Funding you earn now, next payment 09:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Lighter+0.036%7-day average +0.016% · 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−$21as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 4 days (all we have)−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.490%−$49 · spread now +0.036%, 7d avg +0.016%
=Together, before fees−0.554%+ Points / potential airdropLighter: Season 3 · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.020% dearer against Lighter than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.016%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 4 days (−0.063% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 137.33 | 0.0048 | pay 0.0006% / 1h | 20m 14s | $646K | $2.6M | 20x |
| Short | QFEX SOXL-USD | 137.38 | 0.0022 | get 0.0003% / 1h | 20m 14s | $254K | $264K | 30x |
Lighter SOXL
QFEX SOXL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.39
- Price spread: +0.036% → +0.016%
- $2.01
- Slippage, 4 orders
- −$13.1
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$26.48
- Costs to cover
- 0.231%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; QFEX: live order book, 55 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, 7 min ago | 4.04 bp | 4.4 bp −$4 | 7.2 bp −$72 | 69.3 bp −$6,928 | doesn't fit |
| Sell QFEX live order book, 55 min ago | 2.16 bp | 7.3 bp −$7 | 9.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1363% | 8h | 137.50 | +0.124% | $58.1M | $149.6M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 137.35 | +0.016% | $78K | $328K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 137.20 | −0.095% | $184K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 137.43 | +0.071% | $41K | $389K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 137.39 | +0.044% | $161.4M | $1.52B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 137.42 | +0.066% | $26.3M | $234.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 137.36 | +0.022% | $29.5M | $54.2M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 137.41 | +0.058% | $22.4M | $57.7M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 137.42 | +0.062% | $1.8M | $5.5M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 137.45 | +0.087% | $1K | $3.9M | 10x | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
SunX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 137.28 | −0.036% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 137.43 | +0.073% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0008% | 8h | 137.29 | −0.029% | $1.3M | $495K | 50x | as long as short |
| QFEX SOXL-USDshort | +0.0022% | 1h | 137.38 | +0.036% | $254K | $264K | 30x | |
| Lighter RH SOXL | +0.0032% | 1h | 137.30 | −0.022% | $241K | $1.7M | 20x | as long as short |
| Lighter SOXLlong | +0.0048% | 1h | 137.33 | long leg | $646K | $2.6M | 20x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 137.30 | −0.022% | $20.7M | $31.1M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 137.25 | −0.058% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 137.53 | +0.146% | $215K | $402K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 137.16 | −0.124% | $6.3M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.46 | −0.634% | $35K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 137.44 | +0.080% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 137.35 | +0.014% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 136.84 | −0.357% | $1.0M | $3.1M | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0215% | 8h | 136.80 | −0.386% | $63K | $193K | 10x | as long as short |
| Bybit SOXLUSDT | +0.0271% | 8h | 137.47 | +0.102% | $46.6M | $224.7M | 100x | as long as short |
| edgeX SOXLUSDC | +0.0751% | 4h | 136.73 | −0.439% | $170K | $332K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0843% | 1h | 137.43 | +0.073% | $109K | $387K | 10x | as long as short |
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
GRVT SOXL_USDT_Perp
Bybit SOXLUSDT
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL