Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT139.530get 0.0000% / 8h4h 49m$44.5M$234.5M100x
ShortLighter SOXL139.320.0032get 0.0004% / 1h49m 09s$665K$2.7M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.36 bp7.1 bp −$711.0 bp −$11057.8 bp −$5,782doesn't fit
Sell Lighter live order book, 6 min ago1.07 bp1.1 bp −$13.0 bp −$3058.7 bp −$5,869doesn't fit

SOXL on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD−0.2720%1h139.13−0.285%$88K$374K20xas long as short
Bitget SOXLUSDT−0.0011%8h139.50−0.022%$57.8M$166.0M20xas long as short
BloFin SOXL-USDT−0.0009%8h139.45−0.057%$1.3M$499K50xas long as short
QFEX SOXL-USD−0.0001%1h139.30−0.165%$258K$257K30xas long as short
Aster SOXLUSDT0.0000%8h139.45−0.058%$178K$1.4M50xas long as short
Extended SOXL-USD0.0000%1h139.28−0.177%$40K$440K10xas long as short
Binance SOXLUSDT0.0000%8h139.45−0.056%$160.0M$1.70B50xas long as short
Bybit SOXLUSDTlong0.0000%8h139.53long leg$44.5M$234.5M100x
OKX SOXL-USDT-SWAP0.0000%8h139.60+0.050%$24.7M$263.8M20xas long as short
Gate SOXL_USDT0.0000%8h139.48−0.036%$27.5M$60.8M50xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SOXL_USDT0.0000%8h139.39−0.100%$20.2M$62.5M200xas long as short
Variational Omni SOXL0.0000%8h140.16+0.450%$1.9M$5.6Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h140.21+0.486%$65K$198K10xas long as short
SunX SOXL-USDT0.0000%8h139.36−0.122%$1K$3.6M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h139.27−0.186%$136K$404K10xas long as short
HTX SOXL-USDT0.0000%8h139.34−0.136%$86K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h139.40−0.093%$2.3M$1.2M10xas long as short
Lighter SOXLshort+0.0032%1h139.32−0.151%$665K$2.7M20x
Lighter RH SOXL+0.0032%1h139.30−0.165%$241K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h139.45−0.057%$22.1M$33.6M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h139.45−0.057%$9K$303K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.11+0.416%$200K$395K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.38−0.108%$6.2M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.22+0.495%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.42−0.079%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.41−0.085%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0144%1h139.13−0.287%$775K$3.5M10xas long as short
edgeX SOXLUSDC+0.0939%4h140.20+0.479%$174K$335K10xas long as short