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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.011%
Price spread now: Lighter against SunX−0.015%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$710.706% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.015%, 7d avg −0.060%
Together, before fees+0.238%+ Points / potential airdropLighter: Season 3 · farm board+$24 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 0.046% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOXL-USDT137.390get 0.0000% / 8h7h 43m$1K$3.9M10x
ShortLighter SOXL137.370.0032get 0.0004% / 1h43m 08s$663K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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
$6.72
Price spread: −0.015% → −0.060%
$4.58
Slippage, 4 orders
−$62.55
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$59.26
Costs to cover
0.706%
Break-even
68.7 days
Slippage from SunX: live order book, 5 min ago; Lighter: live order book, 4 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 SunX live order book, 5 min ago28.71 bp32.7 bp −$3361.7 bp −$617doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago2.18 bp2.5 bp −$35.2 bp −$5261.4 bp −$6,143doesn't fit

SOXL on 28 venues

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−0.1652%8h137.37−0.015%$58.7M$145.1M20xas long as short
Kraken Futures PF_SOXLUSD−0.0121%1h137.44+0.033%$77K$317K20xas long as short
Aster SOXLUSDT0.0000%8h137.41+0.017%$183K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h137.49+0.073%$71K$364K10xas long as short
Binance SOXLUSDT0.0000%8h137.30−0.065%$161.6M$1.49B50xas long as short
Bybit SOXLUSDT0.0000%8h137.27−0.087%$45.6M$222.3M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h137.36−0.022%$25.3M$228.0M20xas long as short
Gate SOXL_USDT0.0000%8h137.40+0.007%$27.6M$50.4M50xas long as short
MEXC SOXL_USDT0.0000%8h137.38−0.007%$20.2M$56.4M200xas long as short
Variational Omni SOXL0.0000%8h137.39+0.002%$1.9M$5.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h137.93+0.396%$64K$196K10xas long as short
SunX SOXL-USDTlong0.0000%8h137.39long leg$1K$3.9M10x
HTX SOXL-USDT0.0000%8h137.390.000%$86K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h137.44+0.036%$2.3M$1.2M10xas long as short
QFEX SOXL-USD+0.0022%1h137.47+0.058%$254K$264K30xas long as short
BloFin SOXL-USDT+0.0026%8h137.44+0.036%$1.3M$466K50xas long as short
tradeXYZ xyz:SOXL+0.0028%1h137.19−0.146%$20.3M$29.8M10xas long as short
Lighter SOXLshort+0.0032%1h137.37−0.015%$663K$2.5M20x
Lighter RH SOXL+0.0032%1h137.34−0.036%$232K$1.7M20xas long as short
Polymarket Perps SOXL-USD+0.0050%1h137.40+0.007%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h137.37−0.015%$209K$422K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h137.45+0.044%$6.3M$10.8M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.14+0.546%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h137.55+0.116%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h137.51+0.087%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0208%1h137.68+0.211%$933K$3.1M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0333%1h137.41+0.015%$109K$387K10xas long as short
edgeX SOXLUSDC+0.0339%4h137.77+0.278%$172K$333K10xas long as short