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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.030%
Price spread now: Coinbase International against MEXC−0.007%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$170.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.198%+$20 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.007%, 7d avg −0.070%
Together, before fees+0.133%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.063% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXL_USDT140.420get 0.0000% / 8h3h 18m$15.0M$51.1M200x
ShortCoinbase International SOXL-PERP-INTX140.410.0120get 0.0015% / 1h18m 54s$874K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
$25.2
Price spread: −0.007% → −0.070%
$6.31
Slippage, 4 orders
−$6.74
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$14.77
Costs to cover
0.167%
Break-even
2.9 days
Slippage from MEXC: live order book, 5 min ago; Coinbase International: live order book, 5 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 MEXC live order book, 5 min ago0.35 bp0.4 bp $00.4 bp −$41.9 bp −$18816.7 bp −$8,357
Sell Coinbase International live order book, 5 min ago2.84 bp8.2 bp −$811.9 bp −$119doesn'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−0.0878%8h140.43+0.007%$58.5M$121.0M20xas long as short
BloFin SOXL-USDT−0.0026%8h140.41−0.007%$1.2M$470K50xas long as short
Aster SOXLUSDT0.0000%8h140.34−0.060%$212K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h140.39−0.020%$33K$255K10xas long as short
Binance SOXLUSDT0.0000%8h140.34−0.057%$163.7M$1.31B50xas long as short
Bybit SOXLUSDT0.0000%8h140.35−0.050%$47.5M$206.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.36−0.043%$24.6M$202.1M20xas long as short
Gate SOXL_USDT0.0000%8h140.39−0.021%$26.0M$45.0M50xas long as short
MEXC SOXL_USDTlong0.0000%8h140.42long leg$15.0M$51.1M200x
Variational Omni SOXL0.0000%8h141.16+0.527%$2.2M$4.9Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h141.05+0.445%$67K$184K10xas long as short
SunX SOXL-USDT0.0000%8h140.36−0.043%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h140.46+0.028%$134K$813K50xas long as short
Phemex SOXLUSDT0.0000%8h140.51+0.064%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h140.47+0.036%$259K$266K30xas long as short
Lighter SOXL+0.0032%1h140.420.000%$690K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h140.40−0.014%$261K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h140.28−0.100%$24.8M$23.4M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.75+0.235%$208K$500K10xas long as short
Kraken Futures PF_SOXLUSD+0.0051%1h140.48+0.044%$83K$293K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.50+0.057%$6.7M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.05+0.449%$37K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.30−0.085%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.28−0.103%$5K10xas long as short
edgeX SOXLUSDC+0.0116%4h141.17+0.531%$176K$329K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0120%1h140.41−0.007%$874K$2.7M10x
Polymarket Perps SOXL-USD+0.0364%1h140.56+0.100%$3K$268K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0606%1h140.37−0.036%$109K$333K10xas long as short