Funding you earn now, next payment 11:00 UTC+0.0463%/8h= +50.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.001%
Price spread now: Kraken Futures against Polymarket Perps−0.126%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1181.181% of the position
Funding, last 6 days (all we have)−0.456%−$46 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.126%, 7d avg −0.076%
=Funding pays, the price is against you. Kraken Futures is 0.050% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.076%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 6 days funding on this pair cost −0.456%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOXL-USD | 141.00 | 0.0050 | pay 0.0006% / 1h | 1m 49s | $10K | $296K | 10x |
| Short | Kraken Futures PF_SOXLUSD | 140.82 | 0.0513 | get 0.0064% / 1h | 1m 49s | $88K | $374K | 20x |
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Polymarket Perps. 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
- $97.32
- Price spread: −0.126% → −0.076%
- −$5
- Slippage, 4 orders
- −$100.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$25.78
- Costs to cover
- 1.181%
- Break-even
- 8.9 days
Slippage from Polymarket Perps: live order book, 43 min ago; Kraken Futures: live order book, 44 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 Polymarket Perps live order book, 43 min ago | 3.54 bp | 8.9 bp −$9 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 44 min ago | 5.66 bp | 68.0 bp −$68 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.0110% | 8h | 141.03 | +0.021% | $58.5M | $164.1M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | −0.0034% | 1h | 141.03 | +0.021% | $138K | $405K | 10x | as long as short |
| BloFin SOXL-USDT | −0.0015% | 8h | 140.85 | −0.106% | $1.2M | $505K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.98 | −0.015% | $180K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.99 | −0.008% | $40K | $440K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.05 | +0.033% | $162.0M | $1.68B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.11 | +0.078% | $45.3M | $232.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.01 | +0.007% | $25.3M | $262.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.01 | +0.007% | $28.0M | $61.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.99 | −0.007% | $15.0M | $62.2M | 200x | as long as short |
Bitget SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 141.53 | +0.374% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.07 | +0.049% | $66K | $198K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.92 | −0.057% | $1K | $3.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.91 | −0.064% | $87K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.00 | 0.000% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 140.99 | −0.007% | $261K | $257K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.05 | +0.035% | $676K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.03 | +0.021% | $260K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.03 | +0.021% | $21.9M | $33.2M | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0050% | 1h | 141.00 | long leg | $10K | $296K | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.07 | +0.050% | $205K | $389K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.05 | +0.035% | $6.3M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.10 | +0.071% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.04 | +0.028% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.03 | +0.019% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 140.83 | −0.121% | $794K | $3.5M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0457% | 4h | 141.18 | +0.129% | $175K | $334K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0513% | 1h | 140.82 | −0.126% | $88K | $374K | 20x |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC