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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0449%/8h= −49.2% APRnext payment $4.49 per $10,000 · paid last 24h −0.040%
Price spread now: SunX against Bitget−0.068%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$820.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.562%−$56 on $10k
Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.068%, 7d avg +0.055%
Together, before fees−0.404%−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.124% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXLUSDT146.050.0449pay 0.0449% / 8h7h 22m$61.8M$111.5M20x
ShortSunX SOXL-USDT145.950get 0.0000% / 8h7h 22m$1K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$94.29
Price spread: −0.068% → +0.055%
−$12.38
Slippage, 4 orders
−$61.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$188.28
Costs to cover
0.816%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 5 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, 1 min ago1.03 bp7.8 bp −$812.4 bp −$12424.3 bp −$2,42542.0 bp −$21.0K
Sell SunX live order book, 5 min ago28.93 bp32.9 bp −$3362.3 bp −$623doesn'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
Aster SOXLUSDT0.0000%8h145.87−0.123%$217K$1.6M50xas long as short
Gate SOXL_USDT0.0000%8h146.04−0.007%$27.9M$39.2M50xas long as short
SunX SOXL-USDTshort0.0000%8h145.95−0.068%$1K$4.5M10x
Phemex SOXLUSDT0.0000%8h145.98−0.048%$2.5M$1.2M10xas long as short
Lighter SOXL+0.0032%1h146.03−0.014%$813K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h146.09+0.027%$348K$1.8M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h146.93+0.603%$242K$747K10xas long as short
QFEX SOXL-USD+0.0070%1h145.89−0.110%$270K$271K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.02−0.021%$7.0M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.78+0.500%$38K$143K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.83−0.151%$1K$5K20xas long as short
OKX SOXL-USDT-SWAP+0.0102%8h146.08+0.021%$26.8M$189.1M20xas long as short
Aevo SOXL-PERP+0.0104%1h145.83−0.148%$6K10xas long as short
HTX SOXL-USDT+0.0140%8h145.90−0.103%$184K$637K50xas long as short
Variational Omni SOXL+0.0150%8h146.81+0.521%$2.3M$4.9Mas long as short
BloFin SOXL-USDT+0.0171%8h145.99−0.041%$1.3M$498K50xas long as short
Extended SOXL-USD+0.0184%1h145.98−0.051%$25K$318K10xas long as short
MEXC SOXL_USDT+0.0187%8h146.03−0.014%$13.1M$47.7M200xas long as short
Binance SOXLUSDT+0.0188%8h146.07+0.014%$171.5M$1.21B50xas long as short
Coinbase International SOXL-PERP-INTX+0.0208%1h146.95+0.616%$1.1M$2.2M10xas long as short
tradeXYZ xyz:SOXL+0.0208%1h146.02−0.021%$26.3M$21.5M10xas long as short
Bybit SOXLUSDT+0.0219%8h146.17+0.082%$53.1M$182.3M100xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0230%1h145.97−0.055%$119K$273K10xas long as short
Kraken Futures PF_SOXLUSD+0.0426%1h146.08+0.021%$89K$304K20xas long as short
Bitget SOXLUSDTlong+0.0449%8h146.05long leg$61.8M$111.5M20x
Polymarket Perps SOXL-USD+0.0600%1h146.12+0.048%$5K$266K10xas long as short
GRVT SOXL_USDT_Perp+0.0710%8h146.44+0.267%$72K$161K10xas long as short
edgeX SOXLUSDC+0.0730%4h146.49+0.301%$183K$321K10xas long as short