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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.002%
Price spread now: Lighter RH against Bybit−0.041%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$170.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 7 days+0.121%+$12 · spread now −0.041%, 7d avg −0.016%
Together, before fees+0.001%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.016%). If the spread goes back, that is −$2 on $10k: about 2.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOXLUSDT145.180get 0.0000% / 8h5h 24m$52.1M$184.8M100x
ShortLighter RH SOXL145.120.0032get 0.0004% / 1h24m 01s$316K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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: −0.041% → −0.016%
−$2.49
Slippage, 4 orders
−$6.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$13.07
Costs to cover
0.173%
Break-even
20.6 days
Slippage from Bybit: live order book, 5 min ago; Lighter RH: live order book, 4 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, 5 min ago0.34 bp6.1 bp −$69.1 bp −$9164.7 bp −$6,472doesn't fit
Sell Lighter RH live order book, 4 min ago1.72 bp2.2 bp −$26.6 bp −$66doesn't fitdoesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SOXLUSDT0.0000%8h145.11−0.047%$245K$1.5M50xas long as short
Bybit SOXLUSDTlong0.0000%8h145.18long leg$52.1M$184.8M100x
OKX SOXL-USDT-SWAP0.0000%8h145.12−0.041%$24.7M$191.6M20xas long as short
Gate SOXL_USDT0.0000%8h145.09−0.062%$27.2M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h145.11−0.048%$60.1M$111.8M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.02−0.110%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.11−0.048%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h144.91−0.186%$184K$567K50xas long as short
Phemex SOXLUSDT0.0000%8h145.11−0.048%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h144.93−0.172%$268K$271K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.09−0.061%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h145.10−0.055%$795K$2.5M20xas long as short
Lighter RH SOXLshort+0.0032%1h145.12−0.041%$316K$1.7M20x
Variational Omni SOXL+0.0042%8h145.06−0.086%$2.4M$4.8Mas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.06−0.083%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h144.93−0.172%$207K$581K10xas long as short
Binance SOXLUSDT+0.0077%8h145.13−0.038%$169.2M$1.23B50xas long as short
Extended SOXL-USD+0.0080%1h145.02−0.113%$24K$244K10xas long as short
MEXC SOXL_USDT+0.0080%8h145.13−0.034%$15.3M$49.0M200xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0095%1h145.11−0.048%$115K$280K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.11−0.048%$6.9M$10.2M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.04−0.096%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.06−0.083%$1K$5K20xas long as short
BloFin SOXL-USDT+0.0103%8h144.96−0.152%$1.2M$478K50xas long as short
Aevo SOXL-PERP+0.0104%1h145.03−0.105%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.03−0.103%$816K$2.4M10xas long as short
Polymarket Perps SOXL-USD+0.0248%1h145.13−0.034%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0922%4h145.00−0.121%$181K$324K10xas long as short