Funding you earn now, next payment 06:00 UTC−0.0144%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h +0.008%
Price spread now: Polymarket Perps against Kraken Futures+0.194%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 6 days (all we have)+0.470%+$47 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.194%, 7d avg +0.074%
=The price spread pays, funding is against you. Polymarket Perps is 0.120% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.074%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 6 days funding on this pair paid +0.470%, 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 | 140.73 | 0.0650 | pay 0.0081% / 1h | 48m 09s | $85K | $299K | 20x |
| Short | Polymarket Perps SOXL-USD | 141.00 | 0.0506 | get 0.0063% / 1h | 48m 09s | $3K | $269K | 10x |
Kraken Futures PF_SOXLUSD
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$30.16
- Price spread: +0.194% → +0.074%
- $12.02
- Slippage, 4 orders
- −$52.84
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$88.97
- Costs to cover
- 0.708%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 64 min ago; Polymarket Perps: live order book, 64 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, 64 min ago | 5.21 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 64 min ago | 3.48 bp | 8.2 bp −$8 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1609% | 8h | 140.93 | +0.144% | $60.5M | $128.3M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.78 | +0.037% | $206K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.86 | +0.093% | $33K | $312K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.77 | +0.033% | $165.0M | $1.36B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.77 | +0.031% | $46.8M | $216.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.75 | +0.017% | $25.5M | $210.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.79 | +0.045% | $26.0M | $46.2M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.82 | +0.066% | $16.7M | $52.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.31 | +0.415% | $2.2M | $5.0M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | +0.414% | $67K | $196K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
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 | 140.91 | +0.130% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 140.85 | +0.088% | $110K | $333K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.91 | +0.130% | $102K | $1.1M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.81 | +0.059% | $2.4M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0020% | 8h | 141.18 | +0.322% | $1.2M | $474K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.82 | +0.066% | $264K | $1.7M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.35 | +0.443% | $208K | $502K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.87 | +0.102% | $260K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0056% | 1h | 140.80 | +0.052% | $695K | $2.3M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.92 | +0.137% | $6.7M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.27 | +0.386% | $37K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.89 | +0.116% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.90 | +0.125% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0113% | 4h | 141.14 | +0.290% | $176K | $329K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0118% | 1h | 140.74 | +0.009% | $25.1M | $24.1M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.78 | +0.038% | $894K | $2.9M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0506% | 1h | 141.00 | +0.194% | $3K | $269K | 10x | |
| Kraken Futures PF_SOXLUSDlong | +0.0650% | 1h | 140.73 | long leg | $85K | $299K | 20x |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
Lighter SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX