Funding you earn now, next payment 00:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h −0.002%
Price spread now: Kraken Futures against Coinbase International−0.058%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.815% of the position
Funding, last 7 days−0.575%−$58 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.058%, 7d avg −0.079%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.021% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 7 days funding on this pair cost −0.575%, 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 | Coinbase International SOXL-PERP-INTX | 146.68 | 0.0208 | pay 0.0026% / 1h | 0m 07s | $955K | $2.4M | 10x |
| Short | Kraken Futures PF_SOXLUSD | 146.59 | 0.0424 | get 0.0053% / 1h | 0m 07s | $89K | $304K | 20x |
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- $45.42
- Price spread: −0.058% → −0.079%
- $2.13
- Slippage, 4 orders
- −$61.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$33.99
- Costs to cover
- 0.815%
- Break-even
- 12.2 days
Slippage from Coinbase International: live order book, 4 min ago; Kraken Futures: live order book, 8 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 Coinbase International live order book, 4 min ago | 4.43 bp | 9.4 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 8 min ago | 4.43 bp | 37.8 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXL_USDT | 0.0000% | 8h | 146.74 | +0.041% | $27.4M | $40.5M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.72 | +0.027% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 146.72 | +0.027% | $119K | $287K | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.73 | +0.034% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0018% | 8h | 146.67 | −0.006% | $254K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | +0.0022% | 8h | 146.80 | +0.082% | $53.1M | $182.7M | 100x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.71 | +0.020% | $816K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.75 | +0.048% | $349K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.46 | −0.150% | $229K | $709K | 10x | as long as short |
| QFEX SOXL-USD | +0.0070% | 1h | 146.83 | +0.102% | $271K | $271K | 30x | as long as short |
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
Phemex SOXLUSDT
Aster SOXLUSDT
Bybit SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.78 | +0.068% | $7.0M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.58 | −0.068% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.72 | +0.027% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.71 | +0.019% | $6K | — | 10x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0105% | 8h | 146.74 | +0.041% | $26.3M | $190.3M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0118% | 1h | 146.73 | +0.034% | $26.3M | $22.1M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0208% | 1h | 146.68 | long leg | $955K | $2.4M | 10x | |
| HTX SOXL-USDT | +0.0223% | 8h | 146.81 | +0.089% | $185K | $624K | 50x | as long as short |
| Variational Omni SOXL | +0.0238% | 8h | 146.74 | +0.040% | $2.4M | $5.0M | — | as long as short |
| Extended SOXL-USD | +0.0272% | 1h | 146.75 | +0.046% | $25K | $273K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0272% | 8h | 146.75 | +0.048% | $14.1M | $48.2M | 200x | as long as short |
| Binance SOXLUSDT | +0.0274% | 8h | 146.78 | +0.067% | $172.1M | $1.22B | 50x | as long as short |
| BloFin SOXL-USDT | +0.0297% | 8h | 146.71 | +0.020% | $1.3M | $496K | 50x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0424% | 1h | 146.59 | −0.058% | $89K | $304K | 20x | |
| Polymarket Perps SOXL-USD | +0.0449% | 1h | 146.84 | +0.109% | $5K | $266K | 10x | as long as short |
| Bitget SOXLUSDT | +0.0640% | 8h | 146.74 | +0.041% | $61.9M | $112.5M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0766% | 8h | 146.91 | +0.159% | $72K | $165K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0851% | 4h | 146.64 | −0.028% | $183K | $323K | 10x | as long as short |
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
OKX SOXL-USDT-SWAP
tradeXYZ xyz:SOXL
HTX SOXL-USDT
Variational Omni SOXL
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
BloFin SOXL-USDT
Polymarket Perps SOXL-USD
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC