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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against KuCoin−0.036%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$490.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.239%−$24 on $10k
Price spread, last 7 days+0.046%+$5 · spread now −0.036%, 7d avg +0.017%
Together, before fees−0.193%+ Points / potential airdropLighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.053% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SOXLUSDTM138.530.0100pay 0.0100% / 8h30m 52s$6.6M$11.0M20x
ShortLighter RH SOXL138.480.0032get 0.0004% / 1h30m 52s$262K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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
−$14.28
Price spread: −0.036% → +0.017%
−$5.35
Slippage, 4 orders
−$36.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$68.15
Costs to cover
0.485%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Lighter RH: live order book, 2 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 KuCoin live order book, 8 min ago0.36 bp29.0 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago2.16 bp3.0 bp −$37.9 bp −$79doesn'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
Bitget SOXLUSDT−0.1996%8h138.77+0.173%$60.6M$142.0M20xas long as short
BloFin SOXL-USDT−0.0013%8h138.66+0.094%$1.3M$470K50xas long as short
Aster SOXLUSDT0.0000%8h138.49−0.028%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.47−0.041%$52K$353K10xas long as short
Binance SOXLUSDT0.0000%8h138.52−0.010%$162.9M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.57+0.029%$46.0M$225.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.52−0.007%$25.9M$228.0M20xas long as short
Gate SOXL_USDT0.0000%8h138.49−0.029%$27.8M$50.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.51−0.014%$14.9M$55.2M200xas long as short
Variational Omni SOXL0.0000%8h138.68+0.108%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.82+0.213%$64K$202K10xas long as short
SunX SOXL-USDT0.0000%8h138.69+0.115%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.69+0.115%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.61+0.058%$2.3M$1.2M10xas long as short
Lighter SOXL+0.0032%1h138.52−0.007%$672K$2.4M20xas long as short
Lighter RH SOXLshort+0.0032%1h138.48−0.036%$262K$1.7M20x
QFEX SOXL-USD+0.0035%1h138.70+0.123%$256K$264K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.43−0.072%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.48−0.036%$211K$459K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.60+0.050%$81K$300K20xas long as short
KuCoin SOXLUSDTMlong+0.0100%8h138.53long leg$6.6M$11.0M20x
ApeX Omni SOXLUSDT+0.0100%1h138.63+0.072%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.63+0.072%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.68+0.106%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.02+0.354%$952K$3.0M10xas long as short
Polymarket Perps SOXL-USD+0.0208%1h138.74+0.152%$9K$292K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0255%1h138.65+0.087%$108K$358K10xas long as short
edgeX SOXLUSDC+0.0261%4h138.64+0.082%$173K$332K10xas long as short