SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0268%/8h= +29.4% APRnext payment +$0.34 per $10,000 · paid last 24h −0.034%

Price spread now: Coinbase International against Kraken Futures−0.043%7-day average +0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$700.700% of the position

Long on Kraken Futures Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.571%+$57 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.043%, 7d avg +0.078%

Together, before fees+0.594%+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.121% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.078%). If the spread goes back, that is −$12 on $10k: about 36 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOXLUSD	145.05	−0.0116	get 0.0015% / 1h	12m 56s	$88K	$304K	20x
Short	Coinbase International SOXL-PERP-INTX	144.99	0.0152	get 0.0019% / 1h	12m 56s	$902K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 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 Kraken FuturesbpFee Coinbase InternationalbpOrdersPrice spread, now −0.043%Rate

Funding earned: $56.32
Price spread: −0.043% → +0.078%: −$12.12
Slippage, 4 orders: −$49.99
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$25.79
Costs to cover: 0.700%
Break-even: 10.2 days

Slippage from Kraken Futures: live order book, 45 min ago; Coinbase International: live order book, 1 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, 45 min ago	4.80 bp	29.2 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	0.34 bp	5.7 bp −$6	9.2 bp −$92	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_SOXLUSDlong	−0.0116%	1h	145.05	long leg	$88K	$304K	20x
Aster SOXLUSDT	0.0000%	8h	145.04	−0.012%	$232K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	144.96	−0.064%	$29K	$241K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	144.98	−0.046%	$169.2M	$1.25B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	144.98	−0.050%	$50.6M	$188.4M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.95	−0.070%	$24.5M	$196.8M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.99	−0.043%	$27.2M	$43.2M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	145.00	−0.036%	$14.9M	$49.6M	200x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.99	−0.043%	$60.0M	$113.1M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	145.07	+0.012%	$2.4M	$4.7M	—	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	144.97	−0.057%	$71K	$177K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.01	−0.029%	$1K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	145.02	−0.022%	$114K	$290K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.99	−0.043%	$183K	$569K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.02	−0.022%	$2.4M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.96	−0.064%	$268K	$266K	30x	as long as short
BloFin SOXL-USDT	+0.0023%	8h	144.97	−0.057%	$1.2M	$476K	50x	as long as short
Lighter SOXL	+0.0032%	1h	144.99	−0.043%	$727K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	145.00	−0.036%	$275K	$1.9M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	144.99	−0.043%	$25.4M	$22.8M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.94	−0.077%	$207K	$488K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.02	−0.022%	$6.9M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.99	−0.043%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.02	−0.022%	$1K	$5K	20x	as long as short
edgeX SOXLUSDC	+0.0101%	4h	144.95	−0.072%	$181K	$329K	10x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.99	−0.040%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTXshort	+0.0152%	1h	144.99	−0.043%	$902K	$2.6M	10x
Polymarket Perps SOXL-USD	+0.0162%	1h	145.09	+0.026%	$3K	$269K	10x	as long as short