Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Bybit−0.181%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days+0.171%+$17 · spread now −0.181%, 7d avg −0.038%
=Funding pays, the price is against you. KuCoin is 0.143% cheaper against Bybit than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of −0.038%). If the spread goes back, that is −$14 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 138.00 | 0 | get 0.0000% / 8h | 1h 38m | $45.9M | $229.3M | 100x |
| Short | KuCoin SOXLUSDTM | 137.75 | 0.0100 | get 0.0100% / 8h | 1h 38m | $6.6M | $10.9M | 20x |
Bybit SOXLUSDT
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: −0.181% → −0.038%
- −$14.31
- Slippage, 4 orders
- −$28.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$44.62
- Costs to cover
- 0.513%
- Break-even
- 21.9 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 10 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 Bybit live order book, 1 min ago | 0.36 bp | 7.1 bp −$7 | 11.1 bp −$111 | 84.4 bp −$8,443 | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 0.36 bp | 12.1 bp −$12 | 124.5 bp −$1,245 | 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 | −0.2486% | 8h | 138.06 | +0.043% | $59.7M | $138.7M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0003% | 8h | 137.87 | −0.094% | $1.3M | $463K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.96 | −0.030% | $203K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.72 | −0.200% | $35K | $316K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.97 | −0.019% | $163.7M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 138.00 | long leg | $45.9M | $229.3M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.04 | +0.029% | $26.2M | $224.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.97 | −0.022% | $28.0M | $49.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.95 | −0.036% | $17.0M | $55.1M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.16 | +0.117% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance 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 | 138.16 | +0.114% | $63K | $204K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.82 | −0.130% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.17 | +0.123% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.98 | −0.014% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 137.80 | −0.145% | $683K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 137.78 | −0.159% | $267K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 137.84 | −0.116% | $254K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.81 | −0.138% | $21.2M | $29.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.05 | +0.036% | $210K | $492K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 137.75 | −0.181% | $6.6M | $10.9M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.06 | +0.043% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.76 | −0.174% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.74 | −0.190% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 137.66 | −0.246% | $940K | $3.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0288% | 1h | 137.84 | −0.116% | $9K | $292K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0404% | 1h | 137.80 | −0.145% | $117K | $353K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0437% | 1h | 137.68 | −0.233% | $82K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0588% | 4h | 138.14 | +0.105% | $172K | $330K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
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
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC