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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Phemex−0.101%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.101% cheaper against Phemex than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.4 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT138.980get 0.0000% / 8h1h 23m$2.3M$1.2M10x
ShortOrderly PERP_SOXL_USDC_mythos138.840.0100get 0.0100% / 8h1h 23m$1K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.101% → 0.000%
−$10.07
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$7.07
Costs to cover
0.180%
Break-even
9.4 days
Slippage unknown: Phemex: live order book, 5 min ago; Orderly: 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, 5 min ago2.16 bp53.1 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.2507%8h139.07+0.065%$60.4M$139.6M20xas long as short
Aster SOXLUSDT0.0000%8h138.79−0.139%$204K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.92−0.047%$33K$320K10xas long as short
Binance SOXLUSDT0.0000%8h138.99+0.006%$163.9M$1.46B50xas long as short
Bybit SOXLUSDT0.0000%8h139.02+0.029%$46.1M$230.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.01+0.022%$26.4M$226.6M20xas long as short
Gate SOXL_USDT0.0000%8h138.96−0.014%$28.3M$49.8M50xas long as short
MEXC SOXL_USDT0.0000%8h138.95−0.022%$16.9M$55.4M200xas long as short
Variational Omni SOXL0.0000%8h138.93−0.035%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.56−0.299%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h139.01+0.022%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h139.10+0.086%$87K$1.3M50xas long as short
Phemex SOXLUSDTlong0.0000%8h138.98long leg$2.3M$1.2M10x
BloFin SOXL-USDT+0.0023%8h139.00+0.014%$1.3M$468K50xas long as short
Lighter SOXL+0.0032%1h138.97−0.007%$691K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h138.95−0.022%$268K$1.7M20xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0038%1h138.87−0.079%$108K$364K10xas long as short
QFEX SOXL-USD+0.0046%1h138.90−0.058%$257K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.82−0.115%$21.2M$30.2M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.59−0.281%$211K$480K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.82−0.115%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.52−0.331%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythosshort+0.0100%8h138.84−0.101%$1K$5K20x
Aevo SOXL-PERP+0.0104%1h138.76−0.155%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.71−0.194%$948K$3.2M10xas long as short
Polymarket Perps SOXL-USD+0.0268%1h138.96−0.014%$9K$292K10xas long as short
edgeX SOXLUSDC+0.0271%4h138.58−0.285%$173K$330K10xas long as short
Kraken Futures PF_SOXLUSD+0.0433%1h138.77−0.151%$81K$299K20xas long as short