Funding you earn now, next payment 03:00 UTC−0.0675%/8h= −73.9% APRpaid last 24h −0.180%
Price spread now: Lighter RH against edgeX−0.305%110s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as 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−$580.576% of the position
Funding, last 7 days−0.433%−$43 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.305%, 7d avg +0.006%
=Together, before fees−0.295%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Lighter RH is 0.311% cheaper against edgeX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.433% in total (about -22.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXLUSDC | 145.44 | 0.0707 | pay 0.0353% / 4h | 1h 27m | $181K | $326K | 10x |
| Short | Lighter RH SOXL | 145.00 | 0.0032 | get 0.0004% / 1h | 27m 37s | $342K | $1.7M | 20x |
edgeX SOXLUSDC
Lighter RH SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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
- −$141.69
- Price spread: −0.305% → +0.006%
- −$31.12
- Slippage, 4 orders
- −$48.59
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$230.4
- Costs to cover
- 0.576%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; Lighter RH: live order book, 5 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 edgeX live order book, 36 min ago | 20.71 bp | 26.4 bp −$26 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.38 bp | 2.9 bp −$3 | 11.0 bp −$110 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.04 | −0.280% | $244K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.03 | −0.285% | $52.0M | $184.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.98 | −0.319% | $24.7M | $191.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.99 | −0.312% | $27.2M | $42.5M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.02 | −0.291% | $60.1M | $111.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.53 | +0.059% | $71K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.06 | −0.264% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.27 | −0.120% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.05 | −0.271% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.96 | −0.333% | $268K | $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 | 145.05 | −0.271% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 144.95 | −0.340% | $810K | $2.4M | 20x | as long as short |
| Lighter RH SOXLshort | +0.0032% | 1h | 145.00 | −0.305% | $342K | $1.7M | 20x | |
| Variational Omni SOXL | +0.0050% | 8h | 145.40 | −0.033% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 144.94 | −0.346% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.21 | −0.161% | $207K | $597K | 10x | as long as short |
| Binance SOXLUSDT | +0.0083% | 8h | 145.00 | −0.306% | $169.0M | $1.23B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0084% | 8h | 144.99 | −0.312% | $15.3M | $49.0M | 200x | as long as short |
| Extended SOXL-USD | +0.0088% | 1h | 144.95 | −0.339% | $24K | $244K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0092% | 8h | 145.23 | −0.147% | $1.2M | $479K | 50x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0095% | 1h | 145.07 | −0.257% | $116K | $278K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.05 | −0.271% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.49 | +0.032% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.06 | −0.264% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.03 | −0.284% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.29 | −0.106% | $817K | $2.4M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0247% | 1h | 145.20 | −0.168% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDClong | +0.0707% | 4h | 145.44 | long leg | $181K | $326K | 10x |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
MEXC SOXL_USDT
Extended SOXL-USD
BloFin SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD