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−0.0059%/8h= −6.5% APRpaid last 24h +0.129%
Price spread now: edgeX against Polymarket Perps−0.208%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.255%+$26 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.208%, 7d avg −0.012%
Together, before fees+0.337%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.196% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.012%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.255%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD145.250.0160pay 0.0020% / 1h11m 22s$3K$269K10x
ShortedgeX SOXLUSDC144.950.0101get 0.0050% / 4h11m 22s$181K$329K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket Perps. 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
−$12.41
Price spread: −0.208% → −0.012%
−$19.65
Slippage, 4 orders
−$52.81
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$101.86
Costs to cover
0.698%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 46 min ago; edgeX: live order book, 47 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 Polymarket Perps live order book, 46 min ago3.08 bp8.4 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell edgeX live order book, 47 min ago20.90 bp26.2 bp −$2638.2 bp −$382doesn'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
Kraken Futures PF_SOXLUSD−0.0116%1h145.20−0.031%$88K$304K20xas long as short
BloFin SOXL-USDT−0.0011%8h145.26+0.007%$1.2M$476K50xas long as short
Aster SOXLUSDT0.0000%8h145.12−0.087%$233K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.13−0.080%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.16−0.063%$169.4M$1.25B50xas long as short
Bybit SOXLUSDT0.0000%8h145.16−0.062%$50.7M$188.7M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.14−0.076%$24.5M$197.1M20xas long as short
Gate SOXL_USDT0.0000%8h145.12−0.090%$27.2M$43.3M50xas long as short
MEXC SOXL_USDT0.0000%8h145.15−0.069%$15.0M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h145.21−0.028%$60.1M$113.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL0.0000%8h145.07−0.124%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h144.97−0.193%$71K$177K10xas long as short
SunX SOXL-USDT0.0000%8h145.15−0.069%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.19−0.041%$114K$290K10xas long as short
HTX SOXL-USDT0.0000%8h145.28+0.021%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.23−0.014%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.07−0.124%$268K$266K30xas long as short
Lighter SOXL+0.0032%1h145.09−0.110%$728K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.06−0.131%$275K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.12−0.090%$25.5M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.82−0.296%$207K$488K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.13−0.083%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.99−0.179%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.14−0.076%$1K$5K20xas long as short
edgeX SOXLUSDCshort+0.0101%4h144.95−0.208%$181K$329K10x
Aevo SOXL-PERP+0.0104%1h145.14−0.072%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h144.92−0.227%$901K$2.6M10xas long as short
Polymarket Perps SOXL-USDlong+0.0160%1h145.25long leg$3K$269K10x