SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.024%

Price spread now: Coinbase International against Lighter+0.007%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$180.176% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.007%, 7d avg +0.036%

Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.029% cheaper against Lighter than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.036%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOXL	145.21	0.0032	pay 0.0004% / 1h	7m 31s	$729K	$2.5M	20x
Short	Coinbase International SOXL-PERP-INTX	145.22	0.0152	get 0.0019% / 1h	7m 31s	$903K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.007%Rate

Funding earned: $25.2
Price spread: +0.007% → +0.036%: −$2.86
Slippage, 4 orders: −$7.58
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $4.76
Costs to cover: 0.176%
Break-even: 5.7 days

Slippage from Lighter: live order book, 5 min ago; Coinbase International: live order book, 1 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 Lighter live order book, 5 min ago	1.03 bp	1.0 bp −$1	3.2 bp −$32	86.0 bp −$8,597	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.75 bp	7.8 bp −$8	11.1 bp −$111	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
Kraken Futures PF_SOXLUSD	−0.0116%	1h	145.23	+0.016%	$88K	$304K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	145.25	+0.027%	$233K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	145.19	−0.014%	$29K	$241K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	145.21	0.000%	$169.5M	$1.25B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	145.21	0.000%	$50.6M	$189.2M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	145.22	+0.007%	$24.7M	$197.5M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	145.21	0.000%	$27.2M	$43.3M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	145.21	0.000%	$15.1M	$49.7M	200x	as long as short
Bitget SOXLUSDT	0.0000%	8h	145.21	0.000%	$60.1M	$113.1M	20x	as long as short
Variational Omni SOXL	0.0000%	8h	145.08	−0.091%	$2.4M	$4.7M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	145.26	+0.034%	$71K	$177K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	145.24	+0.021%	$1K	$4.3M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	145.28	+0.048%	$183K	$569K	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	145.29	+0.055%	$2.4M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0021%	1h	145.20	−0.007%	$268K	$266K	30x	as long as short
BloFin SOXL-USDT	+0.0029%	8h	145.21	0.000%	$1.2M	$476K	50x	as long as short
Lighter SOXLlong	+0.0032%	1h	145.21	long leg	$729K	$2.5M	20x
Lighter RH SOXL	+0.0032%	1h	145.18	−0.021%	$276K	$1.9M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	145.20	−0.007%	$25.5M	$22.8M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	145.20	−0.007%	$207K	$489K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	145.23	+0.014%	$6.9M	$10.1M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	145.26	+0.034%	$38K	$143K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	145.23	+0.014%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	145.20	−0.006%	$6K	—	10x	as long as short
Coinbase International SOXL-PERP-INTXshort	+0.0152%	1h	145.22	+0.007%	$903K	$2.6M	10x
Polymarket Perps SOXL-USD	+0.0163%	1h	145.34	+0.090%	$3K	$268K	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0163%	1h	145.27	+0.041%	$114K	$291K	10x	as long as short
edgeX SOXLUSDC	+0.0262%	4h	145.12	−0.061%	$181K	$327K	10x	as long as short