Funding you earn now, next payment 03:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.068%
Price spread now: MEXC against Kraken Futures+0.175%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days+0.370%+$37 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.175%, 7d avg +0.151%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.024% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.151%.
| 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 40s | $88K | $304K | 20x |
| Short | MEXC SOXL_USDT | 145.38 | 0.0074 | get 0.0074% / 8h | 5h 21m | $15.3M | $49.0M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $11.7
- Price spread: +0.175% → +0.151%
- $2.39
- Slippage, 4 orders
- −$51.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.68
- Costs to cover
- 0.618%
- Break-even
- 35.5 days
Slippage from Kraken Futures: live order book, 41 min ago; MEXC: 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, 41 min ago | 4.82 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.34 bp | 0.3 bp $0 | 0.9 bp −$9 | 3.0 bp −$303 | 12.8 bp −$6,397 |
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 | 145.25 | +0.086% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.43 | +0.210% | $52.2M | $185.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.42 | +0.203% | $24.8M | $192.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.31 | +0.127% | $27.2M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.31 | +0.127% | $60.3M | $112.0M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | −0.073% | $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 | 145.12 | −0.004% | $268K | $271K | 30x | as long as short |
Show 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 | 145.26 | +0.095% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDTshort | +0.0074% | 8h | 145.38 | +0.175% | $15.3M | $49.0M | 200x | |
| Binance SOXLUSDT | +0.0074% | 8h | 145.37 | +0.172% | $169.5M | $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 SOXLUSDT | +0.0100% | 1h | 144.94 | −0.128% | $38K | $143K | 50x | as long as short |
| 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 | 145.27 | +0.099% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0693% | 4h | 144.91 | −0.148% | $181K | $325K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
MEXC SOXL_USDT
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
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Extended SOXL-USD
Binance SOXLUSDT
BloFin SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC