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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL144.770.0208pay 0.0026% / 1h17m 31s$803K$2.6M20x
ShortCoinbase International SOXL-PERP-INTX144.800.0144get 0.0018% / 1h17m 31s$977K$2.3M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago1.04 bp1.0 bp −$12.5 bp −$2554.3 bp −$5,426doesn't fit
Sell Coinbase International live order book, 1 min ago4.14 bp9.1 bp −$914.3 bp −$143doesn'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
Kraken Futures PF_SOXLUSD−0.0023%1h144.81+0.024%$90K$303K20xas long as short
Aster SOXLUSDT0.0000%8h144.82+0.036%$216K$1.6M50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.69−0.055%$25.6M$184.2M20xas long as short
Gate SOXL_USDT0.0000%8h144.72−0.035%$27.5M$39.6M50xas long as short
Bitget SOXLUSDT0.0000%8h144.66−0.076%$60.3M$109.2M20xas long as short
Variational Omni SOXL0.0000%8h144.68−0.065%$2.2M$4.9Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h144.97+0.137%$72K$163K10xas long as short
SunX SOXL-USDT0.0000%8h144.87+0.069%$2K$4.7M10xas long as short
HTX SOXL-USDT0.0000%8h144.81+0.028%$194K$559K50xas long as short
Phemex SOXLUSDT0.0000%8h144.89+0.083%$2.5M$1.2M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SOXL_USDT+0.0014%8h144.76−0.007%$14.3M$46.6M200xas long as short
Extended SOXL-USD+0.0016%1h144.73−0.026%$27K$338K10xas long as short
Binance SOXLUSDT+0.0020%8h144.71−0.041%$172.3M$1.19B50xas long as short
QFEX SOXL-USD+0.0021%1h144.74−0.021%$308K$257K30xas long as short
BloFin SOXL-USDT+0.0027%8h144.96+0.131%$1.2M$490K50xas long as short
Lighter RH SOXL+0.0032%1h144.76−0.007%$343K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.68−0.062%$238K$915K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.75−0.014%$6.9M$10.9M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.75−0.014%$38K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.87+0.069%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.78+0.006%$6K10xas long as short
Bybit SOXLUSDT+0.0111%8h144.75−0.014%$51.5M$178.2M100xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0144%1h144.80+0.021%$977K$2.3M10x
tradeXYZ xyz:SOXL+0.0202%1h144.73−0.028%$26.3M$22.0M10xas long as short
Lighter SOXLlong+0.0208%1h144.77long leg$803K$2.6M20x
edgeX SOXLUSDC+0.0268%4h144.92+0.107%$181K$323K10xas long as short
Polymarket Perps SOXL-USD+0.0588%1h144.84+0.048%$5K$265K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0855%1h144.90+0.090%$118K$297K10xas long as short