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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0634%/8h= +69.5% APRpaid last 24h +0.142%
Price spread now: edgeX against Bybit+0.127%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.407%+$41 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.127%, 7d avg −0.023%
Together, before fees+0.390%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and edgeX is 0.150% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.407% in total (about 21.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT140.410get 0.0000% / 8h4h 55m$44.8M$232.3M100x
ShortedgeX SOXLUSDC140.590.0634get 0.0317% / 4h55m 00s$175K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$133.22
Price spread: +0.127% → −0.023%
$14.99
Slippage, 4 orders
−$44.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$83.28
Costs to cover
0.649%
Break-even
2.6 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 51 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, 2 min ago0.35 bp7.1 bp −$713.0 bp −$13098.2 bp −$9,819doesn't fit
Sell edgeX live order book, 51 min ago20.88 bp26.0 bp −$2633.8 bp −$338doesn't fitdoesn't fit

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
Kraken Futures PF_SOXLUSD−0.2696%1h140.36−0.035%$88K$370K20xas long as short
Bitget SOXLUSDT−0.0057%8h140.42+0.007%$58.2M$163.8M20xas long as short
Deribit SOXL_USDC-PERPETUAL−0.0035%1h140.30−0.078%$137K$406K10xas long as short
QFEX SOXL-USD−0.0001%1h140.42+0.007%$259K$257K30xas long as short
Aster SOXLUSDT0.0000%8h140.46+0.034%$180K$1.4M50xas long as short
Extended SOXL-USD0.0000%1h140.38−0.021%$40K$440K10xas long as short
Binance SOXLUSDT0.0000%8h140.40−0.007%$161.4M$1.68B50xas long as short
Bybit SOXLUSDTlong0.0000%8h140.41long leg$44.8M$232.3M100x
OKX SOXL-USDT-SWAP0.0000%8h140.43+0.014%$25.2M$261.7M20xas long as short
Gate SOXL_USDT0.0000%8h140.38−0.021%$27.7M$60.4M50xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SOXL_USDT0.0000%8h140.35−0.043%$16.4M$61.7M200xas long as short
Variational Omni SOXL0.0000%8h140.37−0.030%$1.9M$5.6Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h140.70+0.206%$66K$198K10xas long as short
SunX SOXL-USDT0.0000%8h140.38−0.021%$1K$3.6M10xas long as short
HTX SOXL-USDT0.0000%8h140.46+0.036%$87K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h140.31−0.071%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0024%8h140.40−0.007%$1.3M$503K50xas long as short
Lighter SOXL+0.0032%1h140.28−0.093%$673K$2.7M20xas long as short
Lighter RH SOXL+0.0032%1h140.29−0.085%$256K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h140.34−0.050%$22.2M$33.5M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h140.35−0.043%$9K$296K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.31−0.071%$204K$396K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.42+0.007%$6.3M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.63+0.157%$37K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.37−0.028%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.43+0.017%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h140.36−0.036%$786K$3.5M10xas long as short
edgeX SOXLUSDCshort+0.0634%4h140.59+0.127%$175K$333K10x