Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin+0.064%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1031.035% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.064%, 7d avg +0.033%
=The price spread pays, funding is against you. SunX is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.033%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 139.90 | 0.0100 | pay 0.0100% / 8h | 4h 44m | $6.2M | $10.2M | 20x |
| Short | SunX SOXL-USDT | 139.99 | 0 | get 0.0000% / 8h | 4h 44m | $2K | $3.6M | 10x |
KuCoin SOXLUSDTM
SunX SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.064% → +0.033%
- $3.09
- Slippage, 4 orders
- −$83.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$121.37
- Costs to cover
- 1.035%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 7 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 | 0.72 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 28.88 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
SOXL on 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.2708% | 1h | 139.72 | −0.127% | $89K | $376K | 20x | as long as short |
| QFEX SOXL-USD | −0.0001% | 1h | 139.90 | 0.000% | $259K | $258K | 30x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.74 | −0.113% | $182K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.97 | +0.049% | $40K | $440K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.81 | −0.064% | $159.4M | $1.70B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.86 | −0.029% | $44.6M | $235.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.83 | −0.050% | $25.0M | $265.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.87 | −0.021% | $27.7M | $61.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.79 | −0.079% | $18.8M | $62.8M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 139.87 | −0.021% | $58.0M | $166.7M | 20x | as long as short |
Kraken Futures PF_SOXLUSD
QFEX SOXL-USD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 139.45 | −0.322% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.41 | −0.354% | $65K | $198K | 10x | as long as short |
| SunX SOXL-USDTshort | 0.0000% | 8h | 139.99 | +0.064% | $2K | $3.6M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.95 | +0.036% | $137K | $399K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.55 | −0.250% | $85K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.81 | −0.064% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0024% | 8h | 139.74 | −0.114% | $1.3M | $500K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.83 | −0.050% | $675K | $2.8M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.80 | −0.071% | $242K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.85 | −0.036% | $22.2M | $33.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.88 | −0.014% | $9K | $303K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.32 | +0.300% | $199K | $396K | 10x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 139.90 | long leg | $6.2M | $10.2M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.51 | −0.279% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.89 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.80 | −0.074% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0122% | 4h | 139.41 | −0.351% | $173K | $335K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 139.70 | −0.143% | $767K | $3.6M | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX