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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.024%
Price spread now: Coinbase International against Lighter RH+0.134%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$170.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.337%+$34 on $10k
Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.134%, 7d avg +0.001%
Together, before fees+0.093%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.133% dearer against Lighter RH than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOXL141.690.0032pay 0.0004% / 1h38m 08s$267K$1.9M20x
ShortCoinbase International SOXL-PERP-INTX141.880.0120get 0.0015% / 1h38m 08s$804K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter RH. 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
$18.48
Price spread: +0.134% → +0.001%
$13.32
Slippage, 4 orders
−$7.43
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$14.37
Costs to cover
0.174%
Break-even
1.6 days
Slippage from Lighter RH: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 5 min ago1.05 bp2.6 bp −$312.6 bp −$126doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago1.41 bp6.8 bp −$712.6 bp −$126doesn'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−0.0045%8h141.85+0.113%$58.6M$116.5M20xas long as short
Aster SOXLUSDT0.0000%8h141.77+0.060%$227K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h141.86+0.120%$31K$270K10xas long as short
Binance SOXLUSDT0.0000%8h141.73+0.028%$164.7M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h141.74+0.035%$47.2M$198.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h141.80+0.078%$24.0M$198.3M20xas long as short
Gate SOXL_USDT0.0000%8h141.75+0.042%$26.2M$44.0M50xas long as short
MEXC SOXL_USDT0.0000%8h141.79+0.071%$13.7M$49.9M200xas long as short
Variational Omni SOXL0.0000%8h142.84+0.812%$2.2M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.70+0.714%$67K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h141.95+0.183%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h142.02+0.233%$177K$584K50xas long as short
Phemex SOXLUSDT0.0000%8h141.94+0.176%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h141.90+0.148%$262K$266K30xas long as short
BloFin SOXL-USDT+0.0009%8h141.98+0.205%$1.2M$467K50xas long as short
Lighter SOXL+0.0032%1h141.76+0.049%$699K$2.5M20xas long as short
Lighter RH SOXLlong+0.0032%1h141.69long leg$267K$1.9M20x
tradeXYZ xyz:SOXL+0.0050%1h141.63−0.042%$24.9M$23.0M10xas long as short
Kraken Futures PF_SOXLUSD+0.0050%1h141.99+0.208%$86K$287K20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h142.10+0.289%$200K$484K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h141.84+0.106%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h143.38+1.193%$37K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.82+0.092%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h141.84+0.109%$5K10xas long as short
Coinbase International SOXL-PERP-INTXshort+0.0120%1h141.88+0.134%$804K$2.7M10x
Polymarket Perps SOXL-USD+0.0209%1h142.00+0.219%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0548%4h142.90+0.853%$178K$328K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0597%1h141.87+0.127%$110K$316K10xas long as short