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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.168%
Price spread now: edgeX against Phemex+0.676%78s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1551.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.598%+$60 on $10k
Price spread, last 4 days (all we have)−0.593%−$59 · spread now +0.676%, 7d avg −0.032%
Together, before fees+0.005%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 0.708% dearer against Phemex than usual: you sell high and buy low: +$71 more if the spread goes back to its 7-day average of −0.032%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT141.940get 0.0000% / 8h3h 38m$2.4M$1.2M10x
ShortedgeX SOXLUSDC142.900.0548get 0.0274% / 4h3h 38m$178K$328K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Phemex. 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
$115.13
Price spread: +0.676% → −0.032%
$70.79
Slippage, 4 orders
−$134.49
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$30.43
Costs to cover
1.555%
Break-even
5.1 days
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 15 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 Phemex live order book, 5 min ago2.79 bp63.0 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago20.81 bp26.3 bp −$2638.4 bp −$384doesn'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
Bitget SOXLUSDT−0.0045%8h141.89−0.035%$58.6M$116.4M20xas long as short
Aster SOXLUSDT0.0000%8h141.80−0.098%$227K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h141.86−0.056%$31K$270K10xas long as short
Binance SOXLUSDT0.0000%8h141.79−0.106%$164.7M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h141.76−0.127%$47.1M$197.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h141.74−0.141%$24.0M$198.1M20xas long as short
Gate SOXL_USDT0.0000%8h141.87−0.049%$26.2M$44.0M50xas long as short
MEXC SOXL_USDT0.0000%8h141.90−0.028%$13.7M$49.9M200xas long as short
Variational Omni SOXL0.0000%8h142.84+0.634%$2.2M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.70+0.537%$67K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h141.95+0.007%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h142.02+0.056%$177K$584K50xas long as short
Phemex SOXLUSDTlong0.0000%8h141.94long leg$2.4M$1.2M10x
QFEX SOXL-USD+0.0004%1h141.90−0.028%$262K$266K30xas long as short
BloFin SOXL-USDT+0.0009%8h141.98+0.028%$1.2M$467K50xas long as short
Lighter SOXL+0.0032%1h141.76−0.127%$699K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h141.69−0.176%$267K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h141.81−0.092%$24.9M$22.9M10xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h141.99+0.032%$86K$287K20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h142.10+0.113%$200K$484K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h141.92−0.014%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h143.38+1.015%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.82−0.085%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h141.84−0.068%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h141.88−0.042%$804K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0209%1h142.00+0.042%$3K$268K10xas long as short
edgeX SOXLUSDCshort+0.0548%4h142.90+0.676%$178K$328K10x
Deribit SOXL_USDC-PERPETUAL+0.0597%1h141.87−0.049%$110K$316K10xas long as short