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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0082%/8h= +8.9% APRpaid last 24h −0.042%
Price spread now: Orderly against Kraken Futures+0.028%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.028% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD144.890.0018pay 0.0002% / 1h25m 13s$88K$304K20x
ShortOrderly PERP_SOXL_USDC_mythos144.930.0100get 0.0100% / 8h5h 25m$1K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$17.16
Price spread: +0.028% → 0.000%
$2.79
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.95
Costs to cover
0.160%
Break-even
5.4 days
Slippage unknown: Kraken Futures: live order book, 37 min ago; Orderly: no order-book sample. Net counts fees only.

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 Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h144.98+0.061%$244K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h144.93+0.028%$52.0M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.88−0.007%$24.7M$191.4M20xas long as short
Gate SOXL_USDT0.0000%8h144.93+0.028%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h144.92+0.021%$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%1h144.87−0.013%$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%8h144.92+0.023%$169.0M$1.23B50xas long as short
MEXC SOXL_USDT+0.0082%8h144.92+0.021%$15.3M$49.0M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.98+0.062%$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_mythosshort+0.0100%8h144.93+0.028%$1K$5K20x
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-INTX+0.0160%1h145.03+0.097%$816K$2.4M10xas long as short
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