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+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: tradeXYZ against QFEX+0.021%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.400%+$40 · spread now +0.021%, 7d avg −0.017%
Together, before fees+0.480%+ Points / potential airdroptradeXYZ: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.037% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.990.0004pay 0.0001% / 1h59m 49s$270K$266K30x
ShorttradeXYZ xyz:SOXL146.020.0050get 0.0006% / 1h59m 49s$25.6M$22.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$9.56
Price spread: +0.021% → −0.017%
$3.74
Slippage, 4 orders
−$6.73
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$21.42
Costs to cover
0.347%
Break-even
22.7 days
Slippage from QFEX: live order book, 40 min ago; tradeXYZ: 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 QFEX live order book, 40 min ago1.38 bp6.7 bp −$79.5 bp −$95doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago1.03 bp10.8 bp −$1113.7 bp −$137doesn'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
Aster SOXLUSDT0.0000%8h146.01+0.011%$237K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h146.14+0.103%$52.4M$185.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h146.08+0.062%$25.1M$195.9M20xas long as short
Gate SOXL_USDT0.0000%8h146.10+0.075%$27.4M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h146.07+0.055%$60.7M$112.5M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.91−0.056%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h146.01+0.014%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.990.000%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h146.00+0.007%$2.5M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0004%1h145.99long leg$270K$266K30x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL+0.0010%8h146.03+0.024%$2.4M$4.8Mas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h145.91−0.057%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h146.00+0.007%$739K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h145.97−0.014%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXLshort+0.0050%1h146.02+0.021%$25.6M$22.9M10x
Ondo Perps SOXL-USD.P+0.0050%1h145.91−0.055%$208K$550K10xas long as short
Extended SOXL-USD+0.0056%1h146.00+0.007%$26K$247K10xas long as short
BloFin SOXL-USDT+0.0057%8h146.03+0.027%$1.2M$480K50xas long as short
Binance SOXLUSDT+0.0059%8h146.09+0.066%$171.0M$1.24B50xas long as short
MEXC SOXL_USDT+0.0060%8h146.08+0.062%$14.2M$49.3M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.02+0.021%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.87−0.082%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.01+0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h146.00+0.010%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h146.08+0.062%$921K$2.6M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0161%1h146.06+0.048%$116K$280K10xas long as short
Polymarket Perps SOXL-USD+0.0291%1h146.12+0.089%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0784%4h146.02+0.023%$182K$326K10xas long as short