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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0156%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.032%
Price spread now: Coinbase International against QFEX−0.048%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.307% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.092%+$9 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.048%, 7d avg +0.012%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.060% cheaper against QFEX than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.012%). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.300.0004pay 0.0001% / 1h30m 00s$269K$271K30x
ShortCoinbase International SOXL-PERP-INTX145.230.0160get 0.0020% / 1h30m 00s$817K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$32.66
Price spread: −0.048% → +0.012%
−$5.98
Slippage, 4 orders
−$10.67
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$4
Costs to cover
0.307%
Break-even
7.9 days
Slippage from QFEX: live order book, 10 min ago; Coinbase International: live order book, 4 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, 10 min ago1.38 bp6.7 bp −$79.5 bp −$95doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago3.78 bp8.8 bp −$913.4 bp −$134doesn'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%8h145.27−0.021%$245K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.26−0.028%$52.1M$184.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.23−0.048%$24.8M$192.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.27−0.021%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h145.25−0.034%$60.3M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.49+0.128%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.34+0.028%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.47+0.117%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.29−0.007%$2.5M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0004%1h145.30long leg$269K$271K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.21−0.060%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.24−0.041%$812K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.300.000%$359K$1.7M20xas long as short
Variational Omni SOXL+0.0050%8h145.40+0.066%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.20−0.069%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.44+0.096%$207K$598K10xas long as short
Extended SOXL-USD+0.0088%1h145.19−0.076%$24K$244K10xas long as short
Binance SOXLUSDT+0.0088%8h145.22−0.055%$169.3M$1.23B50xas long as short
MEXC SOXL_USDT+0.0089%8h145.22−0.055%$15.3M$49.0M200xas long as short
BloFin SOXL-USDT+0.0097%8h145.41+0.076%$1.2M$480K50xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.27−0.021%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.34+0.028%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.29−0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.28−0.015%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0160%1h145.23−0.048%$817K$2.4M10x
Deribit SOXL_USDC-PERPETUAL+0.0163%1h145.300.000%$116K$277K10xas long as short
Polymarket Perps SOXL-USD+0.0248%1h145.42+0.083%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0707%4h145.44+0.099%$181K$326K10xas long as short