Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.056%
Price spread now: Bybit against Kraken Futures−0.010%55s7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$690.687% of the position
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.010%, 7d avg +0.093%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.103% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.093%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.343%, so the current rate has only just turned against you. The two prices were read 55 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 | 138.63 | 0.0072 | pay 0.0009% / 1h | 32m 23s | $81K | $300K | 20x |
| Short | Bybit SOXLUSDT | 138.62 | 0 | get 0.0000% / 8h | 32m 23s | $46.0M | $226.0M | 100x |
Kraken Futures PF_SOXLUSD
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$15.09
- Price spread: −0.010% → +0.093%
- −$10.25
- Slippage, 4 orders
- −$47.75
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$94.09
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Bybit: live order book, 2 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, 5 min ago | 5.04 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.36 bp | 7.0 bp −$7 | 13.2 bp −$132 | 90.4 bp −$9,039 | 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 | −0.2000% | 8h | 138.85 | +0.156% | $60.6M | $141.9M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0012% | 8h | 138.59 | −0.031% | $1.3M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.57 | −0.047% | $196K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.64 | +0.006% | $52K | $353K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.60 | −0.023% | $163.0M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDTshort | 0.0000% | 8h | 138.62 | −0.010% | $46.0M | $226.0M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.58 | −0.039% | $25.9M | $228.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.64 | +0.005% | $27.9M | $50.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.60 | −0.024% | $15.2M | $55.1M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.61 | −0.018% | $1.9M | $5.5M | — | 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 | 138.82 | +0.138% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.72 | +0.062% | $2K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.80 | +0.120% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.58 | −0.039% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.64 | +0.005% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.64 | +0.005% | $256K | $264K | 30x | as long as short |
| Lighter SOXL | +0.0040% | 1h | 138.70 | +0.048% | $673K | $2.4M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.47 | −0.118% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.48 | −0.111% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0072% | 1h | 138.63 | long leg | $81K | $300K | 20x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.65 | +0.012% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.74 | +0.077% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.59 | −0.031% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.59 | −0.031% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0183% | 1h | 138.58 | −0.039% | $108K | $358K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.02 | +0.279% | $952K | $3.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0208% | 1h | 138.67 | +0.026% | $9K | $292K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0292% | 4h | 138.81 | +0.124% | $173K | $331K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
QFEX SOXL-USD
Lighter SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC