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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.072%
Price spread now: Gate against Kraken Futures0.000%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$850.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now 0.000%, 7d avg +0.073%
Together, before fees+0.201%+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.073% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD145.260.0018pay 0.0002% / 1h29m 17s$88K$304K20x
ShortGate SOXL_USDT145.260get 0.0000% / 8h5h 29m$27.2M$42.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$3.83
Price spread: 0.000% → +0.073%
−$7.3
Slippage, 4 orders
−$60.17
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$96.31
Costs to cover
0.852%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 33 min ago; Gate: live order book, 5 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, 33 min ago4.82 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago1.03 bp11.7 bp −$1225.8 bp −$25830.7 bp −$3,06840.4 bp −$20.2K

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%8h145.28+0.013%$245K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.14−0.083%$52.0M$184.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.09−0.117%$24.8M$191.8M20xas long as short
Gate SOXL_USDTshort0.0000%8h145.260.000%$27.2M$42.5M50x
Bitget SOXLUSDT0.0000%8h145.25−0.007%$60.3M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.53+0.186%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.30+0.027%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.27+0.007%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.13−0.090%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.25−0.007%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSDlong+0.0018%1h145.26long leg$88K$304K20x
Lighter SOXL+0.0032%1h145.12−0.097%$811K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.19−0.049%$359K$1.7M20xas long as short
Variational Omni SOXL+0.0050%8h145.40+0.093%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.20−0.042%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.21−0.035%$207K$597K10xas long as short
Binance SOXLUSDT+0.0086%8h145.13−0.090%$169.2M$1.23B50xas long as short
Extended SOXL-USD+0.0088%1h145.21−0.038%$24K$244K10xas long as short
MEXC SOXL_USDT+0.0088%8h145.12−0.097%$15.3M$49.0M200xas long as short
BloFin SOXL-USDT+0.0092%8h145.23−0.021%$1.2M$479K50xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.31+0.034%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.49+0.158%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.25−0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.25−0.008%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.29+0.020%$817K$2.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0163%1h145.25−0.007%$116K$277K10xas long as short
Polymarket Perps SOXL-USD+0.0249%1h145.40+0.096%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0707%4h145.44+0.126%$181K$326K10xas long as short