Funding you earn now, next payment 03:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h +0.055%
Price spread now: Kraken Futures against BloFin+0.060%57s7-day average −0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.454%−$45 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.060%, 7d avg −0.119%
=The price spread pays, funding is against you. Kraken Futures is 0.179% dearer against BloFin than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.119%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.454% in total) that is about 2.8 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SOXL-USDT | 145.75 | 0.0075 | pay 0.0075% / 8h | 5h 01m | $1.2M | $479K | 50x |
| Short | Kraken Futures PF_SOXLUSD | 145.84 | 0.0018 | get 0.0002% / 1h | 1m 28s | $88K | $304K | 20x |
BloFin SOXL-USDT
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$11.89
- Price spread: +0.060% → −0.119%
- $17.89
- Slippage, 4 orders
- −$53.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$69.82
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Kraken Futures: live order book, 61 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 BloFin live order book, 1 min ago | 1.37 bp | 7.4 bp −$7 | 8.0 bp −$80 | 13.4 bp −$1,336 | 36.1 bp −$18.0K |
| Sell Kraken Futures live order book, 61 min ago | 4.82 bp | 32.2 bp −$32 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.98 | +0.161% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.02 | +0.185% | $52.4M | $185.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.98 | +0.158% | $25.1M | $195.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.98 | +0.158% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.00 | +0.172% | $60.6M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.91 | +0.109% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.94 | +0.130% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | +0.165% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.00 | +0.172% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.91 | +0.110% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0017% | 8h | 145.98 | +0.155% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0018% | 1h | 145.84 | +0.060% | $88K | $304K | 20x | |
| Lighter SOXL | +0.0032% | 1h | 145.98 | +0.158% | $739K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.95 | +0.137% | $280K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.96 | +0.144% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | +0.110% | $208K | $550K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0060% | 8h | 146.00 | +0.172% | $14.2M | $49.3M | 200x | as long as short |
| Binance SOXLUSDT | +0.0060% | 8h | 146.00 | +0.170% | $170.9M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 145.94 | +0.131% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDTlong | +0.0075% | 8h | 145.75 | long leg | $1.2M | $479K | 50x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.95 | +0.137% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.87 | +0.082% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.93 | +0.123% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.92 | +0.114% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.226% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 146.12 | +0.254% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0298% | 1h | 145.95 | +0.137% | $116K | $280K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | +0.188% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
MEXC SOXL_USDT
Binance SOXLUSDT
Extended SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC