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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.011%
Price spread now: Lighter against GRVT−0.198%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.198%, 7d avg −0.056%
Together, before fees+0.111%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.141% cheaper against GRVT than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of −0.056%). If the spread goes back, that is −$14 on $10k: about 5.9 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.042% in total) that is about 24 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SOXL_USDT_Perp141.310get 0.0000% / 8h2h 49m$67K$196K10x
ShortLighter SOXL141.030.0080get 0.0010% / 1h49m 20s$696K$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against GRVT. 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
$16.8
Price spread: −0.198% → −0.056%
−$14.14
Slippage, 4 orders
−$18.25
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$24.59
Costs to cover
0.272%
Break-even
17.2 days
Slippage from GRVT: live order book, 63 min ago; Lighter: live order book, 2 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 GRVT live order book, 63 min ago5.92 bp10.4 bp −$1014.9 bp −$149doesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago2.12 bp2.3 bp −$26.2 bp −$6282.3 bp −$8,226doesn'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−0.1609%8h140.97−0.240%$60.5M$128.3M20xas long as short
Aster SOXLUSDT0.0000%8h140.89−0.297%$206K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.82−0.345%$33K$312K10xas long as short
Binance SOXLUSDT0.0000%8h140.92−0.276%$165.2M$1.36B50xas long as short
Bybit SOXLUSDT0.0000%8h140.87−0.311%$46.9M$215.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.91−0.283%$25.5M$210.4M20xas long as short
Gate SOXL_USDT0.0000%8h140.94−0.262%$26.0M$46.2M50xas long as short
MEXC SOXL_USDT0.0000%8h140.95−0.254%$17.5M$52.1M200xas long as short
Variational Omni SOXL0.0000%8h141.310.000%$2.2M$5.0Mas long as short
GRVT SOXL_USDT_Perplong0.0000%8h141.31long leg$67K$196K10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h140.93−0.269%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h140.79−0.368%$110K$333K10xas long as short
HTX SOXL-USDT0.0000%8h141.37+0.043%$102K$1.1M50xas long as short
Phemex SOXLUSDT0.0000%8h141.14−0.120%$2.4M$1.2M10xas long as short
BloFin SOXL-USDT+0.0006%8h141.28−0.021%$1.2M$474K50xas long as short
Lighter RH SOXL+0.0032%1h141.00−0.219%$264K$1.7M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h141.35+0.029%$208K$502K10xas long as short
QFEX SOXL-USD+0.0053%1h140.85−0.325%$260K$266K30xas long as short
Lighter SOXLshort+0.0080%1h141.03−0.198%$696K$2.3M20x
KuCoin SOXLUSDTM+0.0100%8h140.97−0.240%$6.7M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.27−0.028%$37K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.87−0.311%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.85−0.328%$5K10xas long as short
edgeX SOXLUSDC+0.0113%4h141.14−0.124%$176K$329K10xas long as short
tradeXYZ xyz:SOXL+0.0134%1h140.91−0.283%$25.2M$23.9M10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h141.38+0.050%$898K$2.9M10xas long as short
Polymarket Perps SOXL-USD+0.0519%1h141.09−0.155%$3K$269K10xas long as short
Kraken Futures PF_SOXLUSD+0.0650%1h140.74−0.406%$85K$299K20xas long as short