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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX+0.043%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1651.650% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.344%+$34 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.043%, 7d avg −0.037%
Together, before fees+0.246%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.080% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT140.330get 0.0000% / 8h2h 46m$1K$4.3M10x
ShortKuCoin SOXLUSDTM140.390.0100get 0.0100% / 8h2h 46m$6.7M$10.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.043% → −0.037%
$7.95
Slippage, 4 orders
−$145
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$136.05
Costs to cover
1.650%
Break-even
52.3 days
Slippage from SunX: live order book, 12 min ago; KuCoin: live order book, 7 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, 12 min ago30.84 bp100.5 bp −$101130.0 bp −$1,300doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago0.71 bp11.4 bp −$1149.7 bp −$497doesn'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−0.1617%8h140.54+0.150%$60.5M$128.4M20xas long as short
BloFin SOXL-USDT−0.0009%8h140.44+0.078%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.30−0.024%$206K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.34+0.009%$33K$312K10xas long as short
Binance SOXLUSDT0.0000%8h140.45+0.083%$164.7M$1.36B50xas long as short
Bybit SOXLUSDT0.0000%8h140.32−0.007%$46.5M$216.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.41+0.057%$25.5M$210.2M20xas long as short
Gate SOXL_USDT0.0000%8h140.41+0.057%$25.9M$46.3M50xas long as short
MEXC SOXL_USDT0.0000%8h140.32−0.007%$16.7M$52.3M200xas long as short
Variational Omni SOXL0.0000%8h140.39+0.043%$1.9M$5.3Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h141.31+0.698%$67K$196K10xas long as short
SunX SOXL-USDTlong0.0000%8h140.33long leg$1K$4.3M10x
HTX SOXL-USDT0.0000%8h139.82−0.363%$101K$1.1M50xas long as short
Phemex SOXLUSDT0.0000%8h140.31−0.014%$2.4M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h140.27−0.043%$263K$1.7M20xas long as short
Lighter SOXL+0.0048%1h140.30−0.021%$693K$2.3M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.60+0.192%$207K$500K10xas long as short
QFEX SOXL-USD+0.0053%1h140.50+0.121%$259K$266K30xas long as short
KuCoin SOXLUSDTMshort+0.0100%8h140.39+0.043%$6.7M$10.5M20x
ApeX Omni SOXLUSDT+0.0100%1h141.27+0.670%$37K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.36+0.021%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.40+0.050%$5K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0106%1h140.37+0.029%$109K$333K10xas long as short
tradeXYZ xyz:SOXL+0.0113%1h140.36+0.021%$25.0M$24.1M10xas long as short
edgeX SOXLUSDC+0.0169%4h140.93+0.427%$176K$330K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h140.78+0.321%$894K$2.9M10xas long as short
Polymarket Perps SOXL-USD+0.0483%1h140.54+0.150%$3K$269K10xas long as short
Kraken Futures PF_SOXLUSD+0.0651%1h140.44+0.079%$85K$296K20xas long as short