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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0245%/8h= −26.8% APRpaid last 24h +0.020%
Price spread now: Polymarket Perps against Bitget−0.014%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.134%−$13 on $10k
Price spread, last 4 days (all we have)+0.814%+$81 · spread now −0.014%, 7d avg +0.028%
Together, before fees+0.680%+$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.042% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOXLUSDT144.640.0295pay 0.0295% / 8h6h 39m$60.1M$112.5M20x
ShortPolymarket Perps SOXL-USD144.620.0050get 0.0006% / 1h39m 30s$3K$269K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$51.45
Price spread: −0.014% → +0.028%
−$4.21
Slippage, 4 orders
−$11.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$87.35
Costs to cover
0.317%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Polymarket Perps: live order book, 28 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, 5 min ago0.69 bp7.7 bp −$812.3 bp −$12327.5 bp −$2,75442.2 bp −$21.1K
Sell Polymarket Perps live order book, 28 min ago3.40 bp9.0 bp −$910.0 bp −$100doesn'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%8h144.62−0.011%$248K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.55−0.062%$52.3M$184.2M100xas long as short
Gate SOXL_USDT0.0000%8h144.49−0.104%$27.1M$40.9M50xas long as short
SunX SOXL-USDT0.0000%8h145.11+0.325%$1K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.85+0.145%$118K$276K10xas long as short
HTX SOXL-USDT0.0000%8h145.39+0.519%$184K$616K50xas long as short
Phemex SOXLUSDT0.0000%8h144.80+0.111%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h144.49−0.104%$267K$271K30xas long as short
Lighter SOXL+0.0032%1h144.56−0.055%$810K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h144.59−0.035%$347K$1.8M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h144.56−0.055%$25.6M$22.5M10xas long as short
Polymarket Perps SOXL-USDshort+0.0050%1h144.62−0.014%$3K$269K10x
Ondo Perps SOXL-USD.P+0.0050%1h145.41+0.532%$207K$658K10xas long as short
OKX SOXL-USDT-SWAP+0.0060%8h144.640.000%$24.9M$190.1M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.640.000%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.32+0.470%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.84+0.138%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.85+0.145%$6K10xas long as short
GRVT SOXL_USDT_Perp+0.0143%8h145.28+0.440%$71K$168K10xas long as short
Variational Omni SOXL+0.0179%8h145.26+0.430%$2.4M$4.9Mas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.25+0.422%$839K$2.5M10xas long as short
BloFin SOXL-USDT+0.0206%8h145.57+0.643%$1.3M$490K50xas long as short
Binance SOXLUSDT+0.0208%8h144.44−0.138%$169.7M$1.23B50xas long as short
Extended SOXL-USD+0.0208%1h144.47−0.117%$24K$263K10xas long as short
MEXC SOXL_USDT+0.0210%8h144.53−0.076%$14.9M$47.7M200xas long as short
Bitget SOXLUSDTlong+0.0295%8h144.64long leg$60.1M$112.5M20x
Kraken Futures PF_SOXLUSD+0.0414%1h144.78+0.094%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0844%4h145.31+0.461%$181K$322K10xas long as short