Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0795%/8h= +87.1% APRpaid last 24h +0.137%

Price spread now: edgeX against OKX+0.015%101s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.647% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.330%+$33 on $10k

Price spread, last 3 days (all we have)+0.079%+$8 · spread now +0.015%, 7d avg −0.002%

Together, before fees+0.408%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.330% in total (about 17.2% 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	OKX SOXL-USDT-SWAP	146.81	0.0108	pay 0.0108% / 8h	7h 01m	$26.8M	$189.9M	20x
Short	edgeX SOXLUSDC	146.83	0.0903	get 0.0451% / 4h	3h 01m	$183K	$323K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee OKXbpFee edgeXbpOrdersPrice spread, now +0.015%Rate

Funding earned: $166.96
Price spread: +0.015% → −0.002%: $1.71
Slippage, 4 orders: −$45.67
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $104.01
Costs to cover: 0.647%
Break-even: 2.6 days

Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 6 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 OKX live order book, 2 min ago	0.34 bp	5.3 bp −$5	7.2 bp −$72	30.5 bp −$3,045	doesn't fit
Sell edgeX live order book, 6 min ago	20.76 bp	26.5 bp −$26	38.3 bp −$383	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
Gate SOXL_USDT	0.0000%	8h	146.78	−0.020%	$27.6M	$40.3M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	146.71	−0.068%	$1K	$4.5M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	146.77	−0.027%	$119K	$287K	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	146.72	−0.061%	$2.5M	$1.2M	10x	as long as short
Aster SOXLUSDT	+0.0017%	8h	146.64	−0.118%	$254K	$1.6M	50x	as long as short
Bybit SOXLUSDT	+0.0029%	8h	146.84	+0.020%	$53.1M	$182.7M	100x	as long as short
Lighter SOXL	+0.0032%	1h	146.75	−0.041%	$815K	$2.6M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	146.78	−0.020%	$349K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	146.46	−0.238%	$229K	$709K	10x	as long as short
QFEX SOXL-USD	+0.0070%	1h	146.74	−0.048%	$271K	$271K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SOXLUSDTM	+0.0100%	8h	146.76	−0.034%	$7.0M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	146.97	+0.109%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.73	−0.054%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.69	−0.082%	$6K	—	10x	as long as short
OKX SOXL-USDT-SWAPlong	+0.0108%	8h	146.81	long leg	$26.8M	$189.9M	20x
tradeXYZ xyz:SOXL	+0.0125%	1h	146.80	−0.007%	$26.3M	$22.1M	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.72	−0.061%	$1.0M	$2.3M	10x	as long as short
Variational Omni SOXL	+0.0217%	8h	146.87	+0.039%	$2.4M	$5.0M	—	as long as short
BloFin SOXL-USDT	+0.0240%	8h	146.63	−0.123%	$1.3M	$496K	50x	as long as short
HTX SOXL-USDT	+0.0257%	8h	146.97	+0.109%	$186K	$632K	50x	as long as short
MEXC SOXL_USDT	+0.0267%	8h	146.76	−0.034%	$14.1M	$48.2M	200x	as long as short
Extended SOXL-USD	+0.0272%	1h	146.73	−0.052%	$25K	$273K	10x	as long as short
Binance SOXLUSDT	+0.0272%	8h	146.76	−0.034%	$172.0M	$1.22B	50x	as long as short
Kraken Futures PF_SOXLUSD	+0.0424%	1h	146.56	−0.172%	$89K	$304K	20x	as long as short
Polymarket Perps SOXL-USD	+0.0462%	1h	146.86	+0.034%	$5K	$266K	10x	as long as short
Bitget SOXLUSDT	+0.0626%	8h	146.78	−0.020%	$61.9M	$112.4M	20x	as long as short
GRVT SOXL_USDT_Perp	+0.0766%	8h	146.91	+0.070%	$72K	$165K	10x	as long as short
edgeX SOXLUSDCshort	+0.0903%	4h	146.83	+0.015%	$183K	$323K	10x