Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.011%
Price spread now: Lighter against Phemex−0.007%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$870.873% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.007%, 7d avg −0.062%
=Together, before fees+0.443%+ Points / potential airdropLighter: Season 3 · farm board+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.056% dearer against Phemex than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 145.87 | 0 | get 0.0000% / 8h | 5h 03m | $2.5M | $1.2M | 10x |
| Short | Lighter SOXL | 145.86 | 0.0032 | get 0.0004% / 1h | 3m 55s | $738K | $2.6M | 20x |
Phemex SOXLUSDT
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phemex. 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
- $6.72
- Price spread: −0.007% → −0.062%
- $5.56
- Slippage, 4 orders
- −$75.29
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$75.01
- Costs to cover
- 0.873%
- Break-even
- 85.1 days
Slippage from Phemex: live order book, 5 min ago; Lighter: live order book, 3 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 Phemex live order book, 5 min ago | 2.06 bp | 47.5 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.69 bp | 1.0 bp −$1 | 4.6 bp −$46 | 118.9 bp −$11.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 145.89 | +0.013% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.90 | +0.021% | $52.3M | $185.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.87 | 0.000% | $25.1M | $195.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.85 | −0.014% | $27.4M | $42.9M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.84 | −0.021% | $60.5M | $112.4M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.88 | +0.007% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.04 | +0.117% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 146.02 | +0.103% | $184K | $573K | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 145.87 | long leg | $2.5M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0004% | 1h | 145.96 | +0.062% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0017% | 8h | 145.98 | +0.073% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.82 | −0.035% | $88K | $304K | 20x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 145.86 | −0.007% | $738K | $2.6M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.83 | −0.027% | $280K | $1.9M | 20x | as long as short |
| BloFin SOXL-USDT | +0.0050% | 8h | 146.09 | +0.151% | $1.2M | $481K | 50x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.79 | −0.055% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.79 | −0.055% | $208K | $564K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0063% | 8h | 145.87 | 0.000% | $14.6M | $49.3M | 200x | as long as short |
| Binance SOXLUSDT | +0.0064% | 8h | 145.87 | 0.000% | $170.9M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0064% | 1h | 145.83 | −0.025% | $26K | $247K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.91 | +0.027% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.82 | −0.034% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.92 | +0.034% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.91 | +0.030% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.144% | $921K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0292% | 1h | 146.10 | +0.158% | $3K | $269K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0299% | 1h | 145.91 | +0.027% | $116K | $281K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0538% | 4h | 145.94 | +0.049% | $182K | $326K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter RH SOXL
BloFin SOXL-USDT
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
MEXC SOXL_USDT
Binance SOXLUSDT
Extended SOXL-USD
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