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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%
Price spread now: Bybit against Ondo Perps+0.227%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.227%, 7d avg +0.079%
Together, before fees+0.009%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.148% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.227% now, against its 7-day average of +0.079%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOXL-USD.P145.070.0050pay 0.0006% / 1h54m 45s$207K$619K10x
ShortBybit SOXLUSDT145.400get 0.0000% / 8h5h 54m$52.1M$185.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Ondo Perps. 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
−$10.58
Price spread: +0.227% → +0.079%
$14.84
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$11.75
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Bybit live order book, 4 min ago0.34 bp7.0 bp −$713.3 bp −$13347.7 bp −$4,768doesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h145.20+0.091%$247K$1.5M50xas long as short
Bybit SOXLUSDTshort0.0000%8h145.40+0.227%$52.1M$185.2M100x
Gate SOXL_USDT0.0000%8h145.43+0.248%$27.3M$42.2M50xas long as short
Bitget SOXLUSDT0.0000%8h145.35+0.193%$60.3M$112.2M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.08+0.008%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.31+0.165%$1K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.22+0.103%$118K$283K10xas long as short
HTX SOXL-USDT0.0000%8h145.15+0.055%$184K$578K50xas long as short
Phemex SOXLUSDT0.0000%8h145.31+0.165%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.25+0.124%$269K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.15+0.053%$88K$304K20xas long as short
OKX SOXL-USDT-SWAP+0.0018%8h145.32+0.172%$24.7M$191.8M20xas long as short
Lighter SOXL+0.0032%1h145.38+0.214%$813K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.41+0.234%$359K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.35+0.193%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.Plong+0.0050%1h145.07long leg$207K$619K10x
Variational Omni SOXL+0.0080%8h145.15+0.056%$2.4M$4.8Mas long as short
KuCoin SOXLUSDTM+0.0100%8h145.30+0.159%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.03−0.028%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.20+0.090%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.18+0.075%$6K10xas long as short
Extended SOXL-USD+0.0120%1h145.28+0.144%$25K$241K10xas long as short
MEXC SOXL_USDT+0.0122%8h145.38+0.214%$15.6M$48.7M200xas long as short
Binance SOXLUSDT+0.0123%8h145.37+0.207%$169.7M$1.23B50xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.29+0.152%$804K$2.5M10xas long as short
Polymarket Perps SOXL-USD+0.0298%1h145.32+0.172%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0508%4h145.04−0.024%$181K$323K10xas long as short