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−0.0021%/8h= −2.3% APRpaid last 24h +0.005%
Price spread now: Bybit against QFEX0.000%53s7-day average +0.035% · 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−$250.252% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.216%+$22 on $10k
Price spread, last 4 days (all we have)+0.286%+$29 · spread now 0.000%, 7d avg +0.035%
Together, before fees+0.502%+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.035% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.035%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.216%, so the current rate has only just turned against you. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.150.0021pay 0.0003% / 1h18m 50s$268K$266K30x
ShortBybit SOXLUSDT145.150get 0.0000% / 8h4h 18m$51.2M$187.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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
−$4.47
Price spread: 0.000% → +0.035%
−$3.46
Slippage, 4 orders
−$4.17
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$33.1
Costs to cover
0.252%
Break-even
never at this rate
Slippage from QFEX: live order book, 16 min ago; Bybit: live order book, 5 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 QFEX live order book, 16 min ago1.03 bp6.3 bp −$68.8 bp −$88doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.34 bp6.5 bp −$69.1 bp −$9143.6 bp −$4,361doesn'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−0.0116%1h145.22+0.048%$88K$304K20xas long as short
BloFin SOXL-USDT−0.0023%8h145.27+0.083%$1.2M$477K50xas long as short
Aster SOXLUSDT0.0000%8h145.20+0.036%$232K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.16+0.005%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.14−0.007%$169.8M$1.25B50xas long as short
Bybit SOXLUSDTshort0.0000%8h145.150.000%$51.2M$187.8M100x
OKX SOXL-USDT-SWAP0.0000%8h145.08−0.048%$24.6M$196.6M20xas long as short
Gate SOXL_USDT0.0000%8h145.18+0.021%$27.2M$43.2M50xas long as short
MEXC SOXL_USDT0.0000%8h145.18+0.021%$15.1M$49.5M200xas long as short
Bitget SOXLUSDT0.0000%8h145.19+0.028%$60.2M$113.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL0.0000%8h145.50+0.240%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.64+0.338%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.30+0.103%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.30+0.103%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.25+0.069%$2.4M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0021%1h145.15long leg$268K$266K30x
Lighter SOXL+0.0032%1h145.14−0.007%$728K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.07−0.055%$275K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.08−0.048%$25.5M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.41+0.179%$207K$490K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0094%1h145.23+0.055%$114K$289K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.24+0.062%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.37+0.152%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.23+0.055%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.22+0.048%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.27+0.083%$904K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0167%1h145.36+0.145%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0979%4h145.47+0.221%$181K$327K10xas long as short