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+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against QFEX−0.062%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.062%, 7d avg −0.017%
Together, before fees+0.562%+ Points / potential airdroptradeXYZ: Active · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.045% cheaper against QFEX than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.017%). If the spread goes back, that is −$4 on $10k: about 3.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD146.090.0004pay 0.0001% / 1h59m 14s$270K$266K30x
ShorttradeXYZ xyz:SOXL146.000.0050get 0.0006% / 1h59m 14s$25.6M$22.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$9.56
Price spread: −0.062% → −0.017%
−$4.47
Slippage, 4 orders
−$6.73
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$29.64
Costs to cover
0.347%
Break-even
28.7 days
Slippage from QFEX: live order book, 41 min ago; tradeXYZ: live order book, 10 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, 41 min ago1.38 bp6.7 bp −$79.5 bp −$95doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago1.03 bp10.8 bp −$1113.7 bp −$137doesn'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−0.0115%1h145.92−0.120%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h146.05−0.026%$237K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h146.06−0.021%$52.4M$185.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h146.02−0.048%$25.1M$195.8M20xas long as short
Gate SOXL_USDT0.0000%8h146.02−0.048%$27.4M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h146.02−0.048%$60.6M$112.5M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h146.10+0.005%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h146.01−0.055%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h146.090.000%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h146.00−0.062%$2.5M$1.2M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SOXL-USDlong+0.0004%1h146.09long leg$270K$266K30x
Variational Omni SOXL+0.0010%8h146.03−0.044%$2.4M$4.8Mas long as short
Lighter SOXL+0.0032%1h146.00−0.062%$739K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.99−0.068%$277K$1.8M20xas long as short
BloFin SOXL-USDT+0.0035%8h146.03−0.041%$1.2M$480K50xas long as short
tradeXYZ xyz:SOXLshort+0.0050%1h146.00−0.062%$25.6M$22.9M10x
Ondo Perps SOXL-USD.P+0.0050%1h145.91−0.123%$208K$550K10xas long as short
Extended SOXL-USD+0.0056%1h145.97−0.080%$26K$247K10xas long as short
Binance SOXLUSDT+0.0058%8h146.04−0.034%$171.0M$1.24B50xas long as short
MEXC SOXL_USDT+0.0058%8h146.03−0.041%$14.2M$48.8M200xas long as short
edgeX SOXLUSDC+0.0078%4h146.02−0.046%$182K$327K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.00−0.062%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.06−0.021%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.02−0.048%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h146.02−0.046%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h146.08−0.007%$921K$2.6M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0298%1h146.03−0.041%$116K$280K10xas long as short
Polymarket Perps SOXL-USD+0.0298%1h146.23+0.096%$3K$269K10xas long as short