Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against KuCoin−0.107%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$420.425% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 7 days+0.123%+$12 · spread now −0.107%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 140.50 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $6.7M | $10.2M | 20x |
| Short | Bybit SOXLUSDT | 140.35 | 0 | get 0.0000% / 8h | 3h 18m | $47.5M | $206.6M | 100x |
KuCoin SOXLUSDTM
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: −0.107% → +0.038%
- −$14.46
- Slippage, 4 orders
- −$19.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.92
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 5 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 | 1.07 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.36 bp | 7.2 bp −$7 | 12.7 bp −$127 | 72.2 bp −$7,216 | 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 | −0.0878% | 8h | 140.43 | −0.050% | $58.5M | $121.0M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0026% | 8h | 140.41 | −0.064% | $1.2M | $470K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.34 | −0.117% | $212K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.39 | −0.077% | $33K | $255K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.34 | −0.114% | $163.7M | $1.31B | 50x | as long as short |
| Bybit SOXLUSDTshort | 0.0000% | 8h | 140.35 | −0.107% | $47.5M | $206.6M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.36 | −0.100% | $24.6M | $202.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.39 | −0.078% | $26.0M | $45.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.42 | −0.057% | $15.0M | $51.1M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.16 | +0.470% | $2.2M | $4.9M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance 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 | 141.05 | +0.388% | $67K | $184K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.36 | −0.100% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.46 | −0.028% | $134K | $813K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.51 | +0.007% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 140.47 | −0.021% | $259K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.42 | −0.057% | $690K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.40 | −0.071% | $261K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.28 | −0.157% | $24.8M | $23.4M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.75 | +0.178% | $208K | $500K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0051% | 1h | 140.48 | −0.013% | $83K | $293K | 20x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 140.50 | long leg | $6.7M | $10.2M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.05 | +0.391% | $37K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.30 | −0.142% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.28 | −0.160% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0116% | 4h | 141.17 | +0.474% | $176K | $329K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 140.41 | −0.064% | $874K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0364% | 1h | 140.56 | +0.043% | $3K | $268K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0606% | 1h | 140.37 | −0.093% | $109K | $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
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL