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−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.027%
Price spread now: Coinbase International against Polymarket Perps−0.056%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.056%, 7d avg +0.006%
Together, before fees+0.026%+$3 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: Coinbase International is 0.062% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD143.550.0125pay 0.0016% / 1h46m 47s$3K$268K10x
ShortCoinbase International SOXL-PERP-INTX143.470.0120get 0.0015% / 1h46m 47s$762K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket 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
−$0.99
Price spread: −0.056% → +0.006%
−$6.16
Slippage, 4 orders
−$17.92
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$43.07
Costs to cover
0.359%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Coinbase International: live order book, 2 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 Polymarket Perps live order book, 5 min ago3.48 bp7.5 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago4.54 bp9.5 bp −$1012.6 bp −$126doesn'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
BloFin SOXL-USDT−0.0016%8h143.47−0.056%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h143.60+0.034%$231K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h143.58+0.018%$19K$250K10xas long as short
Binance SOXLUSDT0.0000%8h143.64+0.063%$166.9M$1.27B50xas long as short
Bybit SOXLUSDT0.0000%8h143.66+0.077%$47.5M$196.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h143.64+0.063%$24.1M$198.6M20xas long as short
Gate SOXL_USDT0.0000%8h143.66+0.077%$26.5M$43.7M50xas long as short
MEXC SOXL_USDT0.0000%8h143.68+0.091%$15.1M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h143.67+0.084%$59.4M$115.4M20xas long as short
Variational Omni SOXL0.0000%8h143.47−0.056%$2.3M$4.7Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h142.56−0.693%$67K$178K10xas long as short
SunX SOXL-USDT0.0000%8h143.51−0.028%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h143.19−0.251%$180K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h143.45−0.070%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h143.50−0.035%$265K$266K30xas long as short
Lighter SOXL+0.0032%1h143.60+0.035%$708K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h143.63+0.056%$270K$1.8M20xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h143.58+0.022%$87K$285K20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h143.62+0.049%$25.2M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.26−0.202%$201K$488K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h143.56+0.007%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h142.56−0.690%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h143.39−0.111%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h143.35−0.140%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0120%1h143.47−0.056%$762K$2.7M10x
Polymarket Perps SOXL-USDlong+0.0125%1h143.55long leg$3K$268K10x
Deribit SOXL_USDC-PERPETUAL+0.0238%1h143.43−0.084%$112K$316K10xas long as short
edgeX SOXLUSDC+0.0596%4h142.84−0.493%$178K$329K10xas long as short