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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.3330%/8h= +364.6% APRpaid last 24h +0.006%
Price spread now: Deribit against Bitget−0.058%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.058%, 7d avg +0.023%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.081% cheaper against Bitget than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.023%). If the spread goes back, that is −$8 on $10k: about 2 hours of funding at the current rate (+$100 a day). Mind the row above: over the last 4 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.054% in total (about -5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXLUSDT138.46−0.2350get 0.2350% / 8h2h 25m$59.2M$133.4M20x
ShortDeribit SOXL_USDC-PERPETUAL138.380.0980get 0.0123% / 1h25m 16s$108K$337K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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
$699.31
Price spread: −0.058% → +0.023%
−$8.12
Slippage, 4 orders
−$16.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$655.77
Costs to cover
0.354%
Break-even
0.4 days
Slippage from Bitget: live order book, 4 min ago; Deribit: live order book, 23 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 Bitget live order book, 4 min ago0.72 bp7.8 bp −$812.4 bp −$12440.9 bp −$4,092doesn't fit
Sell Deribit live order book, 23 min ago3.90 bp7.4 bp −$711.0 bp −$110doesn'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 SOXLUSDTlong−0.2350%8h138.46long leg$59.2M$133.4M20x
Aster SOXLUSDT0.0000%8h138.15−0.224%$202K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.31−0.112%$32K$314K10xas long as short
Binance SOXLUSDT0.0000%8h138.17−0.209%$164.4M$1.40B50xas long as short
Bybit SOXLUSDT0.0000%8h138.13−0.238%$46.4M$222.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.11−0.253%$26.5M$215.0M20xas long as short
Gate SOXL_USDT0.0000%8h138.30−0.116%$27.8M$48.3M50xas long as short
MEXC SOXL_USDT0.0000%8h138.16−0.217%$15.5M$53.3M200xas long as short
Variational Omni SOXL0.0000%8h138.14−0.230%$1.9M$5.3Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.40−0.043%$66K$199K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.36−0.072%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.460.000%$90K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h138.24−0.159%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0007%8h138.36−0.072%$1.3M$465K50xas long as short
Lighter RH SOXL+0.0032%1h138.27−0.137%$264K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.19−0.195%$22.4M$28.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.38−0.058%$203K$488K10xas long as short
QFEX SOXL-USD+0.0053%1h138.28−0.130%$256K$266K30xas long as short
Lighter SOXL+0.0056%1h138.25−0.152%$675K$2.3M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.36−0.072%$6.6M$10.6M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h137.94−0.376%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.19−0.195%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.22−0.173%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h138.49+0.022%$959K$3.1M10xas long as short
edgeX SOXLUSDC+0.0301%4h137.86−0.431%$172K$328K10xas long as short
Polymarket Perps SOXL-USD+0.0488%1h138.49+0.022%$7K$288K10xas long as short
Kraken Futures PF_SOXLUSD+0.0661%1h138.33−0.097%$83K$295K20xas long as short
Deribit SOXL_USDC-PERPETUALshort+0.0980%1h138.38−0.058%$108K$337K10x