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+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against QFEX−0.193%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.094%+$9 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.193%, 7d avg +0.011%
Together, before fees+0.149%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.204% cheaper against QFEX than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of +0.011%). If the spread goes back, that is −$20 on $10k: about 5.2 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.200.0021pay 0.0003% / 1h9m 32s$268K$266K30x
ShortCoinbase International SOXL-PERP-INTX144.920.0152get 0.0019% / 1h9m 32s$901K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. 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
$27.45
Price spread: −0.193% → +0.011%
−$20.43
Slippage, 4 orders
−$4.86
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.84
Costs to cover
0.249%
Break-even
11.5 days
Slippage from QFEX: live order book, 25 min ago; Coinbase International: live order book, 4 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 QFEX live order book, 25 min ago1.03 bp6.3 bp −$68.8 bp −$88doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago0.34 bp5.7 bp −$69.2 bp −$92doesn'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%1h145.34+0.093%$88K$304K20xas long as short
BloFin SOXL-USDT−0.0011%8h145.26+0.041%$1.2M$476K50xas long as short
Aster SOXLUSDT0.0000%8h145.24+0.029%$233K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.18−0.011%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.21+0.007%$169.5M$1.25B50xas long as short
Bybit SOXLUSDT0.0000%8h145.200.000%$50.8M$189.1M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.18−0.014%$24.6M$197.2M20xas long as short
Gate SOXL_USDT0.0000%8h145.22+0.014%$27.2M$43.3M50xas long as short
MEXC SOXL_USDT0.0000%8h145.22+0.014%$15.1M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h145.200.000%$60.1M$113.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL0.0000%8h145.08−0.084%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.26+0.041%$71K$177K10xas long as short
SunX SOXL-USDT0.0000%8h145.31+0.076%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.25+0.034%$114K$290K10xas long as short
HTX SOXL-USDT0.0000%8h145.28+0.055%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.26+0.041%$2.4M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0021%1h145.20long leg$268K$266K30x
Lighter SOXL+0.0032%1h145.22+0.014%$729K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.18−0.014%$276K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.14−0.041%$25.5M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.82−0.262%$207K$488K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.22+0.014%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.26+0.041%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.25+0.034%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.23+0.024%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0152%1h144.92−0.193%$901K$2.6M10x
Polymarket Perps SOXL-USD+0.0160%1h145.32+0.083%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0262%4h145.12−0.055%$181K$327K10xas long as short