SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0651%/8h= +71.3% APRnext payment +$0.81 per $10,000 · paid last 24h +0.050%

Price spread now: Kraken Futures against Extended+0.020%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$740.740% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.250%−$25 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.020%, 7d avg −0.058%

Together, before fees−0.294%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.079% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.250%, 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 -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.81 per $10,000. 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	Extended SOXL-USD	140.35	0	get 0.0000% / 1h	9m 07s	$33K	$311K	10x
Short	Kraken Futures PF_SOXLUSD	140.38	0.0651	get 0.0081% / 1h	9m 07s	$83K	$296K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.020%Rate

Funding earned: $136.77
Price spread: +0.020% → −0.058%: $7.88
Slippage, 4 orders: −$58.98
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $70.67
Costs to cover: 0.740%
Break-even: 3.4 days

Slippage from Extended: live order book, 38 min ago; Kraken Futures: live order book, 39 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 Extended live order book, 38 min ago	1.07 bp	4.0 bp −$4	13.5 bp −$135	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 39 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	−0.2288%	8h	140.25	−0.070%	$60.4M	$135.6M	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	140.27	−0.059%	$200K	$1.7M	50x	as long as short
Extended SOXL-USDlong	0.0000%	1h	140.35	long leg	$33K	$311K	10x
Binance SOXLUSDT	0.0000%	8h	140.27	−0.057%	$166.3M	$1.43B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	140.26	−0.063%	$47.0M	$225.2M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	140.24	−0.077%	$26.7M	$223.0M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	140.26	−0.063%	$28.1M	$48.9M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	140.23	−0.084%	$17.0M	$54.5M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	140.25	−0.070%	$1.9M	$5.4M	—	as long as short
GRVT SOXL_USDT_Perp	0.0000%	8h	140.30	−0.034%	$64K	$202K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SOXL-USDT	0.0000%	8h	140.34	−0.006%	$2K	$4.3M	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	0.0000%	1h	140.34	−0.006%	$109K	$339K	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	140.64	+0.208%	$92K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	140.17	−0.127%	$2.3M	$1.2M	10x	as long as short
BloFin SOXL-USDT	+0.0017%	8h	140.43	+0.058%	$1.3M	$472K	50x	as long as short
Lighter RH SOXL	+0.0032%	1h	140.20	−0.106%	$271K	$1.7M	20x	as long as short
Lighter SOXL	+0.0040%	1h	140.21	−0.098%	$689K	$2.3M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	140.11	−0.170%	$22.3M	$29.2M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	140.27	−0.056%	$219K	$508K	10x	as long as short
QFEX SOXL-USD	+0.0053%	1h	140.54	+0.137%	$260K	$266K	30x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	140.40	+0.037%	$6.7M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	140.24	−0.077%	$36K	$141K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	140.46	+0.080%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	140.51	+0.113%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0184%	1h	140.40	+0.037%	$966K	$3.2M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0473%	1h	140.59	+0.172%	$8K	$290K	10x	as long as short
Kraken Futures PF_SOXLUSDshort	+0.0651%	1h	140.38	+0.020%	$83K	$296K	20x
edgeX SOXLUSDC	+0.0682%	4h	140.28	−0.051%	$175K	$329K	10x	as long as short