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+0.0192%/8h= +21.0% APRpaid last 24h +0.068%
Price spread now: Polymarket Perps against SunX+0.029%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$800.805% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.299%+$30 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.029%, 7d avg −0.027%
Together, before fees+0.180%+$18 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 Polymarket Perps is 0.056% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT139.010get 0.0000% / 8h48m 59s$1K$4.2M10x
ShortPolymarket Perps SOXL-USD139.050.0192get 0.0024% / 1h48m 59s$9K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$40.25
Price spread: +0.029% → −0.027%
$5.6
Slippage, 4 orders
−$64.46
Fee SunX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$34.61
Costs to cover
0.805%
Break-even
13.0 days
Slippage from SunX: live order book, 9 min ago; Polymarket Perps: live order book, 53 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, 9 min ago28.47 bp32.5 bp −$3261.8 bp −$618doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 53 min ago2.89 bp8.6 bp −$99.6 bp −$96doesn'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−0.2129%8h139.21+0.144%$60.7M$141.8M20xas long as short
BloFin SOXL-USDT−0.0011%8h139.04+0.022%$1.3M$470K50xas long as short
Aster SOXLUSDT0.0000%8h139.00−0.011%$197K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.07+0.045%$52K$358K10xas long as short
Binance SOXLUSDT0.0000%8h139.07+0.043%$163.9M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h139.14+0.094%$46.2M$228.2M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.09+0.058%$26.4M$227.9M20xas long as short
Gate SOXL_USDT0.0000%8h139.06+0.036%$28.4M$49.8M50xas long as short
MEXC SOXL_USDT0.0000%8h139.07+0.043%$15.1M$54.8M200xas long as short
Variational Omni SOXL0.0000%8h138.56−0.325%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.64−0.270%$64K$204K10xas long as short
SunX SOXL-USDTlong0.0000%8h139.01long leg$1K$4.2M10x
HTX SOXL-USDT0.0000%8h138.65−0.259%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h139.08+0.050%$2.3M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h138.96−0.036%$262K$1.7M20xas long as short
QFEX SOXL-USD+0.0035%1h138.86−0.108%$256K$264K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.90−0.079%$21.2M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.60−0.295%$211K$459K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h139.01−0.002%$80K$293K20xas long as short
Lighter SOXL+0.0072%1h139.00−0.007%$676K$2.4M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.93−0.058%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.62−0.281%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.98−0.022%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.00−0.008%$5K10xas long as short
Polymarket Perps SOXL-USDshort+0.0192%1h139.05+0.029%$9K$292K10x
Coinbase International SOXL-PERP-INTX+0.0200%1h139.15+0.101%$952K$3.1M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0326%1h139.010.000%$108K$358K10xas long as short
edgeX SOXLUSDC+0.0375%4h138.56−0.323%$173K$331K10xas long as short