Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against KuCoin+0.128%110s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as 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−$480.484% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.128%, 7d avg +0.051%
=The price spread pays, funding is against you. BloFin is 0.077% dearer against KuCoin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.051%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.016% in total) that is about 33 days. The two prices were read 110 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 | KuCoin SOXLUSDTM | 140.86 | 0.0100 | pay 0.0100% / 8h | 3h 13m | $6.7M | $10.3M | 20x |
| Short | BloFin SOXL-USDT | 141.04 | −0.0020 | pay 0.0020% / 8h | 3h 13m | $1.2M | $471K | 50x |
KuCoin SOXLUSDTM
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$25.16
- Price spread: +0.128% → +0.051%
- $7.72
- Slippage, 4 orders
- −$24.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.85
- Costs to cover
- 0.484%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 9 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 KuCoin live order book, 5 min ago | 0.71 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 1.42 bp | 7.4 bp −$7 | 7.9 bp −$79 | 13.7 bp −$1,375 | 49.4 bp −$24.7K |
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 | −0.1108% | 8h | 140.88 | +0.014% | $58.9M | $122.3M | 20x | as long as short |
| BloFin SOXL-USDTshort | −0.0020% | 8h | 141.04 | +0.128% | $1.2M | $471K | 50x | |
| Aster SOXLUSDT | 0.0000% | 8h | 140.73 | −0.095% | $212K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.86 | −0.003% | $33K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.73 | −0.092% | $165.1M | $1.32B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.70 | −0.114% | $47.5M | $207.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.67 | −0.135% | $24.9M | $203.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.87 | +0.007% | $26.2M | $45.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.69 | −0.121% | $14.6M | $51.2M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.11 | +0.178% | $2.2M | $4.9M | — | 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 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 | 140.86 | 0.000% | $66K | $188K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.98 | +0.085% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.75 | −0.078% | $115K | $880K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.86 | 0.000% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 140.85 | −0.007% | $260K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.85 | −0.007% | $691K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.79 | −0.050% | $261K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.66 | −0.142% | $207K | $500K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 140.96 | +0.073% | $83K | $294K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0057% | 1h | 140.61 | −0.177% | $24.9M | $23.5M | 10x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 140.86 | long leg | $6.7M | $10.3M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.84 | −0.014% | $37K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.85 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.90 | +0.032% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 141.21 | +0.248% | $880K | $2.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0400% | 1h | 140.86 | 0.000% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0474% | 4h | 140.99 | +0.094% | $176K | $330K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0816% | 1h | 140.90 | +0.028% | $110K | $333K | 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
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL