Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter against tradeXYZ+0.107%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$250.255% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.107%, 7d avg +0.024%
=Together, before fees−0.008%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.083% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.024%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 28 days. Mind the row above: over the last 7 days funding on this pair paid +0.088%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SOXL | 140.39 | 0.0050 | pay 0.0006% / 1h | 9m 43s | $22.5M | $29.1M | 10x |
| Short | Lighter SOXL | 140.54 | 0.0040 | get 0.0005% / 1h | 9m 43s | $695K | $2.3M | 20x |
tradeXYZ xyz:SOXL
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- −$2.1
- Price spread: +0.107% → +0.024%
- $8.27
- Slippage, 4 orders
- −$7.49
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.32
- Costs to cover
- 0.255%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Lighter: live order book, 2 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 tradeXYZ live order book, 10 min ago | 0.36 bp | 9.7 bp −$10 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 2.85 bp | 3.2 bp −$3 | 8.6 bp −$86 | 101.8 bp −$10.2K | 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 | −0.2322% | 8h | 140.60 | +0.150% | $60.6M | $135.4M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0010% | 8h | 140.36 | −0.021% | $1.3M | $471K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.50 | +0.080% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.49 | +0.072% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.55 | +0.115% | $166.6M | $1.43B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.59 | +0.142% | $47.1M | $225.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.61 | +0.157% | $26.6M | $223.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.54 | +0.107% | $28.2M | $48.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.57 | +0.128% | $17.0M | $54.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | −0.099% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.19 | −0.855% | $65K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.45 | +0.043% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.64 | +0.178% | $92K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.34 | −0.036% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.51 | +0.085% | $271K | $1.7M | 20x | as long as short |
| Lighter SOXLshort | +0.0040% | 1h | 140.54 | +0.107% | $695K | $2.3M | 20x | |
| tradeXYZ xyz:SOXLlong | +0.0050% | 1h | 140.39 | long leg | $22.5M | $29.1M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.27 | −0.085% | $219K | $508K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.24 | −0.107% | $259K | $266K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.53 | +0.100% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.52 | −0.620% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.43 | +0.028% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.48 | +0.062% | $5K | — | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0106% | 1h | 140.47 | +0.057% | $109K | $339K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.43 | +0.028% | $971K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0478% | 1h | 140.42 | +0.021% | $8K | $289K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0652% | 1h | 140.23 | −0.116% | $83K | $296K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0712% | 4h | 139.62 | −0.546% | $174K | $329K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD
edgeX SOXLUSDC