Funding you earn now, next payment 23:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.044%
Price spread now: Coinbase International against Lighter+0.021%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.021%, 7d avg +0.040%
=Together, before fees+0.123%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.196%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 144.77 | 0.0208 | pay 0.0026% / 1h | 17m 31s | $803K | $2.6M | 20x |
| Short | Coinbase International SOXL-PERP-INTX | 144.80 | 0.0144 | get 0.0018% / 1h | 17m 31s | $977K | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$13.44
- Price spread: +0.021% → +0.040%
- −$1.88
- Slippage, 4 orders
- −$11.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.75
- Costs to cover
- 0.214%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Coinbase International: live order book, 1 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, 5 min ago | 1.04 bp | 1.0 bp −$1 | 2.5 bp −$25 | 54.3 bp −$5,426 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 4.14 bp | 9.1 bp −$9 | 14.3 bp −$143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0023% | 1h | 144.81 | +0.024% | $90K | $303K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 144.82 | +0.036% | $216K | $1.6M | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 144.69 | −0.055% | $25.6M | $184.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 144.72 | −0.035% | $27.5M | $39.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 144.66 | −0.076% | $60.3M | $109.2M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 144.68 | −0.065% | $2.2M | $4.9M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.97 | +0.137% | $72K | $163K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.87 | +0.069% | $2K | $4.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.81 | +0.028% | $194K | $559K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.89 | +0.083% | $2.5M | $1.2M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXL_USDT | +0.0014% | 8h | 144.76 | −0.007% | $14.3M | $46.6M | 200x | as long as short |
| Extended SOXL-USD | +0.0016% | 1h | 144.73 | −0.026% | $27K | $338K | 10x | as long as short |
| Binance SOXLUSDT | +0.0020% | 8h | 144.71 | −0.041% | $172.3M | $1.19B | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 144.74 | −0.021% | $308K | $257K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0027% | 8h | 144.96 | +0.131% | $1.2M | $490K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 144.76 | −0.007% | $343K | $1.9M | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.68 | −0.062% | $238K | $915K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 144.75 | −0.014% | $6.9M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.75 | −0.014% | $38K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 144.87 | +0.069% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 144.78 | +0.006% | $6K | — | 10x | as long as short |
| Bybit SOXLUSDT | +0.0111% | 8h | 144.75 | −0.014% | $51.5M | $178.2M | 100x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0144% | 1h | 144.80 | +0.021% | $977K | $2.3M | 10x | |
| tradeXYZ xyz:SOXL | +0.0202% | 1h | 144.73 | −0.028% | $26.3M | $22.0M | 10x | as long as short |
| Lighter SOXLlong | +0.0208% | 1h | 144.77 | long leg | $803K | $2.6M | 20x | |
| edgeX SOXLUSDC | +0.0268% | 4h | 144.92 | +0.107% | $181K | $323K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0588% | 1h | 144.84 | +0.048% | $5K | $265K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0855% | 1h | 144.90 | +0.090% | $118K | $297K | 10x | as long as short |
Lighter SOXL
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
MEXC SOXL_USDT
Extended SOXL-USD
Binance SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Bybit SOXLUSDT
tradeXYZ xyz:SOXL
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL