Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.024%
Price spread now: Lighter against Coinbase International+0.228%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs+$12as in the Price arb table
costs, in and out, $10k−$150.146% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.228%, 7d avg −0.036%
=Together, before fees−0.282%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.263% dearer against Coinbase International than usual: you sell high and buy low (spread +0.228% now, against its 7-day average of −0.036%): +$26 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 144.92 | 0.0152 | pay 0.0019% / 1h | 10m 06s | $901K | $2.6M | 10x |
| Short | Lighter SOXL | 145.25 | 0.0032 | get 0.0004% / 1h | 10m 06s | $729K | $2.5M | 20x |
Coinbase International SOXL-PERP-INTX
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$25.2
- Price spread: +0.228% → −0.036%
- $26.32
- Slippage, 4 orders
- −$4.61
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.49
- Costs to cover
- 0.146%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 4 min ago; Lighter: live order book, 2 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 Coinbase International live order book, 4 min ago | 0.34 bp | 6.9 bp −$7 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.03 bp | 1.0 bp −$1 | 3.6 bp −$36 | 64.5 bp −$6,454 | doesn't fit |
SOXL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | −0.0116% | 1h | 145.34 | +0.287% | $88K | $304K | 20x | as long as short |
| BloFin SOXL-USDT | −0.0011% | 8h | 145.26 | +0.235% | $1.2M | $476K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.27 | +0.242% | $233K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 145.23 | +0.212% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 145.25 | +0.226% | $169.5M | $1.25B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.26 | +0.235% | $50.8M | $189.0M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.25 | +0.228% | $24.5M | $197.3M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.23 | +0.214% | $27.2M | $43.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 145.23 | +0.214% | $15.1M | $49.7M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.23 | +0.214% | $60.1M | $113.1M | 20x | as long as short |
Kraken Futures PF_SOXLUSD
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 145.08 | +0.109% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 144.97 | +0.035% | $71K | $177K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.31 | +0.269% | $1K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.25 | +0.228% | $114K | $290K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.28 | +0.248% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.26 | +0.235% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.19 | +0.186% | $268K | $266K | 30x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 145.25 | +0.228% | $729K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.18 | +0.179% | $276K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.19 | +0.186% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.82 | −0.069% | $207K | $488K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.25 | +0.228% | $6.9M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 144.99 | +0.048% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.25 | +0.228% | $1K | $5K | 20x | as long as short |
| edgeX SOXLUSDC | +0.0101% | 4h | 144.95 | +0.019% | $181K | $329K | 10x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.23 | +0.217% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0152% | 1h | 144.92 | long leg | $901K | $2.6M | 10x | |
| Polymarket Perps SOXL-USD | +0.0160% | 1h | 145.35 | +0.297% | $3K | $268K | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
edgeX SOXLUSDC
Aevo SOXL-PERP
Polymarket Perps SOXL-USD