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−0.0075%/8h= −8.2% APRpaid last 24h +0.016%
Price spread now: Ondo Perps against Phemex+0.164%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$17 on $10k
Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.164%, 7d avg −0.084%
Together, before fees+0.011%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.248% dearer against Phemex than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of −0.084%): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 7 days funding on this pair paid +0.175%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT146.380get 0.0000% / 8h6h 59m$2.5M$1.2M10x
ShortOndo Perps SOXL-USD.P146.62−0.0075pay 0.0009% / 1h59m 08s$229K$723K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$15.79
Price spread: +0.164% → −0.084%
$24.83
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.96
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Phemex: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 4 min ago7.50 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Ondo Perps SOXL-USD.Pshort−0.0075%1h146.62+0.164%$229K$723K10x
Bybit SOXLUSDT0.0000%8h146.45+0.048%$52.9M$182.9M100xas long as short
Gate SOXL_USDT0.0000%8h146.40+0.014%$27.3M$39.5M50xas long as short
SunX SOXL-USDT0.0000%8h146.66+0.191%$1K$4.5M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h146.37−0.007%$119K$287K10xas long as short
Phemex SOXLUSDTlong0.0000%8h146.38long leg$2.5M$1.2M10x
Aster SOXLUSDT+0.0020%8h146.61+0.159%$254K$1.6M50xas long as short
Lighter SOXL+0.0032%1h146.380.000%$815K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h146.41+0.020%$348K$1.8M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h146.36−0.014%$26.2M$22.2M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SOXL-USD+0.0070%1h146.58+0.137%$271K$271K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.51+0.089%$7.0M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.58+0.137%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.67+0.198%$1K$5K20xas long as short
OKX SOXL-USDT-SWAP+0.0103%8h146.36−0.014%$26.4M$190.3M20xas long as short
Aevo SOXL-PERP+0.0104%1h146.59+0.142%$6K10xas long as short
HTX SOXL-USDT+0.0183%8h146.72+0.232%$185K$624K50xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h146.66+0.191%$943K$2.4M10xas long as short
Polymarket Perps SOXL-USD+0.0206%1h146.73+0.239%$5K$266K10xas long as short
Variational Omni SOXL+0.0238%8h146.74+0.245%$2.4M$5.0Mas long as short
BloFin SOXL-USDT+0.0262%8h146.70+0.219%$1.3M$494K50xas long as short
Extended SOXL-USD+0.0272%1h146.56+0.125%$25K$273K10xas long as short
MEXC SOXL_USDT+0.0273%8h146.42+0.027%$14.0M$46.8M200xas long as short
Binance SOXLUSDT+0.0275%8h146.40+0.015%$171.6M$1.22B50xas long as short
Kraken Futures PF_SOXLUSD+0.0410%1h146.44+0.043%$89K$304K20xas long as short
Bitget SOXLUSDT+0.0646%8h146.52+0.096%$61.8M$112.6M20xas long as short
GRVT SOXL_USDT_Perp+0.0738%8h146.75+0.251%$72K$164K10xas long as short
edgeX SOXLUSDC+0.0851%4h146.64+0.177%$183K$323K10xas long as short