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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex+0.069%7-day average −0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$17 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.069%, 7d avg −0.079%
Together, before fees+0.187%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.148% dearer against Phemex than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SOXLUSDT145.110get 0.0000% / 8h5h 25m$2.5M$1.2M10x
ShortOndo Perps SOXL-USD.P145.210.0050get 0.0006% / 1h25m 40s$207K$582K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: +0.069% → −0.079%
$14.81
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$8.39
Costs to cover
0.170%
Break-even
1.4 days
Slippage unknown: Phemex: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 3 min ago2.07 bp40.8 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h145.03−0.055%$244K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h144.99−0.083%$52.0M$184.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.93−0.124%$24.7M$191.4M20xas long as short
Gate SOXL_USDT0.0000%8h144.96−0.103%$27.2M$42.5M50xas long as short
Bitget SOXLUSDT0.0000%8h144.97−0.096%$60.1M$111.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.062%$71K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.09−0.014%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.27+0.110%$184K$567K50xas long as short
Phemex SOXLUSDTlong0.0000%8h145.11long leg$2.5M$1.2M10x
QFEX SOXL-USD+0.0004%1h144.95−0.110%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.08−0.021%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h144.92−0.131%$798K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h144.90−0.145%$328K$1.7M20xas long as short
Variational Omni SOXL+0.0042%8h145.06−0.038%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.87−0.165%$25.3M$22.8M10xas long as short
Ondo Perps SOXL-USD.Pshort+0.0050%1h145.21+0.069%$207K$582K10x
BloFin SOXL-USDT+0.0074%8h145.06−0.034%$1.2M$478K50xas long as short
Extended SOXL-USD+0.0080%1h144.92−0.130%$24K$244K10xas long as short
Binance SOXLUSDT+0.0081%8h144.96−0.103%$169.0M$1.23B50xas long as short
MEXC SOXL_USDT+0.0082%8h144.94−0.117%$15.3M$49.0M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.00−0.076%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.49+0.262%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.03−0.055%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.01−0.066%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.03−0.055%$816K$2.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0233%1h145.08−0.021%$115K$279K10xas long as short
Polymarket Perps SOXL-USD+0.0249%1h145.20+0.062%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0942%4h145.22+0.073%$181K$324K10xas long as short