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% APRpaid last 24h +0.160%
Price spread now: GRVT against Kraken Futures+0.064%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$730.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.352%+$35 on $10k
Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.064%, 7d avg +0.098%
Together, before fees+0.383%+ Points / potential airdropGRVT: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.034% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.098%). If the spread goes back, that is −$3 on $10k: about 4.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.352% in total) that is about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD144.58−0.0023get 0.0003% / 1h15m 29s$90K$303K20x
ShortGRVT SOXL_USDT_Perp144.670get 0.0000% / 8h15m 29s$71K$163K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$4.92
Price spread: +0.064% → +0.098%
−$3.37
Slippage, 4 orders
−$53.69
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$71.14
Costs to cover
0.727%
Break-even
108.1 days
Slippage from Kraken Futures: live order book, 62 min ago; GRVT: live order book, 61 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, 62 min ago4.54 bp26.5 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 61 min ago1.75 bp6.2 bp −$618.1 bp −$181doesn'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%1h144.58long leg$90K$303K20x
Aster SOXLUSDT0.0000%8h144.66+0.057%$214K$1.6M50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.63+0.037%$25.6M$184.1M20xas long as short
Gate SOXL_USDT0.0000%8h144.58+0.002%$27.4M$39.6M50xas long as short
Bitget SOXLUSDT0.0000%8h144.55−0.019%$60.2M$109.2M20xas long as short
Variational Omni SOXL0.0000%8h144.68+0.074%$2.2M$4.9Mas long as short
GRVT SOXL_USDT_Perpshort0.0000%8h144.67+0.064%$71K$163K10x
SunX SOXL-USDT0.0000%8h144.70+0.085%$1K$4.7M10xas long as short
HTX SOXL-USDT0.0000%8h144.76+0.126%$186K$597K50xas long as short
Phemex SOXLUSDT0.0000%8h144.68+0.071%$2.5M$1.2M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SOXL-USD+0.0021%1h144.61+0.023%$308K$257K30xas long as short
MEXC SOXL_USDT+0.0022%8h144.59+0.009%$14.2M$46.6M200xas long as short
Binance SOXLUSDT+0.0024%8h144.62+0.030%$172.0M$1.19B50xas long as short
Extended SOXL-USD+0.0024%1h144.61+0.024%$27K$338K10xas long as short
BloFin SOXL-USDT+0.0026%8h144.80+0.154%$1.2M$490K50xas long as short
Lighter RH SOXL+0.0032%1h144.64+0.043%$343K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.64+0.043%$238K$915K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.67+0.064%$6.9M$10.8M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.58+0.002%$38K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.64+0.043%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.65+0.051%$6K10xas long as short
Bybit SOXLUSDT+0.0111%8h144.64+0.043%$51.5M$178.2M100xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h144.80+0.154%$977K$2.3M10xas long as short
tradeXYZ xyz:SOXL+0.0192%1h144.52−0.040%$26.3M$22.0M10xas long as short
Lighter SOXL+0.0192%1h144.60+0.016%$802K$2.6M20xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0511%1h144.69+0.078%$118K$297K10xas long as short
Polymarket Perps SOXL-USD+0.0580%1h144.73+0.106%$5K$265K10xas long as short
edgeX SOXLUSDC+0.0954%4h144.71+0.093%$180K$324K10xas long as short