Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.033%
Price spread now: KuCoin against Kraken Futures−0.131%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1011.015% of the position
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.131%, 7d avg +0.068%
=Funding pays, the price is against you. KuCoin is 0.198% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.068%). If the spread goes back, that is −$20 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.469% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 142.47 | 0.0050 | pay 0.0006% / 1h | 39m 49s | $87K | $286K | 20x |
| Short | KuCoin SOXLUSDTM | 142.28 | 0.0100 | get 0.0100% / 8h | 3h 39m | $6.8M | $10.1M | 20x |
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.48
- Price spread: −0.131% → +0.068%
- −$19.82
- Slippage, 4 orders
- −$79.49
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.83
- Costs to cover
- 1.015%
- Break-even
- 81.0 days
Slippage from Kraken Futures: live order book, 13 min ago; KuCoin: live order book, 4 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, 13 min ago | 5.21 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.70 bp | 11.3 bp −$11 | 43.6 bp −$436 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0010% | 8h | 142.74 | +0.192% | $1.2M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 142.18 | −0.198% | $228K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.20 | −0.187% | $31K | $270K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 142.12 | −0.241% | $165.1M | $1.27B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.11 | −0.250% | $47.1M | $197.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.18 | −0.201% | $24.0M | $197.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.21 | −0.180% | $26.3M | $43.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.20 | −0.187% | $14.1M | $49.9M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 142.25 | −0.152% | $58.8M | $116.0M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.262% | $2.2M | $4.8M | — | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.54 | +0.753% | $68K | $180K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 142.40 | −0.046% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.73 | +0.185% | $180K | $576K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.46 | −0.004% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 142.59 | +0.087% | $263K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 142.09 | −0.264% | $701K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 142.05 | −0.292% | $267K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.08 | −0.271% | $24.9M | $22.9M | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0050% | 1h | 142.47 | long leg | $87K | $286K | 20x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.09 | +0.438% | $200K | $487K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 142.28 | −0.131% | $6.8M | $10.1M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.38 | +0.641% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 142.35 | −0.081% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.35 | −0.079% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 142.97 | +0.354% | $759K | $2.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0172% | 1h | 142.36 | −0.074% | $111K | $316K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0185% | 1h | 142.59 | +0.087% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0187% | 4h | 143.42 | +0.668% | $179K | $327K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
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