Funding you earn now, next payment 07:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.037%
Price spread now: Polymarket Perps against KuCoin+0.144%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 6 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.144%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.124% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 138.84 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $6.6M | $11.0M | 20x |
| Short | Polymarket Perps SOXL-USD | 139.04 | 0.0285 | get 0.0036% / 1h | 26m 07s | $9K | $292K | 10x |
KuCoin SOXLUSDTM
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $38.94
- Price spread: +0.144% → +0.020%
- $12.39
- Slippage, 4 orders
- −$32.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$1.08
- Costs to cover
- 0.524%
- Break-even
- 7.2 days
Slippage from KuCoin: live order book, 2 min ago; Polymarket Perps: live order book, 16 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, 2 min ago | 0.36 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 2.89 bp | 8.6 bp −$9 | 9.6 bp −$96 | 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 | −0.2557% | 8h | 139.07 | +0.166% | $60.4M | $139.5M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.79 | −0.037% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.84 | −0.001% | $35K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.97 | +0.096% | $163.9M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.00 | +0.115% | $45.9M | $230.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.97 | +0.094% | $26.4M | $227.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.92 | +0.058% | $28.3M | $49.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.96 | +0.086% | $16.7M | $55.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.24 | −0.432% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.32 | −0.378% | $64K | $202K | 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 | 138.57 | −0.194% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.63 | −0.151% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.95 | +0.079% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0010% | 8h | 138.58 | −0.187% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.93 | +0.065% | $688K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.92 | +0.058% | $268K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.52 | −0.230% | $257K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.82 | −0.014% | $21.3M | $30.2M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.59 | −0.180% | $211K | $480K | 10x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 138.84 | long leg | $6.6M | $11.0M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.73 | −0.079% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.79 | −0.036% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.76 | −0.060% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0110% | 1h | 138.94 | +0.072% | $108K | $364K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.50 | −0.245% | $947K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0285% | 1h | 139.04 | +0.144% | $9K | $292K | 10x | |
| Kraken Futures PF_SOXLUSD | +0.0433% | 1h | 138.77 | −0.054% | $81K | $298K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0756% | 4h | 138.74 | −0.075% | $173K | $329K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC