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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0445%/8h= +48.8% APRpaid last 24h −0.012%
Price spread now: Bybit against QFEX+0.075%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.219%+$22 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.075%, 7d avg +0.034%
Together, before fees+0.247%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bybit is 0.041% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD146.560.0070pay 0.0009% / 1h47m 23s$271K$271K30x
ShortBybit SOXLUSDT146.670.0515get 0.0515% / 8h7h 47m$52.8M$179.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$93.51
Price spread: +0.075% → +0.034%
$4.09
Slippage, 4 orders
−$6.16
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$70.44
Costs to cover
0.272%
Break-even
1.7 days
Slippage from QFEX: live order book, 12 min ago; Bybit: live order book, 2 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, 12 min ago1.73 bp6.9 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.34 bp6.8 bp −$711.5 bp −$11589.1 bp −$8,906doesn'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
Aster SOXLUSDT0.0000%8h146.37−0.130%$217K$1.6M50xas long as short
Gate SOXL_USDT0.0000%8h146.52−0.027%$28.2M$38.3M50xas long as short
SunX SOXL-USDT0.0000%8h146.46−0.068%$1K$4.6M10xas long as short
Phemex SOXLUSDT0.0000%8h146.48−0.055%$2.5M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h146.61+0.034%$347K$1.8M20xas long as short
Variational Omni SOXL+0.0043%8h145.75−0.551%$2.2M$5.0Mas long as short
Lighter SOXL+0.0048%1h146.58+0.014%$820K$2.6M20xas long as short
Bitget SOXLUSDT+0.0054%8h146.59+0.020%$62.1M$109.6M20xas long as short
OKX SOXL-USDT-SWAP+0.0061%8h146.66+0.068%$25.7M$185.8M20xas long as short
QFEX SOXL-USDlong+0.0070%1h146.56long leg$271K$271K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXL-USDT+0.0075%8h146.560.000%$1.3M$490K50xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0092%1h146.43−0.089%$119K$276K10xas long as short
Ondo Perps SOXL-USD.P+0.0092%1h146.560.000%$240K$768K10xas long as short
MEXC SOXL_USDT+0.0094%8h146.63+0.048%$14.0M$46.9M200xas long as short
Extended SOXL-USD+0.0096%1h146.55−0.006%$25K$318K10xas long as short
Binance SOXLUSDT+0.0099%8h146.65+0.061%$176.4M$1.20B50xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.43−0.089%$7.0M$10.6M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.40−0.109%$38K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.51−0.034%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h146.18−0.260%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0208%1h146.02−0.368%$1.1M$2.2M10xas long as short
HTX SOXL-USDT+0.0245%8h146.40−0.109%$184K$592K50xas long as short
edgeX SOXLUSDC+0.0377%4h146.33−0.155%$182K$322K10xas long as short
Kraken Futures PF_SOXLUSD+0.0425%1h146.47−0.063%$90K$304K20xas long as short
Bybit SOXLUSDTshort+0.0515%8h146.67+0.075%$52.8M$179.2M100x
tradeXYZ xyz:SOXL+0.0578%1h146.61+0.034%$26.7M$20.8M10xas long as short
GRVT SOXL_USDT_Perp+0.0878%8h146.31−0.171%$72K$160K10xas long as short
Polymarket Perps SOXL-USD+0.1013%1h146.74+0.123%$5K$266K10xas long as short