Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against Lighter−0.230%52s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.208% of the position
Funding, last 4 days (all we have)−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.230%, 7d avg +0.016%
=Together, before fees+0.076%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.247% cheaper against Lighter than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.016%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 138.97 | 0.0072 | pay 0.0009% / 1h | 49m 46s | $675K | $2.4M | 20x |
| Short | QFEX SOXL-USD | 138.65 | 0.0035 | get 0.0004% / 1h | 49m 46s | $256K | $264K | 30x |
Lighter SOXL
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$7.81
- Price spread: −0.230% → +0.016%
- −$24.65
- Slippage, 4 orders
- −$10.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$53.3
- Costs to cover
- 0.208%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; QFEX: live order book, 30 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, 2 min ago | 0.72 bp | 3.5 bp −$4 | 4.5 bp −$45 | 88.7 bp −$8,874 | doesn't fit |
| Sell QFEX live order book, 30 min ago | 2.52 bp | 7.6 bp −$8 | 9.2 bp −$92 | 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 | −0.2136% | 8h | 139.09 | +0.086% | $60.6M | $141.8M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.94 | −0.025% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.99 | +0.016% | $52K | $358K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.96 | −0.007% | $163.7M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.89 | −0.058% | $46.1M | $228.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.81 | −0.115% | $26.4M | $227.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.88 | −0.065% | $28.4M | $49.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.93 | −0.029% | $15.1M | $54.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.56 | −0.296% | $1.9M | $5.5M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.90 | −0.051% | $64K | $204K | 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 | −0.166% | $2K | $4.2M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.65 | −0.230% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 138.89 | −0.058% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0015% | 8h | 138.57 | −0.288% | $1.3M | $468K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.84 | −0.094% | $262K | $1.7M | 20x | as long as short |
| QFEX SOXL-USDshort | +0.0035% | 1h | 138.65 | −0.230% | $256K | $264K | 30x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.82 | −0.108% | $21.2M | $30.3M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.60 | −0.266% | $211K | $459K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0072% | 1h | 138.76 | −0.148% | $80K | $293K | 20x | as long as short |
| Lighter SOXLlong | +0.0072% | 1h | 138.97 | long leg | $675K | $2.4M | 20x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.92 | −0.036% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.68 | −0.209% | $36K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.70 | −0.194% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.72 | −0.181% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0164% | 4h | 138.75 | −0.156% | $173K | $331K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0170% | 1h | 138.76 | −0.151% | $9K | $292K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 139.15 | +0.130% | $952K | $3.1M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0471% | 1h | 138.81 | −0.115% | $108K | $358K | 10x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Kraken Futures PF_SOXLUSD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL