Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.025%

Price spread now: ApeX Omni against Binance−0.161%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$900.898% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 4 days (all we have)−0.710%−$71 · spread now −0.161%, 7d avg −0.053%

Together, before fees−0.780%−$78 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.108% cheaper against Binance than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of −0.053%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SOXLUSDT	140.47	0	get 0.0000% / 8h	2h 09m	$166.5M	$1.43B	50x
Short	ApeX Omni SOXLUSDT	140.24	0.0100	get 0.0013% / 1h	9m 22s	$36K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.161%Rate

Funding earned: $21
Price spread: −0.161% → −0.053%: −$10.77
Slippage, 4 orders: −$69.79
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$79.55
Costs to cover: 0.898%
Break-even: 33.5 days

Slippage from Binance: live order book, 5 min ago; ApeX Omni: live order book, 36 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 Binance live order book, 5 min ago	0.36 bp	5.6 bp −$6	6.6 bp −$66	15.2 bp −$1,523	87.5 bp −$43.8K
Sell ApeX Omni live order book, 36 min ago	25.25 bp	40.6 bp −$41	206.7 bp −$2,067	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
Bitget SOXLUSDT	−0.2288%	8h	140.43	−0.026%	$60.5M	$135.6M	20x	as long as short
BloFin SOXL-USDT	−0.0010%	8h	140.36	−0.076%	$1.3M	$471K	50x	as long as short
Aster SOXLUSDT	0.0000%	8h	140.47	+0.004%	$200K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	140.35	−0.084%	$33K	$311K	10x	as long as short
Binance SOXLUSDTlong	0.0000%	8h	140.47	long leg	$166.5M	$1.43B	50x
Bybit SOXLUSDT	0.0000%	8h	140.47	+0.003%	$47.1M	$225.1M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	140.47	+0.003%	$26.6M	$223.3M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	140.46	−0.005%	$28.1M	$48.9M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	140.46	−0.005%	$16.9M	$54.5M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	140.25	−0.154%	$1.9M	$5.4M	—	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	140.30	−0.118%	$64K	$202K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	140.34	−0.090%	$2K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	140.34	−0.090%	$109K	$339K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	140.64	+0.124%	$92K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	140.34	−0.090%	$2.3M	$1.2M	10x	as long as short
Lighter RH SOXL	+0.0032%	1h	140.51	+0.031%	$271K	$1.7M	20x	as long as short
Lighter SOXL	+0.0040%	1h	140.54	+0.052%	$695K	$2.3M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	140.37	−0.069%	$22.3M	$29.2M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	140.27	−0.140%	$219K	$508K	10x	as long as short
QFEX SOXL-USD	+0.0053%	1h	140.54	+0.052%	$260K	$266K	30x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	140.47	+0.003%	$6.7M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDTshort	+0.0100%	1h	140.24	−0.161%	$36K	$141K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	140.46	−0.005%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	140.51	+0.029%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0184%	1h	140.43	−0.026%	$971K	$3.2M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0473%	1h	140.59	+0.088%	$8K	$290K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0652%	1h	140.23	−0.171%	$83K	$296K	20x	as long as short
edgeX SOXLUSDC	+0.0682%	4h	140.28	−0.135%	$175K	$329K	10x	as long as short