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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0593%/8h= +65.0% APRpaid last 24h +0.161%
Price spread now: edgeX against KuCoin−0.151%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)+0.330%+$33 · spread now −0.151%, 7d avg +0.004%
Together, before fees+0.526%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.155% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.004%). If the spread goes back, that is −$16 on $10k: about 21 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.196% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% 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
LongKuCoin SOXLUSDTM145.130.0100pay 0.0100% / 8h5h 23m$6.9M$10.2M20x
ShortedgeX SOXLUSDC144.910.0693get 0.0347% / 4h1h 23m$181K$325K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$124.6
Price spread: −0.151% → +0.004%
−$15.52
Slippage, 4 orders
−$62.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$26.02
Costs to cover
0.831%
Break-even
5.5 days
Slippage from KuCoin: live order book, 5 min ago; edgeX: live order book, 40 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 KuCoin live order book, 5 min ago0.34 bp18.5 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 40 min ago20.71 bp26.2 bp −$2637.3 bp −$373doesn'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
Aster SOXLUSDT0.0000%8h145.12−0.005%$245K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.10−0.021%$52.1M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.04−0.062%$24.7M$191.5M20xas long as short
Gate SOXL_USDT0.0000%8h145.10−0.021%$27.2M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h145.08−0.034%$60.1M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.076%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.11−0.014%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h144.91−0.152%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.11−0.014%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.08−0.034%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.09−0.026%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.10−0.021%$773K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.14+0.007%$311K$1.8M20xas long as short
Variational Omni SOXL+0.0042%8h145.06−0.051%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.07−0.041%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.93−0.138%$207K$581K10xas long as short
Binance SOXLUSDT+0.0076%8h145.06−0.048%$169.1M$1.23B50xas long as short
MEXC SOXL_USDT+0.0077%8h145.12−0.007%$15.3M$49.0M200xas long as short
Extended SOXL-USD+0.0080%1h145.04−0.060%$24K$244K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0095%1h145.11−0.014%$115K$280K10xas long as short
KuCoin SOXLUSDTMlong+0.0100%8h145.13long leg$6.9M$10.2M20x
ApeX Omni SOXLUSDT+0.0100%1h144.94−0.131%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.06−0.048%$1K$5K20xas long as short
BloFin SOXL-USDT+0.0103%8h144.96−0.117%$1.2M$478K50xas long as short
Aevo SOXL-PERP+0.0104%1h145.03−0.070%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.03−0.069%$816K$2.4M10xas long as short
Polymarket Perps SOXL-USD+0.0248%1h145.20+0.048%$3K$269K10xas long as short
edgeX SOXLUSDCshort+0.0693%4h144.91−0.151%$181K$325K10x