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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0459%/8h= +50.3% APRpaid last 24h +0.130%
Price spread now: edgeX against Polymarket Perps+0.016%64s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.685% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.259%+$26 on $10k
Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.016%, 7d avg −0.010%
Together, before fees−0.021%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.026% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD145.420.0248pay 0.0031% / 1h30m 01s$3K$269K10x
ShortedgeX SOXLUSDC145.440.0707get 0.0353% / 4h1h 30m$181K$326K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$96.42
Price spread: +0.016% → −0.010%
$2.63
Slippage, 4 orders
−$51.54
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$30.51
Costs to cover
0.685%
Break-even
4.8 days
Slippage from Polymarket Perps: live order book, 32 min ago; edgeX: live order book, 33 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, 32 min ago3.10 bp7.8 bp −$810.7 bp −$107doesn't fitdoesn't fit
Sell edgeX live order book, 33 min ago20.71 bp26.2 bp −$2637.3 bp −$373doesn'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
Aster SOXLUSDT0.0000%8h145.27−0.104%$245K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.26−0.110%$52.1M$184.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.23−0.131%$24.8M$192.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.27−0.103%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h145.25−0.117%$60.3M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.49+0.046%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.34−0.055%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.47+0.034%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.29−0.089%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.30−0.083%$269K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.21−0.142%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.24−0.124%$812K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.30−0.083%$359K$1.7M20xas long as short
Variational Omni SOXL+0.0050%8h145.40−0.017%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.20−0.151%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.44+0.014%$207K$598K10xas long as short
Extended SOXL-USD+0.0088%1h145.19−0.159%$24K$244K10xas long as short
Binance SOXLUSDT+0.0088%8h145.22−0.138%$169.3M$1.23B50xas long as short
MEXC SOXL_USDT+0.0089%8h145.22−0.138%$15.3M$49.0M200xas long as short
BloFin SOXL-USDT+0.0097%8h145.41−0.007%$1.2M$480K50xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.27−0.103%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.34−0.055%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.29−0.089%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.28−0.098%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.23−0.131%$817K$2.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0163%1h145.30−0.083%$116K$277K10xas long as short
Polymarket Perps SOXL-USDlong+0.0248%1h145.42long leg$3K$269K10x
edgeX SOXLUSDCshort+0.0707%4h145.44+0.016%$181K$326K10x