Funding you earn now, next payment 01:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.028%
Price spread now: Bitget against Kraken Futures−0.121%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days+0.688%+$69 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.121%, 7d avg +0.053%
=Funding pays, the price is against you. Bitget is 0.173% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.053%). If the spread goes back, that is −$17 on $10k: about 27 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.688% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 146.09 | 0.0426 | pay 0.0053% / 1h | 21m 54s | $89K | $304K | 20x |
| Short | Bitget SOXLUSDT | 145.91 | 0.0447 | get 0.0447% / 8h | 7h 21m | $61.6M | $111.6M | 20x |
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- $4.46
- Price spread: −0.121% → +0.053%
- −$17.32
- Slippage, 4 orders
- −$51.9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.76
- Costs to cover
- 0.739%
- Break-even
- 143.1 days
Slippage from Kraken Futures: live order book, 51 min ago; Bitget: 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 Kraken Futures live order book, 51 min ago | 3.80 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.03 bp | 7.9 bp −$8 | 12.6 bp −$126 | 34.5 bp −$3,450 | 53.3 bp −$26.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.77 | −0.219% | $217K | $1.6M | 50x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.83 | −0.175% | $27.9M | $39.3M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.95 | −0.093% | $1K | $4.5M | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.87 | −0.148% | $2.5M | $1.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0024% | 1h | 145.87 | −0.148% | $119K | $273K | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.81 | −0.189% | $812K | $2.6M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.84 | −0.169% | $347K | $1.8M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.93 | +0.578% | $242K | $747K | 10x | as long as short |
| QFEX SOXL-USD | +0.0070% | 1h | 146.04 | −0.032% | $270K | $271K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.85 | −0.162% | $6.9M | $10.5M | 20x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Phemex SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Lighter SOXL
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.78 | +0.475% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.78 | −0.210% | $1K | $5K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0102% | 8h | 145.90 | −0.128% | $26.7M | $189.0M | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.83 | −0.173% | $6K | — | 10x | as long as short |
| HTX SOXL-USDT | +0.0127% | 8h | 145.90 | −0.128% | $184K | $637K | 50x | as long as short |
| Variational Omni SOXL | +0.0150% | 8h | 146.81 | +0.496% | $2.3M | $4.9M | — | as long as short |
| BloFin SOXL-USDT | +0.0171% | 8h | 145.99 | −0.066% | $1.3M | $498K | 50x | as long as short |
| Extended SOXL-USD | +0.0184% | 1h | 145.79 | −0.205% | $25K | $318K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0186% | 8h | 145.80 | −0.196% | $12.9M | $47.7M | 200x | as long as short |
| Binance SOXLUSDT | +0.0188% | 8h | 145.84 | −0.169% | $171.2M | $1.21B | 50x | as long as short |
| tradeXYZ xyz:SOXL | +0.0203% | 1h | 145.84 | −0.169% | $26.2M | $21.6M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.05 | −0.025% | $1.1M | $2.2M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0219% | 8h | 145.93 | −0.107% | $53.1M | $181.9M | 100x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0426% | 1h | 146.09 | long leg | $89K | $304K | 20x | |
| Bitget SOXLUSDTshort | +0.0447% | 8h | 145.91 | −0.121% | $61.6M | $111.6M | 20x | |
| Polymarket Perps SOXL-USD | +0.0592% | 1h | 146.08 | −0.004% | $5K | $266K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0710% | 8h | 146.44 | +0.242% | $72K | $161K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0730% | 4h | 146.49 | +0.276% | $183K | $321K | 10x | as long as short |
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
OKX SOXL-USDT-SWAP
Aevo SOXL-PERP
HTX SOXL-USDT
Variational Omni SOXL
BloFin SOXL-USDT
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
Bybit SOXLUSDT
Polymarket Perps SOXL-USD
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC