.80−0.442%$27.2M$40.9M50xas long as short
SunX SOXL-USDT0.0000%8h145.11−0.229%$1K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.85−0.408%$118K$276K10xas long as short
HTX SOXL-USDTshort0.0000%8h145.39−0.036%$184K$616K50x
Phemex SOXLUSDT0.0000%8h144.80−0.442%$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%1h144.77−0.463%$810K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.86−0.401%$348K$1.8M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h144.75−0.477%$25.9M$22.6M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h145.06−0.263%$5K$266K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.41−0.023%$207K$674K10xas long as short
OKX SOXL-USDT-SWAP+0.0065%8h144.72−0.497%$25.3M$188.3M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.88−0.387%$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%8h144.84−0.415%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.85−0.408%$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%1h144.83−0.425%$24K$263K10xas long as short
Binance SOXLUSDT+0.0211%8h144.77−0.465%$170.0M$1.23B50xas long as short
MEXC SOXL_USDT+0.0211%8h144.79−0.449%$14.6M$47.7M200xas long as short
GRVT SOXL_USDT_Perplong+0.0213%8h145.44long leg$71K$168K10x
Bitget SOXLUSDT+0.0325%8h144.79−0.449%$60.2M$112.5M20xas long as short
Kraken Futures PF_SOXLUSD+0.0414%1h144.78−0.459%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0844%4h145.31−0.094%$181K$322K10xas long as short