Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.029%

Price spread now: ApeX Omni against Variational Omni−0.695%58s7-day average −0.024% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.109%−$11 on $10k

Price spread, last 4 days (all we have)+0.600%+$60 · spread now −0.695%, 7d avg −0.024%

Together, before fees+0.491%+ Points / potential airdropVariational Omni: Active · farm board+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.671% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.695% now, against its 7-day average of −0.024%). If the spread goes back, that is −$67 on $10k: about 22 days of funding at the current rate (+$3 a day). Mind the row above: over the last 4 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SOXL	137.42	0	get 0.0000% / 8h	7h 20m	$1.8M	$5.5M	—
Short	ApeX Omni SOXLUSDT	136.46	0.0100	get 0.0013% / 1h	20m 34s	$35K	$144K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee ApeX OmnibpOrdersPrice spread, now −0.695%Rate

Funding earned: $21
Price spread: −0.695% → −0.024%: −$67.1
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$56.1
Costs to cover: 0.100%
Break-even: 25.7 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; ApeX Omni: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 4 min ago	2.42 bp	doesn't fit	3.2 bp −$32	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	28.34 bp	38.7 bp −$39	203.4 bp −$2,034	doesn't fit	doesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SOXLUSDT	−0.1363%	8h	137.46	+0.033%	$58.1M	$149.6M	20x	as long as short
Kraken Futures PF_SOXLUSD	−0.0121%	1h	137.15	−0.196%	$78K	$328K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	137.20	−0.157%	$184K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	137.35	−0.045%	$41K	$389K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	137.37	−0.033%	$161.4M	$1.52B	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	137.35	−0.047%	$26.3M	$234.3M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	137.33	−0.062%	$29.5M	$54.1M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	137.41	−0.004%	$22.4M	$57.7M	200x	as long as short
Variational Omni SOXLlong	0.0000%	8h	137.42	long leg	$1.8M	$5.5M	—
SunX SOXL-USDT	0.0000%	8h	137.27	−0.106%	$1K	$3.9M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOXL-USDT	0.0000%	8h	137.28	−0.098%	$86K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	137.28	−0.098%	$2.3M	$1.2M	10x	as long as short
BloFin SOXL-USDT	+0.0008%	8h	137.29	−0.091%	$1.3M	$495K	50x	as long as short
QFEX SOXL-USD	+0.0022%	1h	137.38	−0.026%	$254K	$264K	30x	as long as short
Lighter RH SOXL	+0.0032%	1h	137.30	−0.084%	$241K	$1.7M	20x	as long as short
Lighter SOXL	+0.0048%	1h	137.33	−0.062%	$646K	$2.6M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	137.30	−0.084%	$20.7M	$31.1M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	137.25	−0.120%	$9K	$291K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	137.53	+0.084%	$215K	$402K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	137.09	−0.237%	$6.3M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDTshort	+0.0100%	1h	136.46	−0.695%	$35K	$144K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	137.23	−0.135%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	137.18	−0.169%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	136.84	−0.418%	$1.0M	$3.1M	10x	as long as short
GRVT SOXL_USDT_Perp	+0.0215%	8h	136.80	−0.448%	$63K	$193K	10x	as long as short
Bybit SOXLUSDT	+0.0271%	8h	137.39	−0.018%	$46.6M	$224.7M	100x	as long as short
edgeX SOXLUSDC	+0.0751%	4h	136.73	−0.501%	$170K	$332K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0990%	1h	137.23	−0.135%	$109K	$387K	10x	as long as short