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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0732%/8h= +80.2% APRpaid last 24h +0.121%
Price spread now: edgeX against Kraken Futures+0.041%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1101.104% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.666%+$67 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now +0.041%, 7d avg +0.069%
Together, before fees+0.816%+ Points / potential airdropedgeX: Active · farm board+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.028% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.069%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.666% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD145.64−0.0116get 0.0014% / 1h33m 38s$88K$304K20x
ShortedgeX SOXLUSDC145.700.0617get 0.0308% / 4h33m 38s$182K$327K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$153.82
Price spread: +0.041% → +0.069%
−$2.82
Slippage, 4 orders
−$91.42
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$40.58
Costs to cover
1.104%
Break-even
5.2 days
Slippage from Kraken Futures: live order book, 24 min ago; edgeX: live order book, 25 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, 24 min ago4.80 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 25 min ago20.90 bp26.2 bp −$2638.2 bp −$382doesn'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
Kraken Futures PF_SOXLUSDlong−0.0116%1h145.64long leg$88K$304K20x
Aster SOXLUSDT0.0000%8h145.73+0.067%$233K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.76+0.085%$52.2M$186.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.72+0.058%$24.7M$197.1M20xas long as short
Gate SOXL_USDT0.0000%8h145.72+0.058%$27.4M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h145.72+0.058%$60.4M$112.9M20xas long as short
Variational Omni SOXL0.0000%8h145.73+0.064%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.71+0.050%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.73+0.064%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.71+0.051%$115K$286K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h145.76+0.085%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.71+0.051%$2.5M$1.2M10xas long as short
Binance SOXLUSDT+0.0008%8h145.75+0.077%$170.9M$1.24B50xas long as short
Extended SOXL-USD+0.0008%1h145.70+0.042%$24K$239K10xas long as short
BloFin SOXL-USDT+0.0010%8h145.74+0.071%$1.2M$479K50xas long as short
MEXC SOXL_USDT+0.0011%8h145.73+0.064%$15.9M$49.1M200xas long as short
QFEX SOXL-USD+0.0021%1h145.70+0.044%$269K$266K30xas long as short
Lighter SOXL+0.0032%1h145.72+0.058%$730K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.68+0.030%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.69+0.037%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.57−0.045%$208K$490K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.74+0.071%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.71+0.051%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.72+0.058%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.69+0.036%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.68+0.030%$907K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0160%1h145.81+0.119%$3K$269K10xas long as short
edgeX SOXLUSDCshort+0.0617%4h145.70+0.041%$182K$327K10x