Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.071%
Price spread now: OKX against Kraken Futures+0.048%55s7-day average +0.074% · 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—prices read too far apart to compare
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days+0.315%+$31 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.048%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.026% cheaper against Kraken Futures than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.074%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 145.14 | 0.0018 | pay 0.0002% / 1h | 52m 23s | $88K | $304K | 20x |
| Short | OKX SOXL-USDT-SWAP | 145.21 | 0.0014 | get 0.0014% / 8h | 5h 52m | $24.8M | $191.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$0.83
- Price spread: +0.048% → +0.074%
- −$2.63
- Slippage, 4 orders
- −$53.04
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.51
- Costs to cover
- 0.730%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 10 min ago; OKX: live order book, 2 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, 10 min ago | 4.82 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.34 bp | 6.5 bp −$7 | 9.5 bp −$95 | 41.8 bp −$4,178 | doesn't fit |
SOXL on 27 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 | 145.28 | +0.099% | $247K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.31 | +0.117% | $52.1M | $185.2M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.28 | +0.096% | $27.2M | $42.2M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.25 | +0.075% | $60.2M | $112.1M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.08 | −0.040% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.25 | +0.075% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.30 | +0.110% | $184K | $578K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.23 | +0.062% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.28 | +0.096% | $269K | $271K | 30x | as long as short |
| OKX SOXL-USDT-SWAPshort | +0.0014% | 8h | 145.21 | +0.048% | $24.8M | $191.7M | 20x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSDlong | +0.0018% | 1h | 145.14 | long leg | $88K | $304K | 20x | |
| Lighter SOXL | +0.0032% | 1h | 145.27 | +0.089% | $812K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.28 | +0.096% | $359K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.21 | +0.048% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.07 | −0.049% | $207K | $619K | 10x | as long as short |
| Variational Omni SOXL | +0.0080% | 8h | 145.15 | +0.007% | $2.4M | $4.8M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.29 | +0.103% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.03 | −0.076% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.26 | +0.082% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.21 | +0.048% | $6K | — | 10x | as long as short |
| MEXC SOXL_USDT | +0.0125% | 8h | 145.27 | +0.089% | $15.6M | $48.7M | 200x | as long as short |
| Binance SOXLUSDT | +0.0126% | 8h | 145.24 | +0.069% | $169.4M | $1.23B | 50x | as long as short |
| Extended SOXL-USD | +0.0128% | 1h | 145.32 | +0.126% | $25K | $241K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.41 | +0.186% | $804K | $2.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0232% | 1h | 145.28 | +0.096% | $117K | $284K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0296% | 1h | 145.38 | +0.165% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0523% | 4h | 145.23 | +0.064% | $181K | $324K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
OKX SOXL-USDT-SWAP
Aster SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Variational Omni SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
MEXC SOXL_USDT
Binance SOXLUSDT
Extended SOXL-USD
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC