Funding you earn now, next payment 05:00 UTC−0.0497%/8h= −54.4% APRpaid last 24h −0.010%
Price spread now: KuCoin against Deribit−0.070%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 4 days (all we have)+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.070%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.063% cheaper against Deribit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.137%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.137% in total (about 13.0% 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 | Deribit SOXL_USDC-PERPETUAL | 141.87 | 0.0597 | pay 0.0075% / 1h | 37m 30s | $110K | $316K | 10x |
| Short | KuCoin SOXLUSDTM | 141.77 | 0.0100 | get 0.0100% / 8h | 3h 37m | $6.8M | $10.1M | 20x |
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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
- −$104.27
- Price spread: −0.070% → −0.007%
- −$6.35
- Slippage, 4 orders
- −$52.67
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$182.29
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 16 min ago; KuCoin: live order book, 6 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 Deribit live order book, 16 min ago | 7.28 bp | 13.9 bp −$14 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.70 bp | 11.3 bp −$11 | 43.6 bp −$436 | 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 | −0.0099% | 8h | 141.91 | +0.028% | $58.5M | $116.6M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.69 | −0.128% | $227K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.83 | −0.027% | $31K | $267K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.98 | +0.080% | $164.2M | $1.28B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.97 | +0.070% | $47.5M | $198.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.93 | +0.042% | $24.0M | $198.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.85 | −0.014% | $26.2M | $44.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.80 | −0.049% | $13.7M | $49.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.684% | $2.2M | $4.8M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.02 | +0.104% | $67K | $180K | 10x | as long as short |
Bitget SOXLUSDT
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 | 141.95 | +0.056% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.02 | +0.106% | $177K | $584K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.94 | +0.049% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 141.75 | −0.085% | $262K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0009% | 8h | 141.98 | +0.078% | $1.2M | $467K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.68 | −0.134% | $699K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.67 | −0.141% | $267K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.70 | −0.120% | $24.9M | $23.0M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0050% | 1h | 141.99 | +0.081% | $86K | $287K | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.81 | −0.042% | $200K | $503K | 10x | as long as short |
| KuCoin SOXLUSDTMshort | +0.0100% | 8h | 141.77 | −0.070% | $6.8M | $10.1M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.95 | +0.056% | $37K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.82 | −0.035% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.84 | −0.018% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 141.88 | +0.007% | $804K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0209% | 1h | 142.00 | +0.092% | $3K | $268K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | +0.0597% | 1h | 141.87 | long leg | $110K | $316K | 10x | |
| edgeX SOXLUSDC | +0.0726% | 4h | 142.06 | +0.133% | $177K | $328K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Kraken Futures PF_SOXLUSD
Ondo Perps SOXL-USD.P
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC