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−0.0025%/8h= −2.7% APRpaid last 24h −0.030%
Price spread now: KuCoin against Polymarket Perps−0.048%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−$48as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.017%+$2 on $10k
Price spread, last 4 days (all we have)−0.896%−$90 · spread now −0.048%, 7d avg −0.012%
Together, before fees−0.879%−$88 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD144.870.0125pay 0.0016% / 1h12m 52s$3K$269K10x
ShortKuCoin SOXLUSDTM144.800.0100get 0.0100% / 8h6h 12m$6.9M$10.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$5.16
Price spread: −0.048% → −0.012%
−$3.6
Slippage, 4 orders
−$24.04
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$52.8
Costs to cover
0.440%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 54 min ago; KuCoin: live order book, 5 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, 54 min ago3.40 bp7.4 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.34 bp12.7 bp −$1361.1 bp −$611doesn'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%8h144.72−0.103%$244K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.81−0.041%$51.6M$186.2M100xas long as short
Gate SOXL_USDT0.0000%8h144.80−0.048%$27.1M$42.1M50xas long as short
Bitget SOXLUSDT0.0000%8h144.74−0.090%$60.1M$112.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.12+0.169%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h144.71−0.110%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.67−0.138%$117K$280K10xas long as short
HTX SOXL-USDT0.0000%8h144.71−0.110%$183K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h144.72−0.104%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.01+0.097%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h144.72−0.104%$809K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.74−0.090%$356K$1.8M20xas long as short
OKX SOXL-USDT-SWAP+0.0037%8h144.77−0.069%$24.5M$192.2M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.74−0.090%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.09+0.152%$207K$642K10xas long as short
KuCoin SOXLUSDTMshort+0.0100%8h144.80−0.048%$6.9M$10.4M20x
ApeX Omni SOXLUSDT+0.0100%1h145.14+0.186%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.84−0.021%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.87+0.001%$6K10xas long as short
Polymarket Perps SOXL-USDlong+0.0125%1h144.87long leg$3K$269K10x
Variational Omni SOXL+0.0127%8h145.07+0.137%$2.4M$4.9Mas long as short
Binance SOXLUSDT+0.0159%8h144.74−0.090%$169.1M$1.24B50xas long as short
Extended SOXL-USD+0.0160%1h144.76−0.074%$25K$241K10xas long as short
MEXC SOXL_USDT+0.0163%8h144.79−0.055%$16.8M$49.0M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.64+0.532%$806K$2.5M10xas long as short
Kraken Futures PF_SOXLUSD+0.0414%1h144.75−0.084%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0711%4h145.04+0.118%$181K$325K10xas long as short