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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.007%
Price spread now: Binance against Lighter−0.184%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.193%+$19 · spread now −0.184%, 7d avg +0.050%
Together, before fees+0.194%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.234% cheaper against Lighter than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL140.120.0032pay 0.0004% / 1h3m 18s$687K$2.5M20x
ShortBinance SOXLUSDT139.860get 0.0000% / 8h3h 03m$164.2M$1.33B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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
−$6.72
Price spread: −0.184% → +0.050%
−$23.44
Slippage, 4 orders
−$8.14
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48.3
Costs to cover
0.181%
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Binance: live order book, 11 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 Lighter live order book, 4 min ago3.56 bp3.6 bp −$44.7 bp −$4783.6 bp −$8,364doesn't fit
Sell Binance live order book, 11 min ago0.35 bp5.4 bp −$55.9 bp −$5916.2 bp −$1,61584.4 bp −$42.2K

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−0.1479%8h140.06−0.043%$60.0M$125.7M20xas long as short
BloFin SOXL-USDT−0.0019%8h140.46+0.243%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h139.91−0.148%$208K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h139.81−0.223%$33K$284K10xas long as short
Binance SOXLUSDTshort0.0000%8h139.86−0.184%$164.2M$1.33B50x
Bybit SOXLUSDT0.0000%8h139.87−0.178%$47.2M$211.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.91−0.150%$25.2M$204.9M20xas long as short
Gate SOXL_USDT0.0000%8h139.98−0.100%$25.7M$46.1M50xas long as short
MEXC SOXL_USDT0.0000%8h139.93−0.136%$14.2M$51.5M200xas long as short
Variational Omni SOXL0.0000%8h140.66+0.386%$2.2M$5.0Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h140.44+0.230%$67K$189K10xas long as short
SunX SOXL-USDT0.0000%8h139.86−0.186%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h140.22+0.071%$136K$959K50xas long as short
Phemex SOXLUSDT0.0000%8h140.66+0.385%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h140.03−0.064%$259K$266K30xas long as short
edgeX SOXLUSDC+0.0018%4h140.39+0.193%$175K$329K10xas long as short
Lighter SOXLlong+0.0032%1h140.12long leg$687K$2.5M20x
Lighter RH SOXL+0.0032%1h140.24+0.086%$261K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.54+0.300%$206K$499K10xas long as short
Kraken Futures PF_SOXLUSD+0.0051%1h139.83−0.206%$82K$292K20xas long as short
tradeXYZ xyz:SOXL+0.0069%1h139.88−0.171%$24.9M$23.7M10xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.02−0.071%$6.7M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.120.000%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.81−0.221%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.88−0.170%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h140.48+0.257%$892K$2.8M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0322%1h139.85−0.193%$109K$333K10xas long as short
Polymarket Perps SOXL-USD+0.0429%1h140.09−0.021%$3K$269K10xas long as short