Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.064%
Price spread now: Binance against Kraken Futures+0.141%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days+0.358%+$36 on $10k
+Price spread, last 4 days (all we have)−0.337%−$34 · spread now +0.141%, 7d avg +0.051%
=The price spread pays, funding is against you. Binance is 0.090% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of +0.051%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.358%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 138.76 | 0.0072 | pay 0.0009% / 1h | 49m 47s | $80K | $293K | 20x |
| Short | Binance SOXLUSDT | 138.96 | 0 | get 0.0000% / 8h | 49m 47s | $163.7M | $1.47B | 50x |
Kraken Futures PF_SOXLUSD
Binance SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$15.07
- Price spread: +0.141% → +0.051%
- $9.04
- Slippage, 4 orders
- −$57.76
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.79
- Costs to cover
- 0.778%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 53 min ago; Binance: live order book, 9 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 Kraken Futures live order book, 53 min ago | 5.43 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.36 bp | 5.4 bp −$5 | 6.3 bp −$63 | 20.2 bp −$2,024 | 115.0 bp −$57.5K |
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 | −0.2136% | 8h | 139.09 | +0.235% | $60.6M | $141.8M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.94 | +0.123% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.99 | +0.164% | $52K | $358K | 10x | as long as short |
| Binance SOXLUSDTshort | 0.0000% | 8h | 138.96 | +0.141% | $163.7M | $1.47B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.89 | +0.091% | $46.1M | $228.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.81 | +0.033% | $26.4M | $227.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.88 | +0.083% | $28.4M | $49.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.93 | +0.119% | $15.1M | $54.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.56 | −0.149% | $1.9M | $5.5M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.90 | +0.097% | $64K | $204K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit 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 | 138.74 | −0.018% | $2K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.65 | −0.082% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.89 | +0.091% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0015% | 8h | 138.57 | −0.140% | $1.3M | $468K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.84 | +0.055% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.65 | −0.082% | $256K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.82 | +0.040% | $21.2M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.60 | −0.118% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0072% | 1h | 138.76 | long leg | $80K | $293K | 20x | |
| Lighter SOXL | +0.0072% | 1h | 138.97 | +0.148% | $675K | $2.4M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.92 | +0.112% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.68 | −0.061% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.70 | −0.046% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.72 | −0.033% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0164% | 4h | 138.75 | −0.009% | $173K | $331K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0170% | 1h | 138.76 | −0.003% | $9K | $292K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.15 | +0.278% | $952K | $3.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0471% | 1h | 138.81 | +0.033% | $108K | $358K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Lighter SOXL
KuCoin SOXLUSDTM
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