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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.024%
Price spread now: Extended against Kraken Futures+0.095%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.264%+$26 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.095%, 7d avg +0.061%
Together, before fees+0.192%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.034% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD144.38−0.0023get 0.0003% / 1h39m 55s$89K$303K20x
ShortExtended SOXL-USD144.510get 0.0000% / 1h39m 55s$27K$338K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Kraken Futures. 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
$4.93
Price spread: +0.095% → +0.061%
$3.41
Slippage, 4 orders
−$47.91
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54.57
Costs to cover
0.629%
Break-even
84.5 days
Slippage from Kraken Futures: live order book, 38 min ago; Extended: live order book, 38 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 Kraken Futures live order book, 38 min ago4.54 bp26.5 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 38 min ago0.70 bp3.6 bp −$413.0 bp −$130doesn'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
Kraken Futures PF_SOXLUSDlong−0.0023%1h144.38long leg$89K$303K20x
BloFin SOXL-USDT−0.0010%8h144.46+0.058%$1.2M$490K50xas long as short
Aster SOXLUSDT0.0000%8h144.40+0.016%$215K$1.7M50xas long as short
Extended SOXL-USDshort0.0000%1h144.51+0.095%$27K$338K10x
Binance SOXLUSDT0.0000%8h144.56+0.124%$170.7M$1.19B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.55+0.120%$25.4M$184.1M20xas long as short
Gate SOXL_USDT0.0000%8h144.49+0.078%$27.1M$38.8M50xas long as short
MEXC SOXL_USDT0.0000%8h144.53+0.106%$14.7M$46.4M200xas long as short
Bitget SOXLUSDT0.0000%8h144.50+0.085%$60.1M$109.0M20xas long as short
Variational Omni SOXL0.0000%8h144.44+0.042%$2.2M$4.9Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h144.49+0.081%$71K$169K10xas long as short
SunX SOXL-USDT0.0000%8h144.63+0.175%$2K$4.7M10xas long as short
HTX SOXL-USDT0.0000%8h144.51+0.092%$200K$546K50xas long as short
Phemex SOXLUSDT0.0000%8h144.55+0.120%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h144.50+0.085%$307K$258K30xas long as short
Lighter RH SOXL+0.0032%1h144.54+0.113%$343K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.30−0.053%$238K$913K10xas long as short
Bybit SOXLUSDT+0.0056%8h144.55+0.120%$51.4M$178.2M100xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.39+0.009%$6.9M$11.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.23−0.102%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.54+0.113%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.52+0.102%$6K10xas long as short
Lighter SOXL+0.0128%1h144.50+0.085%$802K$2.6M20xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h144.28−0.067%$962K$2.2M10xas long as short
tradeXYZ xyz:SOXL+0.0193%1h144.47+0.065%$26.1M$22.6M10xas long as short
Polymarket Perps SOXL-USD+0.0536%1h144.68+0.210%$5K$265K10xas long as short
edgeX SOXLUSDC+0.0661%4h144.42+0.027%$180K$323K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0996%1h144.59+0.148%$118K$315K10xas long as short