Funding you earn now, next payment 03:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h +0.068%
Price spread now: Kraken Futures against MEXC−0.175%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as 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)+0.061%+$6 · spread now −0.175%, 7d avg −0.151%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.024% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.151%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOXL_USDT | 145.38 | 0.0074 | pay 0.0074% / 8h | 5h 21m | $15.3M | $49.0M | 200x |
| Short | Kraken Futures PF_SOXLUSD | 145.13 | 0.0018 | get 0.0002% / 1h | 21m 41s | $88K | $304K | 20x |
MEXC SOXL_USDT
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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%
- −$2.36
- Slippage, 4 orders
- −$51.78
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$75.85
- Costs to cover
- 0.618%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 41 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 MEXC live order book, 2 min ago | 0.34 bp | 0.3 bp $0 | 0.4 bp −$4 | 3.0 bp −$301 | 30.1 bp −$15.0K |
| Sell Kraken Futures live order book, 41 min ago | 4.82 bp | 32.2 bp −$32 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.25 | −0.089% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.43 | +0.034% | $52.2M | $185.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.42 | +0.028% | $24.8M | $192.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.31 | −0.048% | $27.2M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.31 | −0.048% | $60.3M | $112.0M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | −0.248% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.17 | −0.144% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.91 | −0.323% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.14 | −0.165% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.12 | −0.179% | $268K | $271K | 30x | as long as short |
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
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSDshort | +0.0018% | 1h | 145.13 | −0.175% | $88K | $304K | 20x | |
| Lighter SOXL | +0.0032% | 1h | 145.32 | −0.041% | $765K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.29 | −0.062% | $303K | $1.8M | 20x | as long as short |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | −0.223% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.27 | −0.076% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.93 | −0.310% | $207K | $581K | 10x | as long as short |
| Extended SOXL-USD | +0.0072% | 1h | 145.26 | −0.080% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDTlong | +0.0074% | 8h | 145.38 | long leg | $15.3M | $49.0M | 200x | |
| Binance SOXLUSDT | +0.0074% | 8h | 145.37 | −0.004% | $169.5M | $1.23B | 50x | as long as short |
| BloFin SOXL-USDT | +0.0085% | 8h | 145.12 | −0.179% | $1.2M | $478K | 50x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0095% | 1h | 145.13 | −0.172% | $115K | $280K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.32 | −0.041% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.94 | −0.303% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.10 | −0.193% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.07 | −0.210% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.15 | −0.158% | $816K | $2.4M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0249% | 1h | 145.27 | −0.076% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0693% | 4h | 144.91 | −0.323% | $181K | $325K | 10x | as long as short |
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
Binance SOXLUSDT
BloFin SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC