Funding you earn now, next payment 07:00 UTC+0.0259%/8h= +28.3% APRnext payment +$0.32 per $10,000 · paid last 24h +0.056%
Price spread now: Polymarket Perps against Lighter+0.036%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 6 days (all we have)+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.036%, 7d avg +0.046%
=Together, before fees+0.223%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.144% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 138.69 | 0.0032 | pay 0.0004% / 1h | 28m 26s | $686K | $2.4M | 20x |
| Short | Polymarket Perps SOXL-USD | 138.74 | 0.0291 | get 0.0036% / 1h | 28m 26s | $9K | $292K | 10x |
Lighter SOXL
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.35
- Price spread: +0.036% → +0.046%
- −$0.99
- Slippage, 4 orders
- −$14.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $31.35
- Costs to cover
- 0.220%
- Break-even
- 3.0 days
Slippage from Lighter: live order book, 8 min ago; Polymarket Perps: live order book, 14 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, 8 min ago | 2.54 bp | 3.6 bp −$4 | 11.3 bp −$113 | 111.2 bp −$11.1K | doesn't fit |
| Sell Polymarket Perps live order book, 14 min ago | 2.89 bp | 8.6 bp −$9 | 9.6 bp −$96 | 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 | −0.2575% | 8h | 138.76 | +0.050% | $60.2M | $139.3M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.68 | −0.010% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.67 | −0.017% | $35K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.71 | +0.014% | $163.8M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.70 | +0.007% | $45.9M | $230.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.71 | +0.014% | $26.5M | $226.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.69 | 0.000% | $28.3M | $49.6M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.68 | −0.007% | $16.7M | $55.3M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.24 | −0.324% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.32 | −0.270% | $64K | $202K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.74 | +0.036% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 138.70 | +0.007% | $108K | $364K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.64 | −0.036% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.73 | +0.029% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0004% | 8h | 138.74 | +0.036% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 138.69 | long leg | $686K | $2.4M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 138.70 | +0.007% | $269K | $1.7M | 20x | as long as short |
| edgeX SOXLUSDC | +0.0035% | 4h | 138.18 | −0.367% | $172K | $332K | 10x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.70 | +0.007% | $256K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.58 | −0.079% | $21.3M | $30.1M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.09 | −0.433% | $210K | $492K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.64 | −0.036% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.09 | −0.433% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.68 | −0.007% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.69 | +0.002% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.65 | −0.029% | $947K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0291% | 1h | 138.74 | +0.036% | $9K | $292K | 10x | |
| Kraken Futures PF_SOXLUSD | +0.0434% | 1h | 138.63 | −0.045% | $83K | $296K | 20x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
edgeX SOXLUSDC
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD