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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0531%/8h= +58.2% APRpaid last 24h +0.125%
Price spread now: edgeX against KuCoin+0.251%53s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.269%+$27 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.251%, 7d avg +0.010%
Together, before fees+0.198%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 0.241% dearer against KuCoin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.269% in total (about 14.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXLUSDTM136.600.0100pay 0.0100% / 8h7h 36m$6.3M$10.7M20x
ShortedgeX SOXLUSDC136.940.0631get 0.0316% / 4h3h 36m$170K$332K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$111.54
Price spread: +0.251% → +0.010%
$24.11
Slippage, 4 orders
−$70.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$44.27
Costs to cover
0.914%
Break-even
4.2 days
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 62 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 KuCoin live order book, 2 min ago0.73 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 62 min ago20.53 bp25.7 bp −$2634.3 bp −$343doesn'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
Bitget SOXLUSDT−0.1582%8h136.46−0.102%$58.2M$145.3M20xas long as short
Kraken Futures PF_SOXLUSD−0.0121%1h136.88+0.208%$77K$317K20xas long as short
BloFin SOXL-USDT−0.0011%8h136.91+0.227%$1.2M$464K50xas long as short
Aster SOXLUSDT0.0000%8h136.49−0.079%$181K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h136.46−0.103%$70K$364K10xas long as short
Binance SOXLUSDT0.0000%8h136.46−0.103%$160.9M$1.49B50xas long as short
Bybit SOXLUSDT0.0000%8h136.46−0.102%$45.3M$221.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h136.40−0.146%$25.2M$226.5M20xas long as short
Gate SOXL_USDT0.0000%8h136.54−0.044%$28.7M$51.1M50xas long as short
MEXC SOXL_USDT0.0000%8h136.48−0.088%$21.2M$56.8M200xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL0.0000%8h137.11+0.375%$1.8M$5.6Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h136.90+0.218%$63K$194K10xas long as short
SunX SOXL-USDT0.0000%8h136.88+0.205%$1K$3.9M10xas long as short
HTX SOXL-USDT0.0000%8h136.82+0.161%$86K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h136.88+0.205%$2.3M$1.2M10xas long as short
QFEX SOXL-USD+0.0022%1h136.51−0.066%$252K$264K30xas long as short
Lighter SOXL+0.0032%1h136.53−0.051%$653K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h136.49−0.081%$231K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0049%1h136.45−0.110%$20.1M$29.7M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h136.34−0.190%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h136.65+0.037%$208K$420K10xas long as short
KuCoin SOXLUSDTMlong+0.0100%8h136.60long leg$6.3M$10.7M20x
ApeX Omni SOXLUSDT+0.0100%1h136.82+0.161%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h136.84+0.176%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h136.83+0.167%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0208%1h137.34+0.542%$930K$3.0M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0408%1h136.87+0.198%$109K$387K10xas long as short
edgeX SOXLUSDCshort+0.0631%4h136.94+0.251%$170K$332K10x