Funding you earn now, next payment 09:00 UTC+0.0601%/8h= +65.8% APRpaid last 24h +0.012%
Price spread now: Deribit against KuCoin+0.323%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 4 days (all we have)−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.484%−$48 · spread now +0.323%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Deribit is 0.316% dearer against KuCoin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.007%. Mind the row above: over the last 4 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.139% in total (about -12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 136.41 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $6.3M | $10.7M | 20x |
| Short | Deribit SOXL_USDC-PERPETUAL | 136.85 | 0.0701 | get 0.0088% / 1h | 34m 21s | $109K | $387K | 10x |
KuCoin SOXLUSDTM
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $126.18
- Price spread: +0.323% → +0.007%
- $31.58
- Slippage, 4 orders
- −$50.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $88
- Costs to cover
- 0.698%
- Break-even
- 2.1 days
Slippage from KuCoin: live order book, 4 min ago; Deribit: live order book, 64 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, 4 min ago | 0.73 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 64 min ago | 8.65 bp | 14.8 bp −$15 | 16.8 bp −$168 | 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 | −0.1560% | 8h | 136.62 | +0.154% | $58.1M | $146.2M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 136.65 | +0.180% | $77K | $317K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 136.40 | −0.004% | $181K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 136.43 | +0.018% | $70K | $364K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 136.54 | +0.096% | $161.0M | $1.49B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 136.61 | +0.147% | $45.5M | $222.7M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 136.80 | +0.286% | $25.3M | $228.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 136.46 | +0.037% | $28.8M | $51.2M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 136.35 | −0.044% | $21.3M | $56.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 136.57 | +0.119% | $1.8M | $5.6M | — | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
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 | 136.90 | +0.358% | $63K | $194K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 136.40 | −0.007% | $1K | $3.9M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 136.67 | +0.191% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 136.70 | +0.213% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 136.44 | +0.022% | $252K | $264K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0027% | 8h | 136.56 | +0.110% | $1.2M | $491K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 136.55 | +0.103% | $653K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 136.43 | +0.015% | $231K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 136.29 | −0.088% | $20.1M | $29.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 136.27 | −0.103% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 136.65 | +0.176% | $208K | $420K | 10x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 136.41 | long leg | $6.3M | $10.7M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.81 | +0.293% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 136.51 | +0.073% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 136.48 | +0.055% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.34 | +0.682% | $930K | $3.0M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0631% | 4h | 136.94 | +0.390% | $170K | $332K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0701% | 1h | 136.85 | +0.323% | $109K | $387K | 10x |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC