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+0.0377%/8h= +41.3% APRpaid last 24h +0.069%
Price spread now: Kraken Futures against OKX+0.013%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$740.744% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.315%−$32 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.013%, 7d avg −0.074%
Together, before fees−0.349%−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.087% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −0.315%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SOXL-USDT-SWAP144.730.0037pay 0.0037% / 8h6h 13m$24.5M$192.2M20x
ShortKraken Futures PF_SOXLUSD144.750.0414get 0.0052% / 1h13m 11s$88K$304K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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
$79.27
Price spread: +0.013% → −0.074%
$8.7
Slippage, 4 orders
−$54.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$13.55
Costs to cover
0.744%
Break-even
5.8 days
Slippage from OKX: live order book, 6 min ago; Kraken Futures: 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 OKX live order book, 6 min ago0.34 bp5.8 bp −$68.6 bp −$8635.5 bp −$3,547doesn't fit
Sell Kraken Futures live order book, 54 min ago4.43 bp37.8 bp −$38doesn't fitdoesn'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%8h144.99+0.181%$244K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.76+0.021%$51.6M$186.2M100xas long as short
Gate SOXL_USDT0.0000%8h144.81+0.055%$27.1M$42.1M50xas long as short
Bitget SOXLUSDT0.0000%8h144.730.000%$60.1M$112.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.12+0.266%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h144.71−0.014%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.67−0.041%$117K$280K10xas long as short
HTX SOXL-USDT0.0000%8h144.71−0.014%$183K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h144.72−0.007%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.01+0.193%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h144.72−0.007%$809K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.74+0.007%$356K$1.8M20xas long as short
OKX SOXL-USDT-SWAPlong+0.0037%8h144.73long leg$24.5M$192.2M20x
tradeXYZ xyz:SOXL+0.0050%1h144.71−0.014%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.09+0.249%$207K$642K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.89+0.111%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.14+0.283%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.84+0.076%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.87+0.097%$6K10xas long as short
Polymarket Perps SOXL-USD+0.0125%1h144.87+0.097%$3K$269K10xas long as short
Variational Omni SOXL+0.0127%8h145.07+0.234%$2.4M$4.9Mas long as short
Binance SOXLUSDT+0.0159%8h144.71−0.014%$169.1M$1.24B50xas long as short
Extended SOXL-USD+0.0160%1h144.77+0.029%$25K$241K10xas long as short
MEXC SOXL_USDT+0.0163%8h144.70−0.021%$16.8M$48.9M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.64+0.629%$806K$2.5M10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0414%1h144.75+0.013%$88K$304K20x
edgeX SOXLUSDC+0.0711%4h145.04+0.215%$181K$325K10xas long as short