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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.019%
Price spread now: KuCoin against Lighter+0.078%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.078%, 7d avg +0.010%
Together, before fees+0.033%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.069% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL140.690.0032pay 0.0004% / 1h14m 35s$691K$2.5M20x
ShortKuCoin SOXLUSDTM140.800.0100get 0.0100% / 8h3h 14m$6.7M$10.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$14.28
Price spread: +0.078% → +0.010%
$6.85
Slippage, 4 orders
−$26.59
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.46
Costs to cover
0.386%
Break-even
15.6 days
Slippage from Lighter: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago1.42 bp3.6 bp −$412.7 bp −$12786.8 bp −$8,681doesn't fit
Sell KuCoin live order book, 4 min ago0.71 bp15.2 bp −$15doesn't fitdoesn'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
Bitget SOXLUSDT−0.1080%8h141.04+0.249%$58.9M$122.1M20xas long as short
BloFin SOXL-USDT−0.0020%8h141.04+0.249%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.77+0.058%$212K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h140.80+0.079%$33K$241K10xas long as short
Binance SOXLUSDT0.0000%8h140.90+0.152%$165.3M$1.32B50xas long as short
Bybit SOXLUSDT0.0000%8h140.97+0.199%$47.6M$207.5M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h141.02+0.235%$24.9M$203.8M20xas long as short
Gate SOXL_USDT0.0000%8h140.82+0.092%$26.2M$45.2M50xas long as short
MEXC SOXL_USDT0.0000%8h140.72+0.021%$14.6M$51.2M200xas long as short
Variational Omni SOXL0.0000%8h141.11+0.299%$2.2M$4.9Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h140.95+0.185%$67K$187K10xas long as short
SunX SOXL-USDT0.0000%8h141.02+0.235%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h140.91+0.156%$116K$851K50xas long as short
Phemex SOXLUSDT0.0000%8h140.86+0.121%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h140.79+0.071%$260K$266K30xas long as short
edgeX SOXLUSDC+0.0010%4h140.76+0.047%$175K$330K10xas long as short
Lighter SOXLlong+0.0032%1h140.69long leg$691K$2.5M20x
Lighter RH SOXL+0.0032%1h140.690.000%$261K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.66−0.021%$207K$500K10xas long as short
Kraken Futures PF_SOXLUSD+0.0051%1h141.09+0.284%$83K$294K20xas long as short
tradeXYZ xyz:SOXL+0.0053%1h140.66−0.021%$24.9M$23.5M10xas long as short
KuCoin SOXLUSDTMshort+0.0100%8h140.80+0.078%$6.7M$10.3M20x
ApeX Omni SOXLUSDT+0.0100%1h140.84+0.107%$37K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.98+0.206%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.96+0.194%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h141.21+0.370%$880K$2.8M10xas long as short
Polymarket Perps SOXL-USD+0.0395%1h141.09+0.284%$3K$269K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0673%1h140.93+0.171%$110K$333K10xas long as short