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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.068%
Price spread now: edgeX against Kraken Futures−0.098%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1151.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.645%+$65 on $10k
Price spread, last 3 days (all we have)+0.203%+$20 · spread now −0.098%, 7d avg +0.069%
Together, before fees+0.848%+ Points / potential airdropedgeX: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.167% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.069%). If the spread goes back, that is −$17 on $10k: about 4.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.645% in total) that is about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD145.170.0413pay 0.0052% / 1h14m 36s$88K$304K20x
ShortedgeX SOXLUSDC145.030.0551get 0.0275% / 4h2h 14m$181K$324K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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
$28.9
Price spread: −0.098% → +0.069%
−$16.73
Slippage, 4 orders
−$96.49
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$103.32
Costs to cover
1.155%
Break-even
32.0 days
Slippage from Kraken Futures: live order book, 53 min ago; edgeX: live order book, 54 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 Kraken Futures live order book, 53 min ago4.43 bp24.8 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 54 min ago20.76 bp26.5 bp −$2638.3 bp −$383doesn't fitdoesn't fit

SOXL on 27 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
Aster SOXLUSDT0.0000%8h145.15−0.014%$244K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.06−0.077%$51.8M$186.1M100xas long as short
Gate SOXL_USDT0.0000%8h145.06−0.077%$27.2M$42.1M50xas long as short
Bitget SOXLUSDT0.0000%8h145.00−0.119%$60.2M$112.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.18+0.003%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.10−0.050%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.00−0.119%$118K$279K10xas long as short
HTX SOXL-USDT0.0000%8h145.12−0.036%$184K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h145.02−0.105%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.00−0.119%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h144.94−0.160%$811K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.03−0.098%$357K$1.8M20xas long as short
OKX SOXL-USDT-SWAP+0.0040%8h145.03−0.098%$24.6M$192.4M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.88−0.201%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.09−0.057%$207K$642K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.13−0.029%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.13−0.029%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.15−0.015%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.12−0.039%$6K10xas long as short
Polymarket Perps SOXL-USD+0.0122%1h145.24+0.047%$3K$269K10xas long as short
Variational Omni SOXL+0.0127%8h145.07−0.072%$2.4M$4.9Mas long as short
Binance SOXLUSDT+0.0163%8h145.03−0.098%$169.5M$1.24B50xas long as short
MEXC SOXL_USDT+0.0165%8h145.03−0.098%$15.9M$48.8M200xas long as short
Extended SOXL-USD+0.0168%1h145.00−0.116%$25K$245K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.64+0.322%$806K$2.5M10xas long as short
Kraken Futures PF_SOXLUSDlong+0.0413%1h145.17long leg$88K$304K20x
edgeX SOXLUSDCshort+0.0551%4h145.03−0.098%$181K$324K10x