Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter RH against QFEX−0.127%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.127%, 7d avg +0.014%
Together, before fees+0.354%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.141% cheaper against QFEX than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of +0.014%). If the spread goes back, that is −$14 on $10k: about 48 days of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.067% in total) that is about 8.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD141.680.0022pay 0.0003% / 1h45m 57s$262K$257K30x
ShortLighter RH SOXL141.500.0032get 0.0004% / 1h45m 57s$262K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against QFEX. 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

Funding earned
$2.05
Price spread: −0.127% → +0.014%
−$14.06
Slippage, 4 orders
−$8.59
Fee QFEX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$30.6
Costs to cover
0.186%
Break-even
111.5 days
Slippage from QFEX: live order book, 60 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 60 min ago1.80 bp6.8 bp −$78.5 bp −$85doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.05 bp2.9 bp −$310.0 bp −$100doesn't fitdoesn't fit

SOXL on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXLUSDT−0.0426%8h141.37−0.219%$59.5M$162.9M20xas long as short
Deribit SOXL_USDC-PERPETUAL−0.0174%1h141.59−0.064%$115K$381K10xas long as short
Aster SOXLUSDT0.0000%8h141.49−0.132%$181K$1.4M50xas long as short
Extended SOXL-USD0.0000%1h141.38−0.211%$41K$445K10xas long as short
Binance SOXLUSDT0.0000%8h141.46−0.157%$162.7M$1.65B50xas long as short
Bybit SOXLUSDT0.0000%8h141.35−0.233%$45.4M$231.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h141.31−0.261%$25.3M$261.0M20xas long as short
Gate SOXL_USDT0.0000%8h141.58−0.071%$28.3M$59.8M50xas long as short
MEXC SOXL_USDT0.0000%8h141.32−0.254%$19.2M$60.6M200xas long as short
Variational Omni SOXL0.0000%8h142.12+0.310%$1.9M$5.6Mas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h142.36+0.482%$67K$196K10xas long as short
SunX SOXL-USDT0.0000%8h141.66−0.014%$1K$3.7M10xas long as short
HTX SOXL-USDT0.0000%8h141.82+0.099%$89K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h141.56−0.085%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0014%8h141.94+0.184%$1.3M$508K50xas long as short
QFEX SOXL-USDlong+0.0022%1h141.68long leg$262K$257K30x
Lighter SOXL+0.0032%1h141.55−0.092%$680K$2.7M20xas long as short
Lighter RH SOXLshort+0.0032%1h141.50−0.127%$262K$1.8M20x
tradeXYZ xyz:SOXL+0.0050%1h141.37−0.219%$22.0M$33.2M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h141.67−0.007%$12K$292K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h141.85+0.120%$206K$399K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h141.40−0.198%$6.4M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h142.05+0.261%$37K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.66−0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h141.66−0.017%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h142.21+0.374%$827K$3.4M10xas long as short
Kraken Futures PF_SOXLUSD+0.0512%1h141.31−0.263%$88K$380K20xas long as short
edgeX SOXLUSDC+0.0839%4h142.03+0.245%$177K$334K10xas long as short