Funding you earn now, next payment 06:00 UTC−0.0651%/8h= −71.3% APRnext payment −$0.81 per $10,000 · paid last 24h −0.011%
Price spread now: Deribit against Kraken Futures−0.026%7-day average +0.075% · 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−$96as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 4 days (all we have)+0.519%+$52 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.026%, 7d avg +0.075%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Deribit is 0.101% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.075%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.519%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 140.38 | 0.0651 | pay 0.0081% / 1h | 9m 05s | $83K | $296K | 20x |
| Short | Deribit SOXL_USDC-PERPETUAL | 140.34 | 0 | get 0.0000% / 1h | 9m 05s | $109K | $339K | 10x |
Kraken Futures PF_SOXLUSD
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$136.77
- Price spread: −0.026% → +0.075%
- −$10.09
- Slippage, 4 orders
- −$69.01
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$232.87
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 39 min ago; Deribit: 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 Kraken Futures live order book, 39 min ago | 4.98 bp | 36.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 39 min ago | 3.90 bp | 7.4 bp −$7 | 11.0 bp −$110 | 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 | 140.37 | −0.005% | $60.4M | $135.6M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.25 | −0.087% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.23 | −0.104% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.26 | −0.086% | $166.2M | $1.43B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.31 | −0.048% | $46.9M | $225.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.35 | −0.019% | $26.7M | $223.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.26 | −0.083% | $28.1M | $48.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.23 | −0.105% | $17.0M | $54.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | −0.090% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.30 | −0.055% | $64K | $202K | 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 | 140.34 | −0.026% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | 0.0000% | 1h | 140.34 | −0.026% | $109K | $339K | 10x | |
| HTX SOXL-USDT | 0.0000% | 8h | 140.64 | +0.187% | $92K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.17 | −0.147% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0017% | 8h | 140.43 | +0.038% | $1.3M | $472K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.20 | −0.126% | $271K | $1.7M | 20x | as long as short |
| Lighter SOXL | +0.0040% | 1h | 140.21 | −0.119% | $689K | $2.3M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.11 | −0.190% | $22.3M | $29.2M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.27 | −0.076% | $219K | $508K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.54 | +0.116% | $260K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.40 | +0.016% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.24 | −0.098% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.46 | +0.059% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.51 | +0.093% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.40 | +0.016% | $966K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0473% | 1h | 140.59 | +0.152% | $8K | $290K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0651% | 1h | 140.38 | long leg | $83K | $296K | 20x | |
| edgeX SOXLUSDC | +0.0682% | 4h | 140.28 | −0.071% | $175K | $329K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Lighter SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC