Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against Binance−0.168%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 7 days+0.172%+$17 · spread now −0.168%, 7d avg −0.041%
=Funding pays, the price is against you. KuCoin is 0.127% cheaper against Binance than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of −0.041%). If the spread goes back, that is −$13 on $10k: about 4.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.102% in total) that is about 8.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOXLUSDT | 139.00 | 0 | get 0.0000% / 8h | 1h 24m | $163.9M | $1.47B | 50x |
| Short | KuCoin SOXLUSDTM | 138.77 | 0.0100 | get 0.0100% / 8h | 1h 24m | $6.6M | $11.0M | 20x |
Binance SOXLUSDT
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.168% → −0.041%
- −$12.67
- Slippage, 4 orders
- −$26.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.12
- Costs to cover
- 0.484%
- Break-even
- 20.4 days
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 4 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 Binance live order book, 5 min ago | 0.36 bp | 5.6 bp −$6 | 7.5 bp −$75 | 23.9 bp −$2,392 | 103.7 bp −$51.9K |
| Sell KuCoin live order book, 4 min ago | 0.36 bp | 10.8 bp −$11 | 110.1 bp −$1,101 | 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 | −0.2526% | 8h | 139.05 | +0.034% | $60.3M | $139.6M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.82 | −0.133% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.94 | −0.044% | $35K | $314K | 10x | as long as short |
| Binance SOXLUSDTlong | 0.0000% | 8h | 139.00 | long leg | $163.9M | $1.47B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.01 | +0.005% | $46.1M | $230.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.06 | +0.041% | $26.4M | $226.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.91 | −0.067% | $28.3M | $49.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.94 | −0.045% | $16.7M | $55.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.93 | −0.052% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.56 | −0.315% | $64K | $203K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.90 | −0.074% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.10 | +0.070% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.02 | +0.012% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0023% | 8h | 138.78 | −0.161% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.02 | +0.012% | $688K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.00 | −0.002% | $268K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0038% | 1h | 139.05 | +0.034% | $108K | $364K | 10x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.82 | −0.132% | $257K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.85 | −0.110% | $21.3M | $30.2M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.59 | −0.297% | $211K | $480K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 138.77 | −0.168% | $6.6M | $11.0M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.52 | −0.348% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.85 | −0.110% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.82 | −0.132% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.71 | −0.211% | $948K | $3.2M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0271% | 4h | 138.58 | −0.302% | $173K | $330K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0272% | 1h | 138.98 | −0.017% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0433% | 1h | 138.82 | −0.130% | $81K | $299K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
Deribit SOXL_USDC-PERPETUAL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD