Funding you earn now, next payment 01:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.054%
Price spread now: BloFin against Kraken Futures+0.079%57s7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days+0.451%+$45 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.079%, 7d avg +0.118%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.040% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.118%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.451%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 146.59 | 0.0424 | pay 0.0053% / 1h | 59m 26s | $89K | $304K | 20x |
| Short | BloFin SOXL-USDT | 146.71 | 0.0297 | get 0.0297% / 8h | 6h 59m | $1.3M | $496K | 50x |
Kraken Futures PF_SOXLUSD
BloFin SOXL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$26.72
- Price spread: +0.079% → +0.118%
- −$3.97
- Slippage, 4 orders
- −$53.35
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.04
- Costs to cover
- 0.754%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 8 min ago; BloFin: live order book, 3 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, 8 min ago | 4.43 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.34 bp | 6.3 bp −$6 | 6.7 bp −$67 | 14.0 bp −$1,400 | 41.4 bp −$20.7K |
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 | +0.017% | $229K | $723K | 10x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.68 | +0.058% | $53.0M | $182.9M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.65 | +0.038% | $27.4M | $39.4M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.72 | +0.085% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 146.72 | +0.085% | $119K | $287K | 10x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.73 | +0.092% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0020% | 8h | 146.71 | +0.078% | $254K | $1.6M | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.57 | −0.017% | $816K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 146.61 | +0.010% | $349K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 146.58 | −0.010% | $26.3M | $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 | −0.010% | $271K | $271K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.70 | +0.072% | $7.0M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.58 | −0.010% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.72 | +0.085% | $1K | $5K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0103% | 8h | 146.66 | +0.044% | $26.4M | $190.6M | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.71 | +0.077% | $6K | — | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0206% | 1h | 146.73 | +0.092% | $5K | $266K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 146.68 | +0.058% | $955K | $2.4M | 10x | as long as short |
| HTX SOXL-USDT | +0.0223% | 8h | 146.81 | +0.147% | $185K | $624K | 50x | as long as short |
| Variational Omni SOXL | +0.0238% | 8h | 146.74 | +0.099% | $2.4M | $5.0M | — | as long as short |
| Extended SOXL-USD | +0.0272% | 1h | 146.57 | −0.020% | $25K | $273K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0273% | 8h | 146.62 | +0.017% | $14.0M | $46.8M | 200x | as long as short |
| Binance SOXLUSDT | +0.0275% | 8h | 146.63 | +0.026% | $171.9M | $1.22B | 50x | as long as short |
| BloFin SOXL-USDTshort | +0.0297% | 8h | 146.71 | +0.079% | $1.3M | $496K | 50x | |
| Kraken Futures PF_SOXLUSDlong | +0.0424% | 1h | 146.59 | long leg | $89K | $304K | 20x | |
| Bitget SOXLUSDT | +0.0646% | 8h | 146.61 | +0.010% | $61.8M | $112.6M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0738% | 8h | 146.75 | +0.104% | $72K | $164K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0851% | 4h | 146.64 | +0.030% | $183K | $323K | 10x | as long as short |
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
OKX SOXL-USDT-SWAP
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
HTX SOXL-USDT
Variational Omni SOXL
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
edgeX SOXLUSDC