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+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.017%
Price spread now: Coinbase International against tradeXYZ+0.128%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.289%+$29 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.128%, 7d avg +0.037%
Together, before fees+0.121%+ Points / potential airdroptradeXYZ: Active · farm board+$12 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 Coinbase International is 0.091% dearer against tradeXYZ than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SOXL140.600.0114pay 0.0014% / 1h45m 43s$25.1M$24.1M10x
ShortCoinbase International SOXL-PERP-INTX140.780.0184get 0.0023% / 1h45m 43s$894K$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$14.74
Price spread: +0.128% → +0.037%
$9.13
Slippage, 4 orders
−$10.91
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$15.04
Costs to cover
0.389%
Break-even
14.1 days
Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: 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, 4 min ago1.07 bp10.6 bp −$1112.4 bp −$124doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago2.84 bp8.3 bp −$811.9 bp −$119doesn'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%8h140.69+0.064%$60.5M$128.4M20xas long as short
BloFin SOXL-USDT−0.0009%8h140.44−0.114%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.58−0.014%$206K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.43−0.122%$33K$312K10xas long as short
Binance SOXLUSDT0.0000%8h140.63+0.021%$164.9M$1.36B50xas long as short
Bybit SOXLUSDT0.0000%8h140.63+0.021%$46.6M$216.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.64+0.028%$25.6M$210.6M20xas long as short
Gate SOXL_USDT0.0000%8h140.50−0.071%$25.9M$46.3M50xas long as short
MEXC SOXL_USDT0.0000%8h140.51−0.064%$16.7M$52.4M200xas long as short
Variational Omni SOXL0.0000%8h140.39−0.149%$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+0.505%$67K$196K10xas long as short
SunX SOXL-USDT0.0000%8h140.33−0.192%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h139.82−0.555%$101K$1.1M50xas long as short
Phemex SOXLUSDT0.0000%8h140.31−0.206%$2.4M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h140.58−0.014%$264K$1.7M20xas long as short
Lighter SOXL+0.0048%1h140.59−0.007%$695K$2.3M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.600.000%$207K$500K10xas long as short
QFEX SOXL-USD+0.0053%1h140.50−0.071%$259K$266K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.50−0.071%$6.7M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.27+0.477%$37K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.36−0.171%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.40−0.142%$5K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0106%1h140.37−0.164%$109K$333K10xas long as short
tradeXYZ xyz:SOXLlong+0.0114%1h140.60long leg$25.1M$24.1M10x
edgeX SOXLUSDC+0.0169%4h140.93+0.234%$176K$330K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0184%1h140.78+0.128%$894K$2.9M10x
Polymarket Perps SOXL-USD+0.0483%1h140.54−0.043%$3K$269K10xas long as short
Kraken Futures PF_SOXLUSD+0.0651%1h140.44−0.113%$85K$296K20xas long as short