Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.022%
Price spread now: QFEX against KuCoin+0.157%7-day average −0.002% · 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−$28as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 4 days (all we have)−0.261%−$26 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.157%, 7d avg −0.002%
=The price spread pays, funding is against you. QFEX is 0.158% dearer against KuCoin than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.002%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 4 days (−0.261% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 140.37 | 0.0100 | pay 0.0100% / 8h | 2h 45m | $6.7M | $10.5M | 20x |
| Short | QFEX SOXL-USD | 140.59 | 0.0053 | get 0.0007% / 1h | 45m 04s | $260K | $266K | 30x |
KuCoin SOXLUSDTM
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$9.88
- Price spread: +0.157% → −0.002%
- $15.83
- Slippage, 4 orders
- −$21.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.39
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; QFEX: live order book, 45 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, 8 min ago | 0.71 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 45 min ago | 1.76 bp | 6.8 bp −$7 | 8.8 bp −$88 | 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 | −0.1627% | 8h | 140.36 | −0.007% | $60.4M | $128.5M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0004% | 8h | 140.66 | +0.207% | $1.2M | $472K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.18 | −0.134% | $206K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.35 | −0.012% | $33K | $312K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.20 | −0.121% | $164.4M | $1.36B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.19 | −0.128% | $46.5M | $216.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.29 | −0.057% | $25.6M | $210.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.21 | −0.114% | $25.8M | $46.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.21 | −0.114% | $16.6M | $52.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.39 | +0.015% | $1.9M | $5.3M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
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 | 140.65 | +0.201% | $66K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.42 | +0.036% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.50 | +0.093% | $101K | $1.1M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.27 | −0.071% | $2.4M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.26 | −0.078% | $263K | $1.7M | 20x | as long as short |
| Lighter SOXL | +0.0048% | 1h | 140.28 | −0.064% | $693K | $2.3M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.60 | +0.164% | $207K | $500K | 10x | as long as short |
| QFEX SOXL-USDshort | +0.0053% | 1h | 140.59 | +0.157% | $260K | $266K | 30x | |
| edgeX SOXLUSDC | +0.0094% | 4h | 140.57 | +0.144% | $175K | $330K | 10x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 140.37 | long leg | $6.7M | $10.5M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.59 | +0.157% | $37K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.38 | +0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.34 | −0.023% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0112% | 1h | 140.14 | −0.164% | $25.0M | $24.1M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.78 | +0.292% | $894K | $2.9M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0249% | 1h | 140.28 | −0.064% | $109K | $333K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0485% | 1h | 140.61 | +0.171% | $3K | $269K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0651% | 1h | 140.50 | +0.094% | $86K | $290K | 20x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Lighter SOXL
Ondo Perps SOXL-USD.P
edgeX SOXLUSDC
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD