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−0.0106%/8h= −11.6% APRpaid last 24h −0.046%
Price spread now: SunX against Deribit−0.014%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.112%−$11 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.014%, 7d avg +0.029%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.043% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SOXL_USDC-PERPETUAL140.470.0106pay 0.0013% / 1h9m 36s$109K$339K10x
ShortSunX SOXL-USDT140.450get 0.0000% / 8h2h 09m$2K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$22.27
Price spread: −0.014% → +0.029%
−$4.3
Slippage, 4 orders
−$71.05
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$112.63
Costs to cover
0.861%
Break-even
never at this rate
Slippage from Deribit: live order book, 39 min ago; SunX: live order book, 9 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, 39 min ago3.90 bp12.7 bp −$1321.2 bp −$212doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago28.98 bp33.0 bp −$3362.2 bp −$622doesn'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−0.2288%8h140.51+0.028%$60.5M$135.5M20xas long as short
BloFin SOXL-USDT−0.0010%8h140.36−0.078%$1.3M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.51+0.027%$200K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.52+0.036%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h140.51+0.029%$166.5M$1.43B50xas long as short
Bybit SOXLUSDT0.0000%8h140.52+0.036%$47.1M$225.1M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.50+0.021%$26.6M$223.1M20xas long as short
Gate SOXL_USDT0.0000%8h140.59+0.085%$28.2M$48.9M50xas long as short
MEXC SOXL_USDT0.0000%8h140.57+0.071%$17.0M$54.5M200xas long as short
Variational Omni SOXL0.0000%8h140.25−0.156%$1.9M$5.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h140.30−0.121%$64K$202K10xas long as short
SunX SOXL-USDTshort0.0000%8h140.45−0.014%$2K$4.3M10x
HTX SOXL-USDT0.0000%8h140.64+0.121%$92K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h140.34−0.093%$2.3M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h140.51+0.028%$271K$1.7M20xas long as short
Lighter SOXL+0.0040%1h140.54+0.050%$695K$2.3M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h140.39−0.057%$22.5M$29.1M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.27−0.142%$219K$508K10xas long as short
QFEX SOXL-USD+0.0053%1h140.54+0.050%$260K$266K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.53+0.043%$6.7M$10.7M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.24−0.164%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.43−0.028%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.48+0.005%$5K10xas long as short
Deribit SOXL_USDC-PERPETUALlong+0.0106%1h140.47long leg$109K$339K10x
Coinbase International SOXL-PERP-INTX+0.0184%1h140.43−0.028%$971K$3.2M10xas long as short
Polymarket Perps SOXL-USD+0.0473%1h140.59+0.085%$8K$290K10xas long as short
Kraken Futures PF_SOXLUSD+0.0652%1h140.23−0.173%$83K$296K20xas long as short
edgeX SOXLUSDC+0.0682%4h140.28−0.138%$175K$329K10xas long as short