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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.061%
Price spread now: SunX against Polymarket Perps−0.142%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$800.805% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.285%−$29 on $10k
Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.142%, 7d avg +0.031%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.173% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD140.560.0364pay 0.0046% / 1h19m 10s$3K$268K10x
ShortSunX SOXL-USDT140.360get 0.0000% / 8h3h 19m$1K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$76.49
Price spread: −0.142% → +0.031%
−$17.34
Slippage, 4 orders
−$64.48
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$174.31
Costs to cover
0.805%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 33 min ago; SunX: live order book, 9 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, 33 min ago3.48 bp7.5 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago28.42 bp32.4 bp −$3262.2 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
Bitget SOXLUSDT−0.0878%8h140.51−0.036%$58.6M$121.0M20xas long as short
BloFin SOXL-USDT−0.0026%8h140.41−0.107%$1.2M$470K50xas long as short
Aster SOXLUSDT0.0000%8h140.38−0.130%$212K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h140.36−0.140%$33K$255K10xas long as short
Binance SOXLUSDT0.0000%8h140.45−0.075%$163.8M$1.31B50xas long as short
Bybit SOXLUSDT0.0000%8h140.43−0.092%$47.5M$206.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.50−0.043%$24.6M$202.3M20xas long as short
Gate SOXL_USDT0.0000%8h140.37−0.135%$26.0M$45.0M50xas long as short
MEXC SOXL_USDT0.0000%8h140.46−0.071%$14.7M$51.0M200xas long as short
Variational Omni SOXL0.0000%8h141.16+0.427%$2.2M$4.9Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h141.05+0.345%$67K$184K10xas long as short
SunX SOXL-USDTshort0.0000%8h140.36−0.142%$1K$4.3M10x
HTX SOXL-USDT0.0000%8h140.46−0.071%$134K$813K50xas long as short
Phemex SOXLUSDT0.0000%8h140.51−0.036%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h140.47−0.064%$259K$266K30xas long as short
Lighter SOXL+0.0032%1h140.42−0.100%$690K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h140.40−0.114%$261K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h140.33−0.164%$24.8M$23.4M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.75+0.135%$208K$500K10xas long as short
Kraken Futures PF_SOXLUSD+0.0051%1h140.48−0.056%$83K$293K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.42−0.100%$6.7M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.05+0.349%$37K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.30−0.185%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.28−0.202%$5K10xas long as short
edgeX SOXLUSDC+0.0116%4h141.17+0.431%$176K$329K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h140.41−0.107%$874K$2.7M10xas long as short
Polymarket Perps SOXL-USDlong+0.0364%1h140.56long leg$3K$268K10x
Deribit SOXL_USDC-PERPETUAL+0.0606%1h140.37−0.135%$109K$333K10xas long as short