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−0.0041%/8h= −4.5% APRpaid last 24h −0.001%
Price spread now: BloFin against tradeXYZ+0.014%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$18 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.014%, 7d avg +0.075%
Together, before fees+0.099%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.061% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.075%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.175%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SOXL141.960.0050pay 0.0006% / 1h39m 10s$24.9M$22.9M10x
ShortBloFin SOXL-USDT141.980.0009get 0.0009% / 8h3h 39m$1.2M$467K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
−$8.54
Price spread: +0.014% → +0.075%
−$6.12
Slippage, 4 orders
−$5.88
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.54
Costs to cover
0.359%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; BloFin: 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 tradeXYZ live order book, 10 min ago0.35 bp10.0 bp −$1013.9 bp −$139doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.35 bp6.3 bp −$66.5 bp −$6514.2 bp −$1,42229.3 bp −$14.7K

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%8h141.91−0.037%$228K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h141.82−0.098%$31K$270K10xas long as short
Binance SOXLUSDT0.0000%8h142.03+0.050%$165.0M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h142.04+0.056%$47.0M$197.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h142.04+0.056%$24.0M$198.2M20xas long as short
Gate SOXL_USDT0.0000%8h142.04+0.056%$26.2M$44.0M50xas long as short
MEXC SOXL_USDT0.0000%8h142.06+0.070%$14.1M$49.9M200xas long as short
Bitget SOXLUSDT0.0000%8h142.02+0.042%$58.7M$116.2M20xas long as short
Variational Omni SOXL0.0000%8h142.84+0.620%$2.2M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.70+0.522%$67K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h142.06+0.070%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h142.00+0.028%$177K$577K50xas long as short
Phemex SOXLUSDT0.0000%8h142.21+0.176%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h142.08+0.085%$262K$266K30xas long as short
BloFin SOXL-USDTshort+0.0009%8h141.98+0.014%$1.2M$467K50x
Lighter SOXL+0.0032%1h141.960.000%$700K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h141.93−0.021%$267K$1.9M20xas long as short
tradeXYZ xyz:SOXLlong+0.0050%1h141.96long leg$24.9M$22.9M10x
Kraken Futures PF_SOXLUSD+0.0050%1h141.97+0.011%$86K$287K20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.09+0.796%$200K$487K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h142.00+0.028%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h143.38+1.000%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.81−0.106%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h141.84−0.083%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h142.11+0.106%$775K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0192%1h142.02+0.042%$3K$268K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0314%1h141.85−0.077%$110K$316K10xas long as short
edgeX SOXLUSDC+0.0548%4h142.90+0.662%$178K$328K10xas long as short