Funding you earn now, next payment 09:00 UTC−0.0571%/8h= −62.5% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against GRVT+0.154%7-day average −0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$790.795% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 4 days (all we have)−0.380%−$38 · spread now +0.154%, 7d avg −0.103%
=Together, before fees−0.697%+ Points / potential airdropGRVT: Active · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.257% dearer against GRVT than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.103%): +$26 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.317% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.317% in total (about -16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SOXL_USDT_Perp | 137.33 | 0.0450 | pay 0.0450% / 8h | 7h 18m | $63K | $193K | 10x |
| Short | Kraken Futures PF_SOXLUSD | 137.54 | −0.0121 | pay 0.0015% / 1h | 18m 56s | $78K | $328K | 20x |
GRVT SOXL_USDT_Perp
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- −$119.83
- Price spread: +0.154% → −0.103%
- $25.69
- Slippage, 4 orders
- −$60.5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$173.64
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 13 min ago; Kraken Futures: live order book, 14 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 GRVT live order book, 13 min ago | 2.57 bp | 7.1 bp −$7 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 14 min ago | 5.51 bp | 29.3 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1348% | 8h | 137.66 | +0.241% | $58.3M | $149.9M | 20x | as long as short |
| Kraken Futures PF_SOXLUSDshort | −0.0121% | 1h | 137.54 | +0.154% | $78K | $328K | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 137.61 | +0.205% | $186K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.56 | +0.166% | $41K | $384K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.58 | +0.186% | $161.7M | $1.53B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.66 | +0.241% | $26.1M | $236.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.53 | +0.147% | $29.6M | $54.5M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.58 | +0.183% | $13.3M | $58.0M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 137.42 | +0.063% | $1.8M | $5.5M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.61 | +0.205% | $1K | $3.9M | 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
SunX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 137.73 | +0.292% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.54 | +0.154% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 137.61 | +0.205% | $254K | $264K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0024% | 8h | 137.63 | +0.220% | $1.3M | $496K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 137.54 | +0.154% | $254K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.49 | +0.118% | $20.8M | $31.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 137.52 | +0.139% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 137.53 | +0.147% | $215K | $402K | 10x | as long as short |
| Lighter SOXL | +0.0072% | 1h | 137.58 | +0.183% | $656K | $2.6M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.50 | +0.125% | $6.3M | $10.6M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.98 | −0.254% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.45 | +0.088% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.61 | +0.208% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.54 | +0.154% | $986K | $3.2M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0268% | 8h | 137.66 | +0.241% | $46.6M | $224.9M | 100x | as long as short |
| GRVT SOXL_USDT_Perplong | +0.0450% | 8h | 137.33 | long leg | $63K | $193K | 10x | |
| edgeX SOXLUSDC | +0.0494% | 4h | 137.21 | −0.088% | $171K | $332K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0550% | 1h | 137.55 | +0.161% | $109K | $387K | 10x | as long as short |
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Bybit SOXLUSDT
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL