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+0.0209%/8h= +22.9% APRpaid last 24h +0.168%
Price spread now: edgeX against Phemex+0.603%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1601.598% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.598%+$60 on $10k
Price spread, last 4 days (all we have)−0.539%−$54 · spread now +0.603%, 7d avg −0.032%
Together, before fees+0.059%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.635% dearer against Phemex than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT139.590get 0.0000% / 8h2h 05m$2.3M$1.2M10x
ShortedgeX SOXLUSDC140.430.0209get 0.0105% / 4h2h 05m$175K$330K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Phemex. 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
$43.92
Price spread: +0.603% → −0.032%
$63.54
Slippage, 4 orders
−$138.78
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$52.33
Costs to cover
1.598%
Break-even
15.3 days
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 43 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 Phemex live order book, 3 min ago2.85 bp62.1 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 43 min ago20.60 bp25.6 bp −$2633.7 bp −$337doesn'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−0.2177%8h139.72+0.093%$60.0M$136.0M20xas long as short
Aster SOXLUSDT0.0000%8h139.90+0.222%$200K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.77+0.127%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h139.86+0.193%$165.0M$1.43B50xas long as short
Bybit SOXLUSDT0.0000%8h139.76+0.122%$46.3M$226.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.71+0.086%$26.5M$222.9M20xas long as short
Gate SOXL_USDT0.0000%8h139.93+0.244%$28.0M$49.1M50xas long as short
MEXC SOXL_USDT0.0000%8h139.84+0.179%$16.6M$54.6M200xas long as short
Variational Omni SOXL0.0000%8h140.24+0.466%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h140.38+0.569%$64K$202K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h140.34+0.537%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h139.63+0.029%$109K$339K10xas long as short
HTX SOXL-USDT0.0000%8h140.00+0.294%$92K$1.2M50xas long as short
Phemex SOXLUSDTlong0.0000%8h139.59long leg$2.3M$1.2M10x
BloFin SOXL-USDT+0.0021%8h139.78+0.136%$1.3M$469K50xas long as short
Lighter SOXL+0.0032%1h139.57−0.014%$685K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h139.55−0.029%$269K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h139.74+0.107%$21.8M$29.4M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.54+0.681%$214K$515K10xas long as short
QFEX SOXL-USD+0.0053%1h139.89+0.215%$258K$266K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.92+0.236%$6.7M$10.7M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.34+0.537%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.91+0.229%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.85+0.183%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h140.40+0.580%$966K$3.2M10xas long as short
edgeX SOXLUSDCshort+0.0209%4h140.43+0.603%$175K$330K10x
Polymarket Perps SOXL-USD+0.0444%1h139.92+0.236%$8K$291K10xas long as short
Kraken Futures PF_SOXLUSD+0.0654%1h139.79+0.144%$83K$296K20xas long as short