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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.018%
Price spread now: ApeX Omni against Bybit−0.083%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$910.911% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$6 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.083%, 7d avg −0.047%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.036% cheaper against Bybit than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.047%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT145.110get 0.0000% / 8h4h 11m$50.6M$188.6M100x
ShortApeX Omni SOXLUSDT144.990.0100get 0.0013% / 1h11m 27s$38K$143K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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: −0.083% → −0.047%
−$3.57
Slippage, 4 orders
−$70.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$73.64
Costs to cover
0.911%
Break-even
31.5 days
Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 44 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 Bybit live order book, 3 min ago0.34 bp5.9 bp −$69.4 bp −$9483.1 bp −$8,308doesn't fit
Sell ApeX Omni live order book, 44 min ago23.29 bp33.9 bp −$34205.7 bp −$2,057doesn'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−0.0116%1h145.09−0.012%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h145.09−0.014%$232K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.08−0.018%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.12+0.008%$169.4M$1.25B50xas long as short
Bybit SOXLUSDTlong0.0000%8h145.11long leg$50.6M$188.6M100x
OKX SOXL-USDT-SWAP0.0000%8h145.110.000%$24.5M$197.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.09−0.014%$27.2M$43.2M50xas long as short
MEXC SOXL_USDT0.0000%8h145.15+0.028%$15.0M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h145.12+0.007%$60.1M$113.1M20xas long as short
Variational Omni SOXL0.0000%8h145.07−0.028%$2.4M$4.7Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h144.97−0.096%$71K$177K10xas long as short
SunX SOXL-USDT0.0000%8h145.01−0.069%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.99−0.083%$114K$290K10xas long as short
HTX SOXL-USDT0.0000%8h144.99−0.083%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.02−0.062%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.07−0.028%$268K$266K30xas long as short
BloFin SOXL-USDT+0.0023%8h144.97−0.096%$1.2M$476K50xas long as short
Lighter SOXL+0.0032%1h145.09−0.014%$728K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.06−0.034%$275K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.12+0.007%$25.5M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.82−0.200%$207K$488K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.09−0.014%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDTshort+0.0100%1h144.99−0.083%$38K$143K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.00−0.076%$1K$5K20xas long as short
edgeX SOXLUSDC+0.0101%4h144.95−0.112%$181K$329K10xas long as short
Aevo SOXL-PERP+0.0104%1h145.00−0.077%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h144.92−0.131%$901K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0160%1h145.25+0.096%$3K$269K10xas long as short