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+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.027%
Price spread now: Polymarket Perps against Coinbase International+0.077%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.077%, 7d avg −0.006%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.083% dearer against Coinbase International than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SOXL-PERP-INTX143.470.0120pay 0.0015% / 1h41m 38s$762K$2.7M10x
ShortPolymarket Perps SOXL-USD143.580.0178get 0.0022% / 1h41m 38s$3K$268K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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
$12.28
Price spread: +0.077% → −0.006%
$8.25
Slippage, 4 orders
−$13.91
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$11.38
Costs to cover
0.319%
Break-even
13.5 days
Slippage from Coinbase International: live order book, 2 min ago; Polymarket Perps: live order book, 10 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 Coinbase International live order book, 2 min ago3.14 bp8.1 bp −$813.3 bp −$133doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 10 min ago3.48 bp8.2 bp −$89.7 bp −$97doesn'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%8h143.13−0.240%$229K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h142.88−0.415%$19K$250K10xas long as short
Binance SOXLUSDT0.0000%8h142.85−0.429%$166.0M$1.27B50xas long as short
Bybit SOXLUSDT0.0000%8h142.90−0.397%$47.3M$196.7M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h142.91−0.390%$24.0M$198.4M20xas long as short
Gate SOXL_USDT0.0000%8h142.94−0.369%$26.4M$43.8M50xas long as short
MEXC SOXL_USDT0.0000%8h142.96−0.355%$14.9M$49.8M200xas long as short
Bitget SOXLUSDT0.0000%8h143.14−0.230%$59.2M$115.9M20xas long as short
Variational Omni SOXL0.0000%8h143.77+0.209%$2.3M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h143.54+0.048%$68K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h143.48+0.007%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h143.48+0.007%$181K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h143.45−0.014%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h142.95−0.362%$264K$266K30xas long as short
BloFin SOXL-USDT+0.0004%8h143.46−0.007%$1.2M$471K50xas long as short
Lighter SOXL+0.0032%1h143.05−0.293%$705K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h142.91−0.390%$269K$1.8M20xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h143.59+0.087%$87K$286K20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h143.04−0.300%$25.0M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.09−0.265%$200K$487K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h143.07−0.279%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h143.55+0.056%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h143.45−0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h143.42−0.034%$6K10xas long as short
Coinbase International SOXL-PERP-INTXlong+0.0120%1h143.47long leg$762K$2.7M10x
Polymarket Perps SOXL-USDshort+0.0178%1h143.58+0.077%$3K$268K10x
edgeX SOXLUSDC+0.0187%4h143.42−0.036%$179K$327K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0308%1h143.48+0.007%$112K$317K10xas long as short