Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.070%
Price spread now: SunX against Kraken Futures−0.035%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1221.224% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.035%, 7d avg +0.106%
=Funding pays, the price is against you. SunX is 0.140% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.106%). If the spread goes back, that is −$14 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 145.77 | −0.0116 | get 0.0014% / 1h | 35m 51s | $88K | $304K | 20x |
| Short | SunX SOXL-USDT | 145.72 | 0 | get 0.0000% / 8h | 4h 35m | $1K | $4.3M | 10x |
Kraken Futures PF_SOXLUSD
SunX SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $24.28
- Price spread: −0.035% → +0.106%
- −$14.01
- Slippage, 4 orders
- −$104.41
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$112.14
- Costs to cover
- 1.224%
- Break-even
- 39.3 days
Slippage from Kraken Futures: live order book, 22 min ago; SunX: live order book, 12 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, 22 min ago | 4.80 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 28.48 bp | 32.5 bp −$32 | 62.3 bp −$623 | 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 | 145.77 | long leg | $88K | $304K | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 145.75 | −0.011% | $233K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.75 | −0.014% | $52.2M | $186.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.71 | −0.041% | $24.7M | $197.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.72 | −0.035% | $27.4M | $43.0M | 50x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.73 | −0.028% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.84 | +0.048% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDTshort | 0.0000% | 8h | 145.72 | −0.035% | $1K | $4.3M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.75 | −0.014% | $115K | $286K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.75 | −0.014% | $184K | $569K | 50x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXLUSDT | 0.0000% | 8h | 145.72 | −0.035% | $2.5M | $1.2M | 10x | as long as short |
| Bitget SOXLUSDT | +0.0006% | 8h | 145.71 | −0.041% | $60.4M | $112.9M | 20x | as long as short |
| Extended SOXL-USD | +0.0016% | 1h | 145.70 | −0.047% | $24K | $244K | 10x | as long as short |
| Binance SOXLUSDT | +0.0017% | 8h | 145.73 | −0.028% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0019% | 8h | 145.73 | −0.028% | $15.2M | $49.0M | 200x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.73 | −0.028% | $269K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.74 | −0.021% | $731K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.72 | −0.035% | $277K | $1.9M | 20x | as long as short |
| BloFin SOXL-USDT | +0.0038% | 8h | 145.75 | −0.014% | $1.2M | $479K | 50x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.71 | −0.041% | $25.6M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.67 | −0.069% | $208K | $491K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.75 | −0.014% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.71 | −0.041% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.75 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.73 | −0.027% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.70 | −0.048% | $907K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0164% | 1h | 145.84 | +0.048% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0322% | 4h | 145.69 | −0.053% | $182K | $326K | 10x | as long as short |
Phemex SOXLUSDT
Bitget SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
BloFin SOXL-USDT
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC