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+0.0147%/8h= +16.1% APRpaid last 24h +0.054%
Price spread now: Kraken Futures against BloFin−0.175%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$750.754% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.451%−$45 on $10k
Price spread, last 3 days (all we have)+0.180%+$18 · spread now −0.175%, 7d avg −0.118%
Together, before fees−0.271%−$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of −0.118%). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.451%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SOXL-USDT146.700.0262pay 0.0262% / 8h6h 58m$1.3M$494K50x
ShortKraken Futures PF_SOXLUSD146.440.0410get 0.0051% / 1h58m 53s$89K$304K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$30.93
Price spread: −0.175% → −0.118%
−$5.7
Slippage, 4 orders
−$53.35
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$50.11
Costs to cover
0.754%
Break-even
18.3 days
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: live order book, 9 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 BloFin live order book, 4 min ago0.34 bp6.3 bp −$69.3 bp −$9317.8 bp −$1,78336.9 bp −$18.4K
Sell Kraken Futures live order book, 9 min ago4.43 bp37.8 bp −$38doesn't fitdoesn'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
Ondo Perps SOXL-USD.P−0.0075%1h146.62−0.055%$229K$723K10xas long as short
Bybit SOXLUSDT0.0000%8h146.40−0.204%$52.9M$182.9M100xas long as short
Gate SOXL_USDT0.0000%8h146.40−0.204%$27.3M$39.5M50xas long as short
SunX SOXL-USDT0.0000%8h146.66−0.027%$1K$4.5M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h146.37−0.225%$119K$287K10xas long as short
Phemex SOXLUSDT0.0000%8h146.38−0.218%$2.5M$1.2M10xas long as short
Aster SOXLUSDT+0.0020%8h146.48−0.148%$253K$1.6M50xas long as short
Lighter SOXL+0.0032%1h146.38−0.218%$815K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h146.41−0.198%$348K$1.8M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h146.36−0.232%$26.2M$22.2M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SOXL-USD+0.0070%1h146.58−0.082%$271K$271K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.46−0.164%$7.0M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.58−0.082%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.67−0.020%$1K$5K20xas long as short
OKX SOXL-USDT-SWAP+0.0103%8h146.35−0.239%$26.4M$190.3M20xas long as short
Aevo SOXL-PERP+0.0104%1h146.59−0.076%$6K10xas long as short
HTX SOXL-USDT+0.0183%8h146.72+0.014%$185K$624K50xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h146.66−0.027%$943K$2.4M10xas long as short
Polymarket Perps SOXL-USD+0.0206%1h146.73+0.020%$5K$266K10xas long as short
Variational Omni SOXL+0.0238%8h146.74+0.027%$2.4M$5.0Mas long as short
BloFin SOXL-USDTlong+0.0262%8h146.70long leg$1.3M$494K50x
Extended SOXL-USD+0.0272%1h146.29−0.279%$25K$273K10xas long as short
MEXC SOXL_USDT+0.0273%8h146.30−0.273%$14.0M$46.8M200xas long as short
Binance SOXLUSDT+0.0275%8h146.34−0.243%$171.6M$1.22B50xas long as short
Kraken Futures PF_SOXLUSDshort+0.0410%1h146.44−0.175%$89K$304K20x
Bitget SOXLUSDT+0.0646%8h146.44−0.177%$61.7M$112.6M20xas long as short
GRVT SOXL_USDT_Perp+0.0738%8h146.75+0.032%$72K$164K10xas long as short
edgeX SOXLUSDC+0.0851%4h146.64−0.042%$183K$323K10xas long as short