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updated —SOXL Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+38.79%
3d Period Avg+22.40%
swing±44.80%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT grvt · nowSOXL_USDT_Perp
+38.79%
3d avg:+22.40%
Entry Spread Now
+0.095%
Eaten by executionL 82.2200 · S 82.2985+$9.55 if it converges
24h range −0.24%…+0.25% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.25
−0.07%
$Avg Daily PnL
+$6.13
+0.0613%
★Best Day
+$12.35
Nov 2
◎Open Interest
Phemex$1.26M
grvt$210.0K⚡Funding APR
+22.39%
annualized · funding only
⚠Execution Cost
−$25.65
entry + exit fees
⏱Payback
4.2d
to break even
◧24h Volume
Phemex$4.25Mgrvt$248.6KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$25.65 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.