Funding you earn now, next payment 03:00 UTC+0.0231%/8h= +25.2% APRnext payment +$0.29 per $10,000 · paid last 24h −0.012%
Price spread now: Polymarket Perps against Kraken Futures+0.104%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 5 days (all we have)+0.459%+$46 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.104%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Polymarket Perps is 0.033% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 144.89 | 0.0018 | pay 0.0002% / 1h | 25m 02s | $88K | $304K | 20x |
| Short | Polymarket Perps SOXL-USD | 145.04 | 0.0249 | get 0.0031% / 1h | 25m 02s | $3K | $269K | 10x |
Kraken Futures PF_SOXLUSD
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $48.42
- Price spread: +0.104% → +0.071%
- $3.3
- Slippage, 4 orders
- −$59.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$25.33
- Costs to cover
- 0.771%
- Break-even
- 10.7 days
Slippage from Kraken Futures: live order book, 38 min ago; Polymarket Perps: live order book, 37 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, 38 min ago | 4.82 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 37 min ago | 3.10 bp | 8.2 bp −$8 | 9.5 bp −$95 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 144.96 | +0.052% | $244K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 144.97 | +0.056% | $52.0M | $184.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.93 | +0.028% | $24.7M | $191.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.89 | 0.000% | $27.2M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.90 | +0.007% | $60.1M | $111.9M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | +0.090% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.96 | +0.049% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.91 | +0.014% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.87 | −0.013% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.95 | +0.042% | $268K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSDlong | +0.0018% | 1h | 144.89 | long leg | $88K | $304K | 20x | |
| Lighter SOXL | +0.0032% | 1h | 144.86 | −0.020% | $798K | $2.4M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.90 | +0.007% | $328K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | +0.114% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.84 | −0.034% | $25.3M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.21 | +0.221% | $207K | $582K | 10x | as long as short |
| Extended SOXL-USD | +0.0080% | 1h | 144.91 | +0.014% | $24K | $244K | 10x | as long as short |
| Binance SOXLUSDT | +0.0081% | 8h | 144.93 | +0.028% | $169.0M | $1.23B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0082% | 8h | 144.90 | +0.007% | $15.3M | $49.0M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.97 | +0.056% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.04 | +0.104% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.93 | +0.028% | $1K | $5K | 20x | as long as short |
| BloFin SOXL-USDT | +0.0103% | 8h | 144.96 | +0.049% | $1.2M | $478K | 50x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.92 | +0.024% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.03 | +0.097% | $816K | $2.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0164% | 1h | 144.93 | +0.028% | $115K | $279K | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0249% | 1h | 145.04 | +0.104% | $3K | $269K | 10x | |
| edgeX SOXLUSDC | +0.0922% | 4h | 145.00 | +0.079% | $181K | $324K | 10x | as long as short |
Lighter SOXL
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
BloFin SOXL-USDT
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC