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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0434%/8h= +47.5% APRpaid last 24h +0.062%
Price spread now: Kraken Futures against OKX+0.027%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.307%−$31 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.027%, 7d avg −0.071%
Together, before fees−0.365%−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 0.098% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.307%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOXL-USDT-SWAP138.490get 0.0000% / 8h1h 52m$26.3M$224.2M20x
ShortKraken Futures PF_SOXLUSD138.530.0434get 0.0054% / 1h52m 35s$83K$297K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$91.13
Price spread: +0.027% → −0.071%
$9.85
Slippage, 4 orders
−$56.84
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$24.14
Costs to cover
0.768%
Break-even
5.1 days
Slippage from OKX: live order book, 1 min ago; Kraken Futures: live order book, 55 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, 1 min ago0.36 bp5.6 bp −$69.3 bp −$9338.8 bp −$3,884doesn't fit
Sell Kraken Futures live order book, 55 min ago4.98 bp29.4 bp −$29doesn't fitdoesn'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−0.2247%8h138.58+0.065%$59.9M$138.2M20xas long as short
Aster SOXLUSDT0.0000%8h138.47−0.011%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.45−0.027%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.48−0.007%$163.4M$1.45B50xas long as short
Bybit SOXLUSDT0.0000%8h138.52+0.022%$46.3M$228.5M100xas long as short
OKX SOXL-USDT-SWAPlong0.0000%8h138.49long leg$26.3M$224.2M20x
Gate SOXL_USDT0.0000%8h138.490.000%$28.0M$49.1M50xas long as short
MEXC SOXL_USDT0.0000%8h138.47−0.014%$17.1M$54.9M200xas long as short
Variational Omni SOXL0.0000%8h138.92+0.311%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.55+0.042%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.54+0.036%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.59+0.072%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.50+0.007%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0002%8h138.56+0.051%$1.3M$466K50xas long as short
Lighter SOXL+0.0032%1h138.47−0.014%$684K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.43−0.043%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h138.46−0.022%$256K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.39−0.072%$21.4M$29.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.30−0.137%$211K$507K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.490.000%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.02+0.383%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.44−0.036%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.45−0.031%$5K10xas long as short
edgeX SOXLUSDC+0.0166%4h138.68+0.134%$173K$330K10xas long as short
Polymarket Perps SOXL-USD+0.0194%1h138.55+0.043%$8K$291K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.59+0.072%$945K$3.2M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0328%1h138.51+0.014%$118K$352K10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0434%1h138.53+0.027%$83K$297K20x