Funding you earn now, next payment 07:00 UTC−0.0388%/8h= −42.5% APRnext payment −$0.49 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Kraken Futures−0.107%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 4 days (all we have)+0.410%+$41 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.107%, 7d avg +0.064%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and QFEX is 0.171% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.064%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.410%, 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 | 138.53 | 0.0434 | pay 0.0054% / 1h | 52m 59s | $83K | $297K | 20x |
| Short | QFEX SOXL-USD | 138.38 | 0.0046 | get 0.0006% / 1h | 52m 59s | $256K | $266K | 30x |
Kraken Futures PF_SOXLUSD
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$81.54
- Price spread: −0.107% → +0.064%
- −$17.07
- Slippage, 4 orders
- −$59.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$178.39
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 55 min ago; QFEX: live order book, 32 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, 55 min ago | 4.98 bp | 36.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 32 min ago | 1.81 bp | 7.1 bp −$7 | 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 | −0.2226% | 8h | 138.64 | +0.081% | $59.9M | $138.2M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.56 | +0.022% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.51 | −0.011% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.62 | +0.066% | $163.5M | $1.45B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.58 | +0.038% | $46.3M | $228.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.55 | +0.016% | $26.3M | $224.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.53 | +0.002% | $28.0M | $49.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.50 | −0.020% | $17.1M | $54.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.92 | +0.284% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.55 | +0.015% | $64K | $203K | 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 | 138.54 | +0.009% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.59 | +0.045% | $92K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.50 | −0.020% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0002% | 8h | 138.56 | +0.023% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.48 | −0.035% | $684K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.43 | −0.071% | $268K | $1.7M | 20x | as long as short |
| QFEX SOXL-USDshort | +0.0046% | 1h | 138.38 | −0.107% | $256K | $266K | 30x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.45 | −0.056% | $21.4M | $29.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.22 | +0.500% | $211K | $510K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.48 | −0.035% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.02 | +0.355% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.44 | −0.063% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.45 | −0.059% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0166% | 4h | 138.68 | +0.107% | $173K | $330K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0194% | 1h | 138.55 | +0.016% | $8K | $291K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.59 | +0.045% | $945K | $3.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0328% | 1h | 138.51 | −0.013% | $118K | $352K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0434% | 1h | 138.53 | long leg | $83K | $297K | 20x |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL