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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.055%
Price spread now: Kraken Futures against QFEX+0.275%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$680.675% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.410%−$41 on $10k
Price spread, last 4 days (all we have)−0.361%−$36 · spread now +0.275%, 7d avg −0.065%
Together, before fees−0.772%−$77 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.340% dearer against QFEX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.065%. Mind the row above: over the last 4 days funding on this pair cost −0.410%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD141.750.0004pay 0.0000% / 1h37m 07s$262K$266K30x
ShortKraken Futures PF_SOXLUSD142.140.0050get 0.0006% / 1h37m 07s$86K$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$9.75
Price spread: +0.275% → −0.065%
$33.98
Slippage, 4 orders
−$47.53
Fee QFEX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$23.8
Costs to cover
0.675%
Break-even
24.1 days
Slippage from QFEX: live order book, 58 min ago; Kraken Futures: live order book, 16 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, 58 min ago1.03 bp6.3 bp −$68.8 bp −$88doesn't fitdoesn't fit
Sell Kraken Futures live order book, 16 min ago5.21 bp17.1 bp −$17doesn't fitdoesn'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−0.0099%8h142.10+0.247%$58.7M$116.7M20xas long as short
Aster SOXLUSDT0.0000%8h141.98+0.161%$228K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h142.10+0.249%$31K$267K10xas long as short
Binance SOXLUSDT0.0000%8h142.13+0.268%$164.4M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h142.11+0.254%$47.5M$198.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h142.15+0.282%$24.1M$199.2M20xas long as short
Gate SOXL_USDT0.0000%8h142.05+0.212%$26.2M$44.0M50xas long as short
MEXC SOXL_USDT0.0000%8h142.14+0.275%$14.4M$50.0M200xas long as short
Variational Omni SOXL0.0000%8h142.84+0.769%$2.2M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.02+0.189%$67K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h142.19+0.310%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h141.82+0.049%$177K$584K50xas long as short
Phemex SOXLUSDT0.0000%8h142.20+0.317%$2.4M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0004%1h141.75long leg$262K$266K30x
BloFin SOXL-USDT+0.0017%8h142.12+0.261%$1.2M$469K50xas long as short
Lighter SOXL+0.0032%1h142.07+0.226%$701K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h142.02+0.190%$267K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h142.05+0.212%$24.9M$23.0M10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0050%1h142.14+0.275%$86K$287K20x
Ondo Perps SOXL-USD.P+0.0050%1h141.81+0.042%$200K$503K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h142.08+0.233%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.95+0.141%$37K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.97+0.155%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h142.02+0.190%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h141.97+0.155%$806K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0226%1h142.12+0.261%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0726%4h142.06+0.218%$177K$328K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0736%1h142.15+0.282%$111K$316K10xas long as short