Funding arb · Price arb /

SOXS

RWAall SOXS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h —

Price spread now: Binance against Lighter+0.177%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.177% dearer against Lighter than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXS	35.130	0.0032	pay 0.0004% / 1h	25m 05s	—	—	10x
Short	Binance SOXSUSDT	35.192	0.0134	get 0.0134% / 8h	3h 25m	$15.0M	$179.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee BinancebpOrdersPrice spread, now +0.177%Rate

Funding earned: $21.49
Price spread: +0.177% → 0.000%: $17.66
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $29.15
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.

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 Lighter no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	1.43 bp	7.5 bp −$8	11.2 bp −$112	65.1 bp −$6,514	doesn't fit

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOXS on 15 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
edgeX SOXSUSDC	−0.0635%	4h	34.995	−0.383%	$38K	$177K	10x	as long as short
Gate SOXS_USDT	0.0000%	8h	35.160	+0.085%	$2.2M	$11.0M	25x	as long as short
SunX SOXS-USDT	0.0000%	8h	35.130	0.000%	—	$4.3M	10x	as long as short
HTX SOXS-USDT	0.0000%	8h	35.010	−0.342%	$11K	$24K	10x	as long as short
Phemex SOXSUSDT	0.0000%	8h	35.150	+0.057%	$1.2M	$1.9M	20x	as long as short
Lighter SOXSlong	+0.0032%	1h	35.130	long leg	—	—	10x
Bybit SOXSUSDT	+0.0109%	8h	35.200	+0.199%	$4.3M	$10.7M	50x	as long as short
Variational Omni SOXS	+0.0113%	8h	35.138	+0.024%	$439K	$616K	—	as long as short
MEXC SOXS_USDT	+0.0127%	8h	35.140	+0.028%	$10.8M	$12.9M	50x	as long as short
Binance SOXSUSDTshort	+0.0134%	8h	35.192	+0.177%	$15.0M	$179.2M	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SOXS-USDT	+0.0145%	8h	35.180	+0.142%	$198K	$57K	25x	as long as short
KuCoin SOXSUSDTM	+0.0308%	8h	35.090	−0.114%	$674K	$2.6M	10x	as long as short
OKX SOXS-USDT-SWAP	+0.0331%	8h	35.220	+0.256%	$3.2M	$18.6M	25x	as long as short
Bitget SOXSUSDT	+0.0345%	8h	35.172	+0.120%	$6.1M	$16.7M	20x	as long as short
Kraken Futures PF_SOXSUSD	+0.0707%	1h	35.164	+0.098%	$8K	$32K	20x	as long as short