Funding you earn now, next payment 02:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.028%
Price spread now: Lighter against Coinbase International+0.145%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.145%, 7d avg −0.036%
=Together, before fees−0.158%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.181% dearer against Coinbase International than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of −0.036%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 145.23 | 0.0160 | pay 0.0020% / 1h | 30m 53s | $817K | $2.4M | 10x |
| Short | Lighter SOXL | 145.44 | 0.0032 | get 0.0004% / 1h | 30m 53s | $813K | $2.4M | 20x |
Coinbase International SOXL-PERP-INTX
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$26.88
- Price spread: +0.145% → −0.036%
- $18.09
- Slippage, 4 orders
- −$9.97
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.76
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Lighter: live order book, 6 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 Coinbase International live order book, 3 min ago | 3.78 bp | 8.8 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.03 bp | 1.4 bp −$1 | 4.0 bp −$40 | 76.7 bp −$7,669 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.46 | +0.156% | $245K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.45 | +0.151% | $52.2M | $184.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.40 | +0.117% | $24.8M | $192.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.43 | +0.138% | $27.3M | $42.5M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.41 | +0.124% | $60.3M | $111.9M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.49 | +0.177% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.38 | +0.103% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.47 | +0.165% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.45 | +0.151% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.30 | +0.048% | $269K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.33 | +0.066% | $88K | $304K | 20x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 145.44 | +0.145% | $813K | $2.4M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.48 | +0.172% | $359K | $1.7M | 20x | as long as short |
| Variational Omni SOXL | +0.0050% | 8h | 145.40 | +0.114% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.44 | +0.145% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.44 | +0.145% | $207K | $598K | 10x | as long as short |
| Extended SOXL-USD | +0.0088% | 1h | 145.48 | +0.171% | $24K | $244K | 10x | as long as short |
| Binance SOXLUSDT | +0.0090% | 8h | 145.43 | +0.138% | $169.5M | $1.23B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0092% | 8h | 145.48 | +0.172% | $15.3M | $49.0M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0097% | 8h | 145.41 | +0.124% | $1.2M | $480K | 50x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.48 | +0.172% | $7.0M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.34 | +0.076% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.44 | +0.145% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.45 | +0.148% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0160% | 1h | 145.23 | long leg | $817K | $2.4M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0163% | 1h | 145.48 | +0.172% | $116K | $277K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0249% | 1h | 145.55 | +0.220% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0707% | 4h | 145.44 | +0.147% | $181K | $326K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter RH SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
BloFin SOXL-USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC