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+0.0072%/8h= +7.9% APRpaid last 24h +0.051%
Price spread now: Kraken Futures against Bybit−0.088%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.345%−$35 on $10k
Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.088%, 7d avg −0.093%
Together, before fees−0.281%−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.345%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT138.740get 0.0000% / 8h57m 04s$45.9M$229.5M100x
ShortKraken Futures PF_SOXLUSD138.620.0072get 0.0009% / 1h57m 04s$81K$292K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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
$15.09
Price spread: −0.088% → −0.093%
$0.52
Slippage, 4 orders
−$58.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$63.77
Costs to cover
0.794%
Break-even
36.6 days
Slippage from Bybit: live order book, 2 min ago; Kraken Futures: live order book, 46 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 Bybit live order book, 2 min ago0.36 bp7.4 bp −$714.7 bp −$147112.8 bp −$11.3Kdoesn't fit
Sell Kraken Futures live order book, 46 min ago5.43 bp30.4 bp −$30doesn't fitdoesn'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 SOXLUSDT−0.2154%8h138.94+0.144%$60.5M$142.0M20xas long as short
Aster SOXLUSDT0.0000%8h138.73−0.010%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.66−0.057%$42K$335K10xas long as short
Binance SOXLUSDT0.0000%8h138.740.000%$163.4M$1.47B50xas long as short
Bybit SOXLUSDTlong0.0000%8h138.74long leg$45.9M$229.5M100x
OKX SOXL-USDT-SWAP0.0000%8h138.77+0.022%$26.3M$227.2M20xas long as short
Gate SOXL_USDT0.0000%8h138.73−0.007%$28.3M$49.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.71−0.022%$15.4M$54.6M200xas long as short
Variational Omni SOXL0.0000%8h139.14+0.289%$1.9M$5.5Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h139.13+0.281%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.70−0.029%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.64−0.072%$86K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.76+0.014%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0003%8h138.740.000%$1.3M$469K50xas long as short
tradeXYZ xyz:SOXL+0.0005%1h138.61−0.094%$21.2M$30.4M10xas long as short
Lighter SOXL+0.0032%1h138.72−0.014%$675K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h138.71−0.022%$262K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.69−0.036%$256K$264K30xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.03+0.209%$212K$482K10xas long as short
Polymarket Perps SOXL-USD+0.0067%1h138.68−0.043%$9K$292K10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0072%1h138.62−0.088%$81K$292K20x
KuCoin SOXLUSDTM+0.0100%8h138.66−0.058%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.16+0.303%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.68−0.043%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.66−0.056%$5K10xas long as short
edgeX SOXLUSDC+0.0145%4h139.08+0.242%$173K$329K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0183%1h138.70−0.029%$108K$358K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.15+0.296%$952K$3.2M10xas long as short