Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.1% APRnext payment −$0.16 per $10,000 · paid last 24h +0.030%
Price spread now: Kraken Futures against Coinbase International−0.121%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Funding, last 7 days−0.553%−$55 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.121%, 7d avg −0.078%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.043% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 139.29 | 0.0200 | pay 0.0025% / 1h | 3m 11s | $954K | $3.1M | 10x |
| Short | Kraken Futures PF_SOXLUSD | 139.12 | 0.0072 | get 0.0009% / 1h | 3m 11s | $73K | $317K | 20x |
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- −$26.97
- Price spread: −0.121% → −0.078%
- −$4.29
- Slippage, 4 orders
- −$52.55
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$103.81
- Costs to cover
- 0.726%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Kraken Futures: live order book, 34 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 Coinbase International live order book, 1 min ago | 3.59 bp | 8.6 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 34 min ago | 5.04 bp | 28.8 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 | −0.1825% | 8h | 139.30 | +0.007% | $60.9M | $142.2M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0016% | 8h | 139.31 | +0.014% | $1.3M | $473K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.09 | −0.142% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.21 | −0.056% | $51K | $355K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.12 | −0.122% | $163.4M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.25 | −0.029% | $46.1M | $222.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.20 | −0.065% | $26.0M | $229.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.16 | −0.093% | $27.9M | $51.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.21 | −0.057% | $14.7M | $55.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 139.06 | −0.168% | $1.9M | $5.5M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.03 | −0.185% | $64K | $201K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.33 | +0.029% | $2K | $4.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.20 | −0.065% | $108K | $359K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.21 | −0.057% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.23 | −0.043% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 139.21 | −0.057% | $677K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.19 | −0.072% | $264K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0035% | 1h | 139.30 | +0.007% | $257K | $264K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.05 | −0.172% | $21.0M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.85 | −0.316% | $211K | $460K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0072% | 1h | 139.12 | −0.121% | $73K | $317K | 20x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.17 | −0.086% | $6.5M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.04 | −0.179% | $36K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.18 | −0.079% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.17 | −0.086% | $5K | — | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0130% | 1h | 139.28 | −0.007% | $9K | $292K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0200% | 1h | 139.29 | long leg | $954K | $3.1M | 10x | |
| edgeX SOXLUSDC | +0.0643% | 4h | 138.91 | −0.272% | $173K | $332K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
edgeX SOXLUSDC