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+0.0152%/8h= +16.6% APRpaid last 24h +0.031%
Price spread now: Coinbase International against MEXC+0.007%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$160.162% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.007%, 7d avg −0.073%
Together, before fees+0.084%+$8 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 0.079% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXL_USDT145.210get 0.0000% / 8h4h 07m$15.1M$49.7M200x
ShortCoinbase International SOXL-PERP-INTX145.220.0152get 0.0019% / 1h7m 48s$903K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
$31.92
Price spread: +0.007% → −0.073%
$7.95
Slippage, 4 orders
−$6.2
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$23.67
Costs to cover
0.162%
Break-even
1.8 days
Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 1 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 MEXC live order book, 1 min ago0.34 bp0.3 bp $00.9 bp −$92.8 bp −$28228.2 bp −$14.1K
Sell Coinbase International live order book, 1 min ago2.75 bp7.8 bp −$811.1 bp −$111doesn'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_SOXLUSD−0.0116%1h145.23+0.016%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h145.27+0.039%$233K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.23+0.013%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.23+0.014%$169.5M$1.25B50xas long as short
Bybit SOXLUSDT0.0000%8h145.23+0.014%$50.6M$189.2M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.22+0.007%$24.7M$197.5M20xas long as short
Gate SOXL_USDT0.0000%8h145.24+0.021%$27.2M$43.3M50xas long as short
MEXC SOXL_USDTlong0.0000%8h145.21long leg$15.1M$49.7M200x
Bitget SOXLUSDT0.0000%8h145.23+0.014%$60.1M$113.1M20xas long as short
Variational Omni SOXL0.0000%8h145.08−0.091%$2.4M$4.7Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h145.26+0.034%$71K$177K10xas long as short
SunX SOXL-USDT0.0000%8h145.24+0.021%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.28+0.048%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.29+0.055%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h145.17−0.028%$268K$266K30xas long as short
BloFin SOXL-USDT+0.0029%8h145.210.000%$1.2M$476K50xas long as short
Lighter SOXL+0.0032%1h145.210.000%$729K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.18−0.021%$276K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.20−0.007%$25.5M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.20−0.007%$207K$489K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.23+0.014%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.26+0.034%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.23+0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.20−0.006%$6K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0152%1h145.22+0.007%$903K$2.6M10x
Polymarket Perps SOXL-USD+0.0161%1h145.28+0.048%$3K$268K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0163%1h145.27+0.041%$114K$291K10xas long as short
edgeX SOXLUSDC+0.0262%4h145.12−0.061%$181K$327K10xas long as short