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−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: Aster against tradeXYZ−0.013%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 7 days+0.130%+$13 · spread now −0.013%, 7d avg +0.068%
Together, before fees+0.193%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.081% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SOXL145.270.0050pay 0.0006% / 1h21m 47s$25.4M$22.8M10x
ShortAster SOXLUSDT145.250get 0.0000% / 8h5h 21m$245K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$10.5
Price spread: −0.013% → +0.068%
−$8.09
Slippage, 4 orders
−$10.09
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$54.69
Costs to cover
0.361%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Aster: live order book, 1 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 tradeXYZ live order book, 6 min ago0.34 bp9.3 bp −$912.4 bp −$124doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago1.38 bp6.9 bp −$714.3 bp −$143doesn'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 SOXLUSDTshort0.0000%8h145.25−0.013%$245K$1.5M50x
Bybit SOXLUSDT0.0000%8h145.43+0.110%$52.2M$185.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.42+0.103%$24.8M$192.3M20xas long as short
Gate SOXL_USDT0.0000%8h145.31+0.028%$27.2M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h145.31+0.028%$60.3M$112.0M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.172%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.17−0.069%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h144.91−0.248%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.14−0.089%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.12−0.103%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.13−0.099%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.32+0.034%$765K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h145.29+0.014%$303K$1.8M20xas long as short
Variational Omni SOXL+0.0042%8h145.06−0.148%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXLlong+0.0050%1h145.27long leg$25.4M$22.8M10x
Ondo Perps SOXL-USD.P+0.0050%1h144.93−0.234%$207K$581K10xas long as short
Extended SOXL-USD+0.0072%1h145.26−0.005%$24K$244K10xas long as short
MEXC SOXL_USDT+0.0074%8h145.38+0.076%$15.3M$49.0M200xas long as short
Binance SOXLUSDT+0.0074%8h145.37+0.072%$169.5M$1.23B50xas long as short
BloFin SOXL-USDT+0.0085%8h145.12−0.103%$1.2M$478K50xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0095%1h145.13−0.096%$115K$280K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.32+0.034%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.94−0.227%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.10−0.117%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.07−0.134%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.15−0.083%$816K$2.4M10xas long as short
Polymarket Perps SOXL-USD+0.0249%1h145.270.000%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0693%4h144.91−0.247%$181K$325K10xas long as short