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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Phemex+0.823%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1821.822% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−1.007%−$101 · spread now +0.823%, 7d avg −0.055%
Together, before fees−0.799%−$80 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.878% dearer against Phemex than usual: you sell high and buy low: +$88 more if the spread goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT142.210get 0.0000% / 8h3h 38m$2.4M$1.2M10x
ShortApeX Omni SOXLUSDT143.380.0100get 0.0013% / 1h38m 44s$37K$143K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
$21
Price spread: +0.823% → −0.055%
$87.76
Slippage, 4 orders
−$160.23
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$73.47
Costs to cover
1.822%
Break-even
31.5 days
Slippage from Phemex: live order book, 5 min ago; ApeX Omni: live order book, 12 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 Phemex live order book, 5 min ago2.79 bp63.0 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 12 min ago28.95 bp39.6 bp −$40207.8 bp −$2,078doesn'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%8h141.94−0.193%$228K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h141.99−0.152%$31K$270K10xas long as short
Binance SOXLUSDT0.0000%8h142.04−0.120%$165.0M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h142.02−0.134%$47.1M$197.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h141.96−0.176%$24.0M$198.2M20xas long as short
Gate SOXL_USDT0.0000%8h142.00−0.148%$26.2M$44.0M50xas long as short
MEXC SOXL_USDT0.0000%8h142.05−0.113%$13.9M$49.9M200xas long as short
Bitget SOXLUSDT0.0000%8h142.00−0.148%$58.7M$116.3M20xas long as short
Variational Omni SOXL0.0000%8h142.84+0.443%$2.2M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.70+0.346%$67K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h142.06−0.105%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h142.00−0.148%$177K$577K50xas long as short
Phemex SOXLUSDTlong0.0000%8h142.21long leg$2.4M$1.2M10x
QFEX SOXL-USD+0.0004%1h142.08−0.091%$262K$266K30xas long as short
BloFin SOXL-USDT+0.0009%8h141.98−0.162%$1.2M$467K50xas long as short
Lighter SOXL+0.0032%1h141.86−0.246%$699K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h141.93−0.197%$267K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h141.88−0.232%$24.9M$22.9M10xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h141.97−0.165%$86K$287K20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.09+0.619%$200K$487K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h141.98−0.162%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDTshort+0.0100%1h143.38+0.823%$37K$143K50x
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.81−0.281%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h141.84−0.258%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h142.11−0.070%$775K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0192%1h142.02−0.134%$3K$268K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0314%1h141.85−0.253%$110K$316K10xas long as short
edgeX SOXLUSDC+0.0548%4h142.90+0.485%$178K$328K10xas long as short