Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1617%/8h= −177.1% APRpaid last 24h +0.034%

Price spread now: Bitget against Extended+0.077%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs+$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.439%+$44 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.077%, 7d avg −0.010%

Together, before fees+0.256%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.087% dearer against Extended than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.010%): +$9 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.439%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.439% in total (about 22.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SOXL-USD	140.51	0	get 0.0000% / 1h	46m 37s	$33K	$312K	10x
Short	Bitget SOXLUSDT	140.62	−0.1617	pay 0.1617% / 8h	2h 46m	$60.5M	$128.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$339.57
Price spread: +0.077% → −0.010%: $8.69
Slippage, 4 orders: −$5.07
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$352.95
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from Extended: live order book, 65 min ago; Bitget: live order book, 2 min ago.

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 Extended live order book, 65 min ago	0.35 bp	3.3 bp −$3	12.3 bp −$123	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.06 bp	7.5 bp −$8	12.0 bp −$120	33.7 bp −$3,370	52.3 bp −$26.2K

SOXL on 28 venues

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
Bitget SOXLUSDTshort	−0.1617%	8h	140.62	+0.077%	$60.5M	$128.4M	20x
BloFin SOXL-USDT	−0.0009%	8h	140.44	−0.052%	$1.2M	$471K	50x	as long as short
Aster SOXLUSDT	0.0000%	8h	140.52	+0.008%	$206K	$1.7M	50x	as long as short
Extended SOXL-USDlong	0.0000%	1h	140.51	long leg	$33K	$312K	10x
Binance SOXLUSDT	0.0000%	8h	140.55	+0.027%	$164.8M	$1.36B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	140.53	+0.013%	$46.6M	$216.3M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	140.57	+0.041%	$25.5M	$210.3M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	140.52	+0.005%	$25.9M	$46.3M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	140.55	+0.027%	$16.7M	$52.3M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	141.31	+0.568%	$2.2M	$5.0M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	141.31	+0.567%	$67K	$196K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	140.48	−0.023%	$1K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	140.46	−0.037%	$109K	$333K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	140.54	+0.020%	$102K	$1.1M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	140.49	−0.016%	$2.4M	$1.2M	10x	as long as short
Lighter RH SOXL	+0.0032%	1h	140.46	−0.037%	$264K	$1.7M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	140.60	+0.062%	$207K	$500K	10x	as long as short
QFEX SOXL-USD	+0.0053%	1h	140.63	+0.084%	$260K	$266K	30x	as long as short
Lighter SOXL	+0.0056%	1h	140.49	−0.016%	$694K	$2.3M	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	140.56	+0.034%	$6.7M	$10.5M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	141.27	+0.539%	$37K	$141K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	140.46	−0.037%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	140.49	−0.015%	$5K	—	10x	as long as short
tradeXYZ xyz:SOXL	+0.0114%	1h	140.51	−0.002%	$25.1M	$24.1M	10x	as long as short
edgeX SOXLUSDC	+0.0169%	4h	140.93	+0.296%	$176K	$330K	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0184%	1h	140.78	+0.190%	$894K	$2.9M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0488%	1h	140.68	+0.119%	$3K	$269K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0651%	1h	140.51	−0.005%	$85K	$299K	20x	as long as short