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+0.0451%/8h= +49.4% APRpaid last 24h +0.108%
Price spread now: edgeX against KuCoin−0.083%68s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.804% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)+0.386%+$39 · spread now −0.083%, 7d avg +0.002%
Together, before fees+0.559%+ Points / potential airdropedgeX: Active · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.002%). If the spread goes back, that is −$8 on $10k: about 15 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.173% in total) that is about 3.4 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXLUSDTM145.150.0100pay 0.0100% / 8h6h 14m$6.9M$10.4M20x
ShortedgeX SOXLUSDC145.030.0551get 0.0275% / 4h2h 14m$181K$324K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
$94.68
Price spread: −0.083% → +0.002%
−$8.48
Slippage, 4 orders
−$59.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$5.78
Costs to cover
0.804%
Break-even
6.6 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 54 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 KuCoin live order book, 4 min ago0.34 bp14.9 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 54 min ago20.76 bp26.5 bp −$2638.3 bp −$383doesn't fitdoesn't fit

SOXL on 27 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%8h145.13−0.017%$244K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.12−0.021%$51.8M$186.1M100xas long as short
Gate SOXL_USDT0.0000%8h145.06−0.062%$27.2M$42.1M50xas long as short
Bitget SOXLUSDT0.0000%8h145.07−0.055%$60.2M$112.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.18+0.019%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.10−0.034%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.00−0.103%$118K$279K10xas long as short
HTX SOXL-USDT0.0000%8h145.12−0.021%$184K$575K50xas long as short
Phemex SOXLUSDT0.0000%8h145.02−0.090%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.00−0.103%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SOXL+0.0032%1h144.94−0.145%$811K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.03−0.083%$357K$1.8M20xas long as short
OKX SOXL-USDT-SWAP+0.0040%8h145.11−0.028%$24.6M$192.6M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.08−0.048%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.09−0.041%$207K$642K10xas long as short
KuCoin SOXLUSDTMlong+0.0100%8h145.15long leg$6.9M$10.4M20x
ApeX Omni SOXLUSDT+0.0100%1h145.13−0.014%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.150.000%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.12−0.024%$6K10xas long as short
Polymarket Perps SOXL-USD+0.0124%1h145.21+0.041%$3K$269K10xas long as short
Variational Omni SOXL+0.0127%8h145.07−0.056%$2.4M$4.9Mas long as short
Binance SOXLUSDT+0.0163%8h145.07−0.055%$169.5M$1.24B50xas long as short
MEXC SOXL_USDT+0.0165%8h145.12−0.021%$15.9M$48.8M200xas long as short
Extended SOXL-USD+0.0168%1h145.00−0.101%$25K$245K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h145.64+0.338%$806K$2.5M10xas long as short
Kraken Futures PF_SOXLUSD+0.0413%1h145.17+0.015%$88K$304K20xas long as short
edgeX SOXLUSDCshort+0.0551%4h145.03−0.083%$181K$324K10x