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+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against SunX+0.040%46s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.242%+$24 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.040%, 7d avg −0.055%
Together, before fees+0.186%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.094% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.055%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT145.940get 0.0000% / 8h5h 01m$1K$4.3M10x
ShortBinance SOXLUSDT146.000.0060get 0.0060% / 8h5h 01m$170.9M$1.24B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$12.68
Price spread: +0.040% → −0.055%
$9.45
Slippage, 4 orders
−$57.95
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.82
Costs to cover
0.760%
Break-even
36.7 days
Slippage from SunX: live order book, 7 min ago; Binance: live order book, 13 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 SunX live order book, 7 min ago28.43 bp32.4 bp −$3261.7 bp −$617doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.34 bp5.7 bp −$67.2 bp −$7218.3 bp −$1,82787.3 bp −$43.6K

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%8h145.98+0.030%$237K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h146.02+0.055%$52.4M$185.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.98+0.027%$25.1M$195.5M20xas long as short
Gate SOXL_USDT0.0000%8h145.98+0.027%$27.4M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h146.00+0.041%$60.6M$112.4M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.91−0.021%$71K$176K10xas long as short
SunX SOXL-USDTlong0.0000%8h145.94long leg$1K$4.3M10x
HTX SOXL-USDT0.0000%8h145.99+0.034%$184K$573K50xas long as short
Phemex SOXLUSDT0.0000%8h146.00+0.041%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.91−0.021%$270K$266K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL+0.0017%8h145.98+0.025%$2.4M$4.8Mas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h145.84−0.070%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.98+0.027%$739K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h145.95+0.007%$280K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.96+0.014%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.91−0.021%$208K$550K10xas long as short
MEXC SOXL_USDT+0.0060%8h146.00+0.041%$14.2M$49.3M200xas long as short
Binance SOXLUSDTshort+0.0060%8h146.00+0.040%$170.9M$1.24B50x
Extended SOXL-USD+0.0064%1h145.94+0.001%$26K$247K10xas long as short
BloFin SOXL-USDT+0.0075%8h145.75−0.130%$1.2M$479K50xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.95+0.007%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.87−0.048%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.93−0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.92−0.016%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h146.08+0.096%$921K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0291%1h146.12+0.123%$3K$269K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0298%1h145.95+0.007%$116K$280K10xas long as short
edgeX SOXLUSDC+0.0784%4h146.02+0.057%$182K$326K10xas long as short