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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0249%/8h= −27.3% APRpaid last 24h −0.061%
Price spread now: SunX against Polymarket Perps+0.034%50s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.280%−$28 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.034%, 7d avg +0.035%
Together, before fees−0.250%−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD145.040.0249pay 0.0031% / 1h25m 28s$3K$269K10x
ShortSunX SOXL-USDT145.090get 0.0000% / 8h5h 25m$1K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$52.26
Price spread: +0.034% → +0.035%
−$0.07
Slippage, 4 orders
−$65.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$133.52
Costs to cover
0.812%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 37 min ago; SunX: live order book, 3 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, 37 min ago3.10 bp7.8 bp −$810.7 bp −$107doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago28.61 bp32.6 bp −$3362.1 bp −$621doesn'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
Aster SOXLUSDT0.0000%8h144.98−0.038%$244K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h144.97−0.048%$52.0M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.90−0.097%$24.7M$191.4M20xas long as short
Gate SOXL_USDT0.0000%8h144.96−0.055%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h144.93−0.076%$60.1M$111.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.014%$70K$175K10xas long as short
SunX SOXL-USDTshort0.0000%8h145.09+0.034%$1K$4.3M10x
HTX SOXL-USDT0.0000%8h145.27+0.159%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.11+0.048%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h144.95−0.062%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.08+0.027%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h144.92−0.083%$798K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h144.90−0.097%$328K$1.7M20xas long as short
Variational Omni SOXL+0.0042%8h145.06+0.011%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.87−0.117%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.21+0.117%$207K$582K10xas long as short
BloFin SOXL-USDT+0.0074%8h145.06+0.014%$1.2M$478K50xas long as short
Extended SOXL-USD+0.0080%1h144.92−0.082%$24K$244K10xas long as short
Binance SOXLUSDT+0.0081%8h144.97−0.050%$169.0M$1.23B50xas long as short
MEXC SOXL_USDT+0.0082%8h144.92−0.083%$15.3M$49.0M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.98−0.041%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.040.000%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.03−0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.01−0.018%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.03−0.007%$816K$2.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0233%1h145.08+0.028%$115K$279K10xas long as short
Polymarket Perps SOXL-USDlong+0.0249%1h145.04long leg$3K$269K10x
edgeX SOXLUSDC+0.0922%4h145.00−0.024%$181K$324K10xas long as short