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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0435%/8h= +47.6% APRpaid last 24h +0.063%
Price spread now: Kraken Futures against HTX−0.014%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$870.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.235%−$23 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.014%, 7d avg −0.109%
Together, before fees−0.265%−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 0.095% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.109%. Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.235% in total (about -12.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOXL-USDT138.170get 0.0000% / 8h1h 40m$86K$1.3M50x
ShortKraken Futures PF_SOXLUSD138.150.0435get 0.0054% / 1h40m 39s$83K$296K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
$91.38
Price spread: −0.014% → −0.109%
$9.49
Slippage, 4 orders
−$65.45
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$13.42
Costs to cover
0.875%
Break-even
6.0 days
Slippage from HTX: live order book, 3 min ago; Kraken Futures: live order book, 2 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 HTX live order book, 3 min ago2.89 bp9.6 bp −$109.6 bp −$9620.4 bp −$2,044doesn't fit
Sell Kraken Futures live order book, 2 min ago5.43 bp30.4 bp −$30doesn't fitdoesn'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−0.2450%8h138.47+0.217%$59.9M$138.6M20xas long as short
Aster SOXLUSDT0.0000%8h138.26+0.062%$203K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.31+0.099%$32K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.26+0.065%$163.9M$1.45B50xas long as short
Bybit SOXLUSDT0.0000%8h138.25+0.058%$46.1M$229.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.19+0.014%$26.4M$224.8M20xas long as short
Gate SOXL_USDT0.0000%8h138.34+0.123%$28.0M$49.3M50xas long as short
MEXC SOXL_USDT0.0000%8h138.31+0.101%$17.1M$55.1M200xas long as short
Variational Omni SOXL0.0000%8h138.16−0.007%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.10−0.048%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.14−0.022%$1K$4.3M10xas long as short
HTX SOXL-USDTlong0.0000%8h138.17long leg$86K$1.3M50x
Phemex SOXLUSDT0.0000%8h138.22+0.036%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0002%8h138.18+0.007%$1.3M$465K50xas long as short
Lighter SOXL+0.0032%1h138.20+0.022%$689K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.170.000%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h138.31+0.101%$255K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.10−0.051%$21.3M$29.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.02−0.109%$210K$492K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.16−0.007%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h137.66−0.369%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.12−0.036%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.11−0.042%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.28+0.080%$943K$3.1M10xas long as short
Polymarket Perps SOXL-USD+0.0275%1h138.24+0.051%$9K$292K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0402%1h138.10−0.051%$118K$352K10xas long as short
edgeX SOXLUSDC+0.0410%4h138.08−0.062%$172K$332K10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0435%1h138.15−0.014%$83K$296K20x