Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.033%
Price spread now: Kraken Futures against KuCoin+0.200%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$1011.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.469%−$47 on $10k
Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.200%, 7d avg −0.068%
Together, before fees−0.751%−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.268% dearer against KuCoin than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.068%): +$27 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.469% in total) that is about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXLUSDTM142.590.0100pay 0.0100% / 8h3h 40m$6.8M$10.1M20x
ShortKraken Futures PF_SOXLUSD142.880.0050get 0.0006% / 1h40m 26s$87K$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.51
Price spread: +0.200% → −0.068%
$26.79
Slippage, 4 orders
−$79.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$85.22
Costs to cover
1.015%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Kraken Futures: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago0.70 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 12 min ago5.21 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXL-USDT−0.0010%8h142.74+0.105%$1.2M$469K50xas long as short
Aster SOXLUSDT0.0000%8h142.59+0.003%$228K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h142.58−0.004%$32K$270K10xas long as short
Binance SOXLUSDT0.0000%8h142.48−0.077%$165.5M$1.27B50xas long as short
Bybit SOXLUSDT0.0000%8h142.50−0.063%$47.2M$196.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h142.50−0.063%$24.0M$198.0M20xas long as short
Gate SOXL_USDT0.0000%8h142.63+0.028%$26.4M$43.8M50xas long as short
MEXC SOXL_USDT0.0000%8h142.590.000%$14.8M$49.8M200xas long as short
Bitget SOXLUSDT0.0000%8h142.56−0.021%$58.9M$115.9M20xas long as short
Variational Omni SOXL0.0000%8h142.84+0.175%$2.2M$4.8Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h143.54+0.666%$68K$180K10xas long as short
SunX SOXL-USDT0.0000%8h142.90+0.217%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h143.19+0.421%$180K$576K50xas long as short
Phemex SOXLUSDT0.0000%8h142.81+0.154%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h142.590.000%$263K$266K30xas long as short
Lighter SOXL+0.0032%1h142.57−0.014%$703K$2.5M20xas long as short
Lighter RH SOXL+0.0032%1h142.52−0.049%$268K$1.8M20xas long as short
Kraken Futures PF_SOXLUSDshort+0.0050%1h142.88+0.200%$87K$286K20x
tradeXYZ xyz:SOXL+0.0050%1h142.38−0.147%$24.9M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h143.09+0.351%$200K$487K10xas long as short
KuCoin SOXLUSDTMlong+0.0100%8h142.59long leg$6.8M$10.1M20x
ApeX Omni SOXLUSDT+0.0100%1h143.38+0.554%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h142.78+0.133%$1K$5K20xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0100%1h142.73+0.098%$111K$316K10xas long as short
Aevo SOXL-PERP+0.0104%1h142.79+0.142%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h142.97+0.266%$759K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0185%1h142.590.000%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0187%4h143.42+0.581%$179K$327K10xas long as short