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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.039%
Price spread now: Coinbase International against Gate+0.069%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$450.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.460%+$46 on $10k
Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.069%, 7d avg +0.005%
Together, before fees+0.311%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.063% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOXL_USDT145.980get 0.0000% / 8h5h 01m$27.4M$43.0M50x
ShortCoinbase International SOXL-PERP-INTX146.080.0160get 0.0020% / 1h1m 36s$921K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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
$33.6
Price spread: +0.069% → +0.005%
$6.31
Slippage, 4 orders
−$20.34
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$5.43
Costs to cover
0.453%
Break-even
8.1 days
Slippage from Gate: live order book, 2 min ago; Coinbase International: live order book, 2 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 Gate live order book, 2 min ago1.03 bp11.8 bp −$1230.7 bp −$30741.5 bp −$4,14555.1 bp −$27.6K
Sell Coinbase International live order book, 2 min ago4.80 bp9.8 bp −$1013.2 bp −$132doesn'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%8h146.00+0.017%$237K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h146.03+0.034%$52.4M$185.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.95−0.021%$25.1M$195.4M20xas long as short
Gate SOXL_USDTlong0.0000%8h145.98long leg$27.4M$43.0M50x
Bitget SOXLUSDT0.0000%8h145.97−0.007%$60.5M$112.4M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h146.13+0.105%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.94−0.027%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.99+0.007%$184K$573K50xas long as short
Phemex SOXLUSDT0.0000%8h146.00+0.014%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.85−0.089%$270K$266K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL+0.0017%8h145.98−0.002%$2.4M$4.8Mas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h145.84−0.098%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.980.000%$739K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h145.95−0.021%$280K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.97−0.007%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.91−0.048%$208K$550K10xas long as short
MEXC SOXL_USDT+0.0060%8h145.980.000%$14.2M$49.3M200xas long as short
Binance SOXLUSDT+0.0060%8h145.99+0.007%$170.9M$1.24B50xas long as short
Extended SOXL-USD+0.0064%1h145.94−0.027%$26K$247K10xas long as short
BloFin SOXL-USDT+0.0075%8h145.75−0.158%$1.2M$479K50xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.96−0.014%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.13+0.103%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.93−0.034%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.92−0.044%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0160%1h146.08+0.069%$921K$2.6M10x
Polymarket Perps SOXL-USD+0.0290%1h146.06+0.055%$3K$269K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0298%1h145.95−0.021%$116K$280K10xas long as short
edgeX SOXLUSDC+0.0784%4h146.02+0.030%$182K$326K10xas long as short