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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.158%
Price spread now: edgeX against Lighter RH+0.249%50s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$590.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.456%+$46 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.249%, 7d avg −0.001%
Together, before fees+0.255%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.250% dearer against Lighter RH than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOXL138.730.0032pay 0.0004% / 1h56m 29s$262K$1.7M20x
ShortedgeX SOXLUSDC139.080.0145get 0.0073% / 4h56m 29s$173K$329K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Lighter RH. 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
$23.82
Price spread: +0.249% → −0.001%
$24.99
Slippage, 4 orders
−$49.69
Fee Lighter RH: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$9.88
Costs to cover
0.587%
Break-even
9.9 days
Slippage from Lighter RH: live order book, 1 min ago; edgeX: live order book, 47 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 Lighter RH live order book, 1 min ago2.16 bp4.2 bp −$415.5 bp −$155doesn't fitdoesn't fit
Sell edgeX live order book, 47 min ago20.63 bp25.7 bp −$2633.9 bp −$339doesn'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−0.2152%8h138.94+0.151%$60.6M$141.9M20xas long as short
Aster SOXLUSDT0.0000%8h138.75+0.014%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.76+0.024%$42K$335K10xas long as short
Binance SOXLUSDT0.0000%8h138.82+0.065%$163.5M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.84+0.079%$46.0M$229.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.82+0.065%$26.3M$227.1M20xas long as short
Gate SOXL_USDT0.0000%8h138.79+0.043%$28.3M$49.7M50xas long as short
MEXC SOXL_USDT0.0000%8h138.78+0.036%$15.4M$54.6M200xas long as short
Variational Omni SOXL0.0000%8h139.14+0.296%$1.9M$5.5Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h139.13+0.288%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.70−0.022%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.64−0.065%$86K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.76+0.022%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0003%8h138.74+0.007%$1.3M$469K50xas long as short
tradeXYZ xyz:SOXL+0.0023%1h138.70−0.022%$21.2M$30.4M10xas long as short
Lighter SOXL+0.0032%1h138.78+0.036%$676K$2.4M20xas long as short
Lighter RH SOXLlong+0.0032%1h138.73long leg$262K$1.7M20x
QFEX SOXL-USD+0.0035%1h138.77+0.029%$256K$264K30xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.03+0.216%$211K$468K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.62−0.080%$81K$292K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.69−0.029%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.16+0.310%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.68−0.036%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.66−0.049%$5K10xas long as short
Polymarket Perps SOXL-USD+0.0109%1h138.82+0.065%$9K$292K10xas long as short
edgeX SOXLUSDCshort+0.0145%4h139.08+0.249%$173K$329K10x
Deribit SOXL_USDC-PERPETUAL+0.0183%1h138.70−0.022%$108K$358K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.15+0.303%$952K$3.2M10xas long as short