Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 54.992 | +0.0137 | pay 0.0137% / 8h | 7m 39s | $3.2M | $13.6M | 20x | Long Variational Omni+15% pts | |
| SHORT | 55.095 | +0.0032 | get 0.0004% / 1h | 7m 39s | $3.0M | $14.8M | 20x | Short Lighter7d free |
Price gap+0.187%
Funding gap−0.0105% /8h
The gap pays +$19 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 6.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$31−0.0105% /8h now · paid +0.315% over the last 7D
Price+$19spread +0.187% now, avg −0.005% → +0.193% if it goes back
Costs−$180.182% of $10k · taker + slippage, in and out
Result+$33+0.33%+ Points / potential airdropVariational Omni: points · Lighter: Season 3 · farm board
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.187%
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
/8hSOXL on 32 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books4.2 / 2.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, Lighter 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.14Long Variational Omni: 3 payments, −$4.10; short Lighter: 24 payments, +$0.96.
- OK: Entry gap works for you+0.187% vs −0.005%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$3.0M vs $3.2M OIBoth legs are deep; Lighter is the smaller one.
- OK: Points on a legVariational Omni points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0150%/8h × 21 periods+$31.46
Price spread+0.187% → −0.005% (7d avg)+$19.27
Slippage, 4 orderslive order books−$18.20
Fee Variational Omni bp × 2 orders$0.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$32.52
Costs to cover0.182%Break-evenfrom the start
Slippage: Variational Omni: RFQ quote, 2 min ago; Lighter: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.284.2 bp−$45.2 bp−$5212.1 bp−$1,207doesn’t fit
SELL · SHORTLighter2.782.8 bp−$315.0 bp−$15034.6 bp−$3,459doesn’t fit
Closing costs about the same again.
SOXL news
posts that mention SOXL or Direxion Semiconductor Bull 3x, from every exchange| 11-06 04:20 | RISEx | Listing | October vs September, it is up across all metrics: • Total volume: $14.63B (+33%) • Peak 24h volume: $258M (+68%) • RWA volume: $3.65B (+45%) • Peak open interest: $87.4M (+22%) • Active accounts: 13,126 (+12%) • Peak daily active users: 3,902 (+22%) • Fees: $3.57M (+23%) • Average trader size: $970 13 new listings: 6 RWA and 7 crypto RWA: $GOOGL $META $SOXL $LLY $CRWV $EWZ Crypto: $XMR $ENA $ZRO $WLD $MON $STRK $CHIP Together, they have done $164M in volume since listing. Also in October: • TWAP and Scale orders shipped • $MU dividend paid out to holders • Impact Pool: 5 rounds with $900M+ in crossing volume and 440+ big traders rewarded • Kingmaker Cup: Groups B and C kicked off • Community meetups and Trader private dinners at KBW and TOKEN2049 Thank you everyone To higher highs next month! @risextrade on X ↗ |
| 11-06 00:43 | Polymarket Perps | Other | Go long or short SOXL on Polymarket Perps👇 @Poly_Perps on X ↗ |
| 11-06 00:42 | Polymarket Perps | Other | BREAKING: 3x leveraged semiconductor ETF SOXL plunges nearly 40% in a day amid massive selloff in AI & chip stocks. @Poly_Perps on X ↗ |
| 11-04 19:06 | 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 ↗ |
| 10-27 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 ↗ |


RISEx
Polymarket Perps
Phemex