SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0499%/8h= +54.7% APRnext payment +$0.62 per $10,000 · paid last 24h +0.051%

Price spread now: Polymarket Perps against Lighter RH+0.055%7-day average 0.000% · 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−$17as in the Price arb table

costs, in and out, $10k−$220.222% of the position

Long on Lighter RH Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.194%+$19 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.055%, 7d avg 0.000%

Together, before fees+0.258%+ Points / potential airdropLighter RH: Points live · farm board+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Polymarket Perps is 0.055% dearer against Lighter RH than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of 0.000%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.194% in total (about 13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.62 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	144.44	0.0032	pay 0.0004% / 1h	41m 01s	$343K	$1.9M	20x
Short	Polymarket Perps SOXL-USD	144.52	0.0531	get 0.0066% / 1h	41m 01s	$5K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee Polymarket PerpsbpOrdersPrice spread, now +0.055%Rate

Funding earned: $104.87
Price spread: +0.055% → 0.000%: $5.54
Slippage, 4 orders: −$14.15
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $88.26
Costs to cover: 0.222%
Break-even: 1.1 days

Slippage from Lighter RH: live order book, 2 min ago; Polymarket Perps: live order book, 36 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, 2 min ago	1.38 bp	3.4 bp −$3	11.7 bp −$117	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 36 min ago	2.79 bp	8.8 bp −$9	10.1 bp −$101	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
Kraken Futures PF_SOXLUSD	−0.0024%	1h	144.26	−0.127%	$89K	$304K	20x	as long as short
BloFin SOXL-USDT	−0.0010%	8h	144.46	+0.014%	$1.2M	$490K	50x	as long as short
Aster SOXLUSDT	0.0000%	8h	144.39	−0.033%	$215K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	144.37	−0.049%	$27K	$338K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	144.42	−0.014%	$170.6M	$1.19B	50x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	144.49	+0.035%	$25.4M	$184.0M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	144.37	−0.048%	$27.0M	$38.8M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	144.44	0.000%	$14.6M	$46.4M	200x	as long as short
Bitget SOXLUSDT	0.0000%	8h	144.42	−0.014%	$60.1M	$109.0M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	144.44	−0.002%	$2.2M	$4.9M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	144.49	+0.037%	$71K	$169K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	144.48	+0.028%	$2K	$4.7M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	144.51	+0.048%	$200K	$546K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	144.42	−0.014%	$2.5M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	144.34	−0.069%	$307K	$258K	30x	as long as short
Lighter RH SOXLlong	+0.0032%	1h	144.44	long leg	$343K	$1.9M	20x
Ondo Perps SOXL-USD.P	+0.0050%	1h	144.30	−0.097%	$238K	$913K	10x	as long as short
Bybit SOXLUSDT	+0.0053%	8h	144.46	+0.014%	$51.4M	$178.2M	100x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	144.33	−0.076%	$6.9M	$11.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	144.23	−0.145%	$38K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	144.40	−0.028%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	144.33	−0.073%	$6K	—	10x	as long as short
Lighter SOXL	+0.0128%	1h	144.40	−0.028%	$801K	$2.6M	20x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0144%	1h	144.28	−0.111%	$962K	$2.3M	10x	as long as short
tradeXYZ xyz:SOXL	+0.0193%	1h	144.35	−0.062%	$26.1M	$22.6M	10x	as long as short
Polymarket Perps SOXL-USDshort	+0.0531%	1h	144.52	+0.055%	$5K	$265K	10x
edgeX SOXLUSDC	+0.0661%	4h	144.42	−0.016%	$180K	$323K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0859%	1h	144.46	+0.014%	$117K	$315K	10x	as long as short