Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.040%
Price spread now: KuCoin against Coinbase International−0.136%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$550.554% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.136%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.127% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 146.66 | 0.0200 | pay 0.0025% / 1h | 58m 57s | $943K | $2.4M | 10x |
| Short | KuCoin SOXLUSDTM | 146.46 | 0.0100 | get 0.0100% / 8h | 6h 58m | $7.0M | $10.4M | 20x |
Coinbase International SOXL-PERP-INTX
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21
- Price spread: −0.136% → −0.009%
- −$12.69
- Slippage, 4 orders
- −$33.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$89.09
- Costs to cover
- 0.554%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago | 4.43 bp | 9.4 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps SOXL-USD.P | −0.0075% | 1h | 146.62 | −0.027% | $229K | $723K | 10x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.40 | −0.177% | $52.9M | $182.9M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.40 | −0.177% | $27.3M | $39.5M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.66 | 0.000% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 146.37 | −0.198% | $119K | $287K | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.38 | −0.191% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0020% | 8h | 146.48 | −0.121% | $253K | $1.6M | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.38 | −0.191% | $815K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.41 | −0.170% | $348K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 146.36 | −0.205% | $26.2M | $22.2M | 10x | as long as short |
Ondo Perps SOXL-USD.P
Bybit SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
Phemex SOXLUSDT
Aster SOXLUSDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SOXL-USD | +0.0070% | 1h | 146.58 | −0.055% | $271K | $271K | 30x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 146.46 | −0.136% | $7.0M | $10.4M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.58 | −0.055% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.67 | +0.007% | $1K | $5K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0103% | 8h | 146.35 | −0.211% | $26.4M | $190.3M | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.59 | −0.049% | $6K | — | 10x | as long as short |
| HTX SOXL-USDT | +0.0183% | 8h | 146.72 | +0.041% | $185K | $624K | 50x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0200% | 1h | 146.66 | long leg | $943K | $2.4M | 10x | |
| Polymarket Perps SOXL-USD | +0.0206% | 1h | 146.73 | +0.048% | $5K | $266K | 10x | as long as short |
| Variational Omni SOXL | +0.0238% | 8h | 146.74 | +0.054% | $2.4M | $5.0M | — | as long as short |
| BloFin SOXL-USDT | +0.0262% | 8h | 146.70 | +0.027% | $1.3M | $494K | 50x | as long as short |
| Extended SOXL-USD | +0.0272% | 1h | 146.29 | −0.252% | $25K | $273K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0273% | 8h | 146.30 | −0.245% | $14.0M | $46.8M | 200x | as long as short |
| Binance SOXLUSDT | +0.0275% | 8h | 146.34 | −0.215% | $171.6M | $1.22B | 50x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0410% | 1h | 146.44 | −0.148% | $89K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0646% | 8h | 146.44 | −0.150% | $61.7M | $112.6M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0738% | 8h | 146.75 | +0.059% | $72K | $164K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0851% | 4h | 146.64 | −0.014% | $183K | $323K | 10x | as long as short |
QFEX SOXL-USD
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
OKX SOXL-USDT-SWAP
Aevo SOXL-PERP
HTX SOXL-USDT
Polymarket Perps SOXL-USD
Variational Omni SOXL
BloFin SOXL-USDT
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC