Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against Binance+0.099%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 2 days (all we have)−0.155%−$15 · spread now +0.099%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.134% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 144.50 | 0.0024 | pay 0.0024% / 8h | 14m 35s | $171.8M | $1.19B | 50x |
| Short | KuCoin SOXLUSDTM | 144.64 | 0.0100 | get 0.0100% / 8h | 14m 35s | $6.9M | $10.8M | 20x |
Binance SOXLUSDT
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.89
- Price spread: +0.099% → −0.035%
- $13.37
- Slippage, 4 orders
- −$49.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$41.98
- Costs to cover
- 0.712%
- Break-even
- 25.5 days
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 0.35 bp | 5.3 bp −$5 | 7.0 bp −$70 | 16.1 bp −$1,615 | 56.9 bp −$28.5K |
| Sell KuCoin live order book, 4 min ago | 1.38 bp | 16.2 bp −$16 | 48.0 bp −$480 | doesn't fit | doesn't fit |
SOXL on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0023% | 1h | 144.51 | +0.008% | $90K | $303K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.63 | +0.095% | $214K | $1.6M | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.47 | −0.019% | $25.6M | $183.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.53 | +0.023% | $27.4M | $39.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.48 | −0.012% | $60.2M | $109.2M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 144.68 | +0.129% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.67 | +0.120% | $71K | $163K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.62 | +0.085% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.71 | +0.147% | $186K | $606K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.66 | +0.113% | $2.5M | $1.2M | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | +0.0003% | 8h | 144.68 | +0.127% | $1.2M | $489K | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.50 | +0.002% | $307K | $257K | 30x | as long as short |
| MEXC SOXL_USDT | +0.0023% | 8h | 144.59 | +0.064% | $14.2M | $46.6M | 200x | as long as short |
| Extended SOXL-USD | +0.0024% | 1h | 144.54 | +0.031% | $27K | $338K | 10x | as long as short |
| Binance SOXLUSDTlong | +0.0024% | 8h | 144.50 | long leg | $171.8M | $1.19B | 50x | |
| Lighter RH SOXL | +0.0032% | 1h | 144.54 | +0.030% | $342K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.64 | +0.099% | $238K | $915K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 144.64 | +0.099% | $6.9M | $10.8M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.58 | +0.057% | $38K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.64 | +0.099% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.59 | +0.066% | $6K | — | 10x | as long as short |
| Bybit SOXLUSDT | +0.0112% | 8h | 144.54 | +0.030% | $51.6M | $178.3M | 100x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 144.80 | +0.210% | $977K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0190% | 1h | 144.53 | +0.023% | $26.3M | $22.0M | 10x | as long as short |
| Lighter SOXL | +0.0192% | 1h | 144.53 | +0.023% | $802K | $2.6M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0373% | 1h | 144.61 | +0.078% | $118K | $298K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0575% | 1h | 144.63 | +0.092% | $5K | $265K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0954% | 4h | 144.71 | +0.148% | $180K | $324K | 10x | as long as short |
BloFin SOXL-USDT
QFEX SOXL-USD
MEXC SOXL_USDT
Extended SOXL-USD
Lighter RH SOXL
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTX
tradeXYZ xyz:SOXL
Lighter SOXL
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC