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+0.0100%/8h= +10.9% APRpaid last 24h +0.029%
Price spread now: ApeX Omni against OKX+0.079%80s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.891% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.165%+$17 · spread now +0.079%, 7d avg −0.020%
Together, before fees+0.148%+$15 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 ApeX Omni is 0.099% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOXL-USDT-SWAP138.880get 0.0000% / 8h10m 14s$25.9M$229.6M20x
ShortApeX Omni SOXLUSDT138.990.0100get 0.0013% / 1h10m 14s$36K$143K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$21
Price spread: +0.079% → −0.020%
$9.88
Slippage, 4 orders
−$69.12
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$58.24
Costs to cover
0.891%
Break-even
26.4 days
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 26 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 OKX live order book, 4 min ago0.36 bp5.7 bp −$68.8 bp −$8840.0 bp −$4,000doesn't fit
Sell ApeX Omni live order book, 26 min ago28.14 bp39.2 bp −$39211.0 bp −$2,110doesn'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−0.1913%8h139.01+0.094%$61.0M$142.3M20xas long as short
Aster SOXLUSDT0.0000%8h138.89+0.005%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.84−0.031%$51K$355K10xas long as short
Binance SOXLUSDT0.0000%8h138.89+0.007%$163.1M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.91+0.022%$46.0M$223.5M100xas long as short
OKX SOXL-USDT-SWAPlong0.0000%8h138.88long leg$25.9M$229.6M20x
Gate SOXL_USDT0.0000%8h138.87−0.007%$27.9M$51.0M50xas long as short
MEXC SOXL_USDT0.0000%8h138.90+0.014%$14.7M$55.7M200xas long as short
Variational Omni SOXL0.0000%8h138.52−0.261%$1.9M$5.5Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h139.05+0.122%$64K$201K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.69−0.137%$2K$4.1M10xas long as short
HTX SOXL-USDT0.0000%8h139.10+0.158%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.91+0.022%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0024%8h138.53−0.252%$1.3M$470K50xas long as short
Lighter SOXL+0.0032%1h138.90+0.014%$675K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h138.86−0.014%$263K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.75−0.094%$256K$264K30xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0038%1h138.86−0.014%$108K$359K10xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.74−0.101%$21.0M$30.4M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.92+0.029%$211K$460K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.71−0.126%$73K$317K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.83−0.036%$6.5M$10.9M20xas long as short
ApeX Omni SOXLUSDTshort+0.0100%1h138.99+0.079%$36K$143K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.83−0.036%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.81−0.047%$5K10xas long as short
Polymarket Perps SOXL-USD+0.0149%1h138.89+0.007%$9K$292K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.94+0.043%$951K$3.1M10xas long as short
edgeX SOXLUSDC+0.0600%4h138.81−0.054%$173K$333K10xas long as short