Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0525%/8h= +57.5% APRpaid last 24h +0.161%

Price spread now: edgeX against ApeX Omni−0.033%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1321.316% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.368%+$37 on $10k

Price spread, last 4 days (all we have)+0.319%+$32 · spread now −0.033%, 7d avg +0.023%

Together, before fees+0.687%+ Points / potential airdropedgeX: Active · farm board+$69 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.056% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.023%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.368% in total) that is about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOXLUSDT	145.76	0.0100	pay 0.0013% / 1h	34m 55s	$38K	$143K	50x
Short	edgeX SOXLUSDC	145.71	0.0625	get 0.0312% / 4h	34m 55s	$182K	$327K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $110.21
Price spread: −0.033% → +0.023%: −$5.62
Slippage, 4 orders: −$112.56
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$26.97
Costs to cover: 1.316%
Break-even: 8.7 days

Slippage from ApeX Omni: live order book, 21 min ago; edgeX: live order book, 23 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, 21 min ago	23.29 bp	44.7 bp −$45	196.7 bp −$1,967	doesn't fit	doesn't fit
Sell edgeX live order book, 23 min ago	20.90 bp	26.2 bp −$26	38.2 bp −$382	doesn't fit	doesn't fit

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	145.70	−0.044%	$88K	$304K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	145.73	−0.021%	$233K	$1.6M	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	145.70	−0.041%	$52.2M	$186.3M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	145.65	−0.075%	$24.7M	$197.0M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.70	−0.041%	$27.4M	$43.0M	50x	as long as short
Variational Omni SOXL	0.0000%	8h	145.73	−0.021%	$2.4M	$4.7M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	145.74	−0.014%	$70K	$176K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.69	−0.048%	$2K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	145.70	−0.041%	$115K	$286K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	145.76	0.000%	$184K	$569K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SOXLUSDT	0.0000%	8h	145.71	−0.034%	$2.5M	$1.2M	10x	as long as short
Bitget SOXLUSDT	+0.0004%	8h	145.69	−0.048%	$60.4M	$112.9M	20x	as long as short
BloFin SOXL-USDT	+0.0010%	8h	145.74	−0.014%	$1.2M	$479K	50x	as long as short
Binance SOXLUSDT	+0.0014%	8h	145.69	−0.045%	$170.9M	$1.24B	50x	as long as short
Extended SOXL-USD	+0.0016%	1h	145.66	−0.070%	$24K	$244K	10x	as long as short
MEXC SOXL_USDT	+0.0016%	8h	145.67	−0.062%	$15.2M	$49.0M	200x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.69	−0.048%	$269K	$266K	30x	as long as short
Lighter SOXL	+0.0032%	1h	145.69	−0.048%	$730K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.65	−0.075%	$277K	$1.9M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	145.69	−0.048%	$25.6M	$22.9M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	145.57	−0.130%	$208K	$490K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.72	−0.027%	$7.0M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDTlong	+0.0100%	1h	145.76	long leg	$38K	$143K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.71	−0.034%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.69	−0.050%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0152%	1h	145.70	−0.041%	$907K	$2.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0160%	1h	145.81	+0.034%	$3K	$269K	10x	as long as short
edgeX SOXLUSDCshort	+0.0625%	4h	145.71	−0.033%	$182K	$327K	10x