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+0.0051%/8h= +5.6% APRpaid last 24h +0.063%
Price spread now: Kraken Futures against SunX+0.087%7-day average −0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.087%, 7d avg −0.104%
Together, before fees−0.337%−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.191% dearer against SunX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.104%. Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT140.360get 0.0000% / 8h3h 18m$1K$4.3M10x
ShortKraken Futures PF_SOXLUSD140.480.0051get 0.0006% / 1h18m 54s$83K$293K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
$10.66
Price spread: +0.087% → −0.104%
$19.06
Slippage, 4 orders
−$102.05
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$90.33
Costs to cover
1.200%
Break-even
66.3 days
Slippage from SunX: live order book, 9 min ago; Kraken Futures: live order book, 34 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 SunX live order book, 9 min ago28.42 bp32.4 bp −$3261.7 bp −$617doesn't fitdoesn't fit
Sell Kraken Futures live order book, 34 min ago5.21 bp17.1 bp −$17doesn'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−0.0878%8h140.43+0.050%$58.5M$121.0M20xas long as short
BloFin SOXL-USDT−0.0026%8h140.41+0.036%$1.2M$470K50xas long as short
Aster SOXLUSDT0.0000%8h140.34−0.018%$212K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h140.39+0.023%$33K$255K10xas long as short
Binance SOXLUSDT0.0000%8h140.34−0.014%$163.7M$1.31B50xas long as short
Bybit SOXLUSDT0.0000%8h140.35−0.007%$47.5M$206.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.360.000%$24.6M$202.1M20xas long as short
Gate SOXL_USDT0.0000%8h140.39+0.021%$26.0M$45.0M50xas long as short
MEXC SOXL_USDT0.0000%8h140.42+0.043%$15.0M$51.1M200xas long as short
Variational Omni SOXL0.0000%8h141.16+0.570%$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+0.488%$67K$184K10xas long as short
SunX SOXL-USDTlong0.0000%8h140.36long leg$1K$4.3M10x
HTX SOXL-USDT0.0000%8h140.46+0.071%$134K$813K50xas long as short
Phemex SOXLUSDT0.0000%8h140.51+0.107%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h140.47+0.078%$259K$266K30xas long as short
Lighter SOXL+0.0032%1h140.42+0.043%$690K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h140.40+0.028%$261K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h140.28−0.057%$24.8M$23.4M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.75+0.278%$208K$500K10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0051%1h140.48+0.087%$83K$293K20x
KuCoin SOXLUSDTM+0.0100%8h140.50+0.100%$6.7M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.05+0.492%$37K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.30−0.043%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.28−0.060%$5K10xas long as short
edgeX SOXLUSDC+0.0116%4h141.17+0.574%$176K$329K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h140.41+0.036%$874K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0364%1h140.56+0.142%$3K$268K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0606%1h140.37+0.007%$109K$333K10xas long as short