Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.021%
Price spread now: Variational Omni against KuCoin−0.025%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.046%−$5 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.025%, 7d avg +0.019%
=Together, before fees−0.023%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.044% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 144.72 | 0.0100 | pay 0.0100% / 8h | 15m 48s | $6.9M | $10.8M | 20x |
| Short | Variational Omni SOXL | 144.68 | 0 | get 0.0000% / 8h | 15m 48s | $2.2M | $4.9M | — |
KuCoin SOXLUSDTM
Variational Omni SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.025% → +0.019%
- −$4.43
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.43
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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, 3 min ago | 1.38 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.38 bp | doesn't fit | 3.4 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0023% | 1h | 144.58 | −0.099% | $90K | $303K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.66 | −0.041% | $214K | $1.6M | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.61 | −0.076% | $25.6M | $184.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.65 | −0.048% | $27.5M | $39.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.63 | −0.062% | $60.3M | $109.2M | 20x | as long as short |
| Variational Omni SOXLshort | 0.0000% | 8h | 144.68 | −0.025% | $2.2M | $4.9M | — | |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.97 | +0.172% | $72K | $163K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.70 | −0.014% | $1K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.76 | +0.028% | $186K | $597K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.68 | −0.028% | $2.5M | $1.2M | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXL_USDT | +0.0019% | 8h | 144.67 | −0.035% | $14.2M | $46.6M | 200x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.65 | −0.048% | $308K | $257K | 30x | as long as short |
| Binance SOXLUSDT | +0.0024% | 8h | 144.64 | −0.055% | $172.2M | $1.19B | 50x | as long as short |
| Extended SOXL-USD | +0.0024% | 1h | 144.65 | −0.046% | $27K | $338K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0026% | 8h | 144.80 | +0.055% | $1.2M | $490K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.64 | −0.055% | $343K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.68 | −0.028% | $238K | $915K | 10x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 144.72 | long leg | $6.9M | $10.8M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.75 | +0.021% | $38K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.66 | −0.041% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.65 | −0.048% | $6K | — | 10x | as long as short |
| Bybit SOXLUSDT | +0.0111% | 8h | 144.68 | −0.028% | $51.4M | $178.2M | 100x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 144.80 | +0.055% | $977K | $2.3M | 10x | as long as short |
| Lighter SOXL | +0.0192% | 1h | 144.60 | −0.083% | $802K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0194% | 1h | 144.56 | −0.111% | $26.3M | $22.0M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0268% | 4h | 144.92 | +0.141% | $181K | $323K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0511% | 1h | 144.69 | −0.021% | $118K | $297K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0585% | 1h | 144.79 | +0.048% | $5K | $265K | 10x | as long as short |
MEXC SOXL_USDT
QFEX SOXL-USD
Binance SOXLUSDT
Extended SOXL-USD
BloFin SOXL-USDT
Lighter RH SOXL
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Bybit SOXLUSDT
Coinbase International SOXL-PERP-INTX
Lighter SOXL
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD