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+0.0002%/8h= +0.2% APRpaid last 24h +0.010%
Price spread now: BloFin against QFEX−0.069%99s7-day average +0.053% · 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−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.290%+$29 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.069%, 7d avg +0.053%
Together, before fees+0.266%+$27 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: BloFin is 0.122% cheaper against QFEX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.053%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.070.0021pay 0.0003% / 1h11m 37s$268K$266K30x
ShortBloFin SOXL-USDT144.970.0023get 0.0023% / 8h4h 11m$1.2M$476K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against QFEX. 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
$0.32
Price spread: −0.069% → +0.053%
−$12.21
Slippage, 4 orders
−$4.39
Fee QFEX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$38.29
Costs to cover
0.264%
Break-even
846.0 days
Slippage from QFEX: live order book, 23 min ago; BloFin: live order book, 1 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 QFEX live order book, 23 min ago1.03 bp6.3 bp −$68.8 bp −$88doesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago1.03 bp7.0 bp −$78.4 bp −$8416.3 bp −$1,62940.3 bp −$20.2K

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%1h145.09+0.016%$88K$304K20xas long as short
Aster SOXLUSDT0.0000%8h145.07+0.001%$232K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h145.08+0.009%$29K$241K10xas long as short
Binance SOXLUSDT0.0000%8h145.11+0.028%$169.4M$1.25B50xas long as short
Bybit SOXLUSDT0.0000%8h145.08+0.007%$50.6M$188.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.08+0.007%$24.5M$197.0M20xas long as short
Gate SOXL_USDT0.0000%8h145.09+0.014%$27.2M$43.2M50xas long as short
MEXC SOXL_USDT0.0000%8h145.09+0.014%$15.0M$49.7M200xas long as short
Bitget SOXLUSDT0.0000%8h145.12+0.034%$60.1M$113.1M20xas long as short
Variational Omni SOXL0.0000%8h145.070.000%$2.4M$4.7Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h144.97−0.069%$71K$177K10xas long as short
SunX SOXL-USDT0.0000%8h145.01−0.041%$1K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.99−0.055%$114K$290K10xas long as short
HTX SOXL-USDT0.0000%8h144.99−0.055%$183K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h145.02−0.034%$2.4M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0021%1h145.07long leg$268K$266K30x
BloFin SOXL-USDTshort+0.0023%8h144.97−0.069%$1.2M$476K50x
Lighter SOXL+0.0032%1h145.09+0.014%$728K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.06−0.007%$275K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.06−0.007%$25.5M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.82−0.172%$207K$488K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.09+0.014%$6.9M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.99−0.055%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.00−0.048%$1K$5K20xas long as short
edgeX SOXLUSDC+0.0101%4h144.95−0.084%$181K$329K10xas long as short
Aevo SOXL-PERP+0.0104%1h145.00−0.050%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h144.92−0.103%$901K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0161%1h145.14+0.048%$3K$269K10xas long as short