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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h +0.018%
Price spread now: tradeXYZ against GRVT+0.366%66s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.591%−$59 · spread now +0.366%, 7d avg −0.061%
Together, before fees−0.640%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.427% dearer against GRVT than usual: you sell high and buy low (spread +0.366% now, against its 7-day average of −0.061%): +$43 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.049% in total) that is about 2 months. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SOXL_USDT_Perp136.800.0215pay 0.0215% / 8h7h 20m$63K$193K10x
ShorttradeXYZ xyz:SOXL137.300.0050get 0.0006% / 1h20m 27s$20.7M$31.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$34.65
Price spread: +0.366% → −0.061%
$42.68
Slippage, 4 orders
−$7.56
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$26.53
Costs to cover
0.346%
Break-even
from the start
Slippage from GRVT: live order book, 12 min ago; tradeXYZ: live order book, 9 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, 12 min ago2.57 bp7.1 bp −$712.7 bp −$127doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.37 bp11.0 bp −$1113.9 bp −$139doesn'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−0.1363%8h137.46+0.483%$58.1M$149.6M20xas long as short
Kraken Futures PF_SOXLUSD−0.0121%1h137.15+0.253%$78K$328K20xas long as short
Aster SOXLUSDT0.0000%8h137.20+0.292%$184K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h137.35+0.405%$41K$389K10xas long as short
Binance SOXLUSDT0.0000%8h137.37+0.417%$161.4M$1.52B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h137.35+0.402%$26.3M$234.3M20xas long as short
Gate SOXL_USDT0.0000%8h137.33+0.388%$29.5M$54.1M50xas long as short
MEXC SOXL_USDT0.0000%8h137.41+0.446%$22.4M$57.7M200xas long as short
Variational Omni SOXL0.0000%8h137.42+0.450%$1.8M$5.5Mas long as short
SunX SOXL-USDT0.0000%8h137.27+0.344%$1K$3.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h137.28+0.351%$86K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h137.28+0.351%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0008%8h137.29+0.358%$1.3M$495K50xas long as short
QFEX SOXL-USD+0.0022%1h137.38+0.424%$254K$264K30xas long as short
Lighter RH SOXL+0.0032%1h137.30+0.366%$241K$1.7M20xas long as short
Lighter SOXL+0.0048%1h137.33+0.388%$646K$2.6M20xas long as short
tradeXYZ xyz:SOXLshort+0.0050%1h137.30+0.366%$20.7M$31.1M10x
Polymarket Perps SOXL-USD+0.0050%1h137.25+0.329%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h137.53+0.534%$215K$402K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h137.09+0.212%$6.3M$10.7M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h136.46−0.248%$35K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h137.23+0.314%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h137.18+0.280%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0208%1h136.84+0.029%$1.0M$3.1M10xas long as short
GRVT SOXL_USDT_Perplong+0.0215%8h136.80long leg$63K$193K10x
Bybit SOXLUSDT+0.0271%8h137.39+0.431%$46.6M$224.7M100xas long as short
edgeX SOXLUSDC+0.0751%4h136.73−0.053%$170K$332K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0990%1h137.23+0.314%$109K$387K10xas long as short