Funding you earn now, next payment 03:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h −0.055%
Price spread now: BloFin against Kraken Futures−0.022%7-day average +0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.454%+$45 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.022%, 7d avg +0.119%
=Funding pays, the price is against you. BloFin is 0.141% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.119%). If the spread goes back, that is −$14 on $10k: about 8.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.454% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 145.78 | 0.0018 | pay 0.0002% / 1h | 2m 31s | $88K | $304K | 20x |
| Short | BloFin SOXL-USDT | 145.75 | 0.0075 | get 0.0075% / 8h | 5h 02m | $1.2M | $479K | 50x |
Kraken Futures PF_SOXLUSD
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $11.89
- Price spread: −0.022% → +0.119%
- −$14.13
- Slippage, 4 orders
- −$52.94
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.18
- Costs to cover
- 0.749%
- Break-even
- 52.4 days
Slippage from Kraken Futures: live order book, 60 min ago; BloFin: live order book, 5 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, 60 min ago | 4.82 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.69 bp | 6.7 bp −$7 | 7.6 bp −$76 | 15.4 bp −$1,540 | 43.9 bp −$21.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.91 | +0.087% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.95 | +0.115% | $52.4M | $185.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.92 | +0.094% | $25.1M | $195.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.91 | +0.087% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.91 | +0.087% | $60.5M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 146.13 | +0.241% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.88 | +0.067% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | +0.142% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.92 | +0.094% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.85 | +0.046% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0017% | 8h | 145.98 | +0.133% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0018% | 1h | 145.78 | long leg | $88K | $304K | 20x | |
| Lighter SOXL | +0.0032% | 1h | 145.83 | +0.033% | $738K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.92 | +0.094% | $280K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.90 | +0.081% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | +0.087% | $208K | $550K | 10x | as long as short |
| Binance SOXLUSDT | +0.0061% | 8h | 145.93 | +0.098% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0062% | 8h | 145.89 | +0.074% | $14.2M | $49.3M | 200x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 145.87 | +0.060% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDTshort | +0.0075% | 8h | 145.75 | −0.022% | $1.2M | $479K | 50x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.88 | +0.067% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.13 | +0.238% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.91 | +0.087% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.89 | +0.071% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.204% | $921K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0230% | 1h | 145.94 | +0.108% | $116K | $281K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0290% | 1h | 146.06 | +0.190% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0784% | 4h | 146.02 | +0.165% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
MEXC SOXL_USDT
Extended SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC