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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.3% APRpaid last 24h −0.010%
Price spread now: KuCoin against Deribit+0.014%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.621% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.137%+$14 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.014%, 7d avg −0.006%
Together, before fees+0.201%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.020% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOXL_USDC-PERPETUAL145.690.0025pay 0.0003% / 1h33m 11s$115K$286K10x
ShortKuCoin SOXLUSDTM145.710.0100get 0.0100% / 8h4h 33m$7.0M$10.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$15.83
Price spread: +0.014% → −0.006%
$2.02
Slippage, 4 orders
−$43.13
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$44.28
Costs to cover
0.621%
Break-even
26.6 days
Slippage from Deribit: live order book, 25 min ago; KuCoin: 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 Deribit live order book, 25 min ago7.20 bp16.3 bp −$1618.7 bp −$187doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.34 bp13.4 bp −$1358.5 bp −$585doesn'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
Kraken Futures PF_SOXLUSD−0.0116%1h145.72+0.023%$88K$304K20xas long as short
BloFin SOXL-USDT−0.0020%8h145.77+0.055%$1.2M$479K50xas long as short
Aster SOXLUSDT0.0000%8h145.74+0.031%$233K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.690.000%$52.1M$186.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.64−0.034%$24.7M$197.1M20xas long as short
Gate SOXL_USDT0.0000%8h145.72+0.021%$27.4M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h145.690.000%$60.3M$112.9M20xas long as short
Variational Omni SOXL0.0000%8h145.73+0.027%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.71+0.014%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.75+0.041%$2K$4.3M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h145.76+0.048%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.67−0.014%$2.5M$1.2M10xas long as short
Binance SOXLUSDT+0.0008%8h145.71+0.012%$170.8M$1.24B50xas long as short
Extended SOXL-USD+0.0008%1h145.690.000%$24K$239K10xas long as short
MEXC SOXL_USDT+0.0011%8h145.68−0.007%$15.9M$49.1M200xas long as short
QFEX SOXL-USD+0.0021%1h145.70+0.007%$269K$266K30xas long as short
Deribit SOXL_USDC-PERPETUALlong+0.0025%1h145.69long leg$115K$286K10x
Lighter SOXL+0.0032%1h145.66−0.021%$730K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.63−0.041%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.71+0.014%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.57−0.082%$208K$490K10xas long as short
KuCoin SOXLUSDTMshort+0.0100%8h145.71+0.014%$7.0M$10.1M20x
ApeX Omni SOXLUSDT+0.0100%1h145.71+0.014%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.71+0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.69−0.002%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.68−0.007%$907K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0162%1h145.86+0.117%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0617%4h145.70+0.004%$182K$327K10xas long as short