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−0.0272%/8h= −29.7% APRpaid last 24h −0.061%
Price spread now: SunX against Polymarket Perps−0.007%50s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.279%−$28 on $10k
Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.007%, 7d avg +0.037%
Together, before fees−0.181%−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.037%). Swap the legs. 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
LongPolymarket Perps SOXL-USD145.100.0272pay 0.0034% / 1h49m 30s$3K$269K10x
ShortSunX SOXL-USDT145.090get 0.0000% / 8h5h 49m$2K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Polymarket Perps. 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
−$57.02
Price spread: −0.007% → +0.037%
−$4.39
Slippage, 4 orders
−$65.24
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$142.65
Costs to cover
0.812%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 13 min ago; SunX: live order book, 9 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 Polymarket Perps live order book, 13 min ago3.10 bp7.8 bp −$810.7 bp −$107doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago28.64 bp32.6 bp −$3362.2 bp −$622doesn't fitdoesn't fit

SOXL on 27 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%8h145.05−0.033%$247K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h144.99−0.076%$52.0M$185.1M100xas long as short
Gate SOXL_USDT0.0000%8h145.01−0.062%$27.1M$42.2M50xas long as short
Bitget SOXLUSDT0.0000%8h145.03−0.048%$60.1M$111.9M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.29+0.131%$70K$175K10xas long as short
SunX SOXL-USDTshort0.0000%8h145.09−0.007%$2K$4.3M10x
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.100.000%$117K$285K10xas long as short
HTX SOXL-USDT0.0000%8h145.30+0.138%$184K$568K50xas long as short
Phemex SOXLUSDT0.0000%8h145.08−0.014%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.03−0.048%$268K$271K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SOXL-USDT-SWAP+0.0011%8h144.91−0.131%$24.7M$191.5M20xas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h145.01−0.059%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.04−0.041%$811K$2.4M20xas long as short
Lighter RH SOXL+0.0032%1h145.11+0.007%$359K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h144.95−0.103%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.05−0.034%$207K$619K10xas long as short
Variational Omni SOXL+0.0084%8h145.23+0.087%$2.4M$4.8Mas long as short
KuCoin SOXLUSDTM+0.0100%8h145.11+0.007%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.24+0.096%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.98−0.083%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.10−0.001%$6K10xas long as short
Extended SOXL-USD+0.0120%1h145.00−0.068%$25K$241K10xas long as short
Binance SOXLUSDT+0.0122%8h144.97−0.093%$169.1M$1.23B50xas long as short
MEXC SOXL_USDT+0.0122%8h144.99−0.076%$15.1M$48.8M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.41+0.214%$804K$2.5M10xas long as short
Polymarket Perps SOXL-USDlong+0.0272%1h145.10long leg$3K$269K10x
edgeX SOXLUSDC+0.0671%4h145.24+0.100%$181K$324K10xas long as short