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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against KuCoin−0.021%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.237%−$24 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.021%, 7d avg +0.018%
Together, before fees−0.113%+ Points / potential airdropLighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXLUSDTM144.650.0100pay 0.0100% / 8h6h 34m$6.9M$10.4M20x
ShortLighter RH SOXL144.620.0032get 0.0004% / 1h34m 56s$347K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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
−$14.28
Price spread: −0.021% → +0.018%
−$3.85
Slippage, 4 orders
−$33.66
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$63.79
Costs to cover
0.457%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Lighter RH: live order book, 3 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 KuCoin live order book, 8 min ago0.34 bp29.5 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago1.73 bp2.4 bp −$28.2 bp −$82doesn't fitdoesn'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
Aster SOXLUSDT0.0000%8h144.62−0.022%$248K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.77+0.083%$52.2M$185.7M100xas long as short
Gate SOXL_USDT0.0000%8h144.74+0.062%$27.0M$41.3M50xas long as short
SunX SOXL-USDT0.0000%8h144.60−0.035%$2K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.56−0.062%$118K$276K10xas long as short
HTX SOXL-USDT0.0000%8h144.23−0.290%$182K$616K50xas long as short
Phemex SOXLUSDT0.0000%8h144.62−0.021%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h144.50−0.104%$267K$271K30xas long as short
Lighter SOXL+0.0032%1h144.56−0.062%$809K$2.5M20xas long as short
Lighter RH SOXLshort+0.0032%1h144.62−0.021%$347K$1.8M20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h144.67+0.014%$25.6M$22.6M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.09−0.387%$205K$645K10xas long as short
OKX SOXL-USDT-SWAP+0.0051%8h144.74+0.062%$24.7M$191.3M20xas long as short
Polymarket Perps SOXL-USD+0.0053%1h144.69+0.028%$3K$269K10xas long as short
KuCoin SOXLUSDTMlong+0.0100%8h144.65long leg$6.9M$10.4M20x
ApeX Omni SOXLUSDT+0.0100%1h144.24−0.283%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.56−0.062%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.51−0.096%$6K10xas long as short
GRVT SOXL_USDT_Perp+0.0109%8h144.66+0.007%$71K$168K10xas long as short
Bitget SOXLUSDT+0.0137%8h144.75+0.069%$60.1M$112.7M20xas long as short
Variational Omni SOXL+0.0162%8h144.37−0.192%$2.3M$4.9Mas long as short
Extended SOXL-USD+0.0192%1h144.66+0.004%$24K$254K10xas long as short
Binance SOXLUSDT+0.0195%8h144.73+0.052%$169.7M$1.23B50xas long as short
MEXC SOXL_USDT+0.0196%8h144.73+0.055%$14.6M$47.9M200xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h144.54−0.076%$799K$2.5M10xas long as short
BloFin SOXL-USDT+0.0206%8h145.57+0.636%$1.3M$490K50xas long as short
edgeX SOXLUSDC+0.0409%4h144.650.000%$180K$323K10xas long as short
Kraken Futures PF_SOXLUSD+0.0415%1h144.60−0.033%$88K$304K20xas long as short