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−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against MEXC+0.041%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 7 days−0.045%−$4 · spread now +0.041%, 7d avg −0.059%
Together, before fees+0.055%+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.100% dearer against MEXC than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.059%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXL_USDT144.990.0121pay 0.0121% / 8h5h 48m$15.1M$48.8M200x
ShortKuCoin SOXLUSDTM145.050.0100get 0.0100% / 8h5h 48m$6.9M$10.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$4.41
Price spread: +0.041% → −0.059%
$10.02
Slippage, 4 orders
−$25.71
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.11
Costs to cover
0.377%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: 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, 1 min ago0.34 bp0.3 bp $00.4 bp −$43.1 bp −$30622.0 bp −$11.0K
Sell KuCoin live order book, 5 min ago0.34 bp13.2 bp −$1359.1 bp −$591doesn't fitdoesn't fit

SOXL on 27 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
Aster SOXLUSDT0.0000%8h144.94−0.033%$247K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.05+0.041%$52.0M$184.9M100xas long as short
Gate SOXL_USDT0.0000%8h144.990.000%$27.1M$42.3M50xas long as short
Bitget SOXLUSDT0.0000%8h144.97−0.014%$60.1M$111.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.29+0.207%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h144.87−0.083%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.96−0.021%$117K$286K10xas long as short
HTX SOXL-USDT0.0000%8h144.96−0.021%$184K$568K50xas long as short
Phemex SOXLUSDT0.0000%8h145.02+0.021%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h144.88−0.076%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SOXL-USDT-SWAP+0.0009%8h144.97−0.014%$24.7M$191.5M20xas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h144.91−0.056%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h144.95−0.028%$810K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.02+0.021%$358K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.98−0.007%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.05+0.041%$207K$612K10xas long as short
Variational Omni SOXL+0.0084%8h145.23+0.163%$2.4M$4.8Mas long as short
KuCoin SOXLUSDTMshort+0.0100%8h145.05+0.041%$6.9M$10.3M20x
ApeX Omni SOXLUSDT+0.0100%1h145.24+0.172%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.94−0.034%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.93−0.042%$6K10xas long as short
Binance SOXLUSDT+0.0118%8h145.00+0.007%$169.2M$1.23B50xas long as short
Extended SOXL-USD+0.0120%1h144.92−0.045%$25K$241K10xas long as short
MEXC SOXL_USDTlong+0.0121%8h144.99long leg$15.1M$48.8M200x
Coinbase International SOXL-PERP-INTX+0.0160%1h145.41+0.290%$804K$2.5M10xas long as short
Polymarket Perps SOXL-USD+0.0260%1h145.08+0.062%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0671%4h145.24+0.175%$181K$324K10xas long as short