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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bybit−0.113%102s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.113%, 7d avg +0.014%
Together, before fees+0.176%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.127% cheaper against Bybit than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.014%). If the spread goes back, that is −$13 on $10k: about 18 days of funding at the current rate (+$1 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT141.600get 0.0000% / 8h5h 43m$45.3M$231.3M100x
ShortBloFin SOXL-USDT141.440.0024get 0.0024% / 8h5h 43m$1.3M$506K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$5
Price spread: −0.113% → +0.014%
−$12.66
Slippage, 4 orders
−$4.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.3
Costs to cover
0.276%
Break-even
56.5 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 2 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, 4 min ago0.35 bp6.8 bp −$711.9 bp −$11991.4 bp −$9,143doesn't fit
Sell BloFin live order book, 2 min ago0.35 bp6.4 bp −$67.3 bp −$7317.4 bp −$1,74561.3 bp −$30.6K

SOXL on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXLUSDT−0.0407%8h141.57−0.021%$59.5M$163.0M20xas long as short
Aster SOXLUSDT0.0000%8h141.51−0.061%$181K$1.4M50xas long as short
Extended SOXL-USD0.0000%1h141.44−0.114%$41K$445K10xas long as short
Binance SOXLUSDT0.0000%8h141.55−0.035%$162.8M$1.66B50xas long as short
Bybit SOXLUSDTlong0.0000%8h141.60long leg$45.3M$231.3M100x
OKX SOXL-USDT-SWAP0.0000%8h141.57−0.021%$25.6M$262.3M20xas long as short
Gate SOXL_USDT0.0000%8h141.50−0.071%$28.2M$60.0M50xas long as short
MEXC SOXL_USDT0.0000%8h141.51−0.064%$20.6M$60.8M200xas long as short
Variational Omni SOXL0.0000%8h141.65+0.035%$1.9M$5.6Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.07+0.332%$66K$197K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h141.49−0.078%$1K$3.7M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h141.51−0.064%$115K$381K10xas long as short
HTX SOXL-USDT0.0000%8h141.37−0.162%$89K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h141.47−0.092%$2.3M$1.2M10xas long as short
QFEX SOXL-USD+0.0022%1h141.48−0.085%$262K$257K30xas long as short
BloFin SOXL-USDTshort+0.0024%8h141.44−0.113%$1.3M$506K50x
Lighter SOXL+0.0032%1h141.52−0.056%$680K$2.7M20xas long as short
Lighter RH SOXL+0.0032%1h141.49−0.078%$262K$1.8M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h141.52−0.056%$22.1M$33.2M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h141.30−0.212%$13K$293K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h141.41−0.134%$206K$398K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h141.58−0.014%$6.4M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.44−0.113%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.48−0.085%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h141.47−0.095%$5K10xas long as short
edgeX SOXLUSDC+0.0166%4h141.44−0.110%$176K$335K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h142.21+0.431%$827K$3.4M10xas long as short
Kraken Futures PF_SOXLUSD+0.0513%1h140.99−0.432%$88K$380K20xas long as short