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−0.0631%/8h= −69.1% APRpaid last 24h −0.155%
Price spread now: SunX against edgeX−0.287%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1171.172% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.613%−$61 on $10k
Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.287%, 7d avg +0.028%
Together, before fees−0.375%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and SunX is 0.314% cheaper against edgeX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXLUSDC136.940.0631pay 0.0316% / 4h3h 34m$170K$332K10x
ShortSunX SOXL-USDT136.550get 0.0000% / 8h7h 34m$1K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$132.54
Price spread: −0.287% → +0.028%
−$31.41
Slippage, 4 orders
−$100.16
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$281.12
Costs to cover
1.172%
Break-even
never at this rate
Slippage from edgeX: live order book, 63 min ago; SunX: live order book, 3 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 edgeX live order book, 63 min ago20.53 bp25.8 bp −$2630.5 bp −$305doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago28.84 bp32.8 bp −$3362.3 bp −$623doesn'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
Bitget SOXLUSDT−0.1572%8h136.67−0.199%$58.2M$145.4M20xas long as short
Kraken Futures PF_SOXLUSD−0.0121%1h136.65−0.210%$77K$317K20xas long as short
Aster SOXLUSDT0.0000%8h136.52−0.309%$182K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h136.58−0.262%$70K$364K10xas long as short
Binance SOXLUSDT0.0000%8h136.62−0.235%$161.1M$1.49B50xas long as short
Bybit SOXLUSDT0.0000%8h136.62−0.235%$45.5M$221.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h136.62−0.235%$25.3M$227.0M20xas long as short
Gate SOXL_USDT0.0000%8h136.62−0.235%$28.8M$51.1M50xas long as short
MEXC SOXL_USDT0.0000%8h136.61−0.243%$21.3M$56.8M200xas long as short
Variational Omni SOXL0.0000%8h136.57−0.270%$1.8M$5.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h136.90−0.033%$63K$194K10xas long as short
SunX SOXL-USDTshort0.0000%8h136.55−0.287%$1K$3.9M10x
HTX SOXL-USDT0.0000%8h136.67−0.199%$86K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h136.70−0.177%$2.3M$1.2M10xas long as short
QFEX SOXL-USD+0.0022%1h136.68−0.192%$252K$264K30xas long as short
BloFin SOXL-USDT+0.0027%8h136.56−0.279%$1.2M$491K50xas long as short
Lighter SOXL+0.0032%1h136.54−0.294%$653K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h136.53−0.301%$231K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h136.46−0.352%$20.1M$29.8M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h136.58−0.265%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h136.65−0.214%$208K$420K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h136.60−0.250%$6.3M$10.7M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h136.81−0.097%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h136.54−0.294%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h136.55−0.286%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0208%1h137.34+0.290%$930K$3.0M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0483%1h136.58−0.265%$109K$387K10xas long as short
edgeX SOXLUSDClong+0.0631%4h136.94long leg$170K$332K10x