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−0.0004%/8h= −0.4% APRpaid last 24h −0.071%
Price spread now: OKX against Kraken Futures+0.048%55s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$730.730% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.315%+$31 on $10k
Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.048%, 7d avg +0.074%
Together, before fees+0.288%+$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.026% cheaper against Kraken Futures than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.074%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD145.140.0018pay 0.0002% / 1h52m 23s$88K$304K20x
ShortOKX SOXL-USDT-SWAP145.210.0014get 0.0014% / 8h5h 52m$24.8M$191.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$0.83
Price spread: +0.048% → +0.074%
−$2.63
Slippage, 4 orders
−$53.04
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$76.51
Costs to cover
0.730%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 10 min ago; OKX: 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 Kraken Futures live order book, 10 min ago4.82 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.34 bp6.5 bp −$79.5 bp −$9541.8 bp −$4,178doesn't fit

SOXL on 27 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+0.099%$247K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.31+0.117%$52.1M$185.2M100xas long as short
Gate SOXL_USDT0.0000%8h145.28+0.096%$27.2M$42.2M50xas long as short
Bitget SOXLUSDT0.0000%8h145.25+0.075%$60.2M$112.1M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.08−0.040%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.25+0.075%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.30+0.110%$184K$578K50xas long as short
Phemex SOXLUSDT0.0000%8h145.23+0.062%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.28+0.096%$269K$271K30xas long as short
OKX SOXL-USDT-SWAPshort+0.0014%8h145.21+0.048%$24.8M$191.7M20x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSDlong+0.0018%1h145.14long leg$88K$304K20x
Lighter SOXL+0.0032%1h145.27+0.089%$812K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.28+0.096%$359K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.21+0.048%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.07−0.049%$207K$619K10xas long as short
Variational Omni SOXL+0.0080%8h145.15+0.007%$2.4M$4.8Mas long as short
KuCoin SOXLUSDTM+0.0100%8h145.29+0.103%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.03−0.076%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.26+0.082%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.21+0.048%$6K10xas long as short
MEXC SOXL_USDT+0.0125%8h145.27+0.089%$15.6M$48.7M200xas long as short
Binance SOXLUSDT+0.0126%8h145.24+0.069%$169.4M$1.23B50xas long as short
Extended SOXL-USD+0.0128%1h145.32+0.126%$25K$241K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.41+0.186%$804K$2.5M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0232%1h145.28+0.096%$117K$284K10xas long as short
Polymarket Perps SOXL-USD+0.0296%1h145.38+0.165%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0523%4h145.23+0.064%$181K$324K10xas long as short