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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.008%
Price spread now: SunX against QFEX+0.014%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$800.802% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.014%, 7d avg +0.038%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.023% cheaper against QFEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD138.700.0035pay 0.0004% / 1h32m 49s$256K$264K30x
ShortSunX SOXL-USDT138.720get 0.0000% / 8h32m 49s$2K$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$7.31
Price spread: +0.014% → +0.038%
−$2.31
Slippage, 4 orders
−$62.2
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$89.82
Costs to cover
0.802%
Break-even
never at this rate
Slippage from QFEX: live order book, 47 min ago; SunX: live order book, 6 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, 47 min ago2.52 bp7.6 bp −$89.1 bp −$91doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago28.46 bp32.5 bp −$3262.2 bp −$622doesn'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
Bitget SOXLUSDT−0.2002%8h138.94+0.173%$60.6M$142.0M20xas long as short
BloFin SOXL-USDT−0.0012%8h138.59−0.079%$1.3M$469K50xas long as short
Aster SOXLUSDT0.0000%8h138.64−0.040%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.59−0.077%$52K$353K10xas long as short
Binance SOXLUSDT0.0000%8h138.67−0.022%$163.1M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.700.000%$46.0M$226.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.73+0.022%$25.9M$228.3M20xas long as short
Gate SOXL_USDT0.0000%8h138.62−0.058%$27.9M$50.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.64−0.043%$15.2M$55.1M200xas long as short
Variational Omni SOXL0.0000%8h138.61−0.066%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.82+0.090%$64K$202K10xas long as short
SunX SOXL-USDTshort0.0000%8h138.72+0.014%$2K$4.2M10x
HTX SOXL-USDT0.0000%8h138.80+0.072%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.58−0.087%$2.3M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h138.56−0.101%$262K$1.7M20xas long as short
QFEX SOXL-USDlong+0.0035%1h138.70long leg$256K$264K30x
Lighter SOXL+0.0040%1h138.700.000%$673K$2.4M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.60−0.072%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.87+0.123%$211K$460K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.63−0.048%$81K$300K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.61−0.065%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.74+0.029%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.59−0.079%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.59−0.079%$5K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0183%1h138.58−0.087%$108K$358K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.02+0.231%$952K$3.1M10xas long as short
Polymarket Perps SOXL-USD+0.0213%1h138.78+0.058%$9K$292K10xas long as short
edgeX SOXLUSDC+0.0292%4h138.81+0.076%$173K$331K10xas long as short