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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0853%/8h= +93.4% APRpaid last 24h +0.175%
Price spread now: edgeX against Ondo Perps+0.099%54s7-day average +0.049% · 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+0.402%+$40 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.099%, 7d avg +0.049%
Together, before fees+0.489%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and edgeX is 0.050% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.049%. The two prices were read 54 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 0.402% in total (about 21.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOXL-USD.P144.940.0050pay 0.0006% / 1h14m 03s$207K$488K10x
ShortedgeX SOXLUSDC145.080.0903get 0.0451% / 4h14m 03s$181K$328K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$179.04
Price spread: +0.099% → +0.049%
$5.01
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$170.05
Costs to cover
0.140%
Break-even
0.4 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 44 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 edgeX live order book, 44 min ago20.90 bp26.2 bp −$2638.2 bp −$382doesn't fitdoesn'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 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
Kraken Futures PF_SOXLUSD−0.0116%1h145.01+0.047%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h145.01+0.050%$232K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h144.97+0.020%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h144.97+0.020%$169.2M$1.25B50xas long as short
Bybit SOXLUSDT0.0000%8h144.98+0.028%$50.7M$188.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.95+0.007%$24.5M$196.7M20xas long as short
Gate SOXL_USDT0.0000%8h144.96+0.014%$27.2M$43.2M50xas long as short
MEXC SOXL_USDT0.0000%8h144.98+0.028%$14.9M$49.6M200xas long as short
Bitget SOXLUSDT0.0000%8h144.99+0.034%$60.0M$113.1M20xas long as short
Variational Omni SOXL0.0000%8h145.07+0.089%$2.4M$4.7Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h145.18+0.164%$71K$177K10xas long as short
SunX SOXL-USDT0.0000%8h145.03+0.062%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.98+0.028%$114K$290K10xas long as short
HTX SOXL-USDT0.0000%8h144.99+0.034%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h144.98+0.028%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h144.98+0.028%$268K$266K30xas long as short
BloFin SOXL-USDT+0.0023%8h144.92−0.014%$1.2M$475K50xas long as short
Lighter SOXL+0.0032%1h144.97+0.021%$727K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.95+0.007%$275K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.95+0.007%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.Plong+0.0050%1h144.94long leg$207K$488K10x
KuCoin SOXLUSDTM+0.0100%8h144.98+0.028%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.18+0.166%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.01+0.048%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.98+0.024%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.02+0.055%$902K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0164%1h145.14+0.138%$3K$269K10xas long as short
edgeX SOXLUSDCshort+0.0903%4h145.08+0.099%$181K$328K10x