SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0552%/8h= +60.5% APRnext payment +$0.69 per $10,000 · paid last 24h +0.027%

Price spread now: Kraken Futures against ApeX Omni−0.037%45s7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1441.445% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.299%−$30 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.037%, 7d avg −0.045%

Together, before fees−0.151%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.299%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.299% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SOXLUSDT	140.24	0.0100	pay 0.0013% / 1h	7m 28s	$36K	$141K	50x
Short	Kraken Futures PF_SOXLUSD	140.19	0.0652	get 0.0082% / 1h	7m 28s	$83K	$296K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.037%Rate

Funding earned: $115.96
Price spread: −0.037% → −0.045%: $0.88
Slippage, 4 orders: −$124.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$27.64
Costs to cover: 1.445%
Break-even: 8.7 days

Slippage from ApeX Omni: live order book, 38 min ago; Kraken Futures: live order book, 40 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 ApeX Omni live order book, 38 min ago	25.25 bp	37.9 bp −$38	215.5 bp −$2,155	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 40 min ago	4.98 bp	29.4 bp −$29	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	−0.2228%	8h	140.50	+0.185%	$60.4M	$135.8M	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	140.47	+0.168%	$200K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	140.41	+0.119%	$33K	$311K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	140.48	+0.169%	$166.5M	$1.43B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	140.48	+0.171%	$46.8M	$225.6M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	140.49	+0.178%	$26.7M	$223.7M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	140.48	+0.171%	$28.1M	$49.0M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	140.48	+0.171%	$16.9M	$54.6M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	140.25	+0.007%	$1.9M	$5.4M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	140.30	+0.043%	$64K	$202K	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	140.27	+0.021%	$1K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	140.26	+0.014%	$109K	$339K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	140.64	+0.285%	$93K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	140.28	+0.029%	$2.3M	$1.2M	10x	as long as short
BloFin SOXL-USDT	+0.0017%	8h	140.43	+0.135%	$1.3M	$472K	50x	as long as short
Lighter SOXL	+0.0032%	1h	140.46	+0.157%	$690K	$2.3M	20x	as long as short
Lighter RH SOXL	+0.0032%	1h	140.42	+0.128%	$271K	$1.7M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	140.39	+0.107%	$22.2M	$29.3M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	140.08	−0.114%	$219K	$514K	10x	as long as short
QFEX SOXL-USD	+0.0053%	1h	140.46	+0.157%	$260K	$266K	30x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	140.44	+0.143%	$6.7M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDTlong	+0.0100%	1h	140.24	long leg	$36K	$141K	50x
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	140.48	+0.171%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	140.25	+0.010%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0184%	1h	140.40	+0.114%	$966K	$3.2M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0459%	1h	140.58	+0.242%	$8K	$291K	10x	as long as short
Kraken Futures PF_SOXLUSDshort	+0.0652%	1h	140.19	−0.037%	$83K	$296K	20x
edgeX SOXLUSDC	+0.0682%	4h	140.28	+0.026%	$175K	$329K	10x	as long as short