Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin+0.624%97s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1051.049% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 3 days (all we have)−0.699%−$70 · spread now +0.624%, 7d avg −0.020%

Together, before fees−0.871%−$87 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: ApeX Omni is 0.644% dearer against KuCoin than usual: you sell high and buy low, +$64 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SOXLUSDTM	145.87	0.0100	pay 0.0100% / 8h	7h 23m	$7.0M	$10.5M	20x
Short	ApeX Omni SOXLUSDT	146.78	0.0100	get 0.0013% / 1h	23m 50s	$38K	$143K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee ApeX OmnibpOrdersPrice spread, now +0.624%Rate

Funding earned: $0
Price spread: +0.624% → −0.020%: $64.39
Slippage, 4 orders: −$82.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$40.47
Costs to cover: 1.049%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 5 min ago	0.34 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 47 min ago	25.58 bp	37.1 bp −$37	207.6 bp −$2,076	doesn't fit	doesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOXLUSDT	0.0000%	8h	145.81	−0.043%	$217K	$1.6M	50x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.86	−0.007%	$27.8M	$39.2M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.77	−0.069%	$2K	$4.5M	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.69	−0.123%	$2.5M	$1.2M	10x	as long as short
Lighter SOXL	+0.0032%	1h	145.63	−0.165%	$811K	$2.6M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.68	−0.130%	$344K	$1.8M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	146.93	+0.727%	$242K	$747K	10x	as long as short
QFEX SOXL-USD	+0.0070%	1h	145.89	+0.014%	$270K	$271K	30x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0093%	1h	145.72	−0.103%	$118K	$273K	10x	as long as short
OKX SOXL-USDT-SWAP	+0.0099%	8h	145.88	+0.007%	$26.8M	$188.8M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXLUSDTMlong	+0.0100%	8h	145.87	long leg	$7.0M	$10.5M	20x
ApeX Omni SOXLUSDTshort	+0.0100%	1h	146.78	+0.624%	$38K	$143K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.80	−0.048%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.77	−0.072%	$6K	—	10x	as long as short
Variational Omni SOXL	+0.0150%	8h	146.81	+0.645%	$2.3M	$4.9M	—	as long as short
HTX SOXL-USDT	+0.0155%	8h	146.51	+0.439%	$185K	$628K	50x	as long as short
Extended SOXL-USD	+0.0184%	1h	145.73	−0.099%	$25K	$318K	10x	as long as short
MEXC SOXL_USDT	+0.0187%	8h	145.86	−0.007%	$13.1M	$47.6M	200x	as long as short
BloFin SOXL-USDT	+0.0188%	8h	146.43	+0.384%	$1.3M	$498K	50x	as long as short
Binance SOXLUSDT	+0.0188%	8h	145.84	−0.019%	$171.2M	$1.21B	50x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.95	+0.740%	$1.1M	$2.2M	10x	as long as short
tradeXYZ xyz:SOXL	+0.0211%	1h	145.80	−0.048%	$26.3M	$21.5M	10x	as long as short
edgeX SOXLUSDC	+0.0216%	4h	147.00	+0.775%	$183K	$321K	10x	as long as short
Bybit SOXLUSDT	+0.0237%	8h	145.94	+0.048%	$53.0M	$182.3M	100x	as long as short
Kraken Futures PF_SOXLUSD	+0.0426%	1h	145.87	−0.002%	$88K	$304K	20x	as long as short
Bitget SOXLUSDT	+0.0454%	8h	145.89	+0.014%	$61.7M	$111.5M	20x	as long as short
Polymarket Perps SOXL-USD	+0.0605%	1h	146.10	+0.158%	$5K	$266K	10x	as long as short
GRVT SOXL_USDT_Perp	+0.0775%	8h	146.97	+0.754%	$72K	$159K	10x	as long as short