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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0608%/8h= +66.6% APRpaid last 24h +0.160%
Price spread now: edgeX against QFEX−0.215%57s7-day average +0.010% · you buy dearer than you sell
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−$660.660% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.325%+$33 on $10k
Price spread, last 4 days (all we have)+0.517%+$52 · spread now −0.215%, 7d avg +0.010%
Together, before fees+0.843%+ Points / potential airdropedgeX: Active · farm board+$84 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.225% cheaper against QFEX than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of +0.010%). If the spread goes back, that is −$22 on $10k: about 30 hours of funding at the current rate (+$18 a day). At the pace of the last 4 days (+0.325% in total) that is about 2.6 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD139.210.0035pay 0.0004% / 1h4m 19s$257K$264K30x
ShortedgeX SOXLUSDC138.910.0643get 0.0322% / 4h4m 19s$173K$332K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$127.73
Price spread: −0.215% → +0.010%
−$22.48
Slippage, 4 orders
−$47.04
Fee QFEX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$39.21
Costs to cover
0.660%
Break-even
4.9 days
Slippage from QFEX: live order book, 11 min ago; edgeX: live order book, 34 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, 11 min ago2.16 bp7.3 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell edgeX live order book, 34 min ago20.53 bp25.7 bp −$2634.3 bp −$343doesn'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
Bitget SOXLUSDT−0.1843%8h139.40+0.136%$61.0M$142.2M20xas long as short
BloFin SOXL-USDT−0.0011%8h139.09−0.086%$1.3M$472K50xas long as short
Aster SOXLUSDT0.0000%8h139.16−0.035%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.20−0.008%$51K$355K10xas long as short
Binance SOXLUSDT0.0000%8h139.26+0.036%$163.6M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h139.26+0.036%$46.1M$223.1M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.24+0.022%$26.0M$230.0M20xas long as short
Gate SOXL_USDT0.0000%8h139.210.000%$27.9M$51.1M50xas long as short
MEXC SOXL_USDT0.0000%8h139.25+0.029%$14.7M$55.8M200xas long as short
Variational Omni SOXL0.0000%8h139.06−0.110%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h139.03−0.127%$64K$201K10xas long as short
SunX SOXL-USDT0.0000%8h139.20−0.007%$2K$4.1M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h139.04−0.122%$108K$359K10xas long as short
HTX SOXL-USDT0.0000%8h139.10−0.079%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h139.11−0.072%$2.3M$1.2M10xas long as short
Lighter SOXL+0.0032%1h139.19−0.014%$677K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h139.17−0.029%$264K$1.7M20xas long as short
QFEX SOXL-USDlong+0.0035%1h139.21long leg$257K$264K30x
tradeXYZ xyz:SOXL+0.0050%1h139.16−0.036%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.85−0.259%$211K$460K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.95−0.187%$73K$317K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.20−0.007%$6.5M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.04−0.122%$36K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.17−0.029%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.15−0.046%$5K10xas long as short
Polymarket Perps SOXL-USD+0.0134%1h139.31+0.072%$9K$292K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.75−0.330%$950K$3.0M10xas long as short
edgeX SOXLUSDCshort+0.0643%4h138.91−0.215%$173K$332K10x