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−0.0127%/8h= −13.9% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against MEXC−0.071%51s7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.371%−$37 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.071%, 7d avg −0.151%
Together, before fees−0.389%−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.080% dearer against MEXC than usual: you sell high and buy low (spread −0.071% now, against its 7-day average of −0.151%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXL_USDT145.740.0011pay 0.0011% / 8h4h 33m$15.9M$49.1M200x
ShortKraken Futures PF_SOXLUSD145.64−0.0116pay 0.0014% / 1h33m 23s$88K$304K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$26.61
Price spread: −0.071% → −0.151%
$7.98
Slippage, 4 orders
−$48.13
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$76.76
Costs to cover
0.581%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Kraken Futures: live order book, 24 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, 6 min ago0.34 bp0.3 bp $00.3 bp −$31.8 bp −$1779.0 bp −$4,478
Sell Kraken Futures live order book, 24 min ago4.80 bp28.2 bp −$28doesn't fitdoesn'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_SOXLUSDshort−0.0116%1h145.64−0.071%$88K$304K20x
Aster SOXLUSDT0.0000%8h145.73−0.010%$233K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.740.000%$52.2M$186.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.66−0.055%$24.7M$197.1M20xas long as short
Gate SOXL_USDT0.0000%8h145.72−0.014%$27.4M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h145.72−0.014%$60.4M$112.9M20xas long as short
Variational Omni SOXL0.0000%8h145.73−0.007%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.71−0.021%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.73−0.007%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.71−0.021%$115K$286K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h145.76+0.014%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.71−0.021%$2.5M$1.2M10xas long as short
Binance SOXLUSDT+0.0008%8h145.75+0.004%$170.9M$1.24B50xas long as short
Extended SOXL-USD+0.0008%1h145.70−0.029%$24K$239K10xas long as short
BloFin SOXL-USDT+0.0010%8h145.740.000%$1.2M$479K50xas long as short
MEXC SOXL_USDTlong+0.0011%8h145.74long leg$15.9M$49.1M200x
QFEX SOXL-USD+0.0021%1h145.70−0.027%$269K$266K30xas long as short
Lighter SOXL+0.0032%1h145.72−0.014%$730K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.68−0.041%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.71−0.021%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.57−0.117%$208K$490K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.75+0.007%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.71−0.021%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.71−0.021%$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%1h145.68−0.041%$907K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0162%1h145.86+0.082%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0617%4h145.70−0.030%$182K$327K10xas long as short