Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.008%

Price spread now: QFEX against HTX−0.099%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$800.803% of the position

Long on HTX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.099%, 7d avg −0.043%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.056% cheaper against HTX than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.043%). If the spread goes back, that is −$6 on $10k: about 8.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SOXL-USDT	141.37	0	get 0.0000% / 8h	5h 43m	$89K	$1.2M	50x
Short	QFEX SOXL-USD	141.23	0.0022	get 0.0003% / 1h	43m 54s	$261K	$257K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against HTX. 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 HTXbpFee QFEXbpOrdersPrice spread, now −0.099%Rate

Funding earned: $4.67
Price spread: −0.099% → −0.043%: −$5.62
Slippage, 4 orders: −$58.28
Fee HTX: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$81.23
Costs to cover: 0.803%
Break-even: 128.7 days

Slippage from HTX: live order book, 3 min ago; QFEX: live order book, 62 min ago.

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 HTX live order book, 3 min ago	7.41 bp	38.6 bp −$39	215.8 bp −$2,158	doesn't fit	doesn't fit
Sell QFEX live order book, 62 min ago	1.80 bp	6.8 bp −$7	7.0 bp −$70	doesn't fit	doesn't fit

SOXL on 28 exchanges

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
Bitget SOXLUSDT	−0.0413%	8h	141.53	+0.113%	$59.5M	$163.0M	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	141.44	+0.047%	$181K	$1.4M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	141.42	+0.037%	$41K	$445K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	141.44	+0.050%	$162.7M	$1.66B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	141.48	+0.078%	$45.4M	$231.2M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	141.45	+0.057%	$25.6M	$262.0M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	141.49	+0.085%	$28.2M	$59.9M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	141.50	+0.092%	$20.6M	$60.8M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	141.65	+0.197%	$1.9M	$5.6M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	142.07	+0.495%	$66K	$197K	10x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXL-USDT	0.0000%	8h	141.49	+0.085%	$1K	$3.7M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	141.51	+0.099%	$115K	$381K	10x	as long as short
HTX SOXL-USDTlong	0.0000%	8h	141.37	long leg	$89K	$1.2M	50x
Phemex SOXLUSDT	0.0000%	8h	141.47	+0.071%	$2.3M	$1.2M	10x	as long as short
QFEX SOXL-USDshort	+0.0022%	1h	141.23	−0.099%	$261K	$257K	30x
BloFin SOXL-USDT	+0.0024%	8h	141.44	+0.050%	$1.3M	$506K	50x	as long as short
Lighter SOXL	+0.0032%	1h	141.45	+0.057%	$680K	$2.7M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	141.44	+0.050%	$262K	$1.8M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	141.46	+0.064%	$22.0M	$33.2M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	141.30	−0.050%	$13K	$293K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	141.41	+0.028%	$206K	$398K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	141.50	+0.092%	$6.4M	$10.3M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	142.01	+0.453%	$37K	$144K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	141.48	+0.078%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	141.47	+0.068%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0200%	1h	142.21	+0.594%	$827K	$3.4M	10x	as long as short
edgeX SOXLUSDC	+0.0403%	4h	141.93	+0.394%	$176K	$335K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0513%	1h	140.99	−0.270%	$88K	$380K	20x	as long as short