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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.5% APRnext payment $0.18 per $10,000 · paid last 24h +0.044%
Price spread now: Ondo Perps against Lighter+0.007%7-day average −0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.007%, 7d avg −0.027%
Together, before fees−0.281%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.034% dearer against Lighter than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.027%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.116% in total) that is about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL144.630.0192pay 0.0024% / 1h15m 10s$803K$2.6M20x
ShortOndo Perps SOXL-USD.P144.640.0050get 0.0006% / 1h15m 10s$238K$915K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$29.74
Price spread: +0.007% → −0.027%
$3.38
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$31.35
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 ago0.69 bp1.1 bp −$14.3 bp −$4365.5 bp −$6,548doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h144.51−0.083%$90K$303K20xas long as short
Aster SOXLUSDT0.0000%8h144.66+0.021%$214K$1.6M50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h144.65+0.014%$25.6M$184.1M20xas long as short
Gate SOXL_USDT0.0000%8h144.58−0.035%$27.4M$39.6M50xas long as short
Bitget SOXLUSDT0.0000%8h144.57−0.041%$60.2M$109.2M20xas long as short
Variational Omni SOXL0.0000%8h144.68+0.037%$2.2M$4.9Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h144.67+0.028%$71K$163K10xas long as short
SunX SOXL-USDT0.0000%8h144.62−0.007%$1K$4.7M10xas long as short
HTX SOXL-USDT0.0000%8h144.71+0.055%$186K$606K50xas long as short
Phemex SOXLUSDT0.0000%8h144.66+0.021%$2.5M$1.2M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SOXL-USDT+0.0003%8h144.68+0.035%$1.2M$489K50xas long as short
QFEX SOXL-USD+0.0021%1h144.61−0.014%$308K$257K30xas long as short
MEXC SOXL_USDT+0.0022%8h144.630.000%$14.2M$46.6M200xas long as short
Binance SOXLUSDT+0.0024%8h144.64+0.006%$172.0M$1.19B50xas long as short
Extended SOXL-USD+0.0024%1h144.61−0.015%$27K$338K10xas long as short
Lighter RH SOXL+0.0032%1h144.66+0.021%$343K$1.9M20xas long as short
Ondo Perps SOXL-USD.Pshort+0.0050%1h144.64+0.007%$238K$915K10x
KuCoin SOXLUSDTM+0.0100%8h144.67+0.028%$6.9M$10.8M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h144.58−0.035%$38K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.64+0.007%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.59−0.026%$6K10xas long as short
Bybit SOXLUSDT+0.0111%8h144.68+0.035%$51.6M$178.2M100xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h144.80+0.118%$977K$2.3M10xas long as short
tradeXYZ xyz:SOXL+0.0192%1h144.52−0.076%$26.3M$22.0M10xas long as short
Lighter SOXLlong+0.0192%1h144.63long leg$803K$2.6M20x
Deribit SOXL_USDC-PERPETUAL+0.0373%1h144.61−0.014%$118K$298K10xas long as short
Polymarket Perps SOXL-USD+0.0580%1h144.73+0.069%$5K$265K10xas long as short
edgeX SOXLUSDC+0.0954%4h144.71+0.056%$180K$324K10xas long as short