Funding you earn now, next payment 02:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.029%
Price spread now: Lighter RH against Coinbase International−0.034%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.034%, 7d avg +0.001%
=Together, before fees−0.102%+ Points / potential airdropLighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter RH is 0.036% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SOXL-PERP-INTX | 145.03 | 0.0160 | pay 0.0020% / 1h | 24m 19s | $816K | $2.4M | 10x |
| Short | Lighter RH SOXL | 144.98 | 0.0032 | get 0.0004% / 1h | 24m 19s | $328K | $1.7M | 20x |
Coinbase International SOXL-PERP-INTX
Lighter RH SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$26.88
- Price spread: −0.034% → +0.001%
- −$3.57
- Slippage, 4 orders
- −$11.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$51.82
- Costs to cover
- 0.214%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Lighter RH: live order book, 3 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, 5 min ago | 3.10 bp | 8.1 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.72 bp | 2.2 bp −$2 | 6.6 bp −$66 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 144.99 | −0.027% | $244K | $1.5M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.13 | +0.069% | $52.0M | $184.8M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.09 | +0.041% | $24.7M | $191.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.06 | +0.021% | $27.2M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.06 | +0.021% | $60.1M | $111.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.02 | −0.007% | $70K | $175K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 144.96 | −0.048% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 144.91 | −0.083% | $184K | $567K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 144.87 | −0.110% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 144.93 | −0.069% | $268K | $271K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 144.89 | −0.097% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 144.95 | −0.055% | $798K | $2.4M | 20x | as long as short |
| Lighter RH SOXLshort | +0.0032% | 1h | 144.98 | −0.034% | $328K | $1.7M | 20x | |
| Variational Omni SOXL | +0.0042% | 8h | 145.06 | +0.017% | $2.4M | $4.8M | — | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.03 | 0.000% | $25.4M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.93 | −0.069% | $207K | $581K | 10x | as long as short |
| Binance SOXLUSDT | +0.0077% | 8h | 145.06 | +0.018% | $169.1M | $1.23B | 50x | as long as short |
| Extended SOXL-USD | +0.0080% | 1h | 144.92 | −0.079% | $24K | $244K | 10x | as long as short |
| MEXC SOXL_USDT | +0.0080% | 8h | 145.07 | +0.028% | $15.3M | $49.0M | 200x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.05 | +0.014% | $6.9M | $10.2M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.04 | +0.007% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.06 | +0.021% | $1K | $5K | 20x | as long as short |
| BloFin SOXL-USDT | +0.0103% | 8h | 144.96 | −0.048% | $1.2M | $478K | 50x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.03 | −0.001% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXlong | +0.0160% | 1h | 145.03 | long leg | $816K | $2.4M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0164% | 1h | 144.93 | −0.069% | $115K | $279K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0248% | 1h | 145.13 | +0.069% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0922% | 4h | 145.00 | −0.017% | $181K | $324K | 10x | as long as short |
Kraken Futures PF_SOXLUSD
Lighter SOXL
Variational Omni SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
Binance SOXLUSDT
Extended SOXL-USD
MEXC SOXL_USDT
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
BloFin SOXL-USDT
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC