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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.036%
Price spread now: Coinbase International against SunX+0.101%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$830.828% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.440%+$44 on $10k
Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.101%, 7d avg −0.024%
Together, before fees+0.246%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.125% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT138.140get 0.0000% / 8h1h 40m$1K$4.3M10x
ShortCoinbase International SOXL-PERP-INTX138.280.0200get 0.0025% / 1h40m 23s$943K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$42
Price spread: +0.101% → −0.024%
$12.53
Slippage, 4 orders
−$64.81
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$28.28
Costs to cover
0.828%
Break-even
11.7 days
Slippage from SunX: live order book, 8 min ago; Coinbase International: live order book, 3 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, 8 min ago28.56 bp32.6 bp −$3361.9 bp −$619doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago2.53 bp10.2 bp −$1014.2 bp −$142doesn'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−0.2450%8h138.35+0.152%$59.8M$138.6M20xas long as short
Aster SOXLUSDT0.0000%8h138.12−0.012%$203K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.31+0.121%$32K$311K10xas long as short
Binance SOXLUSDT0.0000%8h138.11−0.022%$163.8M$1.46B50xas long as short
Bybit SOXLUSDT0.0000%8h138.18+0.029%$46.1M$229.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.11−0.022%$26.3M$224.6M20xas long as short
Gate SOXL_USDT0.0000%8h138.15+0.007%$28.0M$49.4M50xas long as short
MEXC SOXL_USDT0.0000%8h138.13−0.007%$17.0M$55.1M200xas long as short
Variational Omni SOXL0.0000%8h138.16+0.015%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.10−0.027%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDTlong0.0000%8h138.14long leg$1K$4.3M10x
HTX SOXL-USDT0.0000%8h138.17+0.022%$86K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.22+0.058%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0002%8h138.18+0.029%$1.3M$465K50xas long as short
Lighter SOXL+0.0032%1h138.20+0.043%$689K$2.3M20xas long as short
Lighter RH SOXL+0.0032%1h138.17+0.022%$268K$1.7M20xas long as short
QFEX SOXL-USD+0.0046%1h138.31+0.123%$255K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.03−0.080%$21.3M$29.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.02−0.087%$210K$492K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.23+0.065%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h137.66−0.347%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.06−0.058%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.00−0.099%$5K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0200%1h138.28+0.101%$943K$3.1M10x
Polymarket Perps SOXL-USD+0.0283%1h138.20+0.043%$9K$292K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0402%1h138.10−0.029%$118K$352K10xas long as short
edgeX SOXLUSDC+0.0410%4h138.08−0.040%$172K$332K10xas long as short
Kraken Futures PF_SOXLUSD+0.0435%1h138.15+0.008%$83K$296K20xas long as short