Funding you earn now, next payment 03:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h −0.042%
Price spread now: ApeX Omni against Kraken Futures−0.011%45s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1331.333% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 4 days (all we have)−0.518%−$52 · spread now −0.011%, 7d avg +0.045%
=Funding pays, the price is against you. ApeX Omni is 0.056% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.045%). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$2 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 145.13 | 0.0018 | pay 0.0002% / 1h | 21m 33s | $88K | $304K | 20x |
| Short | ApeX Omni SOXLUSDT | 145.11 | 0.0100 | get 0.0013% / 1h | 21m 33s | $38K | $143K | 50x |
Kraken Futures PF_SOXLUSD
ApeX Omni SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- $17.16
- Price spread: −0.011% → +0.045%
- −$5.6
- Slippage, 4 orders
- −$113.3
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$121.74
- Costs to cover
- 1.333%
- Break-even
- 56.6 days
Slippage from Kraken Futures: live order book, 41 min ago; ApeX Omni: live order book, 39 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 Kraken Futures live order book, 41 min ago | 4.82 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 39 min ago | 23.85 bp | 38.2 bp −$38 | 193.6 bp −$1,936 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.31 | +0.128% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.50 | +0.258% | $52.2M | $185.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.48 | +0.244% | $24.8M | $192.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.42 | +0.203% | $27.3M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.38 | +0.175% | $60.3M | $112.0M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.11 | −0.011% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.17 | +0.030% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.91 | −0.149% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.14 | +0.010% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.38 | +0.175% | $269K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSDlong | +0.0018% | 1h | 145.13 | long leg | $88K | $304K | 20x | |
| Lighter SOXL | +0.0032% | 1h | 145.32 | +0.134% | $765K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.29 | +0.113% | $303K | $1.8M | 20x | as long as short |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | −0.049% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.27 | +0.099% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.93 | −0.135% | $207K | $581K | 10x | as long as short |
| Extended SOXL-USD | +0.0072% | 1h | 145.38 | +0.175% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0074% | 8h | 145.38 | +0.175% | $15.3M | $49.0M | 200x | as long as short |
| Binance SOXLUSDT | +0.0074% | 8h | 145.48 | +0.245% | $169.6M | $1.23B | 50x | as long as short |
| BloFin SOXL-USDT | +0.0085% | 8h | 145.12 | −0.004% | $1.2M | $478K | 50x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0095% | 1h | 145.13 | +0.003% | $115K | $280K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.32 | +0.134% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDTshort | +0.0100% | 1h | 145.11 | −0.011% | $38K | $143K | 50x | |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.10 | −0.018% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.07 | −0.035% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.15 | +0.017% | $816K | $2.4M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0249% | 1h | 145.61 | +0.334% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0693% | 4h | 144.91 | −0.148% | $181K | $325K | 10x | as long as short |
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
BloFin SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC