Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against MEXC−0.071%51s7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as 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−$580.581% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.071%, 7d avg −0.151%
=The price spread pays, funding is against you. Kraken Futures is 0.080% dearer against MEXC than usual: you sell high and buy low (spread −0.071% now, against its 7-day average of −0.151%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 51 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 | MEXC SOXL_USDT | 145.74 | 0.0011 | pay 0.0011% / 8h | 4h 33m | $15.9M | $49.1M | 200x |
| Short | Kraken Futures PF_SOXLUSD | 145.64 | −0.0116 | pay 0.0014% / 1h | 33m 23s | $88K | $304K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$26.61
- Price spread: −0.071% → −0.151%
- $7.98
- Slippage, 4 orders
- −$48.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$76.76
- Costs to cover
- 0.581%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Kraken Futures: live order book, 24 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 MEXC live order book, 6 min ago | 0.34 bp | 0.3 bp $0 | 0.3 bp −$3 | 1.8 bp −$177 | 9.0 bp −$4,478 |
| Sell Kraken Futures live order book, 24 min ago | 4.80 bp | 28.2 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSDshort | −0.0116% | 1h | 145.64 | −0.071% | $88K | $304K | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 145.73 | −0.010% | $233K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.74 | 0.000% | $52.2M | $186.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.66 | −0.055% | $24.7M | $197.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.72 | −0.014% | $27.4M | $43.0M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.72 | −0.014% | $60.4M | $112.9M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.73 | −0.007% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.71 | −0.021% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.73 | −0.007% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.71 | −0.021% | $115K | $286K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 145.76 | +0.014% | $184K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.71 | −0.021% | $2.5M | $1.2M | 10x | as long as short |
| Binance SOXLUSDT | +0.0008% | 8h | 145.75 | +0.004% | $170.9M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0008% | 1h | 145.70 | −0.029% | $24K | $239K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0010% | 8h | 145.74 | 0.000% | $1.2M | $479K | 50x | as long as short |
| MEXC SOXL_USDTlong | +0.0011% | 8h | 145.74 | long leg | $15.9M | $49.1M | 200x | |
| QFEX SOXL-USD | +0.0021% | 1h | 145.70 | −0.027% | $269K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.72 | −0.014% | $730K | $2.5M | 20x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 145.68 | −0.041% | $277K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.71 | −0.021% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.57 | −0.117% | $208K | $490K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.75 | +0.007% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.71 | −0.021% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.71 | −0.021% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.69 | −0.036% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.68 | −0.041% | $907K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0162% | 1h | 145.86 | +0.082% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0617% | 4h | 145.70 | −0.030% | $182K | $327K | 10x | as long as short |
MEXC SOXL_USDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Binance SOXLUSDT
Extended SOXL-USD
BloFin SOXL-USDT
Lighter SOXL
Lighter RH SOXL
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC