Funding you earn now, next payment 02:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.030%
Price spread now: KuCoin against Polymarket Perps−0.048%7-day average −0.012% · 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−$48as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 5 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.896%−$90 · spread now −0.048%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOXL-USD | 144.87 | 0.0125 | pay 0.0016% / 1h | 12m 52s | $3K | $269K | 10x |
| Short | KuCoin SOXLUSDTM | 144.80 | 0.0100 | get 0.0100% / 8h | 6h 12m | $6.9M | $10.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.16
- Price spread: −0.048% → −0.012%
- −$3.6
- Slippage, 4 orders
- −$24.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$52.8
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 54 min ago; KuCoin: live order book, 5 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, 54 min ago | 3.40 bp | 7.4 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.34 bp | 12.7 bp −$13 | 61.1 bp −$611 | doesn't fit | doesn't fit |
SOXL on 27 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 | 144.72 | −0.103% | $244K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 144.81 | −0.041% | $51.6M | $186.2M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.80 | −0.048% | $27.1M | $42.1M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.74 | −0.090% | $60.1M | $112.9M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.12 | +0.169% | $71K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.71 | −0.110% | $2K | $4.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 144.67 | −0.138% | $117K | $280K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.71 | −0.110% | $183K | $575K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.72 | −0.104% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.01 | +0.097% | $268K | $271K | 30x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SOXL | +0.0032% | 1h | 144.72 | −0.104% | $809K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.74 | −0.090% | $356K | $1.8M | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0037% | 8h | 144.77 | −0.069% | $24.5M | $192.2M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.74 | −0.090% | $25.3M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.09 | +0.152% | $207K | $642K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 144.80 | −0.048% | $6.9M | $10.4M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.14 | +0.186% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.84 | −0.021% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.87 | +0.001% | $6K | — | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0125% | 1h | 144.87 | long leg | $3K | $269K | 10x | |
| Variational Omni SOXL | +0.0127% | 8h | 145.07 | +0.137% | $2.4M | $4.9M | — | as long as short |
| Binance SOXLUSDT | +0.0159% | 8h | 144.74 | −0.090% | $169.1M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0160% | 1h | 144.76 | −0.074% | $25K | $241K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0163% | 8h | 144.79 | −0.055% | $16.8M | $49.0M | 200x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 145.64 | +0.532% | $806K | $2.5M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0414% | 1h | 144.75 | −0.084% | $88K | $304K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0711% | 4h | 145.04 | +0.118% | $181K | $325K | 10x | as long as short |
Polymarket Perps SOXL-USD
KuCoin SOXLUSDTM
Aster SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
OKX SOXL-USDT-SWAP
tradeXYZ xyz:SOXL
ApeX Omni SOXLUSDT
Variational Omni SOXL
Binance SOXLUSDT
Extended SOXL-USD
MEXC SOXL_USDT
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC