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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0243%/8h= +26.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.053%
Price spread now: Polymarket Perps against QFEX+0.117%54s7-day average +0.017% · 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−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.148%+$15 on $10k
Price spread, last 4 days (all we have)+0.343%+$34 · spread now +0.117%, 7d avg +0.017%
Together, before fees+0.491%+$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Polymarket Perps is 0.100% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.250.0004pay 0.0001% / 1h29m 38s$268K$271K30x
ShortPolymarket Perps SOXL-USD145.420.0248get 0.0031% / 1h29m 38s$3K$269K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$51.06
Price spread: +0.117% → +0.017%
$10.04
Slippage, 4 orders
−$11.07
Fee QFEX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$32.03
Costs to cover
0.291%
Break-even
2.6 days
Slippage from QFEX: live order book, 10 min ago; Polymarket Perps: live order book, 32 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 Polymarket Perps live order book, 32 min ago3.10 bp8.2 bp −$89.5 bp −$95doesn'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%8h145.28+0.017%$245K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.35+0.069%$52.1M$184.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.28+0.021%$24.8M$192.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.27+0.014%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h145.250.000%$60.3M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.53+0.193%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.34+0.062%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.47+0.151%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.29+0.028%$2.5M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0004%1h145.25long leg$268K$271K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.21−0.025%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.22−0.021%$812K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.27+0.014%$359K$1.7M20xas long as short
Variational Omni SOXL+0.0050%8h145.40+0.100%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.21−0.028%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.21−0.028%$207K$597K10xas long as short
Binance SOXLUSDT+0.0086%8h145.28+0.021%$169.4M$1.23B50xas long as short
Extended SOXL-USD+0.0088%1h145.24−0.004%$24K$244K10xas long as short
MEXC SOXL_USDT+0.0088%8h145.26+0.007%$15.3M$49.0M200xas long as short
BloFin SOXL-USDT+0.0097%8h145.41+0.110%$1.2M$480K50xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.29+0.028%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.49+0.165%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.29+0.028%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.28+0.019%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.23−0.014%$817K$2.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0163%1h145.30+0.034%$116K$277K10xas long as short
Polymarket Perps SOXL-USDshort+0.0248%1h145.42+0.117%$3K$269K10x
edgeX SOXLUSDC+0.0707%4h145.44+0.133%$181K$326K10xas long as short