Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0314%/8h= +34.4% APRnext payment +$0.39 per $10,000 · paid last 24h +0.040%
Price spread now: Kraken Futures against ApeX Omni−0.270%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.300%−$30 on $10k
Price spread, last 3 days (all we have)+0.242%+$24 · spread now −0.270%, 7d avg −0.046%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.224% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.270% now, against its 7-day average of −0.046%). If the spread goes back, that is −$22 on $10k: about 2.4 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.300%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT145.140.0100pay 0.0013% / 1h13m 12s$38K$142K50x
ShortKraken Futures PF_SOXLUSD144.750.0414get 0.0052% / 1h13m 12s$88K$304K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$66.04
Price spread: −0.270% → −0.046%
−$22.38
Slippage, 4 orders
−$117.62
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$93.96
Costs to cover
1.376%
Break-even
17.0 days
Slippage from ApeX Omni: live order book, 53 min ago; Kraken Futures: live order book, 54 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, 53 min ago26.89 bp38.3 bp −$38194.6 bp −$1,946doesn't fitdoesn't fit
Sell Kraken Futures live order book, 54 min ago4.43 bp37.8 bp −$38doesn't fitdoesn't fitdoesn't fit

SOXL on 27 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
Aster SOXLUSDT0.0000%8h144.99−0.102%$244K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.76−0.262%$51.6M$186.2M100xas long as short
Gate SOXL_USDT0.0000%8h144.81−0.227%$27.1M$42.1M50xas long as short
Bitget SOXLUSDT0.0000%8h144.73−0.282%$60.1M$112.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.12−0.017%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h144.71−0.296%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.67−0.324%$117K$280K10xas long as short
HTX SOXL-USDT0.0000%8h144.71−0.296%$183K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h144.72−0.289%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.01−0.090%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h144.72−0.289%$809K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.74−0.276%$356K$1.8M20xas long as short
OKX SOXL-USDT-SWAP+0.0037%8h144.73−0.282%$24.5M$192.2M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.71−0.296%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.09−0.034%$207K$642K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.89−0.172%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h145.14long leg$38K$142K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.84−0.207%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.87−0.185%$6K10xas long as short
Polymarket Perps SOXL-USD+0.0125%1h144.87−0.186%$3K$269K10xas long as short
Variational Omni SOXL+0.0127%8h145.07−0.049%$2.4M$4.9Mas long as short
Binance SOXLUSDT+0.0159%8h144.71−0.296%$169.1M$1.24B50xas long as short
Extended SOXL-USD+0.0160%1h144.77−0.254%$25K$241K10xas long as short
MEXC SOXL_USDT+0.0163%8h144.70−0.303%$16.8M$48.9M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.64+0.344%$806K$2.5M10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0414%1h144.75−0.270%$88K$304K20x
edgeX SOXLUSDC+0.0711%4h145.04−0.068%$181K$325K10xas long as short