Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Kraken Futures−0.274%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 4 days (all we have)+0.410%+$41 on $10k
+Price spread, last 4 days (all we have)+0.361%+$36 · spread now −0.274%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.339% cheaper against Kraken Futures than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.410%, 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 | 142.14 | 0.0050 | pay 0.0006% / 1h | 37m 07s | $86K | $287K | 20x |
| Short | QFEX SOXL-USD | 141.75 | 0.0004 | get 0.0000% / 1h | 37m 07s | $262K | $266K | 30x |
Kraken Futures PF_SOXLUSD
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$9.75
- Price spread: −0.274% → +0.065%
- −$33.91
- Slippage, 4 orders
- −$47.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$111.19
- Costs to cover
- 0.675%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 15 min ago; QFEX: live order book, 58 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, 15 min ago | 5.21 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 58 min ago | 1.03 bp | 6.0 bp −$6 | 8.4 bp −$84 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.0099% | 8h | 142.09 | −0.035% | $58.7M | $116.7M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.90 | −0.168% | $228K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.07 | −0.051% | $31K | $267K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 142.14 | −0.001% | $164.4M | $1.28B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.10 | −0.028% | $47.5M | $198.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.10 | −0.028% | $24.1M | $199.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.96 | −0.126% | $26.2M | $44.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.14 | +0.001% | $14.4M | $50.0M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.493% | $2.2M | $4.8M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.02 | −0.086% | $67K | $180K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 142.19 | +0.036% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.82 | −0.225% | $177K | $584K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.20 | +0.043% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USDshort | +0.0004% | 1h | 141.75 | −0.274% | $262K | $266K | 30x | |
| BloFin SOXL-USDT | +0.0017% | 8h | 142.12 | −0.013% | $1.2M | $469K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 142.07 | −0.049% | $701K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 142.02 | −0.084% | $267K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.00 | −0.098% | $24.9M | $23.0M | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0050% | 1h | 142.14 | long leg | $86K | $287K | 20x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.81 | −0.232% | $200K | $503K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.08 | −0.042% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.95 | −0.133% | $37K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.97 | −0.119% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.02 | −0.084% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 141.97 | −0.119% | $806K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0226% | 1h | 142.12 | −0.013% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0726% | 4h | 142.06 | −0.056% | $177K | $328K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0736% | 1h | 142.15 | +0.008% | $111K | $316K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL