Funding you earn now, next payment 07:00 UTC−0.0437%/8h= −47.8% APRpaid last 24h −0.062%
Price spread now: OKX against Kraken Futures+0.277%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$770.773% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.277%, 7d avg +0.071%
=The price spread pays, funding is against you. OKX is 0.206% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.277% now, against its 7-day average of +0.071%): +$21 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 7 days funding on this pair paid +0.307%, 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 | 137.68 | 0.0437 | pay 0.0055% / 1h | 37m 40s | $82K | $296K | 20x |
| Short | OKX SOXL-USDT-SWAP | 138.06 | 0 | get 0.0000% / 8h | 1h 37m | $26.3M | $224.8M | 20x |
Kraken Futures PF_SOXLUSD
OKX SOXL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$91.7
- Price spread: +0.277% → +0.071%
- $20.62
- Slippage, 4 orders
- −$57.26
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$148.34
- Costs to cover
- 0.773%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago | 5.43 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.36 bp | 5.6 bp −$6 | 8.8 bp −$88 | 46.0 bp −$4,599 | 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 | −0.2505% | 8h | 138.13 | +0.328% | $59.8M | $138.8M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0003% | 8h | 137.87 | +0.139% | $1.3M | $463K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.97 | +0.215% | $203K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.96 | +0.202% | $35K | $316K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.00 | +0.237% | $163.7M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.02 | +0.248% | $45.9M | $229.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAPshort | 0.0000% | 8h | 138.06 | +0.277% | $26.3M | $224.8M | 20x | |
| Gate SOXL_USDT | 0.0000% | 8h | 137.98 | +0.219% | $28.0M | $49.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.02 | +0.248% | $16.7M | $55.2M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.16 | +0.351% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.16 | +0.349% | $63K | $204K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.82 | +0.103% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.17 | +0.357% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.98 | +0.219% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 137.98 | +0.219% | $684K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 137.95 | +0.198% | $267K | $1.7M | 20x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 137.84 | +0.118% | $254K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.83 | +0.110% | $21.3M | $29.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.05 | +0.270% | $210K | $492K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.99 | +0.227% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.06 | +0.277% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.76 | +0.060% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.74 | +0.043% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 137.66 | −0.013% | $940K | $3.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0288% | 1h | 137.84 | +0.118% | $9K | $292K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0404% | 1h | 137.80 | +0.089% | $117K | $353K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0437% | 1h | 137.68 | long leg | $82K | $296K | 20x | |
| edgeX SOXLUSDC | +0.0588% | 4h | 138.14 | +0.339% | $172K | $330K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC