Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.005%
Price spread now: KuCoin against Coinbase International+0.116%7-day average −0.012% · 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−$41as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.116%, 7d avg −0.012%
=The price spread pays, funding is against you. KuCoin is 0.127% dearer against Coinbase International than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of −0.012%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 138.00 | 0.0184 | pay 0.0023% / 1h | 25m 38s | $952K | $3.1M | 10x |
| Short | KuCoin SOXLUSDTM | 138.16 | 0.0100 | get 0.0100% / 8h | 2h 25m | $6.6M | $10.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.64
- Price spread: +0.116% → −0.012%
- $12.75
- Slippage, 4 orders
- −$31.41
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$58.3
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; KuCoin: live order book, 3 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 | 3.63 bp | 8.6 bp −$9 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.45 bp | 15.1 bp −$15 | 155.1 bp −$1,551 | 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 | −0.2350% | 8h | 138.42 | +0.304% | $59.2M | $133.3M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.23 | +0.164% | $202K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.21 | +0.155% | $32K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.36 | +0.262% | $164.6M | $1.40B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.43 | +0.312% | $46.5M | $222.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.48 | +0.348% | $26.5M | $215.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.20 | +0.145% | $27.8M | $48.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.22 | +0.159% | $15.4M | $53.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.14 | +0.103% | $1.9M | $5.3M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.40 | +0.290% | $66K | $199K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.15 | +0.109% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 137.78 | −0.159% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.12 | +0.087% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0009% | 8h | 137.89 | −0.080% | $1.3M | $463K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.12 | +0.087% | $264K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.05 | +0.036% | $22.4M | $28.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.38 | +0.275% | $203K | $488K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 138.28 | +0.203% | $256K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0056% | 1h | 138.14 | +0.101% | $674K | $2.3M | 20x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 138.16 | +0.116% | $6.6M | $10.6M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 137.94 | −0.043% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.98 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.01 | +0.006% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0184% | 1h | 138.00 | long leg | $952K | $3.1M | 10x | |
| edgeX SOXLUSDC | +0.0301% | 4h | 137.86 | −0.099% | $172K | $328K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0480% | 1h | 138.13 | +0.094% | $7K | $288K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0662% | 1h | 138.12 | +0.087% | $83K | $295K | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0983% | 1h | 138.05 | +0.036% | $107K | $337K | 10x | as long as short |
Coinbase International SOXL-PERP-INTX
KuCoin SOXLUSDTM
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Lighter SOXL
ApeX Omni SOXLUSDT
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
Deribit SOXL_USDC-PERPETUAL