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+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: Coinbase International against ApeX Omni+0.114%75s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$970.966% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.269%+$27 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.114%, 7d avg +0.033%
Together, before fees+0.251%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.081% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.033%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT140.240.0100pay 0.0013% / 1h8m 03s$36K$141K50x
ShortCoinbase International SOXL-PERP-INTX140.400.0184get 0.0023% / 1h8m 03s$966K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$17.64
Price spread: +0.114% → +0.033%
$8.14
Slippage, 4 orders
−$76.58
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$70.8
Costs to cover
0.966%
Break-even
35.1 days
Slippage from ApeX Omni: live order book, 38 min ago; Coinbase International: live order book, 1 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 ApeX Omni live order book, 38 min ago25.25 bp37.9 bp −$38215.5 bp −$2,155doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago3.21 bp8.2 bp −$812.7 bp −$127doesn'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−0.2256%8h140.36+0.086%$60.4M$135.8M20xas long as short
Aster SOXLUSDT0.0000%8h140.28+0.029%$200K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.240.000%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h140.28+0.031%$166.3M$1.43B50xas long as short
Bybit SOXLUSDT0.0000%8h140.33+0.064%$46.9M$225.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.38+0.100%$26.7M$223.4M20xas long as short
Gate SOXL_USDT0.0000%8h140.34+0.071%$28.1M$49.0M50xas long as short
MEXC SOXL_USDT0.0000%8h140.30+0.043%$16.8M$54.6M200xas long as short
Variational Omni SOXL0.0000%8h140.25+0.007%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h140.30+0.043%$64K$202K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h140.27+0.021%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h140.26+0.014%$109K$339K10xas long as short
HTX SOXL-USDT0.0000%8h140.64+0.285%$93K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h140.28+0.029%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0017%8h140.43+0.135%$1.3M$472K50xas long as short
Lighter RH SOXL+0.0032%1h140.28+0.029%$271K$1.7M20xas long as short
Lighter SOXL+0.0040%1h140.29+0.036%$689K$2.3M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h140.26+0.014%$22.2M$29.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.27+0.021%$219K$508K10xas long as short
QFEX SOXL-USD+0.0053%1h140.28+0.029%$259K$266K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.28+0.029%$6.7M$10.7M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h140.24long leg$36K$141K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.27+0.021%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.25+0.010%$5K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0184%1h140.40+0.114%$966K$3.2M10x
Polymarket Perps SOXL-USD+0.0465%1h140.34+0.071%$8K$291K10xas long as short
Kraken Futures PF_SOXLUSD+0.0652%1h140.19−0.037%$83K$296K20xas long as short
edgeX SOXLUSDC+0.0682%4h140.28+0.026%$175K$329K10xas long as short