Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.010%

Price spread now: Bitget against ApeX Omni−0.055%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$940.938% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.390%+$39 on $10k

Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.055%, 7d avg +0.004%

Together, before fees+0.575%+$58 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.059% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.390%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOXLUSDT	145.26	0.0100	pay 0.0013% / 1h	9m 08s	$38K	$143K	50x
Short	Bitget SOXLUSDT	145.18	0	get 0.0000% / 8h	4h 09m	$60.1M	$113.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$21
Price spread: −0.055% → +0.004%: −$5.87
Slippage, 4 orders: −$71.78
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$120.65
Costs to cover: 0.938%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 47 min ago; Bitget: live order book, 5 min ago.

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 ApeX Omni live order book, 47 min ago	23.29 bp	44.7 bp −$45	196.7 bp −$1,967	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.69 bp	7.3 bp −$7	10.3 bp −$103	24.4 bp −$2,439	43.9 bp −$21.9K

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	145.29	+0.017%	$88K	$304K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	145.18	−0.054%	$233K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	145.14	−0.083%	$29K	$241K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	145.19	−0.051%	$169.5M	$1.25B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	145.21	−0.034%	$50.8M	$189.1M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	145.20	−0.041%	$24.6M	$197.3M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.19	−0.048%	$27.2M	$43.3M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	145.18	−0.055%	$15.1M	$49.7M	200x	as long as short
Bitget SOXLUSDTshort	0.0000%	8h	145.18	−0.055%	$60.1M	$113.1M	20x
Variational Omni SOXL	0.0000%	8h	145.08	−0.125%	$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	145.26	0.000%	$71K	$177K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.18	−0.055%	$1K	$4.3M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	145.28	+0.014%	$183K	$569K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.20	−0.041%	$2.4M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.20	−0.041%	$268K	$266K	30x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0026%	1h	145.19	−0.048%	$114K	$291K	10x	as long as short
BloFin SOXL-USDT	+0.0029%	8h	145.21	−0.034%	$1.2M	$476K	50x	as long as short
Lighter SOXL	+0.0032%	1h	145.17	−0.062%	$728K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.15	−0.076%	$276K	$1.9M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	145.17	−0.062%	$25.5M	$22.8M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.82	−0.303%	$207K	$488K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.18	−0.055%	$6.9M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDTlong	+0.0100%	1h	145.26	long leg	$38K	$143K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.16	−0.069%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.15	−0.078%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0152%	1h	145.22	−0.028%	$903K	$2.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0160%	1h	145.32	+0.041%	$3K	$268K	10x	as long as short
edgeX SOXLUSDC	+0.0262%	4h	145.12	−0.096%	$181K	$327K	10x	as long as short