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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against Phemex−0.218%50s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1041.038% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.281%+$28 on $10k
Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.218%, 7d avg +0.047%
Together, before fees+0.534%+$53 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.265% cheaper against Phemex than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT142.210get 0.0000% / 8h3h 38m$2.4M$1.2M10x
ShortMEXC SOXL_USDT141.900get 0.0000% / 8h3h 38m$13.7M$49.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: −0.218% → +0.047%
−$26.48
Slippage, 4 orders
−$91.76
Fee Phemex: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$130.24
Costs to cover
1.038%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; MEXC: 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 Phemex live order book, 5 min ago2.79 bp63.0 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.35 bp0.3 bp $01.0 bp −$103.2 bp −$32029.0 bp −$14.5K

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
Bitget SOXLUSDT−0.0045%8h141.94−0.190%$58.7M$116.3M20xas long as short
Aster SOXLUSDT0.0000%8h141.87−0.240%$227K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h141.93−0.195%$31K$270K10xas long as short
Binance SOXLUSDT0.0000%8h141.92−0.206%$164.9M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h141.85−0.253%$47.1M$197.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h141.93−0.197%$24.0M$198.2M20xas long as short
Gate SOXL_USDT0.0000%8h141.95−0.183%$26.2M$44.0M50xas long as short
MEXC SOXL_USDTshort0.0000%8h141.90−0.218%$13.7M$49.9M200x
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%1h141.90−0.218%$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%1h141.84−0.260%$267K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h141.81−0.281%$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%1h142.10−0.077%$200K$484K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h141.92−0.204%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h143.38+0.823%$37K$143K50xas long as short
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+0.0209%1h142.00−0.148%$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