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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0228%/8h= −25.0% APRnext payment $0.29 per $10,000 · paid last 24h −0.052%
Price spread now: Ondo Perps against Polymarket Perps−0.309%7-day average −0.064% · 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 6 days (all we have)−0.178%−$18 on $10k
Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.309%, 7d avg −0.064%
Together, before fees−0.008%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Ondo Perps is 0.245% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD139.020.0279pay 0.0035% / 1h25m 00s$9K$292K10x
ShortOndo Perps SOXL-USD.P138.590.0050get 0.0006% / 1h25m 00s$211K$480K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$47.91
Price spread: −0.309% → −0.064%
−$24.52
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$85.44
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 17 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 Polymarket Perps live order book, 17 min ago2.89 bp6.9 bp −$710.0 bp −$100doesn'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−0.2541%8h138.85−0.122%$60.3M$139.6M20xas long as short
Aster SOXLUSDT0.0000%8h138.64−0.270%$204K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.72−0.218%$35K$314K10xas long as short
Binance SOXLUSDT0.0000%8h138.79−0.165%$163.7M$1.46B50xas long as short
Bybit SOXLUSDT0.0000%8h138.82−0.144%$46.0M$230.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.80−0.158%$26.4M$226.5M20xas long as short
Gate SOXL_USDT0.0000%8h138.77−0.180%$28.3M$49.7M50xas long as short
MEXC SOXL_USDT0.0000%8h138.77−0.180%$16.7M$55.4M200xas long as short
Variational Omni SOXL0.0000%8h138.93−0.064%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.56−0.327%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.94−0.058%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h138.76−0.187%$108K$364K10xas long as short
HTX SOXL-USDT0.0000%8h138.95−0.050%$86K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.75−0.194%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0023%8h138.78−0.173%$1.3M$466K50xas long as short
Lighter SOXL+0.0032%1h138.71−0.223%$686K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h138.70−0.230%$267K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h138.89−0.094%$257K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.66−0.259%$21.3M$30.2M10xas long as short
Ondo Perps SOXL-USD.Pshort+0.0050%1h138.59−0.309%$211K$480K10x
KuCoin SOXLUSDTM+0.0100%8h138.70−0.230%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.52−0.360%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.75−0.194%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.74−0.201%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.50−0.374%$947K$3.2M10xas long as short
edgeX SOXLUSDC+0.0271%4h138.58−0.314%$173K$330K10xas long as short
Polymarket Perps SOXL-USDlong+0.0279%1h139.02long leg$9K$292K10x
Kraken Futures PF_SOXLUSD+0.0433%1h138.72−0.218%$81K$299K20xas long as short