Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit−0.151%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$180.179% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days+0.214%+$21 · spread now −0.151%, 7d avg −0.049%
=Together, before fees+0.232%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.102% cheaper against Bybit than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.049%). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.018% in total) that is about 40 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 139.53 | 0 | get 0.0000% / 8h | 4h 49m | $44.5M | $234.5M | 100x |
| Short | Lighter SOXL | 139.32 | 0.0032 | get 0.0004% / 1h | 49m 09s | $665K | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $6.72
- Price spread: −0.151% → −0.049%
- −$10.16
- Slippage, 4 orders
- −$6.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$21.39
- Costs to cover
- 0.179%
- Break-even
- 29.3 days
Slippage from Bybit: live order book, 3 min ago; Lighter: live order book, 6 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 Bybit live order book, 3 min ago | 0.36 bp | 7.1 bp −$7 | 11.0 bp −$110 | 57.8 bp −$5,782 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.07 bp | 1.1 bp −$1 | 3.0 bp −$30 | 58.7 bp −$5,869 | doesn't fit |
SOXL on 28 exchanges
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 | −0.2720% | 1h | 139.13 | −0.285% | $88K | $374K | 20x | as long as short |
| Bitget SOXLUSDT | −0.0011% | 8h | 139.50 | −0.022% | $57.8M | $166.0M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0009% | 8h | 139.45 | −0.057% | $1.3M | $499K | 50x | as long as short |
| QFEX SOXL-USD | −0.0001% | 1h | 139.30 | −0.165% | $258K | $257K | 30x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.45 | −0.058% | $178K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.28 | −0.177% | $40K | $440K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.45 | −0.056% | $160.0M | $1.70B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 139.53 | long leg | $44.5M | $234.5M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.60 | +0.050% | $24.7M | $263.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.48 | −0.036% | $27.5M | $60.8M | 50x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SOXL_USDT | 0.0000% | 8h | 139.39 | −0.100% | $20.2M | $62.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.16 | +0.450% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 140.21 | +0.486% | $65K | $198K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.36 | −0.122% | $1K | $3.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 139.27 | −0.186% | $136K | $404K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.34 | −0.136% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.40 | −0.093% | $2.3M | $1.2M | 10x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 139.32 | −0.151% | $665K | $2.7M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 139.30 | −0.165% | $241K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 139.45 | −0.057% | $22.1M | $33.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.45 | −0.057% | $9K | $303K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.11 | +0.416% | $200K | $395K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.38 | −0.108% | $6.2M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.22 | +0.495% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.42 | −0.079% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.41 | −0.085% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0144% | 1h | 139.13 | −0.287% | $775K | $3.5M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0939% | 4h | 140.20 | +0.479% | $174K | $335K | 10x | as long as short |
Bybit SOXLUSDT
Lighter SOXL
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC