Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against KuCoin−0.065%110s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as 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−$580.584% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.065%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.115% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 110 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 | KuCoin SOXLUSDTM | 138.68 | 0.0100 | pay 0.0100% / 8h | 31m 21s | $6.6M | $11.0M | 20x |
| Short | BloFin SOXL-USDT | 138.59 | −0.0012 | pay 0.0012% / 8h | 31m 21s | $1.3M | $469K | 50x |
KuCoin SOXLUSDTM
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$23.55
- Price spread: −0.065% → +0.050%
- −$11.51
- Slippage, 4 orders
- −$34.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.5
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 1 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 KuCoin live order book, 7 min ago | 0.36 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 0.36 bp | 8.8 bp −$9 | 10.5 bp −$105 | 18.7 bp −$1,868 | 50.1 bp −$25.0K |
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 | −0.1996% | 8h | 138.89 | +0.151% | $60.6M | $142.0M | 20x | as long as short |
| BloFin SOXL-USDTshort | −0.0012% | 8h | 138.59 | −0.065% | $1.3M | $469K | 50x | |
| Aster SOXLUSDT | 0.0000% | 8h | 138.64 | −0.026% | $196K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.64 | −0.026% | $52K | $353K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.66 | −0.014% | $163.1M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.69 | +0.007% | $46.1M | $225.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.64 | −0.029% | $25.9M | $228.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.65 | −0.022% | $27.9M | $50.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.70 | +0.014% | $14.9M | $55.2M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.61 | −0.052% | $1.9M | $5.5M | — | 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 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 | +0.104% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 138.69 | +0.007% | $2K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.69 | +0.007% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.61 | −0.050% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.70 | +0.014% | $673K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.66 | −0.014% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 138.70 | +0.014% | $256K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.57 | −0.079% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.48 | −0.144% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.60 | −0.058% | $81K | $300K | 20x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 138.68 | long leg | $6.6M | $11.0M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.63 | −0.036% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.63 | −0.036% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.68 | −0.002% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.02 | +0.245% | $952K | $3.0M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0208% | 1h | 138.74 | +0.043% | $9K | $292K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0255% | 1h | 138.65 | −0.022% | $108K | $358K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0261% | 4h | 138.64 | −0.026% | $173K | $332K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC