SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0204%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.007%

Price spread now: Kraken Futures against Polymarket Perps−0.196%7-day average −0.070% · 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−$92as in the Price arb table

costs, in and out, $10k−$790.791% of the position

Long on Polymarket Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.463%−$46 on $10k

Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.196%, 7d avg −0.070%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.126% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.070%). If the spread goes back, that is −$13 on $10k: about 2.1 days of funding at the current rate (+$6 a day). Mind the row above: over the last 5 days funding on this pair cost −0.463%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SOXL-USD	146.73	0.0206	pay 0.0026% / 1h	58m 52s	$5K	$266K	10x
Short	Kraken Futures PF_SOXLUSD	146.44	0.0410	get 0.0051% / 1h	58m 52s	$89K	$304K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Kraken FuturesbpOrdersPrice spread, now −0.196%Rate

Funding earned: $42.87
Price spread: −0.196% → −0.070%: −$12.58
Slippage, 4 orders: −$61.11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$48.82
Costs to cover: 0.791%
Break-even: 15.0 days

Slippage from Polymarket Perps: live order book, 8 min ago; Kraken Futures: live order book, 9 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 Polymarket Perps live order book, 8 min ago	3.40 bp	7.4 bp −$7	9.9 bp −$99	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 9 min ago	4.43 bp	37.8 bp −$38	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
Ondo Perps SOXL-USD.P	−0.0075%	1h	146.62	−0.075%	$229K	$723K	10x	as long as short
Bybit SOXLUSDT	0.0000%	8h	146.33	−0.273%	$52.8M	$182.9M	100x	as long as short
Gate SOXL_USDT	0.0000%	8h	146.34	−0.266%	$27.4M	$39.5M	50x	as long as short
SunX SOXL-USDT	0.0000%	8h	146.66	−0.048%	$1K	$4.5M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	146.37	−0.245%	$119K	$287K	10x	as long as short
Phemex SOXLUSDT	0.0000%	8h	146.38	−0.239%	$2.5M	$1.2M	10x	as long as short
Aster SOXLUSDT	+0.0020%	8h	146.41	−0.218%	$253K	$1.6M	50x	as long as short
Lighter SOXL	+0.0032%	1h	146.18	−0.375%	$818K	$2.5M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	146.15	−0.395%	$348K	$1.8M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	146.16	−0.388%	$26.2M	$22.2M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SOXL-USD	+0.0070%	1h	146.58	−0.102%	$271K	$271K	30x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	146.46	−0.184%	$7.0M	$10.4M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	146.58	−0.102%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	146.67	−0.041%	$1K	$5K	20x	as long as short
OKX SOXL-USDT-SWAP	+0.0103%	8h	146.30	−0.293%	$26.3M	$190.3M	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	146.59	−0.096%	$6K	—	10x	as long as short
HTX SOXL-USDT	+0.0183%	8h	146.72	−0.007%	$185K	$624K	50x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0200%	1h	146.66	−0.048%	$943K	$2.4M	10x	as long as short
Polymarket Perps SOXL-USDlong	+0.0206%	1h	146.73	long leg	$5K	$266K	10x
Variational Omni SOXL	+0.0238%	8h	146.74	+0.006%	$2.4M	$5.0M	—	as long as short
BloFin SOXL-USDT	+0.0262%	8h	146.70	−0.020%	$1.3M	$494K	50x	as long as short
Extended SOXL-USD	+0.0272%	1h	146.29	−0.300%	$25K	$273K	10x	as long as short
Binance SOXLUSDT	+0.0272%	8h	146.21	−0.356%	$171.4M	$1.22B	50x	as long as short
MEXC SOXL_USDT	+0.0273%	8h	146.30	−0.293%	$14.0M	$46.8M	200x	as long as short
Kraken Futures PF_SOXLUSDshort	+0.0410%	1h	146.44	−0.196%	$89K	$304K	20x
Bitget SOXLUSDT	+0.0646%	8h	146.32	−0.279%	$61.7M	$112.7M	20x	as long as short
GRVT SOXL_USDT_Perp	+0.0738%	8h	146.75	+0.012%	$72K	$164K	10x	as long as short
edgeX SOXLUSDC	+0.0851%	4h	146.64	−0.062%	$183K	$323K	10x	as long as short