Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter+0.076%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.076%, 7d avg +0.046%
=Together, before fees−0.111%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.029% dearer against Lighter than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.046%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.019% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 145.27 | 0.0032 | pay 0.0004% / 1h | 55m 05s | $812K | $2.4M | 20x |
| Short | Bybit SOXLUSDT | 145.38 | 0 | get 0.0000% / 8h | 5h 55m | $52.1M | $185.2M | 100x |
Lighter SOXL
Bybit SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- −$6.72
- Price spread: +0.076% → +0.046%
- $2.93
- Slippage, 4 orders
- −$9.03
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.82
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Bybit: live order book, 4 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 Lighter live order book, 7 min ago | 1.73 bp | 2.7 bp −$3 | 21.1 bp −$211 | 113.4 bp −$11.3K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.34 bp | 7.0 bp −$7 | 13.3 bp −$133 | 47.7 bp −$4,768 | doesn't fit |
SOXL on 27 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 | 145.14 | −0.086% | $247K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDTshort | 0.0000% | 8h | 145.38 | +0.076% | $52.1M | $185.2M | 100x | |
| Gate SOXL_USDT | 0.0000% | 8h | 145.29 | +0.014% | $27.2M | $42.2M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.24 | −0.021% | $60.2M | $112.2M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.08 | −0.129% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.31 | +0.028% | $1K | $4.4M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.22 | −0.034% | $118K | $283K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.15 | −0.083% | $184K | $578K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.31 | +0.028% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 145.25 | −0.014% | $269K | $271K | 30x | as long as short |
Aster SOXLUSDT
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.15 | −0.085% | $88K | $304K | 20x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0018% | 8h | 145.36 | +0.062% | $24.7M | $191.9M | 20x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 145.27 | long leg | $812K | $2.4M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.26 | −0.007% | $359K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.26 | −0.007% | $25.4M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.07 | −0.138% | $207K | $619K | 10x | as long as short |
| Variational Omni SOXL | +0.0080% | 8h | 145.15 | −0.082% | $2.4M | $4.8M | — | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.19 | −0.055% | $6.9M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.03 | −0.165% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.20 | −0.048% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.18 | −0.063% | $6K | — | 10x | as long as short |
| Extended SOXL-USD | +0.0120% | 1h | 145.21 | −0.044% | $25K | $241K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0122% | 8h | 145.27 | 0.000% | $15.6M | $48.7M | 200x | as long as short |
| Binance SOXLUSDT | +0.0123% | 8h | 145.30 | +0.022% | $169.6M | $1.23B | 50x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 145.29 | +0.014% | $804K | $2.5M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0298% | 1h | 145.32 | +0.034% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0508% | 4h | 145.04 | −0.161% | $181K | $323K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
OKX SOXL-USDT-SWAP
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Variational Omni SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Extended SOXL-USD
MEXC SOXL_USDT
Binance SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC