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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against ApeX Omni−0.230%81s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$990.987% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.186%−$19 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.230%, 7d avg +0.018%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.248% cheaper against ApeX Omni than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT139.130.0100pay 0.0013% / 1h46m 03s$36K$142K50x
ShortGate SOXL_USDT138.810get 0.0000% / 8h46m 03s$28.4M$49.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: −0.230% → +0.018%
−$24.83
Slippage, 4 orders
−$73.69
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$144.52
Costs to cover
0.987%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 55 min ago; Gate: 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, 55 min ago26.75 bp37.3 bp −$37178.3 bp −$1,783doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.72 bp13.6 bp −$1428.8 bp −$28834.9 bp −$3,48845.6 bp −$22.8K

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−0.2095%8h138.98−0.108%$60.6M$141.8M20xas long as short
Aster SOXLUSDT0.0000%8h138.85−0.200%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.78−0.248%$52K$358K10xas long as short
Binance SOXLUSDT0.0000%8h138.81−0.230%$163.4M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.82−0.223%$46.1M$227.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.75−0.273%$26.3M$227.5M20xas long as short
Gate SOXL_USDTshort0.0000%8h138.81−0.230%$28.4M$49.8M50x
MEXC SOXL_USDT0.0000%8h138.78−0.252%$15.0M$54.8M200xas long as short
Variational Omni SOXL0.0000%8h138.56−0.411%$1.9M$5.5Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.64−0.356%$64K$204K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.79−0.244%$1K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h139.19+0.043%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.80−0.237%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0005%8h139.23+0.072%$1.3M$471K50xas long as short
Lighter RH SOXL+0.0032%1h138.69−0.316%$262K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h139.01−0.086%$257K$264K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.63−0.359%$21.1M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.60−0.381%$212K$459K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.83−0.218%$81K$300K20xas long as short
Lighter SOXL+0.0088%1h138.73−0.288%$674K$2.4M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.82−0.223%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h139.13long leg$36K$142K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.83−0.216%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.80−0.239%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.01−0.086%$951K$3.1M10xas long as short
Polymarket Perps SOXL-USD+0.0222%1h138.86−0.194%$9K$292K10xas long as short
edgeX SOXLUSDC+0.0375%4h138.56−0.409%$173K$331K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0399%1h138.76−0.266%$108K$358K10xas long as short