Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT138.700get 0.0000% / 8h1h 28m$45.9M$230.1M100x
ShortLighter SOXL138.690.0032get 0.0004% / 1h28m 27s$686K$2.4M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 11 min ago0.36 bp7.1 bp −$711.1 bp −$11184.4 bp −$8,443doesn't fit
Sell Lighter live order book, 8 min ago2.54 bp2.9 bp −$33.9 bp −$3986.0 bp −$8,600doesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXLUSDT−0.2575%8h138.76+0.043%$60.2M$139.3M20xas long as short
Aster SOXLUSDT0.0000%8h138.68−0.017%$204K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.67−0.024%$35K$314K10xas long as short
Binance SOXLUSDT0.0000%8h138.71+0.007%$163.8M$1.46B50xas long as short
Bybit SOXLUSDTlong0.0000%8h138.70long leg$45.9M$230.1M100x
OKX SOXL-USDT-SWAP0.0000%8h138.71+0.007%$26.5M$226.7M20xas long as short
Gate SOXL_USDT0.0000%8h138.69−0.007%$28.3M$49.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.68−0.014%$16.7M$55.3M200xas long as short
Variational Omni SOXL0.0000%8h138.24−0.331%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.32−0.277%$64K$202K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h138.74+0.029%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h138.700.000%$108K$364K10xas long as short
HTX SOXL-USDT0.0000%8h138.64−0.043%$86K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.73+0.022%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0004%8h138.74+0.029%$1.3M$466K50xas long as short
Lighter SOXLshort+0.0032%1h138.69−0.007%$686K$2.4M20x
Lighter RH SOXL+0.0032%1h138.700.000%$269K$1.7M20xas long as short
edgeX SOXLUSDC+0.0035%4h138.18−0.374%$172K$332K10xas long as short
QFEX SOXL-USD+0.0046%1h138.700.000%$256K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.58−0.087%$21.3M$30.1M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.09−0.440%$210K$492K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.64−0.043%$6.6M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.09−0.440%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.68−0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.69−0.005%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.65−0.036%$947K$3.2M10xas long as short
Polymarket Perps SOXL-USD+0.0291%1h138.74+0.029%$9K$292K10xas long as short
Kraken Futures PF_SOXLUSD+0.0434%1h138.63−0.052%$83K$296K20xas long as short