After costs, if the gap returns to its 7d average, $10k−$132
spread now−0.170%7d average+0.043%fees + slippage, in and out−$111spread needed1.105%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOXL-USD | 141.42 | 0.0050 | pay 0.0006% / 1h | 5m 19s | $6K | $263K | 10x |
| Short | Phemex SOXLUSDT | 141.18 | 0 | get 0.0000% / 8h | 5h 05m | $2.5M | $1.1M | 10x |
Polymarket Perps SOXL-USD
Phemex SOXLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.97
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$90.54
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$129.01
- Spread needed to break even
- 1.105%
Slippage from Polymarket Perps: live order book, 54 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 54 min ago | 3.57 bp | 9.8 bp −$10 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.06 bp | 48.2 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
SOXL price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International141.03cheapestVariational Omni141.07+0.028%edgeX141.15+0.086%Ondo Perps141.18+0.106%
Coinbase International
Variational Omni
Ondo PerpsPhemex141.18+0.106%
BloFin141.22+0.135%HTX141.26+0.163%ApeX Omni141.27+0.170%Aster141.36+0.233%QFEX141.37+0.241%KuCoin141.37+0.241%Lighter141.38+0.248%Lighter RH141.38+0.248%SunX141.39+0.255%Gate141.40+0.262%MEXC141.41+0.269%tradeXYZ141.42+0.277%OKX141.42+0.277%
BloFin
HTX
ApeX Omni
Aster
QFEX
KuCoin
Lighter
Lighter RH
SunX
Gate
MEXC
tradeXYZ
OKXPolymarket Perps141.42+0.277%
Aevo141.44+0.292%Binance141.45+0.298%Orderly141.45+0.298%Kraken Futures141.46+0.302%Bitget141.46+0.305%Extended141.46+0.308%Bybit141.47+0.312%Deribit141.50+0.333%
Aevo
Binance
Orderly
Kraken Futures
Bitget
Extended
Bybit
DeribitSOXL on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SOXL-PERP-INTX | −0.276% | +0.0008% | 1h | $665K | $2.5M | 10x | as long as short |
| Variational Omni SOXL | −0.248% | 0.0000% | 8h | $2.8M | $4.3M | — | as long as short |
| edgeX SOXLUSDC | −0.190% | +0.0234% | 4h | $176K | $313K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | −0.170% | +0.0050% | 1h | $203K | $895K | 10x | as long as short |
| Phemex SOXLUSDTshort | −0.170% | 0.0000% | 8h | $2.5M | $1.1M | 10x | |
| BloFin SOXL-USDT | −0.141% | +0.0001% | 8h | $1.3M | $499K | 50x | as long as short |
| HTX SOXL-USDT | −0.113% | 0.0000% | 8h | $181K | $485K | 50x | as long as short |
| ApeX Omni SOXLUSDT | −0.106% | +0.0100% | 1h | $39K | $143K | 50x | as long as short |
| Aster SOXLUSDT | −0.044% | 0.0000% | 8h | $273K | $1.6M | 50x | as long as short |
| QFEX SOXL-USD | −0.035% | +0.0007% | 1h | $451K | $134K | 30x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SOXLUSDTM | −0.035% | +0.0100% | 8h | $6.8M | $10.5M | 20x | as long as short |
| Lighter SOXL | −0.028% | +0.0032% | 1h | $639K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | −0.028% | +0.0032% | 1h | $254K | $1.9M | 20x | as long as short |
| SunX SOXL-USDT | −0.021% | 0.0000% | 8h | $1K | $4.8M | 10x | as long as short |
| Gate SOXL_USDT | −0.014% | 0.0000% | 8h | $25.3M | $39.5M | 50x | as long as short |
| MEXC SOXL_USDT | −0.007% | 0.0000% | 8h | $19.4M | $40.9M | 200x | as long as short |
| tradeXYZ xyz:SOXL | 0.000% | +0.0050% | 1h | $25.8M | $21.2M | 10x | as long as short |
| OKX SOXL-USDT-SWAP | 0.000% | 0.0000% | 8h | $27.1M | $162.0M | 20x | as long as short |
| Polymarket Perps SOXL-USDlong | 0.000% | +0.0050% | 1h | $6K | $263K | 10x | |
| Aevo SOXL-PERP | +0.016% | +0.0104% | 1h | $5K | — | 10x | as long as short |
| Binance SOXLUSDT | +0.021% | 0.0000% | 8h | $164.3M | $1.09B | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.021% | +0.0100% | 8h | $1K | $5K | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.026% | +0.0025% | 1h | $86K | $275K | 20x | as long as short |
| Bitget SOXLUSDT | +0.028% | 0.0000% | 8h | $62.1M | $102.4M | 20x | as long as short |
| Extended SOXL-USD | +0.032% | 0.0000% | 1h | $25K | $316K | 10x | as long as short |
| Bybit SOXLUSDT | +0.035% | 0.0000% | 8h | $50.6M | $173.3M | 100x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.057% | +0.0103% | 1h | $118K | $370K | 10x | as long as short |