Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Bybit+0.014%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.014%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 138.53 | 0 | get 0.0000% / 8h | 1h 52m | $46.3M | $228.5M | 100x |
| Short | KuCoin SOXLUSDTM | 138.55 | 0.0100 | get 0.0100% / 8h | 1h 52m | $6.6M | $10.9M | 20x |
Bybit SOXLUSDT
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $21
- Price spread: +0.014% → −0.038%
- $5.21
- Slippage, 4 orders
- −$28.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$24.97
- Costs to cover
- 0.512%
- Break-even
- 15.3 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 6 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 Bybit live order book, 1 min ago | 0.72 bp | 6.8 bp −$7 | 9.6 bp −$96 | 67.4 bp −$6,737 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.08 bp | 13.9 bp −$14 | 139.6 bp −$1,396 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.2226% | 8h | 138.60 | +0.051% | $59.9M | $138.2M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.52 | −0.009% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.51 | −0.013% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.56 | +0.022% | $163.4M | $1.45B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 138.53 | long leg | $46.3M | $228.5M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.47 | −0.043% | $26.3M | $224.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.53 | 0.000% | $28.0M | $49.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.57 | +0.029% | $17.1M | $54.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.92 | +0.282% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.55 | +0.013% | $64K | $203K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.54 | +0.007% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.59 | +0.043% | $92K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.50 | −0.022% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0002% | 8h | 138.56 | +0.022% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.48 | −0.036% | $684K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.43 | −0.072% | $268K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.38 | −0.108% | $256K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.39 | −0.101% | $21.4M | $29.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.22 | +0.498% | $211K | $510K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 138.55 | +0.014% | $6.6M | $10.9M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.02 | +0.354% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.44 | −0.065% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.45 | −0.060% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0166% | 4h | 138.68 | +0.105% | $173K | $330K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0194% | 1h | 138.55 | +0.014% | $8K | $291K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.59 | +0.043% | $945K | $3.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0328% | 1h | 138.51 | −0.014% | $118K | $352K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0434% | 1h | 138.53 | −0.002% | $83K | $297K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Kraken Futures PF_SOXLUSD