Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit−0.007%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.007%, 7d avg −0.048%
=Together, before fees+0.012%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.040% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 138.70 | 0 | get 0.0000% / 8h | 1h 28m | $45.9M | $230.1M | 100x |
| Short | Lighter SOXL | 138.69 | 0.0032 | get 0.0004% / 1h | 28m 27s | $686K | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $6.72
- Price spread: −0.007% → −0.048%
- $4.03
- Slippage, 4 orders
- −$9.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.38
- Costs to cover
- 0.201%
- Break-even
- 16.8 days
Slippage from Bybit: live order book, 11 min ago; Lighter: live order book, 8 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 Bybit live order book, 11 min ago | 0.36 bp | 7.1 bp −$7 | 11.1 bp −$111 | 84.4 bp −$8,443 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 2.54 bp | 2.9 bp −$3 | 3.9 bp −$39 | 86.0 bp −$8,600 | 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 | −0.2575% | 8h | 138.76 | +0.043% | $60.2M | $139.3M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.68 | −0.017% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.67 | −0.024% | $35K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.71 | +0.007% | $163.8M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 138.70 | long leg | $45.9M | $230.1M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.71 | +0.007% | $26.5M | $226.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.69 | −0.007% | $28.3M | $49.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.68 | −0.014% | $16.7M | $55.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.24 | −0.331% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.32 | −0.277% | $64K | $202K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.74 | +0.029% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 138.70 | 0.000% | $108K | $364K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.64 | −0.043% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.73 | +0.022% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0004% | 8h | 138.74 | +0.029% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 138.69 | −0.007% | $686K | $2.4M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 138.70 | 0.000% | $269K | $1.7M | 20x | as long as short |
| edgeX SOXLUSDC | +0.0035% | 4h | 138.18 | −0.374% | $172K | $332K | 10x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.70 | 0.000% | $256K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.58 | −0.087% | $21.3M | $30.1M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.09 | −0.440% | $210K | $492K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.64 | −0.043% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.09 | −0.440% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.68 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.69 | −0.005% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.65 | −0.036% | $947K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0291% | 1h | 138.74 | +0.029% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0434% | 1h | 138.63 | −0.052% | $83K | $296K | 20x | as long as short |
Bybit SOXLUSDT
Lighter SOXL
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
edgeX SOXLUSDC
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD