Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.016%

Price spread now: Ondo Perps against Gate−0.020%7-day average −0.052% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.152%+$15 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.020%, 7d avg −0.052%

Together, before fees+0.120%+ Points / potential airdropOndo Perps: Active · farm board+$12 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 Ondo Perps is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SOXL_USDT	146.59	0	get 0.0000% / 8h	7h 45m	$28.1M	$38.5M	50x
Short	Ondo Perps SOXL-USD.P	146.56	0.0071	get 0.0009% / 1h	45m 49s	$242K	$768K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee Ondo PerpsbpOrdersPrice spread, now −0.020%Rate

Funding earned: $14.95
Price spread: −0.020% → −0.052%: $3.12
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.92
Costs to cover: 0.200%
Break-even: 7.9 days

Slippage unknown: Gate: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	1.02 bp	11.3 bp −$11	24.0 bp −$240	37.5 bp −$3,748	51.4 bp −$25.7K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOXLUSDT	0.0000%	8h	146.43	−0.109%	$217K	$1.6M	50x	as long as short
Gate SOXL_USDTlong	0.0000%	8h	146.59	long leg	$28.1M	$38.5M	50x
SunX SOXL-USDT	0.0000%	8h	146.61	+0.014%	$1K	$4.6M	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	146.63	+0.027%	$2.5M	$1.2M	10x	as long as short
Lighter SOXL	+0.0032%	1h	146.57	−0.014%	$813K	$2.6M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	146.66	+0.048%	$347K	$1.8M	20x	as long as short
OKX SOXL-USDT-SWAP	+0.0067%	8h	146.62	+0.020%	$25.7M	$186.0M	20x	as long as short
QFEX SOXL-USD	+0.0070%	1h	146.67	+0.055%	$271K	$271K	30x	as long as short
Variational Omni SOXL	+0.0070%	8h	146.70	+0.077%	$2.3M	$5.0M	—	as long as short
Ondo Perps SOXL-USD.Pshort	+0.0071%	1h	146.56	−0.020%	$242K	$768K	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXL-USDT	+0.0089%	8h	146.82	+0.157%	$1.2M	$495K	50x	as long as short
Bitget SOXLUSDT	+0.0095%	8h	146.60	+0.007%	$62.2M	$109.8M	20x	as long as short
MEXC SOXL_USDT	+0.0099%	8h	146.59	0.000%	$13.9M	$46.9M	200x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	146.51	−0.055%	$7.0M	$10.6M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	146.40	−0.130%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.64	+0.034%	$1K	$5K	20x	as long as short
Binance SOXLUSDT	+0.0104%	8h	146.64	+0.032%	$173.5M	$1.20B	50x	as long as short
Extended SOXL-USD	+0.0104%	1h	146.55	−0.027%	$25K	$318K	10x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.59	+0.002%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	146.68	+0.061%	$1.1M	$2.2M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0296%	1h	146.64	+0.034%	$119K	$276K	10x	as long as short
HTX SOXL-USDT	+0.0296%	8h	146.80	+0.143%	$185K	$592K	50x	as long as short
edgeX SOXLUSDC	+0.0377%	4h	146.33	−0.176%	$182K	$322K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0425%	1h	146.50	−0.064%	$89K	$309K	20x	as long as short
Bybit SOXLUSDT	+0.0491%	8h	146.63	+0.027%	$52.7M	$179.2M	100x	as long as short
tradeXYZ xyz:SOXL	+0.0529%	1h	146.56	−0.020%	$26.7M	$20.9M	10x	as long as short
GRVT SOXL_USDT_Perp	+0.0878%	8h	146.31	−0.191%	$72K	$160K	10x	as long as short
Polymarket Perps SOXL-USD	+0.0967%	1h	146.74	+0.102%	$5K	$266K	10x	as long as short