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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX+0.051%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.051%, 7d avg −0.003%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.054% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT138.020get 0.0000% / 8h1h 45m$1K$4.3M10x
ShortPhemex SOXLUSDT138.090get 0.0000% / 8h1h 45m$2.3M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.051% → −0.003%
$5.35
Slippage, 4 orders
−$139.98
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$154.63
Costs to cover
1.600%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; Phemex: live order book, 3 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, 3 min ago28.56 bp32.6 bp −$3361.9 bp −$619doesn't fitdoesn't fit
Sell Phemex live order book, 3 min ago1.45 bp46.2 bp −$46doesn'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−0.2358%8h138.23+0.152%$59.7M$138.4M20xas long as short
BloFin SOXL-USDT−0.0027%8h138.09+0.051%$1.3M$464K50xas long as short
Aster SOXLUSDT0.0000%8h138.09+0.051%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.14+0.084%$32K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.11+0.065%$163.2M$1.45B50xas long as short
Bybit SOXLUSDT0.0000%8h138.20+0.130%$46.1M$229.1M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.17+0.109%$26.3M$224.6M20xas long as short
Gate SOXL_USDT0.0000%8h138.16+0.101%$27.9M$49.2M50xas long as short
MEXC SOXL_USDT0.0000%8h138.10+0.058%$16.6M$55.0M200xas long as short
Variational Omni SOXL0.0000%8h138.04+0.015%$1.9M$5.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.14+0.087%$64K$203K10xas long as short
SunX SOXL-USDTlong0.0000%8h138.02long leg$1K$4.3M10x
HTX SOXL-USDT0.0000%8h138.00−0.014%$86K$1.3M50xas long as short
Phemex SOXLUSDTshort0.0000%8h138.09+0.051%$2.3M$1.2M10x
Lighter SOXL+0.0032%1h138.12+0.072%$682K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.06+0.029%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h137.89−0.094%$255K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.04+0.014%$21.3M$29.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.61+0.427%$210K$494K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h137.98−0.029%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.17+0.109%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.12+0.072%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.13+0.079%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.84+0.594%$947K$3.2M10xas long as short
Polymarket Perps SOXL-USD+0.0255%1h138.24+0.159%$8K$292K10xas long as short
Kraken Futures PF_SOXLUSD+0.0435%1h138.16+0.102%$83K$296K20xas long as short
edgeX SOXLUSDC+0.0540%4h138.19+0.123%$172K$331K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0619%1h138.15+0.094%$118K$352K10xas long as short