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+0.0413%/8h= +45.2% APRpaid last 24h +0.030%
Price spread now: Kraken Futures against Bitget+0.056%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$770.775% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.689%−$69 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.056%, 7d avg −0.054%
Together, before fees−0.760%−$76 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.110% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.689%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXLUSDT145.130get 0.0000% / 8h6h 13m$60.2M$112.9M20x
ShortKraken Futures PF_SOXLUSD145.210.0413get 0.0052% / 1h13m 40s$88K$304K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$86.76
Price spread: +0.056% → −0.054%
$10.95
Slippage, 4 orders
−$55.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$20.26
Costs to cover
0.775%
Break-even
5.4 days
Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago0.69 bp7.6 bp −$813.2 bp −$13233.8 bp −$3,38047.8 bp −$23.9K
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%8h145.23+0.067%$245K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.06−0.048%$51.8M$186.1M100xas long as short
Gate SOXL_USDT0.0000%8h145.19+0.041%$27.2M$42.1M50xas long as short
Bitget SOXLUSDTlong0.0000%8h145.13long leg$60.2M$112.9M20x
GRVT SOXL_USDT_Perp0.0000%8h145.18+0.032%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.11−0.014%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.12−0.007%$118K$280K10xas long as short
HTX SOXL-USDT0.0000%8h145.12−0.007%$184K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h145.19+0.041%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.00−0.090%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h145.00−0.090%$811K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.98−0.103%$357K$1.8M20xas long as short
OKX SOXL-USDT-SWAP+0.0037%8h145.03−0.069%$24.6M$192.4M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.97−0.110%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.09−0.028%$207K$642K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.23+0.069%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.130.000%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.130.000%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.17+0.027%$6K10xas long as short
Polymarket Perps SOXL-USD+0.0124%1h145.21+0.055%$3K$269K10xas long as short
Variational Omni SOXL+0.0127%8h145.07−0.043%$2.4M$4.9Mas long as short
Binance SOXLUSDT+0.0159%8h145.08−0.033%$169.5M$1.24B50xas long as short
Extended SOXL-USD+0.0160%1h145.05−0.057%$25K$241K10xas long as short
MEXC SOXL_USDT+0.0163%8h145.07−0.041%$15.9M$48.8M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.64+0.351%$806K$2.5M10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0413%1h145.21+0.056%$88K$304K20x
edgeX SOXLUSDC+0.0551%4h145.03−0.069%$181K$324K10xas long as short