Funding you earn now, next payment 11:00 UTC+0.0513%/8h= +56.2% APRpaid last 24h +0.064%
Price spread now: Kraken Futures against Gate−0.362%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.362%, 7d avg −0.075%
=Funding pays, the price is against you. Kraken Futures is 0.287% cheaper against Gate than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of −0.075%). If the spread goes back, that is −$29 on $10k: about 45 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.099%, 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 -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOXL_USDT | 141.50 | 0 | get 0.0000% / 8h | 5h 43m | $28.2M | $60.0M | 50x |
| Short | Kraken Futures PF_SOXLUSD | 140.99 | 0.0513 | get 0.0064% / 1h | 43m 37s | $88K | $380K | 20x |
Gate SOXL_USDT
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $107.69
- Price spread: −0.362% → −0.075%
- −$28.71
- Slippage, 4 orders
- −$97.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$43.73
- Costs to cover
- 1.227%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 2 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 Gate live order book, 3 min ago | 0.35 bp | 11.4 bp −$11 | 19.0 bp −$190 | 38.6 bp −$3,856 | 53.4 bp −$26.7K |
| Sell Kraken Futures live order book, 2 min ago | 5.66 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
SOXL on 28 exchanges
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 | −0.0407% | 8h | 141.57 | +0.049% | $59.5M | $163.0M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.51 | +0.009% | $181K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.44 | −0.044% | $41K | $445K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.55 | +0.035% | $162.8M | $1.66B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.60 | +0.071% | $45.3M | $231.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.57 | +0.049% | $25.6M | $262.3M | 20x | as long as short |
| Gate SOXL_USDTlong | 0.0000% | 8h | 141.50 | long leg | $28.2M | $60.0M | 50x | |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.51 | +0.007% | $20.6M | $60.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.65 | +0.105% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.07 | +0.403% | $66K | $197K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 141.49 | −0.007% | $1K | $3.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 141.51 | +0.007% | $115K | $381K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | −0.092% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.47 | −0.021% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 141.48 | −0.014% | $262K | $257K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0024% | 8h | 141.44 | −0.042% | $1.3M | $506K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 141.52 | +0.014% | $680K | $2.7M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 141.49 | −0.007% | $262K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.52 | +0.014% | $22.1M | $33.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 141.30 | −0.141% | $13K | $293K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.41 | −0.064% | $206K | $398K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.58 | +0.057% | $6.4M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 141.44 | −0.042% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.48 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.47 | −0.024% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0166% | 4h | 141.44 | −0.039% | $176K | $335K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 142.21 | +0.502% | $827K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0513% | 1h | 140.99 | −0.362% | $88K | $380K | 20x |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX