Funding you earn now, next payment 04:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.050%
Price spread now: Polymarket Perps against Lighter+0.069%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 5 days (all we have)+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now +0.069%, 7d avg +0.042%
=Together, before fees+0.350%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.027% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 145.22 | 0.0032 | pay 0.0004% / 1h | 9m 19s | $729K | $2.5M | 20x |
| Short | Polymarket Perps SOXL-USD | 145.32 | 0.0160 | get 0.0020% / 1h | 9m 19s | $3K | $268K | 10x |
Lighter SOXL
Polymarket Perps SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Lighter. 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
- $26.78
- Price spread: +0.069% → +0.042%
- $2.7
- Slippage, 4 orders
- −$10.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $10.58
- Costs to cover
- 0.189%
- Break-even
- 4.2 days
Slippage from Lighter: live order book, 3 min ago; Polymarket Perps: live order book, 48 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, 3 min ago | 1.03 bp | 1.0 bp −$1 | 3.2 bp −$32 | 86.0 bp −$8,597 | doesn't fit |
| Sell Polymarket Perps live order book, 48 min ago | 3.08 bp | 8.4 bp −$8 | 9.0 bp −$90 | 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 | 145.29 | +0.045% | $88K | $304K | 20x | as long as short |
| BloFin SOXL-USDT | −0.0011% | 8h | 145.26 | +0.028% | $1.2M | $476K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.23 | +0.003% | $233K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 145.14 | −0.056% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 145.18 | −0.028% | $169.4M | $1.25B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.17 | −0.034% | $50.7M | $189.1M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.16 | −0.041% | $24.6M | $197.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.18 | −0.028% | $27.2M | $43.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 145.17 | −0.034% | $15.1M | $49.7M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.18 | −0.028% | $60.1M | $113.1M | 20x | as long as short |
Kraken Futures PF_SOXLUSD
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 145.08 | −0.098% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.26 | +0.028% | $71K | $177K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.18 | −0.028% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.28 | +0.041% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.26 | +0.028% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.20 | −0.014% | $268K | $266K | 30x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0026% | 1h | 145.19 | −0.021% | $114K | $291K | 10x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 145.22 | long leg | $729K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.18 | −0.028% | $276K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.14 | −0.055% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 144.82 | −0.275% | $207K | $488K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.19 | −0.021% | $6.9M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.26 | +0.028% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.16 | −0.041% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.15 | −0.051% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.22 | 0.000% | $903K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USDshort | +0.0160% | 1h | 145.32 | +0.069% | $3K | $268K | 10x | |
| edgeX SOXLUSDC | +0.0262% | 4h | 145.12 | −0.068% | $181K | $327K | 10x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Deribit SOXL_USDC-PERPETUAL
Lighter RH SOXL
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