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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex+0.078%7-day average −0.077% · 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+0.175%+$18 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.078%, 7d avg −0.077%
Together, before fees+0.093%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.155% dearer against Phemex than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT140.490get 0.0000% / 8h2h 46m$2.4M$1.2M10x
ShortOndo Perps SOXL-USD.P140.600.0050get 0.0006% / 1h46m 32s$207K$500K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: +0.078% → −0.077%
$15.55
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$9.13
Costs to cover
0.170%
Break-even
1.0 days
Slippage unknown: Phemex: live order book, 2 min ago; Ondo Perps: no order-book sample. 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 Phemex live order book, 2 min ago3.55 bp45.2 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Bitget SOXLUSDT−0.1617%8h140.56+0.050%$60.5M$128.4M20xas long as short
BloFin SOXL-USDT−0.0009%8h140.44−0.036%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.44−0.037%$206K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.51+0.016%$33K$312K10xas long as short
Binance SOXLUSDT0.0000%8h140.41−0.057%$164.6M$1.36B50xas long as short
Bybit SOXLUSDT0.0000%8h140.40−0.064%$46.6M$216.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.42−0.050%$25.5M$210.2M20xas long as short
Gate SOXL_USDT0.0000%8h140.52+0.021%$25.9M$46.3M50xas long as short
MEXC SOXL_USDT0.0000%8h140.41−0.057%$16.7M$52.3M200xas long as short
Variational Omni SOXL0.0000%8h141.31+0.584%$2.2M$5.0Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h141.31+0.583%$67K$196K10xas long as short
SunX SOXL-USDT0.0000%8h140.48−0.007%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h140.46−0.021%$109K$333K10xas long as short
HTX SOXL-USDT0.0000%8h140.54+0.036%$102K$1.1M50xas long as short
Phemex SOXLUSDTlong0.0000%8h140.49long leg$2.4M$1.2M10x
Lighter RH SOXL+0.0032%1h140.46−0.021%$264K$1.7M20xas long as short
Ondo Perps SOXL-USD.Pshort+0.0050%1h140.60+0.078%$207K$500K10x
QFEX SOXL-USD+0.0053%1h140.50+0.007%$259K$266K30xas long as short
Lighter SOXL+0.0056%1h140.490.000%$694K$2.3M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.56+0.050%$6.7M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.27+0.555%$37K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.46−0.021%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.49+0.001%$5K10xas long as short
tradeXYZ xyz:SOXL+0.0112%1h140.38−0.078%$25.0M$24.1M10xas long as short
edgeX SOXLUSDC+0.0169%4h140.93+0.312%$176K$330K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h140.78+0.206%$894K$2.9M10xas long as short
Polymarket Perps SOXL-USD+0.0483%1h140.54+0.036%$3K$269K10xas long as short
Kraken Futures PF_SOXLUSD+0.0651%1h140.51+0.011%$85K$299K20xas long as short