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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0100%/8hpaid last 24h −0.167%
Price spread now: ApeX Omni against Bitget−0.418%103s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.430%−$43 on $10k
Price spread, last 3 days (all we have)+0.578%+$58 · spread now −0.418%, 7d avg −0.008%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.410% cheaper against Bitget than usual: you would sell low and buy high (spread −0.418% now, against its 7-day average of −0.008%). If the spread goes back, that is −$41 on $10k: about 14 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.430%, so the current rate has only just turned in your favour. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXLUSDT143.500get 0.0000% / 8h4h 21m$61.5M$106.1M20x
ShortApeX Omni SOXLUSDT142.900.0100get 0.0013% / 1h21m 46s$39K$142K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: −0.418% → −0.008%
−$41.02
Slippage, 4 orders
−$71.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$113.36
Costs to cover
0.933%
Break-even
44.8 days
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 8 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 Bitget live order book, 2 min ago0.35 bp7.2 bp −$710.9 bp −$10935.9 bp −$3,594doesn't fit
Sell ApeX Omni live order book, 8 min ago28.17 bp38.4 bp −$38198.0 bp −$1,980doesn'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
Kraken Futures PF_SOXLUSD−0.0143%1h143.18−0.221%$77K$292K20xas long as short
Aster SOXLUSDT0.0000%8h143.40−0.067%$275K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h143.42−0.055%$25K$316K10xas long as short
Binance SOXLUSDT0.0000%8h143.63+0.093%$166.1M$1.13B50xas long as short
Bybit SOXLUSDT0.0000%8h143.52+0.014%$51.2M$175.7M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h143.53+0.021%$28.2M$170.6M20xas long as short
Gate SOXL_USDT0.0000%8h143.44−0.042%$25.6M$39.7M50xas long as short
MEXC SOXL_USDT0.0000%8h143.44−0.042%$19.3M$42.6M200xas long as short
Bitget SOXLUSDTlong0.0000%8h143.50long leg$61.5M$106.1M20x
Variational Omni SOXL0.0000%8h142.69−0.561%$2.3M$4.9Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h142.86−0.446%$70K$201K10xas long as short
SunX SOXL-USDT0.0000%8h143.25−0.174%$950$4.8M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h143.36−0.098%$117K$378K10xas long as short
HTX SOXL-USDT0.0000%8h142.97−0.369%$179K$493K50xas long as short
Phemex SOXLUSDT0.0000%8h143.43−0.049%$2.5M$1.1M10xas long as short
BloFin SOXL-USDT+0.0005%8h143.03−0.328%$1.4M$528K50xas long as short
QFEX SOXL-USD+0.0018%1h143.14−0.251%$457K$134K30xas long as short
Lighter SOXL+0.0032%1h143.58+0.056%$636K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h143.52+0.014%$252K$1.9M20xas long as short
Coinbase International SOXL-PERP-INTX+0.0032%1h143.00−0.348%$675K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h143.28−0.153%$7K$263K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h142.94−0.390%$205K$905K10xas long as short
tradeXYZ xyz:SOXL+0.0070%1h143.52+0.014%$26.2M$22.3M10xas long as short
KuCoin SOXLUSDTM+0.0100%8h143.39−0.077%$6.9M$10.8M20xas long as short
ApeX Omni SOXLUSDTshort+0.0100%1h142.90−0.418%$39K$142K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h143.33−0.118%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h143.29−0.145%$6K10xas long as short
edgeX SOXLUSDC+0.0792%4h142.90−0.419%$178K$313K10xas long as short