Funding arb · Price arb /

SOXL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0932%/8h= +102.0% APRpaid last 24h −0.092%

Price spread now: edgeX against MEXC+0.049%7-day average −0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$530.533% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 3 days (all we have)+0.027%+$3 · spread now +0.049%, 7d avg −0.084%

Together, before fees+0.225%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and edgeX is 0.133% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.084%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SOXL_USDT	144.64	0.0022	pay 0.0022% / 8h	14m 52s	$14.2M	$46.6M	200x
Short	edgeX SOXLUSDC	144.71	0.0954	get 0.0477% / 4h	14m 52s	$180K	$324K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee MEXCbpFee edgeXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $195.67
Price spread: +0.049% → −0.084%: $13.33
Slippage, 4 orders: −$44.31
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $155.69
Costs to cover: 0.533%
Break-even: 1.4 days

Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 63 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 MEXC live order book, 4 min ago	0.34 bp	0.3 bp $0	0.4 bp −$4	3.3 bp −$329	10.8 bp −$5,378
Sell edgeX live order book, 63 min ago	20.60 bp	26.4 bp −$26	35.4 bp −$354	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
Kraken Futures PF_SOXLUSD	−0.0023%	1h	144.51	−0.090%	$90K	$303K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.66	+0.014%	$214K	$1.6M	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.60	−0.028%	$25.6M	$184.1M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.59	−0.035%	$27.4M	$39.6M	50x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.59	−0.035%	$60.2M	$109.2M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	144.68	+0.030%	$2.2M	$4.9M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	144.67	+0.021%	$71K	$163K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.62	−0.014%	$1K	$4.7M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.71	+0.048%	$186K	$606K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.66	+0.014%	$2.5M	$1.2M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0003%	8h	144.68	+0.028%	$1.2M	$489K	50x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.61	−0.021%	$308K	$257K	30x	as long as short
MEXC SOXL_USDTlong	+0.0022%	8h	144.64	long leg	$14.2M	$46.6M	200x
Binance SOXLUSDT	+0.0024%	8h	144.60	−0.031%	$171.9M	$1.19B	50x	as long as short
Extended SOXL-USD	+0.0024%	1h	144.59	−0.033%	$27K	$338K	10x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.66	+0.014%	$343K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.64	0.000%	$238K	$915K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.66	+0.014%	$6.9M	$10.8M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.58	−0.041%	$38K	$141K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.64	0.000%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.59	−0.033%	$6K	—	10x	as long as short
Bybit SOXLUSDT	+0.0111%	8h	144.65	+0.007%	$51.5M	$178.2M	100x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0144%	1h	144.80	+0.111%	$977K	$2.3M	10x	as long as short
tradeXYZ xyz:SOXL	+0.0191%	1h	144.55	−0.062%	$26.3M	$22.0M	10x	as long as short
Lighter SOXL	+0.0192%	1h	144.63	−0.007%	$803K	$2.6M	20x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0373%	1h	144.61	−0.021%	$118K	$298K	10x	as long as short
Polymarket Perps SOXL-USD	+0.0580%	1h	144.73	+0.062%	$5K	$265K	10x	as long as short
edgeX SOXLUSDCshort	+0.0954%	4h	144.71	+0.049%	$180K	$324K	10x