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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against MEXC+0.021%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.021%, 7d avg −0.059%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.080% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXL_USDT145.050.0077pay 0.0077% / 8h5h 23m$15.3M$49.0M200x
ShortKuCoin SOXLUSDTM145.080.0100get 0.0100% / 8h5h 23m$6.9M$10.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$4.83
Price spread: +0.021% → −0.059%
$7.95
Slippage, 4 orders
−$19.18
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$18.4
Costs to cover
0.312%
Break-even
33.7 days
Slippage from MEXC: live order book, 6 min ago; KuCoin: live order book, 5 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 $00.8 bp −$83.2 bp −$32123.7 bp −$11.9K
Sell KuCoin live order book, 5 min ago0.34 bp12.0 bp −$1287.6 bp −$876doesn'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
Aster SOXLUSDT0.0000%8h145.09+0.028%$244K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.13+0.055%$52.1M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.07+0.014%$24.7M$191.6M20xas long as short
Gate SOXL_USDT0.0000%8h145.07+0.014%$27.2M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h145.11+0.041%$60.1M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.021%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.12+0.048%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h144.91−0.097%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.08+0.021%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.08+0.021%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.07+0.011%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.10+0.034%$773K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.14+0.062%$311K$1.8M20xas long as short
Variational Omni SOXL+0.0042%8h145.06+0.004%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.01−0.028%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.93−0.083%$207K$581K10xas long as short
Binance SOXLUSDT+0.0076%8h145.11+0.039%$169.2M$1.23B50xas long as short
MEXC SOXL_USDTlong+0.0077%8h145.05long leg$15.3M$49.0M200x
Extended SOXL-USD+0.0080%1h145.06+0.008%$24K$244K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0095%1h145.10+0.034%$115K$280K10xas long as short
KuCoin SOXLUSDTMshort+0.0100%8h145.08+0.021%$6.9M$10.2M20x
ApeX Omni SOXLUSDT+0.0100%1h144.94−0.076%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.07+0.014%$1K$5K20xas long as short
BloFin SOXL-USDT+0.0103%8h144.96−0.062%$1.2M$478K50xas long as short
Aevo SOXL-PERP+0.0104%1h145.050.000%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.15+0.069%$816K$2.4M10xas long as short
Polymarket Perps SOXL-USD+0.0248%1h145.20+0.103%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0693%4h144.91−0.096%$181K$325K10xas long as short