Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.012%

Price spread now: Orderly against tradeXYZ−0.041%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.041% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SOXL	145.06	0.0050	pay 0.0006% / 1h	11m 42s	$25.5M	$22.8M	10x
Short	Orderly PERP_SOXL_USDC_mythos	145.00	0.0100	get 0.0100% / 8h	4h 11m	$1K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee tradeXYZbpFee OrderlybpOrdersPrice spread, now −0.041%Rate

Funding earned: $10.5
Price spread: −0.041% → 0.000%: −$4.14
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$17.64
Costs to cover: 0.240%
Break-even: 18.8 days

Slippage unknown: tradeXYZ: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 6 min ago	1.03 bp	10.6 bp −$11	14.9 bp −$149	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOXLUSD	−0.0116%	1h	145.09	+0.023%	$88K	$304K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	145.07	+0.008%	$232K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	145.08	+0.016%	$29K	$241K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	145.11	+0.034%	$169.4M	$1.25B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	145.08	+0.014%	$50.6M	$188.6M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	145.08	+0.014%	$24.5M	$197.0M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.09	+0.021%	$27.2M	$43.2M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	145.09	+0.021%	$15.0M	$49.7M	200x	as long as short
Bitget SOXLUSDT	0.0000%	8h	145.12	+0.041%	$60.1M	$113.1M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	145.07	+0.007%	$2.4M	$4.7M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	144.97	−0.062%	$71K	$177K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.01	−0.034%	$1K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	144.99	−0.048%	$114K	$290K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.99	−0.048%	$183K	$569K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.02	−0.028%	$2.4M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.07	+0.007%	$268K	$266K	30x	as long as short
BloFin SOXL-USDT	+0.0023%	8h	144.97	−0.062%	$1.2M	$476K	50x	as long as short
Lighter SOXL	+0.0032%	1h	145.09	+0.021%	$728K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.06	0.000%	$275K	$1.9M	20x	as long as short
tradeXYZ xyz:SOXLlong	+0.0050%	1h	145.06	long leg	$25.5M	$22.8M	10x
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.82	−0.165%	$207K	$488K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.09	+0.021%	$6.9M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.99	−0.048%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythosshort	+0.0100%	8h	145.00	−0.041%	$1K	$5K	20x
edgeX SOXLUSDC	+0.0101%	4h	144.95	−0.077%	$181K	$329K	10x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.00	−0.043%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0152%	1h	144.92	−0.097%	$901K	$2.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0161%	1h	145.14	+0.055%	$3K	$269K	10x	as long as short