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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0313%/8h= −34.3% APRpaid last 24h −0.142%
Price spread now: Bybit against edgeX−0.216%81s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.216%, 7d avg +0.020%
Together, before fees−0.390%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.236% cheaper against edgeX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXLUSDC139.220.0535pay 0.0267% / 4h2h 54m$173K$332K10x
ShortBybit SOXLUSDT138.920.0222get 0.0222% / 8h6h 54m$46.1M$226.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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
−$65.75
Price spread: −0.216% → +0.020%
−$23.6
Slippage, 4 orders
−$44.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$154.26
Costs to cover
0.649%
Break-even
never at this rate
Slippage from edgeX: live order book, 39 min ago; Bybit: 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 edgeX live order book, 39 min ago20.90 bp26.1 bp −$2630.4 bp −$304doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.36 bp6.2 bp −$69.5 bp −$95109.3 bp −$10.9Kdoesn'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−0.1059%8h138.91−0.223%$58.9M$152.3M20xas long as short
BloFin SOXL-USDT−0.0009%8h138.82−0.288%$1.3M$502K50xas long as short
Aster SOXLUSDT0.0000%8h139.06−0.116%$189K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h138.84−0.275%$42K$380K10xas long as short
Binance SOXLUSDT0.0000%8h138.94−0.202%$158.2M$1.57B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.98−0.173%$26.2M$244.8M20xas long as short
Gate SOXL_USDT0.0000%8h138.90−0.230%$29.7M$54.9M50xas long as short
MEXC SOXL_USDT0.0000%8h138.92−0.216%$13.2M$56.6M200xas long as short
Variational Omni SOXL0.0000%8h139.50+0.199%$1.9M$5.6Mas long as short
SunX SOXL-USDT0.0000%8h138.90−0.230%$2K$3.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h139.10−0.087%$87K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h138.93−0.209%$2.3M$1.2M10xas long as short
Lighter SOXL+0.0032%1h138.87−0.252%$658K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h138.89−0.238%$255K$1.7M20xas long as short
Polymarket Perps SOXL-USD+0.0050%1h138.80−0.302%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.21−0.008%$218K$397K10xas long as short
QFEX SOXL-USD+0.0057%1h138.70−0.374%$256K$264K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.90−0.230%$6.4M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.16−0.044%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.05−0.123%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.10−0.083%$5K10xas long as short
tradeXYZ xyz:SOXL+0.0128%1h138.81−0.295%$21.8M$32.3M10xas long as short
Bybit SOXLUSDTshort+0.0222%8h138.92−0.216%$46.1M$226.0M100x
Coinbase International SOXL-PERP-INTX+0.0240%1h139.21−0.008%$979K$3.3M10xas long as short
GRVT SOXL_USDT_Perp+0.0447%8h139.54+0.232%$65K$194K10xas long as short
edgeX SOXLUSDClong+0.0535%4h139.22long leg$173K$332K10x
Deribit SOXL_USDC-PERPETUAL+0.0615%1h138.89−0.238%$111K$386K10xas long as short
Kraken Futures PF_SOXLUSD+0.0971%1h138.91−0.225%$89K$343K20xas long as short