Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter RH against tradeXYZ−0.007%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.007%, 7d avg +0.056%
=Together, before fees+0.075%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.063% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SOXL | 145.69 | 0.0050 | pay 0.0006% / 1h | 33m 44s | $25.6M | $22.9M | 10x |
| Short | Lighter RH SOXL | 145.68 | 0.0032 | get 0.0004% / 1h | 33m 44s | $277K | $1.9M | 20x |
tradeXYZ xyz:SOXL
Lighter RH SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$3.78
- Price spread: −0.007% → +0.056%
- −$6.29
- Slippage, 4 orders
- −$8.04
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$36.1
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Lighter RH: live order book, 4 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, 5 min ago | 1.03 bp | 10.5 bp −$11 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.03 bp | 1.8 bp −$2 | 7.0 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0116% | 1h | 145.64 | −0.037% | $88K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.74 | +0.032% | $233K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.75 | +0.041% | $52.2M | $186.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.73 | +0.027% | $24.7M | $197.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.74 | +0.034% | $27.4M | $43.0M | 50x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.73 | +0.027% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.74 | +0.034% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.73 | +0.027% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.71 | +0.014% | $115K | $286K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.76 | +0.048% | $184K | $569K | 50x | as long as short |
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXLUSDT | 0.0000% | 8h | 145.71 | +0.014% | $2.5M | $1.2M | 10x | as long as short |
| Bitget SOXLUSDT | +0.0001% | 8h | 145.71 | +0.014% | $60.4M | $112.9M | 20x | as long as short |
| Binance SOXLUSDT | +0.0008% | 8h | 145.73 | +0.031% | $170.8M | $1.24B | 50x | as long as short |
| Extended SOXL-USD | +0.0008% | 1h | 145.71 | +0.016% | $24K | $239K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0010% | 8h | 145.74 | +0.034% | $1.2M | $479K | 50x | as long as short |
| MEXC SOXL_USDT | +0.0011% | 8h | 145.73 | +0.027% | $15.9M | $49.1M | 200x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.66 | −0.021% | $269K | $266K | 30x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.72 | +0.021% | $730K | $2.5M | 20x | as long as short |
| Lighter RH SOXLshort | +0.0032% | 1h | 145.68 | −0.007% | $277K | $1.9M | 20x | |
| tradeXYZ xyz:SOXLlong | +0.0050% | 1h | 145.69 | long leg | $25.6M | $22.9M | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.57 | −0.082% | $208K | $490K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.75 | +0.041% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.76 | +0.048% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.72 | +0.021% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.69 | −0.001% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.68 | −0.007% | $907K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0160% | 1h | 145.81 | +0.082% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0625% | 4h | 145.71 | +0.015% | $182K | $327K | 10x | as long as short |
Phemex SOXLUSDT
Bitget SOXLUSDT
Binance SOXLUSDT
Extended SOXL-USD
BloFin SOXL-USDT
MEXC SOXL_USDT
QFEX SOXL-USD
Lighter SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC