Funding you earn now, next payment 09:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h +0.055%
Price spread now: Kraken Futures against Lighter+0.069%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.069%, 7d avg −0.042%
=Together, before fees−0.614%+ Points / potential airdropLighter: Season 3 · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.111% dearer against Lighter than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.042%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 136.79 | 0.0032 | pay 0.0004% / 1h | 37m 13s | $654K | $2.5M | 20x |
| Short | Kraken Futures PF_SOXLUSD | 136.88 | −0.0121 | pay 0.0015% / 1h | 37m 13s | $77K | $317K | 20x |
Lighter SOXL
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$32.17
- Price spread: +0.069% → −0.042%
- $11.07
- Slippage, 4 orders
- −$50.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$81.24
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Kraken Futures: live order book, 60 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 | 1.46 bp | 2.6 bp −$3 | 5.1 bp −$51 | 70.0 bp −$7,001 | doesn't fit |
| Sell Kraken Futures live order book, 60 min ago | 5.04 bp | 28.8 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1591% | 8h | 136.88 | +0.066% | $58.4M | $145.2M | 20x | as long as short |
| Kraken Futures PF_SOXLUSDshort | −0.0121% | 1h | 136.88 | +0.069% | $77K | $317K | 20x | |
| BloFin SOXL-USDT | −0.0011% | 8h | 136.91 | +0.088% | $1.2M | $464K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 136.83 | +0.028% | $182K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 136.80 | +0.010% | $71K | $364K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 136.81 | +0.016% | $161.3M | $1.49B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 136.83 | +0.029% | $45.4M | $221.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 136.85 | +0.044% | $25.3M | $227.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 136.89 | +0.073% | $28.8M | $51.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 136.91 | +0.088% | $21.4M | $56.6M | 200x | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 137.11 | +0.236% | $1.8M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 136.90 | +0.079% | $63K | $194K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 136.88 | +0.066% | $1K | $3.9M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 136.82 | +0.022% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 136.88 | +0.066% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 136.94 | +0.110% | $253K | $264K | 30x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 136.79 | long leg | $654K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 136.76 | −0.022% | $231K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 136.77 | −0.015% | $20.2M | $29.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 136.83 | +0.029% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 136.65 | −0.102% | $209K | $420K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 136.91 | +0.088% | $6.3M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.82 | +0.022% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 136.84 | +0.037% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 136.83 | +0.028% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.34 | +0.402% | $930K | $3.0M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0408% | 1h | 136.87 | +0.058% | $109K | $387K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0631% | 4h | 136.94 | +0.111% | $170K | $332K | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC