Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h −0.125%

Price spread now: Orderly against edgeX−0.438%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.438% cheaper against edgeX than usual: you would sell low and buy high (spread −0.438% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 15 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SOXLUSDC	141.27	0.0005	pay 0.0003% / 4h	56m 42s	$176K	$333K	10x
Short	Orderly PERP_SOXL_USDC_mythos	140.65	0.0100	get 0.0100% / 8h	4h 56m	$1K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee OrderlybpOrdersPrice spread, now −0.438%Rate

Funding earned: $19.9
Price spread: −0.438% → 0.000%: −$43.82
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$38.93
Costs to cover: 0.150%
Break-even: 20.7 days

Slippage unknown: edgeX: live order book, 50 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 50 min ago	20.88 bp	26.0 bp −$26	30.2 bp −$302	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXL on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOXLUSD	−0.2692%	1h	140.55	−0.508%	$88K	$370K	20x	as long as short
Bitget SOXLUSDT	−0.0064%	8h	140.47	−0.566%	$58.3M	$163.7M	20x	as long as short
BloFin SOXL-USDT	−0.0021%	8h	140.65	−0.438%	$1.3M	$504K	50x	as long as short
QFEX SOXL-USD	−0.0001%	1h	140.34	−0.658%	$259K	$257K	30x	as long as short
Aster SOXLUSDT	0.0000%	8h	140.58	−0.484%	$180K	$1.4M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	140.46	−0.571%	$40K	$440K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	140.52	−0.531%	$161.6M	$1.68B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	140.44	−0.587%	$45.0M	$232.3M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	140.39	−0.622%	$25.2M	$261.5M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	140.45	−0.580%	$27.8M	$60.3M	50x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SOXL_USDT	0.0000%	8h	140.43	−0.594%	$16.4M	$61.7M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	141.08	−0.136%	$1.9M	$5.6M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	141.11	−0.112%	$66K	$198K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	140.62	−0.459%	$1K	$3.6M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	140.65	−0.438%	$138K	$405K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	140.91	−0.254%	$87K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	140.60	−0.474%	$2.3M	$1.2M	10x	as long as short
edgeX SOXLUSDClong	+0.0005%	4h	141.27	long leg	$176K	$333K	10x
Lighter SOXL	+0.0032%	1h	140.35	−0.651%	$673K	$2.7M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	140.33	−0.665%	$256K	$1.7M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	140.46	−0.573%	$22.2M	$33.5M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	140.48	−0.559%	$9K	$296K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	140.44	−0.587%	$204K	$387K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	140.47	−0.566%	$6.3M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	141.15	−0.084%	$37K	$144K	50x	as long as short
Orderly PERP_SOXL_USDC_mythosshort	+0.0100%	8h	140.65	−0.438%	$1K	$5K	20x
Aevo SOXL-PERP	+0.0104%	1h	140.62	−0.462%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0144%	1h	140.37	−0.636%	$790K	$3.5M	10x	as long as short