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−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against ApeX Omni−0.275%73s7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1371.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 4 days (all we have)+1.008%+$101 · spread now −0.275%, 7d avg +0.061%
Together, before fees+0.835%+$84 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 SunX is 0.336% cheaper against ApeX Omni than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.061%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOXLUSDT145.490.0100pay 0.0013% / 1h25m 35s$38K$143K50x
ShortSunX SOXL-USDT145.090get 0.0000% / 8h5h 25m$1K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.275% → +0.061%
−$33.57
Slippage, 4 orders
−$119.44
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$192.02
Costs to cover
1.374%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 35 min ago; SunX: 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, 35 min ago23.85 bp34.0 bp −$34205.9 bp −$2,059doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago28.61 bp32.6 bp −$3362.1 bp −$621doesn'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
Aster SOXLUSDT0.0000%8h145.03−0.316%$244K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h144.99−0.344%$52.0M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.93−0.385%$24.7M$191.4M20xas long as short
Gate SOXL_USDT0.0000%8h144.96−0.364%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h144.97−0.357%$60.1M$111.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.323%$71K$175K10xas long as short
SunX SOXL-USDTshort0.0000%8h145.09−0.275%$1K$4.3M10x
HTX SOXL-USDT0.0000%8h145.27−0.151%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.11−0.261%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h144.95−0.371%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.08−0.282%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h144.92−0.392%$798K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h144.90−0.406%$328K$1.7M20xas long as short
Variational Omni SOXL+0.0042%8h145.06−0.299%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.87−0.426%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.21−0.192%$207K$582K10xas long as short
BloFin SOXL-USDT+0.0074%8h145.06−0.296%$1.2M$478K50xas long as short
Extended SOXL-USD+0.0080%1h144.92−0.391%$24K$244K10xas long as short
Binance SOXLUSDT+0.0081%8h144.96−0.364%$169.0M$1.23B50xas long as short
MEXC SOXL_USDT+0.0082%8h144.94−0.378%$15.3M$49.0M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.00−0.337%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDTlong+0.0100%1h145.49long leg$38K$143K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.03−0.316%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.01−0.327%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.03−0.316%$816K$2.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0233%1h145.08−0.282%$115K$279K10xas long as short
Polymarket Perps SOXL-USD+0.0249%1h145.20−0.199%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0942%4h145.22−0.188%$181K$324K10xas long as short