SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0210%/8h= −23.0% APRnext payment −$0.26 per $10,000 · paid last 24h +0.002%

Price spread now: Coinbase International against Kraken Futures+0.148%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$820.815% of the position

Long on Kraken Futures Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.575%+$58 on $10k

Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.148%, 7d avg +0.079%

Together, before fees+0.414%+$41 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.069% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.079%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.575%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SOXLUSD	146.44	0.0410	pay 0.0051% / 1h	58m 47s	$89K	$304K	20x
Short	Coinbase International SOXL-PERP-INTX	146.66	0.0200	get 0.0025% / 1h	58m 47s	$943K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee Coinbase InternationalbpOrdersPrice spread, now +0.148%Rate

Funding earned: −$44.03
Price spread: +0.148% → +0.079%: $6.89
Slippage, 4 orders: −$61.53
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$118.68
Costs to cover: 0.815%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 9 min ago; Coinbase International: live order book, 5 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, 9 min ago	4.43 bp	24.8 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.43 bp	9.4 bp −$9	10.1 bp −$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
Ondo Perps SOXL-USD.P	−0.0075%	1h	146.62	+0.121%	$229K	$723K	10x	as long as short
Bybit SOXLUSDT	0.0000%	8h	146.33	−0.077%	$52.8M	$182.9M	100x	as long as short
Gate SOXL_USDT	0.0000%	8h	146.34	−0.070%	$27.4M	$39.5M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	146.66	+0.148%	$1K	$4.5M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	146.37	−0.050%	$119K	$287K	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	146.38	−0.043%	$2.5M	$1.2M	10x	as long as short
Aster SOXLUSDT	+0.0020%	8h	146.41	−0.022%	$253K	$1.6M	50x	as long as short
Lighter SOXL	+0.0032%	1h	146.18	−0.180%	$818K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	146.15	−0.200%	$348K	$1.8M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	146.16	−0.193%	$26.2M	$22.2M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SOXL-USD	+0.0070%	1h	146.58	+0.094%	$271K	$271K	30x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	146.46	+0.012%	$7.0M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	146.58	+0.094%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.67	+0.155%	$1K	$5K	20x	as long as short
OKX SOXL-USDT-SWAP	+0.0103%	8h	146.30	−0.098%	$26.3M	$190.3M	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.59	+0.099%	$6K	—	10x	as long as short
HTX SOXL-USDT	+0.0183%	8h	146.72	+0.189%	$185K	$624K	50x	as long as short
Coinbase International SOXL-PERP-INTXshort	+0.0200%	1h	146.66	+0.148%	$943K	$2.4M	10x
Polymarket Perps SOXL-USD	+0.0206%	1h	146.73	+0.196%	$5K	$266K	10x	as long as short
Variational Omni SOXL	+0.0238%	8h	146.74	+0.202%	$2.4M	$5.0M	—	as long as short
BloFin SOXL-USDT	+0.0262%	8h	146.70	+0.175%	$1.3M	$494K	50x	as long as short
Extended SOXL-USD	+0.0272%	1h	146.29	−0.104%	$25K	$273K	10x	as long as short
Binance SOXLUSDT	+0.0272%	8h	146.21	−0.161%	$171.4M	$1.22B	50x	as long as short
MEXC SOXL_USDT	+0.0273%	8h	146.30	−0.098%	$14.0M	$46.8M	200x	as long as short
Kraken Futures PF_SOXLUSDlong	+0.0410%	1h	146.44	long leg	$89K	$304K	20x
Bitget SOXLUSDT	+0.0646%	8h	146.32	−0.084%	$61.7M	$112.7M	20x	as long as short
GRVT SOXL_USDT_Perp	+0.0738%	8h	146.75	+0.208%	$72K	$164K	10x	as long as short
edgeX SOXLUSDC	+0.0851%	4h	146.64	+0.134%	$183K	$323K	10x	as long as short