Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.022%
Price spread now: KuCoin against QFEX−0.029%7-day average −0.001% · 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−$64as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 4 days (all we have)+0.260%+$26 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.029%, 7d avg −0.001%
=Funding pays, the price is against you. KuCoin is 0.028% cheaper against QFEX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 34 hours of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.260% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SOXL-USD | 139.15 | 0.0035 | pay 0.0004% / 1h | 2m 24s | $257K | $264K | 30x |
| Short | KuCoin SOXLUSDTM | 139.11 | 0.0100 | get 0.0100% / 8h | 2m 24s | $6.5M | $10.9M | 20x |
QFEX SOXL-USD
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $13.69
- Price spread: −0.029% → −0.001%
- −$2.81
- Slippage, 4 orders
- −$39.23
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$50.35
- Costs to cover
- 0.612%
- Break-even
- 32.7 days
Slippage from QFEX: live order book, 13 min ago; KuCoin: live order book, 6 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, 13 min ago | 2.16 bp | 7.3 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.36 bp | 13.2 bp −$13 | 44.0 bp −$440 | 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 | −0.1808% | 8h | 139.34 | +0.137% | $61.0M | $142.3M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0016% | 8h | 139.31 | +0.115% | $1.3M | $473K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.13 | −0.015% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.15 | 0.000% | $51K | $355K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.21 | +0.043% | $163.5M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.20 | +0.036% | $46.1M | $222.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.20 | +0.036% | $26.0M | $229.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.23 | +0.057% | $27.9M | $51.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.24 | +0.065% | $14.6M | $55.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.06 | −0.067% | $1.9M | $5.5M | — | 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 | 139.03 | −0.084% | $64K | $201K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.33 | +0.129% | $2K | $4.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.20 | +0.036% | $108K | $359K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.21 | +0.043% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.23 | +0.057% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.14 | −0.007% | $676K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.11 | −0.029% | $263K | $1.7M | 20x | as long as short |
| QFEX SOXL-USDlong | +0.0035% | 1h | 139.15 | long leg | $257K | $264K | 30x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.17 | +0.014% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.85 | −0.216% | $211K | $460K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 139.12 | −0.021% | $73K | $317K | 20x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 139.11 | −0.029% | $6.5M | $10.9M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.04 | −0.079% | $36K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.17 | +0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.18 | +0.018% | $5K | — | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0127% | 1h | 139.31 | +0.115% | $9K | $292K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.29 | +0.101% | $954K | $3.1M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0643% | 4h | 138.91 | −0.172% | $173K | $332K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC