Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.055%
Price spread now: Kraken Futures against QFEX+0.275%7-day average −0.065% · 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−$34as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 4 days (all we have)−0.410%−$41 on $10k
+Price spread, last 4 days (all we have)−0.361%−$36 · spread now +0.275%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.340% dearer against QFEX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.065%. Mind the row above: over the last 4 days funding on this pair cost −0.410%, 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 | QFEX SOXL-USD | 141.75 | 0.0004 | pay 0.0000% / 1h | 37m 07s | $262K | $266K | 30x |
| Short | Kraken Futures PF_SOXLUSD | 142.14 | 0.0050 | get 0.0006% / 1h | 37m 07s | $86K | $287K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against QFEX. 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
- $9.75
- Price spread: +0.275% → −0.065%
- $33.98
- Slippage, 4 orders
- −$47.53
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$23.8
- Costs to cover
- 0.675%
- Break-even
- 24.1 days
Slippage from QFEX: live order book, 58 min ago; Kraken Futures: live order book, 16 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 QFEX live order book, 58 min ago | 1.03 bp | 6.3 bp −$6 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 16 min ago | 5.21 bp | 17.1 bp −$17 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.0099% | 8h | 142.10 | +0.247% | $58.7M | $116.7M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.98 | +0.161% | $228K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.10 | +0.249% | $31K | $267K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 142.13 | +0.268% | $164.4M | $1.28B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.11 | +0.254% | $47.5M | $198.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.15 | +0.282% | $24.1M | $199.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.05 | +0.212% | $26.2M | $44.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.14 | +0.275% | $14.4M | $50.0M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.769% | $2.2M | $4.8M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.02 | +0.189% | $67K | $180K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 142.19 | +0.310% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.82 | +0.049% | $177K | $584K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.20 | +0.317% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USDlong | +0.0004% | 1h | 141.75 | long leg | $262K | $266K | 30x | |
| BloFin SOXL-USDT | +0.0017% | 8h | 142.12 | +0.261% | $1.2M | $469K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 142.07 | +0.226% | $701K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 142.02 | +0.190% | $267K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.05 | +0.212% | $24.9M | $23.0M | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0050% | 1h | 142.14 | +0.275% | $86K | $287K | 20x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.81 | +0.042% | $200K | $503K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.08 | +0.233% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.95 | +0.141% | $37K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.97 | +0.155% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.02 | +0.190% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 141.97 | +0.155% | $806K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0226% | 1h | 142.12 | +0.261% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0726% | 4h | 142.06 | +0.218% | $177K | $328K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0736% | 1h | 142.15 | +0.282% | $111K | $316K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL