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: Bitget against Deribit−0.007%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−$34as 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)−0.011%−$1 · spread now −0.007%, 7d avg −0.023%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$100 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
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
LongDeribit SOXL_USDC-PERPETUAL138.380.0980pay 0.0123% / 1h25m 00s$108K$337K10x
ShortBitget SOXLUSDT138.37−0.2350pay 0.2350% / 8h2h 25m$59.2M$133.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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: −0.007% → −0.023%
$1.62
Slippage, 4 orders
−$16.42
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$733.1
Costs to cover
0.354%
Break-even
never at this rate
Slippage from Deribit: live order book, 24 min ago; Bitget: live order book, 4 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 Deribit live order book, 24 min ago3.90 bp12.7 bp −$1321.2 bp −$212doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.72 bp7.5 bp −$811.7 bp −$11735.0 bp −$3,495doesn'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 SOXLUSDTshort−0.2350%8h138.37−0.007%$59.2M$133.4M20x
Aster SOXLUSDT0.0000%8h138.04−0.243%$202K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.31−0.054%$32K$314K10xas long as short
Binance SOXLUSDT0.0000%8h138.07−0.224%$164.2M$1.40B50xas long as short
Bybit SOXLUSDT0.0000%8h138.08−0.217%$46.4M$222.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.08−0.217%$26.5M$214.9M20xas long as short
Gate SOXL_USDT0.0000%8h138.11−0.195%$27.7M$48.3M50xas long as short
MEXC SOXL_USDT0.0000%8h138.16−0.159%$15.5M$53.3M200xas long as short
Variational Omni SOXL0.0000%8h138.14−0.172%$1.9M$5.3Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.40+0.014%$66K$199K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.36−0.014%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h138.46+0.058%$90K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h138.24−0.101%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0007%8h138.36−0.014%$1.3M$465K50xas long as short
Lighter RH SOXL+0.0032%1h138.27−0.079%$264K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h137.96−0.304%$22.4M$28.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.380.000%$203K$488K10xas long as short
QFEX SOXL-USD+0.0053%1h138.28−0.072%$256K$266K30xas long as short
Lighter SOXL+0.0056%1h138.25−0.094%$675K$2.3M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.21−0.123%$6.6M$10.6M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h137.94−0.318%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.19−0.137%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.22−0.115%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h138.49+0.079%$959K$3.1M10xas long as short
edgeX SOXLUSDC+0.0301%4h137.86−0.373%$172K$328K10xas long as short
Polymarket Perps SOXL-USD+0.0488%1h138.49+0.079%$7K$288K10xas long as short
Kraken Futures PF_SOXLUSD+0.0661%1h138.33−0.039%$83K$295K20xas long as short
Deribit SOXL_USDC-PERPETUALlong+0.0980%1h138.38long leg$108K$337K10x