Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 101.48 | +0.0144 | pay 0.0018% / 1h | 17m 35s | $1.0M | $19.1M | 20x | Long Lighter7d free | |
| SHORT | 101.53 | 0 | 0.0000% / 1h | 17m 35s | $135K | $117K | 10x | Short RISExInvite |
Price gap+0.049%
Funding gap−0.0144% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.043% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0144% /8h now · paid −0.039% over the last 7D
Price−$4spread +0.049% now, avg +0.092% → −0.043% if it goes back
Costs−$130.127% of $10k · taker + slippage, in and out
Result−$21−0.21%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.049%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSOXL on 32 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books1.9 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000Lighter 20x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.32Long Lighter: 24 payments, −$4.32; short RISEx: 24 payments, $0.00.
- Watch: Gap narrower than usual+0.049% vs +0.092%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$135K vs $1.0M OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0018%/8h × 21 periods−$3.88
Price spread+0.049% → +0.092% (7d avg)−$4.26
Slippage, 4 orderslive order books−$6.67
Fee Lighter bp × 2 orders$0.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$20.81
Costs to cover0.127%Break-evennever at this rate
Slippage: Lighter: live order book, 5 min ago; RISEx: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.481.9 bp−$22.9 bp−$2997.0 bp−$9,698doesn’t fit
SELL · SHORTRISEx1.484.5 bp−$411.5 bp−$115doesn’t fitdoesn’t fit
Closing costs about the same again.
SOXL news
posts that mention SOXL or Direxion Semiconductor Bull 3x, from every exchangeSearch all news →| 10-27 14:15 | Phemex | Other | Chips ripped +2.8%, best day since Sept. Then the bell rang and... nothing stopped. $SOXL trades 24/7 on Phemex. still riding semis 🟢 or taking profit 🔴? 👉 @Phemex_official on X ↗ |
| 10-27 14:04 | Phemex | Other | Chips ripped +2.8%, best day since Sept. Then the bell rang and... nothing stopped. $SOXL trades 24/7 on Phemex. still riding semis 🟢 or taking profit 🔴? 👉 @Phemex_official on X ↗ |
| 10-27 13:21 | Ondo Perps | Other | Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗ |
| 10-19 12:48 | Polymarket Perps | Other | JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗ |
| 10-12 17:13 | Aster | Listing | new market SOXLUSD1 ($SOXL) seen by our collector |
| 10-08 13:37 | RISEx | Listing | New stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗ |


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