Funding arb · Price arb / RWA

SOXL

RWAAll SOXL markets →

LONGTxFlow▾TxFlow −0.0180%BingX −0.0050%Deribit −0.0044%QFEX −0.0016%BloFin −0.0010%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%AZverse +0.0008%Lighter RH +0.0032%Popdex +0.0048%tradeXYZ +0.0050%Polymarket Perps +0.0050%Ondo Perps +0.0050%ApeX Omni +0.0100%Orderly +0.0100%Aevo +0.0104%Kraken Futures +0.0137%edgeX +0.0736%

⇄⇅

SHORTLighter▾edgeX +0.0736%Kraken Futures +0.0137%Aevo +0.0104%ApeX Omni +0.0100%Orderly +0.0100%Ondo Perps +0.0050%tradeXYZ +0.0050%Polymarket Perps +0.0050%Popdex +0.0048%Lighter +0.0032%Lighter RH +0.0032%AZverse +0.0008%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%BloFin −0.0010%QFEX −0.0016%Deribit −0.0044%BingX −0.0050%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowSOXL-USDC	101.82	−0.0180	get 0.0022% / 1h	13m 17s	$19K	$485K	15x	Long TxFlow5% off
SHORT	LighterSOXL	101.92	+0.0032	get 0.0004% / 1h	13m 17s	$1.2M	$15.2M	20x	Short Lighter7d free

Price gap+0.098%

Funding gap+0.0212% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.069% above its 7d average: +$7 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.009% in total, about −0.0004%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.098%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

TxFlowLighter

SOXL on 32 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

• !
  Watch: Large against open interest7.1 / 3.3 bp

  $10k is over 10% of TxFlow’s open interest.
• i
  Note: Margin at max leverage$667 + $500

  TxFlow 15x, Lighter 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long TxFlow · 1h+$5.40

  Short Lighter · 1h+$0.96

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$6.36Long TxFlow: 24 payments, +$5.40; short Lighter: 24 payments, +$0.96.
• ✓
  OK: Entry gap works for you+0.098% vs +0.029%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$19K vs $1.2M OI

  TxFlow sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legTxFlow points · Lighter Season 3

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legTxFlow No · Lighter No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0004%/8h × 21 periods−$0.93

Price spread+0.098% → +0.029% (7d avg)+$6.90

Slippage, 4 orderslive order books−$12.65

Fee TxFlow bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$15.67

Costs to cover0.216%Break-evennever at this rate

Slippage: TxFlow: live order book, 23 min ago; Lighter: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGTxFlow1.927.1 bp−$712.3 bp−$12325.6 bp−$2,556doesn’t fit

SELL · SHORTLighter2.933.3 bp−$34.4 bp−$44111.1 bp−$11.1Kdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

SOXL news

posts that mention SOXL or Direxion Semiconductor Bull 3x, from every exchangeSearch all news →

10-27 14:15	Phemex	Other	Chips ripped +2.8%, best day since Sept. Then the bell rang and... nothing stopped. $SOXL trades 24/7 on Phemex. still riding semis 🟢 or taking profit 🔴? 👉 @Phemex_official on X ↗
10-27 14:04	Phemex	Other	Chips ripped +2.8%, best day since Sept. Then the bell rang and... nothing stopped. $SOXL trades 24/7 on Phemex. still riding semis 🟢 or taking profit 🔴? 👉 @Phemex_official on X ↗
10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-19 12:48	Polymarket Perps	Other	JUST IN: South Korean stocks rally as semiconductor names show strength, with $SOXL, $SKHYNIX, & $EWY among the top gainers on Polymarket Perps. @Poly_Perps on X ↗
10-12 17:13	Aster	Listing	new market SOXLUSD1 ($SOXL) seen by our collector
10-08 13:37	RISEx	Listing	New stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗