Funding arb · Price arb / RWA

SOXL

RWAAll SOXL markets →

LONGHTX▾HTX 0.0000%

⇄⇅

SHORTBingX▾BingX +0.1902%

Backtest 30d

☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HTXSOXL-USDT	43.180	0	0.0000% / 8h	7h 51m	$664K	$5.0M	50x	Long HTX
SHORT	BingXNCSKSOXL2USD-USDT	43.180	+0.1902	get 0.1902% / 8h	7h 51m	$934K	$39.1M	—	Short BingX

Price gap0.000%

Funding gap+0.1902% /8h

Both sides work: funding pays +$57 a day on $10k, and the gap is 0.040% above its 7d average: +$4 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.553% in total, about +0.0264%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now0.000%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

HTXBingX

SOXL on 32 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• !
  Watch: Thin at this size3890.2 / 6.1 bp

  At $10k entering HTX costs 3890.2 bp, fee and slippage, 633.7× BingX’s.
• i
  Note: Margin at max leverage$200 + —

  HTX 50x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval8h / 8h

  Both legs pay at the same time.

  Long HTX · 8h$0.00

  Short BingX · 8h+$57.06

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$57.06Long HTX: 3 payments, $0.00; short BingX: 3 payments, +$57.06.
• ✓
  OK: Entry gap works for you0.000% vs −0.040%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$664K vs $934K OI

  HTX sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCHTX Limited · BingX Yes

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0264%/8h × 21 periods+$55.34

Price spread0.000% → −0.040% (7d avg)+$4.01

Slippage, 4 orderslive order books−$4,150.36

Fee HTX bp × 2 orders−$12.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$4,113.01

Costs to cover41.724%Break-even527.3 days

Slippage: HTX: live order book, 1 min ago; BingX: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGHTX61.493890.2 bp−$3,890doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX1.146.1 bp−$66.1 bp−$6110.1 bp−$1,01350.7 bp−$25.3K

Closing costs about the same again.

Alert

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SOXL news

posts that mention SOXL or Direxion Semiconductor Bull 3x, from every exchange

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11-04 19:06	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-27 14:15	Phemex	Other	Chips ripped +2.8%, best day since Sept. Then the bell rang and... nothing stopped. $SOXL trades 24/7 on Phemex. still riding semis 🟢 or taking profit 🔴? 👉 @Phemex_official on X ↗
10-27 14:04	Phemex	Other	Chips ripped +2.8%, best day since Sept. Then the bell rang and... nothing stopped. $SOXL trades 24/7 on Phemex. still riding semis 🟢 or taking profit 🔴? 👉 @Phemex_official on X ↗
10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-19 12:48	Polymarket Perps	Other	JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗
10-12 17:13	Aster	Listing	new market SOXLUSD1 ($SOXL) seen by our collector