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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Phemex+0.062%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1211.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.062%, 7d avg +0.008%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.054% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT145.670get 0.0000% / 8h4h 32m$2.5M$1.2M10x
ShortHTX SOXL-USDT145.760get 0.0000% / 8h4h 32m$184K$569K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.062% → +0.008%
$5.42
Slippage, 4 orders
−$96.61
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$115.19
Costs to cover
1.206%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; HTX: live order book, 26 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, 6 min ago2.74 bp47.1 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 26 min ago4.46 bp10.5 bp −$1011.1 bp −$11123.5 bp −$2,352doesn'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
Kraken Futures PF_SOXLUSD−0.0116%1h145.72+0.037%$88K$304K20xas long as short
BloFin SOXL-USDT−0.0020%8h145.77+0.069%$1.2M$479K50xas long as short
Aster SOXLUSDT0.0000%8h145.66−0.004%$233K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.64−0.021%$52.1M$186.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.58−0.062%$24.7M$197.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.61−0.041%$27.3M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h145.60−0.048%$60.3M$112.9M20xas long as short
Variational Omni SOXL0.0000%8h145.73+0.041%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.71+0.027%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.75+0.055%$2K$4.3M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDTshort0.0000%8h145.76+0.062%$184K$569K50x
Phemex SOXLUSDTlong0.0000%8h145.67long leg$2.5M$1.2M10x
Binance SOXLUSDT+0.0007%8h145.63−0.025%$170.7M$1.24B50xas long as short
MEXC SOXL_USDT+0.0007%8h145.59−0.055%$15.7M$49.2M200xas long as short
Extended SOXL-USD+0.0008%1h145.58−0.060%$24K$239K10xas long as short
QFEX SOXL-USD+0.0021%1h145.70+0.021%$269K$266K30xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0025%1h145.69+0.014%$115K$286K10xas long as short
Lighter SOXL+0.0032%1h145.59−0.055%$730K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.57−0.069%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.58−0.062%$25.5M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.57−0.069%$208K$490K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.65−0.014%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.71+0.027%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.71+0.027%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.69+0.012%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.68+0.007%$907K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0162%1h145.86+0.130%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0617%4h145.70+0.018%$182K$327K10xas long as short