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+0.0388%/8h= +42.5% APRnext payment +$0.49 per $10,000 · paid last 24h +0.055%
Price spread now: Kraken Futures against QFEX+0.107%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$800.798% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.410%−$41 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.107%, 7d avg −0.064%
Together, before fees−0.565%−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.171% dearer against QFEX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 4 days funding on this pair cost −0.410%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD138.380.0046pay 0.0006% / 1h52m 59s$256K$266K30x
ShortKraken Futures PF_SOXLUSD138.530.0434get 0.0054% / 1h52m 59s$83K$297K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$81.54
Price spread: +0.107% → −0.064%
$17.08
Slippage, 4 orders
−$59.78
Fee QFEX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$18.84
Costs to cover
0.798%
Break-even
5.4 days
Slippage from QFEX: live order book, 32 min ago; Kraken Futures: live order book, 55 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, 32 min ago1.81 bp6.8 bp −$78.1 bp −$81doesn't fitdoesn't fit
Sell Kraken Futures live order book, 55 min ago4.98 bp29.4 bp −$29doesn't fitdoesn'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−0.2226%8h138.64+0.188%$59.9M$138.2M20xas long as short
Aster SOXLUSDT0.0000%8h138.56+0.129%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.51+0.096%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.62+0.173%$163.5M$1.45B50xas long as short
Bybit SOXLUSDT0.0000%8h138.58+0.145%$46.3M$228.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.55+0.123%$26.3M$224.3M20xas long as short
Gate SOXL_USDT0.0000%8h138.53+0.108%$28.0M$49.1M50xas long as short
MEXC SOXL_USDT0.0000%8h138.50+0.087%$17.1M$54.9M200xas long as short
Variational Omni SOXL0.0000%8h138.92+0.391%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.55+0.122%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.54+0.116%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.59+0.152%$92K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.50+0.087%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0002%8h138.56+0.130%$1.3M$466K50xas long as short
Lighter SOXL+0.0032%1h138.48+0.072%$684K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.43+0.036%$268K$1.7M20xas long as short
QFEX SOXL-USDlong+0.0046%1h138.38long leg$256K$266K30x
tradeXYZ xyz:SOXL+0.0050%1h138.45+0.051%$21.4M$29.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.22+0.607%$211K$510K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.48+0.072%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.02+0.462%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.44+0.043%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.45+0.048%$5K10xas long as short
edgeX SOXLUSDC+0.0166%4h138.68+0.214%$173K$330K10xas long as short
Polymarket Perps SOXL-USD+0.0194%1h138.55+0.123%$8K$291K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.59+0.152%$945K$3.2M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0328%1h138.51+0.094%$118K$352K10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0434%1h138.53+0.107%$83K$297K20x