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+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h −0.033%
Price spread now: Coinbase International against Kraken Futures+0.097%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.572%+$57 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.097%, 7d avg +0.078%
Together, before fees+0.483%+$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD144.890.0018pay 0.0002% / 1h25m 10s$88K$304K20x
ShortCoinbase International SOXL-PERP-INTX145.030.0160get 0.0020% / 1h25m 10s$816K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Kraken Futures. 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
$29.76
Price spread: +0.097% → +0.078%
$1.9
Slippage, 4 orders
−$57.63
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$45.97
Costs to cover
0.776%
Break-even
17.8 days
Slippage from Kraken Futures: live order book, 37 min ago; Coinbase International: live order book, 4 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 Kraken Futures live order book, 37 min ago4.82 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago3.10 bp8.4 bp −$814.0 bp −$140doesn'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%8h144.96+0.052%$244K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h144.97+0.056%$52.0M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.93+0.028%$24.7M$191.4M20xas long as short
Gate SOXL_USDT0.0000%8h144.890.000%$27.2M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h144.90+0.007%$60.1M$111.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02+0.090%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h144.96+0.049%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h144.91+0.014%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h144.87−0.013%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h144.95+0.042%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSDlong+0.0018%1h144.89long leg$88K$304K20x
Lighter SOXL+0.0032%1h144.86−0.020%$798K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h144.90+0.007%$328K$1.7M20xas long as short
Variational Omni SOXL+0.0042%8h145.06+0.114%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.84−0.034%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.21+0.221%$207K$582K10xas long as short
Extended SOXL-USD+0.0080%1h144.91+0.014%$24K$244K10xas long as short
Binance SOXLUSDT+0.0081%8h144.93+0.028%$169.0M$1.23B50xas long as short
MEXC SOXL_USDT+0.0082%8h144.90+0.007%$15.3M$49.0M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.97+0.056%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.04+0.104%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.93+0.028%$1K$5K20xas long as short
BloFin SOXL-USDT+0.0103%8h144.96+0.049%$1.2M$478K50xas long as short
Aevo SOXL-PERP+0.0104%1h144.92+0.024%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0160%1h145.03+0.097%$816K$2.4M10x
Deribit SOXL_USDC-PERPETUAL+0.0164%1h144.93+0.028%$115K$279K10xas long as short
Polymarket Perps SOXL-USD+0.0249%1h145.04+0.104%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0922%4h145.00+0.079%$181K$324K10xas long as short