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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.070%
Price spread now: Coinbase International against SunX+0.055%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.449%+$45 on $10k
Price spread, last 3 days (all we have)−0.147%−$15 · spread now +0.055%, 7d avg −0.029%
Together, before fees+0.302%+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.083% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT146.130get 0.0000% / 8h6h 57m$1K$4.5M10x
ShortCoinbase International SOXL-PERP-INTX146.210.0200get 0.0025% / 1h57m 15s$894K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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
$42
Price spread: +0.055% → −0.029%
$8.33
Slippage, 4 orders
−$66.4
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$34.07
Costs to cover
0.844%
Break-even
12.7 days
Slippage from SunX: live order book, 11 min ago; Coinbase International: live order book, 2 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 SunX live order book, 11 min ago28.95 bp32.9 bp −$3361.8 bp −$618doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago3.76 bp9.7 bp −$1014.9 bp −$149doesn'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
Bybit SOXLUSDT0.0000%8h146.20+0.048%$52.7M$183.0M100xas long as short
Gate SOXL_USDT0.0000%8h146.20+0.048%$27.5M$39.7M50xas long as short
SunX SOXL-USDTlong0.0000%8h146.13long leg$1K$4.5M10x
Deribit SOXL_USDC-PERPETUAL0.0000%1h146.08−0.034%$119K$287K10xas long as short
Phemex SOXLUSDT0.0000%8h146.11−0.014%$2.5M$1.2M10xas long as short
Aster SOXLUSDT+0.0013%8h146.29+0.112%$253K$1.6M50xas long as short
QFEX SOXL-USD+0.0021%1h146.21+0.055%$270K$271K30xas long as short
Lighter SOXL+0.0032%1h146.22+0.062%$819K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h146.27+0.096%$348K$1.8M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h146.15+0.014%$26.2M$22.3M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps SOXL-USD.P+0.0050%1h146.10−0.021%$229K$736K10xas long as short
Polymarket Perps SOXL-USD+0.0063%1h146.30+0.116%$5K$266K10xas long as short
OKX SOXL-USDT-SWAP+0.0098%8h146.10−0.021%$26.2M$190.0M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.31+0.123%$7.0M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.36+0.157%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.22+0.062%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h146.18+0.033%$6K10xas long as short
HTX SOXL-USDT+0.0109%8h146.11−0.014%$184K$624K50xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0200%1h146.21+0.055%$894K$2.4M10x
Variational Omni SOXL+0.0238%8h146.74+0.417%$2.4M$5.0Mas long as short
BloFin SOXL-USDT+0.0262%8h146.70+0.390%$1.3M$494K50xas long as short
Extended SOXL-USD+0.0264%1h146.13−0.001%$25K$273K10xas long as short
Binance SOXLUSDT+0.0267%8h146.17+0.028%$171.4M$1.22B50xas long as short
MEXC SOXL_USDT+0.0272%8h146.19+0.041%$14.2M$47.0M200xas long as short
edgeX SOXLUSDC+0.0293%4h146.55+0.286%$183K$321K10xas long as short
Kraken Futures PF_SOXLUSD+0.0410%1h146.18+0.036%$89K$304K20xas long as short
Bitget SOXLUSDT+0.0635%8h146.20+0.048%$61.5M$112.7M20xas long as short
GRVT SOXL_USDT_Perp+0.0668%8h146.44+0.211%$72K$164K10xas long as short