Funding you earn now, next payment 08:00 UTC+0.1975%/8h= +216.3% APRnext payment +$19.75 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Bitget−0.122%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.122%, 7d avg 0.000%
=Funding pays, the price is against you. KuCoin is 0.122% cheaper against Bitget than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of 0.000%). If the spread goes back, that is −$12 on $10k: about 5 hours of funding at the current rate (+$59 a day). Mind the row above: over the last 7 days funding on this pair cost −0.218%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.218% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.75 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 | Bitget SOXLUSDT | 139.25 | −0.1875 | get 0.1875% / 8h | 5m 52s | $61.0M | $142.3M | 20x |
| Short | KuCoin SOXLUSDTM | 139.08 | 0.0100 | get 0.0100% / 8h | 5m 52s | $6.5M | $10.9M | 20x |
Bitget SOXLUSDT
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $414.75
- Price spread: −0.122% → 0.000%
- −$12.23
- Slippage, 4 orders
- −$39.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $339.37
- Costs to cover
- 0.632%
- Break-even
- 1.3 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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 Bitget live order book, 3 min ago | 0.36 bp | 9.1 bp −$9 | 15.6 bp −$156 | 25.6 bp −$2,563 | 39.9 bp −$19.9K |
| Sell KuCoin live order book, 3 min ago | 0.36 bp | 13.2 bp −$13 | 44.0 bp −$440 | 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 SOXLUSDTlong | −0.1875% | 8h | 139.25 | long leg | $61.0M | $142.3M | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 139.08 | −0.120% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.04 | −0.151% | $51K | $355K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.13 | −0.083% | $163.5M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.16 | −0.065% | $46.1M | $223.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.15 | −0.072% | $26.0M | $229.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.14 | −0.079% | $27.9M | $51.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.15 | −0.072% | $14.7M | $55.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.06 | −0.139% | $1.9M | $5.5M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.54 | −0.507% | $64K | $201K | 10x | as long as short |
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_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 139.03 | −0.158% | $2K | $4.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.06 | −0.136% | $108K | $359K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.73 | −0.373% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.05 | −0.144% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0013% | 8h | 138.96 | −0.208% | $1.3M | $472K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.04 | −0.151% | $676K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.00 | −0.180% | $263K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 139.03 | −0.158% | $257K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.04 | −0.151% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.76 | −0.352% | $211K | $460K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.91 | −0.243% | $73K | $317K | 20x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 139.08 | −0.122% | $6.5M | $10.9M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.54 | −0.510% | $36K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.02 | −0.165% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.01 | −0.173% | $5K | — | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0137% | 1h | 139.04 | −0.151% | $9K | $292K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.75 | −0.359% | $950K | $3.0M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0484% | 4h | 138.60 | −0.469% | $173K | $331K | 10x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC