Funding you earn now, next payment 06:00 UTC−0.0656%/8h= −71.8% APRpaid last 24h −0.157%
Price spread now: Lighter against edgeX+0.463%49s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.551% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 4 days (all we have)−0.574%−$57 · spread now +0.463%, 7d avg −0.032%
=Together, before fees−0.894%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$89 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.495% dearer against edgeX than usual: you sell high and buy low (spread +0.463% now, against its 7-day average of −0.032%): +$49 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.320% in total) that is about 11 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.320% in total (about -16.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOXLUSDC | 139.62 | 0.0712 | pay 0.0356% / 4h | 2h 10m | $174K | $329K | 10x |
| Short | Lighter SOXL | 140.27 | 0.0056 | get 0.0007% / 1h | 10m 32s | $694K | $2.3M | 20x |
edgeX SOXLUSDC
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$137.69
- Price spread: +0.463% → −0.032%
- $49.46
- Slippage, 4 orders
- −$46.12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$143.36
- Costs to cover
- 0.551%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 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 edgeX live order book, 38 min ago | 20.60 bp | 25.7 bp −$26 | 30.2 bp −$302 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.80 bp | 2.0 bp −$2 | 7.2 bp −$72 | 80.4 bp −$8,041 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.2322% | 8h | 140.31 | +0.492% | $60.4M | $135.3M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0010% | 8h | 140.36 | +0.527% | $1.3M | $471K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 140.27 | +0.461% | $200K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 140.23 | +0.436% | $33K | $311K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 140.32 | +0.502% | $166.3M | $1.42B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 140.34 | +0.513% | $47.2M | $224.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 140.31 | +0.492% | $26.6M | $221.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 140.27 | +0.463% | $28.1M | $48.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 140.22 | +0.427% | $17.2M | $54.5M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 140.25 | +0.449% | $1.9M | $5.4M | — | as long as short |
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 139.19 | −0.311% | $65K | $202K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 140.32 | +0.499% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 140.00 | +0.270% | $91K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 140.29 | +0.477% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 140.25 | +0.449% | $271K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0035% | 1h | 140.33 | +0.506% | $109K | $339K | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 140.18 | +0.398% | $22.5M | $29.1M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 140.27 | +0.463% | $219K | $508K | 10x | as long as short |
| QFEX SOXL-USD | +0.0053% | 1h | 140.24 | +0.441% | $259K | $266K | 30x | as long as short |
| Lighter SOXLshort | +0.0056% | 1h | 140.27 | +0.463% | $694K | $2.3M | 20x | |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 140.24 | +0.441% | $6.7M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 139.52 | −0.074% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 140.30 | +0.484% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 140.26 | +0.454% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0184% | 1h | 140.43 | +0.578% | $971K | $3.2M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0482% | 1h | 140.43 | +0.578% | $8K | $289K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0652% | 1h | 140.20 | +0.412% | $83K | $296K | 20x | as long as short |
| edgeX SOXLUSDClong | +0.0712% | 4h | 139.62 | long leg | $174K | $329K | 10x |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Deribit SOXL_USDC-PERPETUAL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
Kraken Futures PF_SOXLUSD