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+0.0241%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.042%
Price spread now: Polymarket Perps against tradeXYZ+0.068%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.184%+$18 on $10k
Price spread, last 4 days (all we have)+0.402%+$40 · spread now +0.068%, 7d avg +0.040%
Together, before fees+0.586%+ Points / potential airdroptradeXYZ: Active · farm board+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Polymarket Perps is 0.029% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SOXL146.020.0050pay 0.0006% / 1h59m 50s$25.6M$22.9M10x
ShortPolymarket Perps SOXL-USD146.120.0291get 0.0036% / 1h59m 50s$3K$269K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$50.52
Price spread: +0.068% → +0.040%
$2.86
Slippage, 4 orders
−$11.59
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$15.79
Costs to cover
0.376%
Break-even
4.8 days
Slippage from tradeXYZ: live order book, 9 min ago; Polymarket Perps: live order book, 62 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, 9 min ago1.03 bp10.8 bp −$1113.2 bp −$132doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 62 min ago3.10 bp8.2 bp −$89.5 bp −$95doesn'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%8h146.01−0.010%$237K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h146.14+0.082%$52.4M$185.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h146.08+0.041%$25.1M$195.9M20xas long as short
Gate SOXL_USDT0.0000%8h146.10+0.055%$27.4M$43.0M50xas long as short
Bitget SOXLUSDT0.0000%8h146.07+0.034%$60.7M$112.5M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.91−0.076%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h146.01−0.007%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.99−0.021%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h146.00−0.014%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h145.99−0.021%$270K$266K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL+0.0010%8h146.03+0.003%$2.4M$4.8Mas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h145.91−0.078%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h146.00−0.014%$739K$2.6M20xas long as short
Lighter RH SOXL+0.0032%1h145.97−0.034%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXLlong+0.0050%1h146.02long leg$25.6M$22.9M10x
Ondo Perps SOXL-USD.P+0.0050%1h145.91−0.075%$208K$550K10xas long as short
Extended SOXL-USD+0.0056%1h146.00−0.014%$26K$247K10xas long as short
BloFin SOXL-USDT+0.0057%8h146.03+0.007%$1.2M$480K50xas long as short
Binance SOXLUSDT+0.0059%8h146.09+0.046%$171.0M$1.24B50xas long as short
MEXC SOXL_USDT+0.0060%8h146.08+0.041%$14.2M$49.3M200xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.020.000%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.87−0.103%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.01−0.007%$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+0.041%$921K$2.6M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0161%1h146.06+0.027%$116K$280K10xas long as short
Polymarket Perps SOXL-USDshort+0.0291%1h146.12+0.068%$3K$269K10x
edgeX SOXLUSDC+0.0784%4h146.02+0.002%$182K$326K10xas long as short