Funding you earn now, next payment 07:00 UTC−0.0401%/8h= −43.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.052%
Price spread now: Lighter against Kraken Futures+0.143%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.143%, 7d avg +0.040%
=Together, before fees+0.249%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.103% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.040%): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SOXLUSD | 138.82 | 0.0433 | pay 0.0054% / 1h | 24m 13s | $81K | $299K | 20x |
| Short | Lighter SOXL | 139.02 | 0.0032 | get 0.0004% / 1h | 24m 13s | $688K | $2.4M | 20x |
Kraken Futures PF_SOXLUSD
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$84.22
- Price spread: +0.143% → +0.040%
- $10.28
- Slippage, 4 orders
- −$66.71
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$150.65
- Costs to cover
- 0.767%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 18 min ago; Lighter: 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 Kraken Futures live order book, 18 min ago | 5.43 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 2.52 bp | 5.5 bp −$6 | 10.7 bp −$107 | 112.5 bp −$11.2K | 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 | −0.2526% | 8h | 139.05 | +0.164% | $60.3M | $139.6M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 138.82 | −0.003% | $204K | $1.7M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 138.94 | +0.086% | $35K | $314K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.00 | +0.131% | $163.9M | $1.47B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 139.01 | +0.135% | $46.1M | $230.4M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.06 | +0.171% | $26.4M | $226.6M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 138.91 | +0.063% | $28.3M | $49.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 138.94 | +0.085% | $16.7M | $55.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.93 | +0.078% | $1.9M | $5.4M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 138.56 | −0.185% | $64K | $203K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 138.90 | +0.056% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.10 | +0.200% | $87K | $1.3M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.02 | +0.143% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0023% | 8h | 138.78 | −0.030% | $1.3M | $466K | 50x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 139.02 | +0.143% | $688K | $2.4M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 139.00 | +0.128% | $268K | $1.7M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0038% | 1h | 139.05 | +0.164% | $108K | $364K | 10x | as long as short |
| QFEX SOXL-USD | +0.0046% | 1h | 138.82 | −0.001% | $257K | $266K | 30x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 138.85 | +0.020% | $21.3M | $30.2M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 138.59 | −0.167% | $211K | $480K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 138.77 | −0.037% | $6.6M | $11.0M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.52 | −0.218% | $36K | $141K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 138.85 | +0.020% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 138.82 | −0.001% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 138.71 | −0.081% | $948K | $3.2M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0271% | 4h | 138.58 | −0.172% | $173K | $330K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0272% | 1h | 138.98 | +0.114% | $9K | $292K | 10x | as long as short |
| Kraken Futures PF_SOXLUSDlong | +0.0433% | 1h | 138.82 | long leg | $81K | $299K | 20x |
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Deribit SOXL_USDC-PERPETUAL
QFEX SOXL-USD
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Polymarket Perps SOXL-USD