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+0.0163%/8h= +17.8% APRpaid last 24h +0.057%
Price spread now: Polymarket Perps against MEXC+0.090%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$180.175% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.075%+$7 on $10k
Price spread, last 4 days (all we have)+0.181%+$18 · spread now +0.090%, 7d avg −0.066%
Together, before fees+0.255%+$26 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 Polymarket Perps is 0.156% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SOXL_USDT145.210get 0.0000% / 8h4h 07m$15.1M$49.7M200x
ShortPolymarket Perps SOXL-USD145.340.0163get 0.0020% / 1h7m 31s$3K$268K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$34.15
Price spread: +0.090% → −0.066%
$15.58
Slippage, 4 orders
−$9.52
Fee MEXC: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$32.21
Costs to cover
0.175%
Break-even
0.4 days
Slippage from MEXC: live order book, 1 min ago; Polymarket Perps: live order book, 50 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 Polymarket Perps live order book, 50 min ago3.08 bp8.4 bp −$89.0 bp −$90doesn'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%8h145.25+0.027%$233K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.19−0.014%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.210.000%$169.5M$1.25B50xas long as short
Bybit SOXLUSDT0.0000%8h145.210.000%$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%8h145.210.000%$27.2M$43.3M50xas long as short
MEXC SOXL_USDTlong0.0000%8h145.21long leg$15.1M$49.7M200x
Bitget SOXLUSDT0.0000%8h145.210.000%$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%1h145.20−0.007%$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-INTX+0.0152%1h145.22+0.007%$903K$2.6M10xas long as short
Polymarket Perps SOXL-USDshort+0.0163%1h145.34+0.090%$3K$268K10x
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