Funding you earn now, next payment 07:00 UTC+0.0388%/8h= +42.5% APRnext payment +$0.49 per $10,000 · paid last 24h +0.055%
Price spread now: Kraken Futures against QFEX+0.107%7-day average −0.064% · 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−$63as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 4 days (all we have)−0.410%−$41 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.107%, 7d avg −0.064%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.171% dearer against QFEX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 4 days funding on this pair cost −0.410%, 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 | QFEX SOXL-USD | 138.38 | 0.0046 | pay 0.0006% / 1h | 52m 59s | $256K | $266K | 30x |
| Short | Kraken Futures PF_SOXLUSD | 138.53 | 0.0434 | get 0.0054% / 1h | 52m 59s | $83K | $297K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against QFEX. 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
- $81.54
- Price spread: +0.107% → −0.064%
- $17.08
- Slippage, 4 orders
- −$59.78
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.84
- Costs to cover
- 0.798%
- Break-even
- 5.4 days
Slippage from QFEX: live order book, 32 min ago; Kraken Futures: live order book, 55 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 QFEX live order book, 32 min ago | 1.81 bp | 6.8 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 55 min ago | 4.98 bp | 29.4 bp −$29 | doesn't fit | 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 | −0.2226% | 8h | 138.64 | +0.188% | $59.9M | $138.2M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.56 | +0.129% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.51 | +0.096% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.62 | +0.173% | $163.5M | $1.45B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.58 | +0.145% | $46.3M | $228.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.55 | +0.123% | $26.3M | $224.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.53 | +0.108% | $28.0M | $49.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.50 | +0.087% | $17.1M | $54.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.92 | +0.391% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.55 | +0.122% | $64K | $203K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.54 | +0.116% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.59 | +0.152% | $92K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.50 | +0.087% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0002% | 8h | 138.56 | +0.130% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.48 | +0.072% | $684K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.43 | +0.036% | $268K | $1.7M | 20x | as long as short |
| QFEX SOXL-USDlong | +0.0046% | 1h | 138.38 | long leg | $256K | $266K | 30x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.45 | +0.051% | $21.4M | $29.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.22 | +0.607% | $211K | $510K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.48 | +0.072% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.02 | +0.462% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.44 | +0.043% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.45 | +0.048% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0166% | 4h | 138.68 | +0.214% | $173K | $330K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0194% | 1h | 138.55 | +0.123% | $8K | $291K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.59 | +0.152% | $945K | $3.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0328% | 1h | 138.51 | +0.094% | $118K | $352K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0434% | 1h | 138.53 | +0.107% | $83K | $297K | 20x |
Kraken Futures PF_SOXLUSD
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_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL