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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0484%/8h= −53.0% APRpaid last 24h −0.167%
Price spread now: Variational Omni against edgeX−0.057%104s7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.167%−$17 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.057%, 7d avg +0.003%
Together, before fees−0.131%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.061% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.167% in total (about -16.6% 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
LongedgeX SOXLUSDC138.600.0484pay 0.0242% / 4h7m 38s$173K$331K10x
ShortVariational Omni SOXL138.520get 0.0000% / 8h7m 38s$1.9M$5.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$101.65
Price spread: −0.057% → +0.003%
−$6.07
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$116.73
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 31 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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, 31 min ago20.53 bp25.8 bp −$2630.5 bp −$305doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.41 bpdoesn't fit5.4 bp −$54doesn'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−0.1887%8h139.01+0.298%$61.0M$142.2M20xas long as short
BloFin SOXL-USDT−0.0009%8h138.80+0.146%$1.3M$471K50xas long as short
Aster SOXLUSDT0.0000%8h138.85+0.181%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.86+0.193%$51K$355K10xas long as short
Binance SOXLUSDT0.0000%8h138.87+0.197%$163.1M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.90+0.219%$46.0M$223.1M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.93+0.240%$25.9M$229.5M20xas long as short
Gate SOXL_USDT0.0000%8h138.93+0.240%$27.9M$51.1M50xas long as short
MEXC SOXL_USDT0.0000%8h138.88+0.204%$14.7M$55.7M200xas long as short
Variational Omni SOXLshort0.0000%8h138.52−0.057%$1.9M$5.5M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.54−0.038%$64K$201K10xas long as short
SunX SOXL-USDT0.0000%8h138.82+0.161%$2K$4.1M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h138.76+0.118%$108K$359K10xas long as short
HTX SOXL-USDT0.0000%8h138.73+0.096%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.80+0.146%$2.3M$1.2M10xas long as short
Lighter SOXL+0.0032%1h138.86+0.190%$675K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h138.84+0.175%$263K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.82+0.161%$257K$264K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.73+0.096%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.76+0.118%$211K$460K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.71+0.080%$73K$317K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.81+0.154%$6.5M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.54−0.041%$36K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.78+0.132%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.77+0.123%$5K10xas long as short
Polymarket Perps SOXL-USD+0.0141%1h138.84+0.175%$9K$292K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.75+0.110%$950K$3.0M10xas long as short
edgeX SOXLUSDClong+0.0484%4h138.60long leg$173K$331K10x