Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Bybit−0.007%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.505% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.007%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 146.79 | 0.0022 | pay 0.0022% / 8h | 7h 00m | $53.1M | $182.7M | 100x |
| Short | KuCoin SOXLUSDTM | 146.78 | 0.0100 | get 0.0100% / 8h | 7h 00m | $7.0M | $10.4M | 20x |
Bybit SOXLUSDT
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $16.31
- Price spread: −0.007% → −0.038%
- $3.09
- Slippage, 4 orders
- −$27.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$31.1
- Costs to cover
- 0.505%
- Break-even
- 20.3 days
Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.34 bp | 6.6 bp −$7 | 9.8 bp −$98 | 87.3 bp −$8,728 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 0.68 bp | 14.1 bp −$14 | 71.8 bp −$718 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOXL_USDT | 0.0000% | 8h | 146.75 | −0.027% | $27.4M | $40.4M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.72 | −0.048% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 146.72 | −0.048% | $119K | $287K | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.73 | −0.041% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0018% | 8h | 146.68 | −0.078% | $254K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDTlong | +0.0022% | 8h | 146.79 | long leg | $53.1M | $182.7M | 100x | |
| Lighter SOXL | +0.0032% | 1h | 146.71 | −0.054% | $816K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.75 | −0.027% | $349K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.46 | −0.225% | $229K | $709K | 10x | as long as short |
| QFEX SOXL-USD | +0.0070% | 1h | 146.83 | +0.027% | $271K | $271K | 30x | as long as short |
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
Phemex SOXLUSDT
Aster SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 146.78 | −0.007% | $7.0M | $10.4M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.58 | −0.143% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.72 | −0.048% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.71 | −0.056% | $6K | — | 10x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0105% | 8h | 146.72 | −0.048% | $26.3M | $190.3M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0120% | 1h | 146.71 | −0.054% | $26.3M | $22.1M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.68 | −0.075% | $955K | $2.4M | 10x | as long as short |
| HTX SOXL-USDT | +0.0223% | 8h | 146.81 | +0.014% | $185K | $624K | 50x | as long as short |
| Variational Omni SOXL | +0.0238% | 8h | 146.74 | −0.035% | $2.4M | $5.0M | — | as long as short |
| Extended SOXL-USD | +0.0272% | 1h | 146.70 | −0.060% | $25K | $273K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0272% | 8h | 146.75 | −0.027% | $14.1M | $48.2M | 200x | as long as short |
| Binance SOXLUSDT | +0.0274% | 8h | 146.76 | −0.018% | $172.0M | $1.22B | 50x | as long as short |
| BloFin SOXL-USDT | +0.0297% | 8h | 146.71 | −0.054% | $1.3M | $496K | 50x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0424% | 1h | 146.59 | −0.133% | $89K | $304K | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0449% | 1h | 146.84 | +0.034% | $5K | $266K | 10x | as long as short |
| Bitget SOXLUSDT | +0.0640% | 8h | 146.73 | −0.041% | $61.9M | $112.5M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0766% | 8h | 146.91 | +0.084% | $72K | $165K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0851% | 4h | 146.64 | −0.103% | $183K | $323K | 10x | as long as short |
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
OKX SOXL-USDT-SWAP
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
HTX SOXL-USDT
Variational Omni SOXL
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
BloFin SOXL-USDT
Kraken Futures PF_SOXLUSD
Polymarket Perps SOXL-USD
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC