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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: SunX against Phemex−0.028%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1661.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.028%, 7d avg −0.003%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.025% cheaper against Phemex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT144.660get 0.0000% / 8h14m 53s$2.5M$1.2M10x
ShortSunX SOXL-USDT144.620get 0.0000% / 8h14m 53s$1K$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.028% → −0.003%
−$2.5
Slippage, 4 orders
−$146.32
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$168.81
Costs to cover
1.663%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago2.07 bp42.5 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 3 min ago28.65 bp32.6 bp −$3362.2 bp −$622doesn'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
Kraken Futures PF_SOXLUSD−0.0023%1h144.51−0.104%$90K$303K20xas long as short
Aster SOXLUSDT0.0000%8h144.660.000%$214K$1.6M50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.60−0.041%$25.6M$184.1M20xas long as short
Gate SOXL_USDT0.0000%8h144.59−0.048%$27.4M$39.6M50xas long as short
Bitget SOXLUSDT0.0000%8h144.59−0.048%$60.2M$109.2M20xas long as short
Variational Omni SOXL0.0000%8h144.68+0.017%$2.2M$4.9Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h144.67+0.007%$71K$163K10xas long as short
SunX SOXL-USDTshort0.0000%8h144.62−0.028%$1K$4.7M10x
HTX SOXL-USDT0.0000%8h144.71+0.035%$186K$606K50xas long as short
Phemex SOXLUSDTlong0.0000%8h144.66long leg$2.5M$1.2M10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXL-USDT+0.0003%8h144.68+0.014%$1.2M$489K50xas long as short
QFEX SOXL-USD+0.0021%1h144.61−0.035%$308K$257K30xas long as short
MEXC SOXL_USDT+0.0022%8h144.64−0.014%$14.2M$46.6M200xas long as short
Binance SOXLUSDT+0.0024%8h144.60−0.045%$171.9M$1.19B50xas long as short
Extended SOXL-USD+0.0024%1h144.59−0.047%$27K$338K10xas long as short
Lighter RH SOXL+0.0032%1h144.660.000%$343K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.64−0.014%$238K$915K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.660.000%$6.9M$10.8M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.58−0.055%$38K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.64−0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.59−0.046%$6K10xas long as short
Bybit SOXLUSDT+0.0111%8h144.65−0.007%$51.5M$178.2M100xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h144.80+0.097%$977K$2.3M10xas long as short
tradeXYZ xyz:SOXL+0.0191%1h144.55−0.076%$26.3M$22.0M10xas long as short
Lighter SOXL+0.0192%1h144.63−0.021%$803K$2.6M20xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0373%1h144.61−0.035%$118K$298K10xas long as short
Polymarket Perps SOXL-USD+0.0580%1h144.73+0.048%$5K$265K10xas long as short
edgeX SOXLUSDC+0.0954%4h144.71+0.035%$180K$324K10xas long as short