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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h −0.018%
Price spread now: Bybit against ApeX Omni+0.555%69s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.911% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.365%−$37 · spread now +0.555%, 7d avg +0.041%
Together, before fees−0.332%−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.513% dearer against ApeX Omni than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT138.780.0100pay 0.0013% / 1h56m 30s$36K$144K50x
ShortBybit SOXLUSDT139.550.0244get 0.0244% / 8h6h 56m$46.7M$225.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against ApeX 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

Funding earned
$30.33
Price spread: +0.555% → +0.041%
$51.34
Slippage, 4 orders
−$70.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$9.42
Costs to cover
0.911%
Break-even
9.2 days
Slippage from ApeX Omni: live order book, 34 min ago; Bybit: live order book, 3 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 ApeX Omni live order book, 34 min ago28.34 bp39.5 bp −$40218.9 bp −$2,189doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.36 bp6.2 bp −$69.5 bp −$95109.3 bp −$10.9Kdoesn'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−0.1078%8h139.50+0.519%$59.2M$152.1M20xas long as short
Aster SOXLUSDT0.0000%8h139.52+0.533%$190K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h139.45+0.484%$42K$380K10xas long as short
Binance SOXLUSDT0.0000%8h139.46+0.490%$158.8M$1.56B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.52+0.533%$26.4M$245.4M20xas long as short
Gate SOXL_USDT0.0000%8h139.48+0.504%$29.9M$54.8M50xas long as short
MEXC SOXL_USDT0.0000%8h139.50+0.519%$13.1M$56.5M200xas long as short
Variational Omni SOXL0.0000%8h138.80+0.014%$1.9M$5.6Mas long as short
SunX SOXL-USDT0.0000%8h139.29+0.367%$1K$3.8M10xas long as short
HTX SOXL-USDT0.0000%8h139.11+0.238%$87K$1.2M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOXLUSDT0.0000%8h139.37+0.425%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0016%8h139.35+0.411%$1.3M$503K50xas long as short
Lighter RH SOXL+0.0032%1h139.49+0.512%$257K$1.7M20xas long as short
Polymarket Perps SOXL-USD+0.0050%1h139.52+0.533%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.21+0.310%$218K$397K10xas long as short
QFEX SOXL-USD+0.0057%1h139.46+0.490%$258K$264K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.43+0.468%$6.4M$10.5M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h138.78long leg$36K$144K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.50+0.519%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.25+0.337%$5K10xas long as short
Lighter SOXL+0.0120%1h139.51+0.526%$656K$2.6M20xas long as short
tradeXYZ xyz:SOXL+0.0143%1h139.45+0.483%$21.7M$32.4M10xas long as short
Coinbase International SOXL-PERP-INTX+0.0240%1h139.21+0.310%$979K$3.3M10xas long as short
Bybit SOXLUSDTshort+0.0244%8h139.55+0.555%$46.7M$225.9M100x
edgeX SOXLUSDC+0.0372%4h139.09+0.223%$173K$331K10xas long as short
GRVT SOXL_USDT_Perp+0.0396%8h138.77−0.007%$64K$194K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0612%1h139.29+0.367%$111K$386K10xas long as short
Kraken Futures PF_SOXLUSD+0.0969%1h139.24+0.333%$88K$342K20xas long as short