Funding you earn now, next payment 07:00 UTC+0.0405%/8h= +44.3% APRnext payment +$0.51 per $10,000 · paid last 24h +0.053%
Price spread now: Kraken Futures against Lighter RH−0.047%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$710.715% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.047%, 7d avg −0.074%
=Together, before fees−0.236%+ Points / potential airdropLighter RH: Points live · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.027% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −0.223%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 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 RH SOXL | 137.79 | 0.0032 | pay 0.0004% / 1h | 38m 33s | $267K | $1.7M | 20x |
| Short | Kraken Futures PF_SOXLUSD | 137.72 | 0.0437 | get 0.0055% / 1h | 38m 33s | $83K | $296K | 20x |
Lighter RH SOXL
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter RH. 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
- $84.95
- Price spread: −0.047% → −0.074%
- $2.7
- Slippage, 4 orders
- −$61.46
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $16.18
- Costs to cover
- 0.715%
- Break-even
- 5.7 days
Slippage from Lighter RH: live order book, 4 min ago; Kraken Futures: live order book, 4 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 RH live order book, 4 min ago | 1.81 bp | 2.7 bp −$3 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 5.43 bp | 30.4 bp −$30 | doesn't fit | 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 | −0.2486% | 8h | 138.01 | +0.160% | $59.7M | $138.6M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0003% | 8h | 137.87 | +0.058% | $1.3M | $463K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.86 | +0.052% | $203K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.81 | +0.012% | $35K | $316K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.83 | +0.029% | $163.5M | $1.46B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 137.86 | +0.051% | $45.9M | $229.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.85 | +0.044% | $26.3M | $224.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.86 | +0.051% | $28.0M | $49.4M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.85 | +0.044% | $17.0M | $55.1M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.16 | +0.269% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.16 | +0.267% | $63K | $204K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.83 | +0.029% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.17 | +0.276% | $86K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.98 | +0.138% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 137.82 | +0.022% | $687K | $2.3M | 20x | as long as short |
| Lighter RH SOXLlong | +0.0032% | 1h | 137.79 | long leg | $267K | $1.7M | 20x | |
| QFEX SOXL-USD | +0.0046% | 1h | 137.84 | +0.036% | $254K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.83 | +0.029% | $21.2M | $29.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.05 | +0.189% | $210K | $492K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.95 | +0.116% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.06 | +0.196% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.86 | +0.051% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.84 | +0.037% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.34 | +0.399% | $943K | $3.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0285% | 1h | 137.93 | +0.102% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDshort | +0.0437% | 1h | 137.72 | −0.047% | $83K | $296K | 20x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0548% | 1h | 137.93 | +0.102% | $117K | $353K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0588% | 4h | 138.14 | +0.257% | $172K | $330K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter SOXL
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
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC