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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.009%
Price spread now: Coinbase International against Deribit+0.318%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$480.482% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.285%−$28 · spread now +0.318%, 7d avg +0.005%
Together, before fees−0.290%−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.312% dearer against Deribit than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOXL_USDC-PERPETUAL138.580.0183pay 0.0023% / 1h33m 14s$108K$358K10x
ShortCoinbase International SOXL-PERP-INTX139.020.0200get 0.0025% / 1h33m 14s$952K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$3.54
Price spread: +0.318% → +0.005%
$31.22
Slippage, 4 orders
−$31.17
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$13.41
Costs to cover
0.482%
Break-even
33.5 days
Slippage from Deribit: live order book, 5 min ago; Coinbase International: live order book, 6 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, 5 min ago8.65 bp15.0 bp −$1516.2 bp −$162doesn't fitdoesn't fit
Sell Coinbase International live order book, 6 min ago3.60 bp9.7 bp −$1013.0 bp −$130doesn'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−0.2002%8h138.85+0.195%$60.6M$141.9M20xas long as short
BloFin SOXL-USDT−0.0012%8h138.59+0.007%$1.3M$469K50xas long as short
Aster SOXLUSDT0.0000%8h138.58−0.002%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.56−0.013%$52K$353K10xas long as short
Binance SOXLUSDT0.0000%8h138.60+0.017%$163.0M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.64+0.043%$46.0M$226.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.64+0.043%$26.0M$228.1M20xas long as short
Gate SOXL_USDT0.0000%8h138.59+0.007%$27.9M$50.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.61+0.022%$15.2M$55.1M200xas long as short
Variational Omni SOXL0.0000%8h138.61+0.020%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.82+0.176%$64K$202K10xas long as short
SunX SOXL-USDT0.0000%8h138.72+0.101%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.80+0.159%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.580.000%$2.3M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h138.56−0.014%$262K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.70+0.087%$256K$264K30xas long as short
Lighter SOXL+0.0040%1h138.59+0.007%$672K$2.4M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.54−0.029%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.87+0.209%$211K$460K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.63+0.039%$81K$300K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.580.000%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.74+0.115%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.59+0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.59+0.008%$5K10xas long as short
Deribit SOXL_USDC-PERPETUALlong+0.0183%1h138.58long leg$108K$358K10x
Coinbase International SOXL-PERP-INTXshort+0.0200%1h139.02+0.318%$952K$3.1M10x
Polymarket Perps SOXL-USD+0.0213%1h138.78+0.144%$9K$292K10xas long as short
edgeX SOXLUSDC+0.0292%4h138.81+0.163%$173K$331K10xas long as short