Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.023%
Price spread now: KuCoin against QFEX−0.041%7-day average +0.001% · 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−$440.436% of the position
Funding, last 4 days (all we have)+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.041%, 7d avg +0.001%
=Funding pays, the price is against you. KuCoin is 0.043% cheaper against QFEX than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.001%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.261% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SOXL-USD | 145.38 | 0.0004 | pay 0.0001% / 1h | 21m 28s | $269K | $271K | 30x |
| Short | KuCoin SOXLUSDTM | 145.32 | 0.0100 | get 0.0100% / 8h | 5h 21m | $6.9M | $10.2M | 20x |
QFEX SOXL-USD
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $20.06
- Price spread: −0.041% → +0.001%
- −$4.27
- Slippage, 4 orders
- −$21.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.81
- Costs to cover
- 0.436%
- Break-even
- 16.7 days
Slippage from QFEX: live order book, 18 min ago; KuCoin: live order book, 7 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, 18 min ago | 1.38 bp | 6.7 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 0.34 bp | 12.0 bp −$12 | 87.6 bp −$876 | 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 | 145.31 | −0.047% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.50 | +0.083% | $52.2M | $185.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.48 | +0.069% | $24.8M | $192.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.42 | +0.028% | $27.3M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.38 | 0.000% | $60.3M | $112.0M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.11 | −0.186% | $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-USDlong | +0.0004% | 1h | 145.38 | long leg | $269K | $271K | 30x |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.13 | −0.175% | $88K | $304K | 20x | as long as short |
| 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 | 145.38 | 0.000% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0074% | 8h | 145.38 | 0.000% | $15.3M | $49.0M | 200x | as long as short |
| Binance SOXLUSDT | +0.0074% | 8h | 145.48 | +0.070% | $169.6M | $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 SOXLUSDTMshort | +0.0100% | 8h | 145.32 | −0.041% | $6.9M | $10.2M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.11 | −0.186% | $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 | 145.61 | +0.158% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0693% | 4h | 144.91 | −0.323% | $181K | $325K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
BloFin SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC