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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0164%/8h= −17.9% APRpaid last 24h −0.060%
Price spread now: Variational Omni against Polymarket Perps−0.076%7-day average −0.008% · you buy dearer than you sell
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 3 days (all we have)+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.252%−$25 · spread now −0.076%, 7d avg −0.008%
Together, before fees−0.204%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.068% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD145.840.0164pay 0.0020% / 1h35m 55s$3K$269K10x
ShortVariational Omni SOXL145.730get 0.0000% / 8h4h 35m$2.4M$4.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$34.37
Price spread: −0.076% → −0.008%
−$6.77
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$49.14
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 21 min ago; Variational Omni: RFQ quote, 3 min ago. 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 Polymarket Perps live order book, 21 min ago3.08 bp8.4 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.37 bpdoesn't fit4.6 bp −$46doesn'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
Kraken Futures PF_SOXLUSD−0.0116%1h145.77−0.048%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h145.75−0.059%$233K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.75−0.062%$52.2M$186.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.71−0.089%$24.7M$197.1M20xas long as short
Gate SOXL_USDT0.0000%8h145.72−0.082%$27.4M$43.0M50xas long as short
Variational Omni SOXLshort0.0000%8h145.73−0.076%$2.4M$4.7M
GRVT SOXL_USDT_Perp0.0000%8h145.840.000%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.72−0.082%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.75−0.062%$115K$286K10xas long as short
HTX SOXL-USDT0.0000%8h145.75−0.062%$184K$569K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOXLUSDT0.0000%8h145.72−0.082%$2.5M$1.2M10xas long as short
Bitget SOXLUSDT+0.0006%8h145.71−0.089%$60.4M$112.9M20xas long as short
Extended SOXL-USD+0.0016%1h145.70−0.095%$24K$244K10xas long as short
Binance SOXLUSDT+0.0017%8h145.73−0.075%$170.9M$1.24B50xas long as short
MEXC SOXL_USDT+0.0019%8h145.73−0.075%$15.2M$49.0M200xas long as short
QFEX SOXL-USD+0.0021%1h145.73−0.075%$269K$266K30xas long as short
Lighter SOXL+0.0032%1h145.74−0.069%$731K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.72−0.082%$277K$1.9M20xas long as short
BloFin SOXL-USDT+0.0038%8h145.75−0.062%$1.2M$479K50xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.71−0.089%$25.6M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.67−0.117%$208K$491K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.75−0.062%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.71−0.089%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.75−0.062%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.73−0.075%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.70−0.096%$907K$2.6M10xas long as short
Polymarket Perps SOXL-USDlong+0.0164%1h145.84long leg$3K$269K10x
edgeX SOXLUSDC+0.0322%4h145.69−0.101%$182K$326K10xas long as short