SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0167%/8h= −18.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.034%

Price spread now: Kraken Futures against Coinbase International+0.067%7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$730.726% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.576%−$58 on $10k

Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.067%, 7d avg −0.081%

Together, before fees−0.628%−$63 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.148% dearer against Coinbase International than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.081%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SOXL-PERP-INTX	144.28	0.0144	pay 0.0018% / 1h	40m 22s	$962K	$2.2M	10x
Short	Kraken Futures PF_SOXLUSD	144.38	−0.0023	pay 0.0003% / 1h	40m 22s	$89K	$303K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$35.17
Price spread: +0.067% → −0.081%: $14.85
Slippage, 4 orders: −$52.55
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$92.87
Costs to cover: 0.726%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Kraken Futures: live order book, 37 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 Coinbase International live order book, 3 min ago	3.46 bp	8.5 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 37 min ago	4.54 bp	29.1 bp −$29	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
Kraken Futures PF_SOXLUSDshort	−0.0023%	1h	144.38	+0.067%	$89K	$303K	20x
BloFin SOXL-USDT	−0.0010%	8h	144.46	+0.125%	$1.2M	$490K	50x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.40	+0.083%	$215K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	144.56	+0.196%	$27K	$338K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	144.57	+0.201%	$170.8M	$1.19B	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.58	+0.208%	$25.4M	$184.1M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.51	+0.159%	$27.1M	$38.8M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	144.58	+0.208%	$14.7M	$46.4M	200x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.53	+0.173%	$60.1M	$109.0M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	144.44	+0.109%	$2.2M	$4.9M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	144.49	+0.148%	$71K	$169K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.63	+0.243%	$2K	$4.7M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.51	+0.159%	$200K	$546K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.55	+0.187%	$2.5M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.50	+0.152%	$307K	$258K	30x	as long as short
Lighter RH SOXL	+0.0032%	1h	144.48	+0.139%	$343K	$1.9M	20x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.30	+0.014%	$238K	$913K	10x	as long as short
Bybit SOXLUSDT	+0.0056%	8h	144.59	+0.215%	$51.4M	$178.2M	100x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.41	+0.090%	$6.9M	$11.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.23	−0.035%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.54	+0.180%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.52	+0.169%	$6K	—	10x	as long as short
Lighter SOXL	+0.0128%	1h	144.50	+0.152%	$802K	$2.6M	20x	as long as short
Coinbase International SOXL-PERP-INTXlong	+0.0144%	1h	144.28	long leg	$962K	$2.2M	10x
tradeXYZ xyz:SOXL	+0.0194%	1h	144.48	+0.139%	$26.1M	$22.6M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0536%	1h	144.68	+0.277%	$5K	$265K	10x	as long as short
edgeX SOXLUSDC	+0.0661%	4h	144.42	+0.094%	$180K	$323K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0996%	1h	144.59	+0.215%	$118K	$315K	10x	as long as short