Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Phemex−0.051%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.051%, 7d avg −0.025%
=Together, before fees+0.231%+ Points / potential airdropLighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.026% cheaper against Phemex than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.025%). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.142% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 138.50 | 0 | get 0.0000% / 8h | 1h 52m | $2.3M | $1.2M | 10x |
| Short | Lighter RH SOXL | 138.43 | 0.0032 | get 0.0004% / 1h | 52m 48s | $268K | $1.7M | 20x |
Phemex SOXLUSDT
Lighter RH SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.051% → −0.025%
- −$2.6
- Slippage, 4 orders
- −$83.62
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$91.49
- Costs to cover
- 0.956%
- Break-even
- 102.3 days
Slippage from Phemex: live order book, 6 min ago; Lighter RH: live order book, 5 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, 6 min ago | 5.02 bp | 44.9 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.80 bp | 3.7 bp −$4 | 12.4 bp −$124 | 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 | −0.2226% | 8h | 138.60 | +0.072% | $59.9M | $138.2M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.52 | +0.012% | $197K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.51 | +0.009% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 138.56 | +0.043% | $163.4M | $1.45B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 138.53 | +0.022% | $46.3M | $228.5M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 138.47 | −0.022% | $26.3M | $224.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.53 | +0.022% | $28.0M | $49.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.57 | +0.051% | $17.1M | $54.9M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.92 | +0.304% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.55 | +0.035% | $64K | $203K | 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 | 138.54 | +0.029% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 138.59 | +0.065% | $92K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 138.50 | long leg | $2.3M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0002% | 8h | 138.56 | +0.043% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 138.48 | −0.014% | $684K | $2.3M | 20x | as long as short |
| Lighter RH SOXLshort | +0.0032% | 1h | 138.43 | −0.051% | $268K | $1.7M | 20x | |
| QFEX SOXL-USD | +0.0046% | 1h | 138.38 | −0.087% | $256K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.39 | −0.079% | $21.4M | $29.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.22 | +0.520% | $211K | $510K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.55 | +0.036% | $6.6M | $10.9M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.02 | +0.375% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.44 | −0.043% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.45 | −0.039% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0166% | 4h | 138.68 | +0.127% | $173K | $330K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0194% | 1h | 138.55 | +0.036% | $8K | $291K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.59 | +0.065% | $945K | $3.2M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0328% | 1h | 138.51 | +0.007% | $118K | $352K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0434% | 1h | 138.53 | +0.020% | $83K | $297K | 20x | as long as short |
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
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
edgeX SOXLUSDC
Polymarket Perps SOXL-USD
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Kraken Futures PF_SOXLUSD