SOXL Funding Rate — 3× Semiconductor ETF perpetuals across 12 venues
TradFi perpetual · compared across 12 venues · net of estimated fees · updated every few minutes
SOXL is a perpetual linked to the 3× Semiconductor ETF index/ETF. Perpia compares its annualized funding across venues and the best delta-neutral spread.
Live annualized SOXL perpetual funding across all 12 venues Perpia tracks. Right now SOXL funding is positive on 2 and negative on 2, ranging from +10.9% on KuCoin to -6.8% on Hyperliquid — a spread of 17.7%. The widest delta-neutral trade is long Hyperliquid / short KuCoin at 14.1% net APR.
SOXL funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
SOXL funding rate by venue
29 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin↗ | +10.9% | 8h |
| Lighter↗ | +3.5% | 8h |
| MEXC↗ | +0.0% | 8h |
| Extended↗ | +0.0% | 1h |
| Gate.io↗ | +0.0% | 8h |
| OKX↗ | +0.0% | 8h |
| Bybit↗ | +0.0% | 8h |
| Bitget↗ | +0.0% | 8h |
| Variational↗ | +0.0% | 8h |
| Aster↗ | +0.0% | 8h |
| trade.xyz↗ | -4.3% | 1h |
| Hyperliquid↗ | -6.8% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Hyperliquid vs KuCoin page.
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SOXL funding — FAQ
Is SOXL funding positive right now?
SOXL perpetual funding is positive on 2 of 12 venues Perpia tracks and negative on 2. The highest is +10.9% on KuCoin; the lowest is -6.8% on Hyperliquid.
What is the best SOXL funding arbitrage right now?
Go long Hyperliquid and short KuCoin for about 14.1% net APR after fees — the widest delta-neutral SOXL spread Perpia currently sees.
Which exchange has the highest SOXL funding rate?
KuCoin, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How SOXL funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to SOXL
Markets also quoted on both Hyperliquid and KuCoin — the same two exchanges you would already have funded for the SOXL trade.
See every spread between them on the Hyperliquid vs KuCoin page.