Funding you earn now, next payment 06:00 UTC+0.0359%/8h= +39.3% APRpaid last 24h +0.035%
Price spread now: Polymarket Perps against KuCoin+0.100%7-day average +0.019% · 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−$46as in the Price arb table
costs, in and out, $10k−$540.538% of the position
Funding, last 6 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.100%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Polymarket Perps is 0.081% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.019%.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOXLUSDTM | 140.44 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $6.7M | $10.7M | 20x |
| Short | Polymarket Perps SOXL-USD | 140.58 | 0.0459 | get 0.0057% / 1h | 7m 14s | $8K | $291K | 10x |
KuCoin SOXLUSDTM
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- $75.43
- Price spread: +0.100% → +0.019%
- $8.07
- Slippage, 4 orders
- −$33.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $29.68
- Costs to cover
- 0.538%
- Break-even
- 4.2 days
Slippage from KuCoin: live order book, 1 min ago; Polymarket Perps: live order book, 40 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 KuCoin live order book, 1 min ago | 0.71 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 40 min ago | 3.56 bp | 8.7 bp −$9 | 8.9 bp −$89 | 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 | −0.2228% | 8h | 140.53 | +0.064% | $60.4M | $135.8M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0027% | 8h | 140.44 | 0.000% | $1.3M | $472K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.35 | −0.065% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.45 | +0.007% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.35 | −0.064% | $166.4M | $1.43B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.39 | −0.036% | $46.8M | $225.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.40 | −0.028% | $26.7M | $223.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.48 | +0.028% | $28.1M | $49.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.36 | −0.057% | $16.8M | $54.6M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | −0.135% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
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 | 140.30 | −0.100% | $64K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.48 | +0.028% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.56 | +0.085% | $93K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.44 | 0.000% | $2.4M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 140.49 | +0.036% | $690K | $2.3M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.36 | −0.057% | $271K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0035% | 1h | 140.49 | +0.036% | $109K | $339K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.39 | −0.036% | $22.2M | $29.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.08 | −0.256% | $219K | $514K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.46 | +0.014% | $260K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTMlong | +0.0100% | 8h | 140.44 | long leg | $6.7M | $10.7M | 20x | |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.24 | −0.142% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.48 | +0.028% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.46 | +0.014% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.40 | −0.028% | $966K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0459% | 1h | 140.58 | +0.100% | $8K | $291K | 10x | |
| Kraken Futures PF_SOXLUSD | +0.0651% | 1h | 140.39 | −0.035% | $83K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0682% | 4h | 140.28 | −0.116% | $175K | $329K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
Lighter RH SOXL
Deribit SOXL_USDC-PERPETUAL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC