Funding you earn now, next payment 06:00 UTC+0.0652%/8h= +71.4% APRpaid last 24h +0.045%
Price spread now: Kraken Futures against Bybit−0.101%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.101%, 7d avg −0.093%
=The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.354%, 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 -0.354% in total (about -18.5% a year). A funding rate is set anew for every payment. 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 | Bybit SOXLUSDT | 140.33 | 0 | get 0.0000% / 8h | 2h 08m | $46.9M | $225.5M | 100x |
| Short | Kraken Futures PF_SOXLUSD | 140.19 | 0.0652 | get 0.0082% / 1h | 8m 03s | $83K | $296K | 20x |
Bybit SOXLUSDT
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $136.96
- Price spread: −0.101% → −0.093%
- −$0.74
- Slippage, 4 orders
- −$57.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $58.06
- Costs to cover
- 0.782%
- Break-even
- 4.0 days
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 0.36 bp | 5.9 bp −$6 | 10.1 bp −$101 | 72.1 bp −$7,209 | 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 | −0.2256% | 8h | 140.36 | +0.021% | $60.4M | $135.8M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.28 | −0.036% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.24 | −0.064% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.28 | −0.033% | $166.3M | $1.43B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 140.33 | long leg | $46.9M | $225.5M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.38 | +0.036% | $26.7M | $223.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.34 | +0.007% | $28.1M | $49.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.30 | −0.021% | $16.8M | $54.6M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | −0.057% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.30 | −0.021% | $64K | $202K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance 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 | 140.27 | −0.043% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 140.26 | −0.050% | $109K | $339K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.64 | +0.221% | $93K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.28 | −0.036% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0017% | 8h | 140.43 | +0.071% | $1.3M | $472K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.28 | −0.036% | $271K | $1.7M | 20x | as long as short |
| Lighter SOXL | +0.0040% | 1h | 140.29 | −0.029% | $689K | $2.3M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.26 | −0.050% | $22.2M | $29.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.27 | −0.043% | $219K | $508K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.28 | −0.036% | $259K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.28 | −0.036% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.24 | −0.064% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.27 | −0.043% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.25 | −0.054% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.40 | +0.050% | $966K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0465% | 1h | 140.34 | +0.007% | $8K | $291K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0652% | 1h | 140.19 | −0.101% | $83K | $296K | 20x | |
| edgeX SOXLUSDC | +0.0682% | 4h | 140.28 | −0.038% | $175K | $329K | 10x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Lighter SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC