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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter RH−0.072%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.072%, 7d avg +0.027%
Together, before fees−0.014%+ Points / potential airdropLighter RH: Points live · farm board−$1 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 SunX is 0.099% cheaper against Lighter RH than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOXL139.000.0032pay 0.0004% / 1h24m 09s$268K$1.7M20x
ShortSunX SOXL-USDT138.900get 0.0000% / 8h1h 24m$1K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$6.72
Price spread: −0.072% → +0.027%
−$9.91
Slippage, 4 orders
−$61.82
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$86.45
Costs to cover
0.698%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; SunX: live order book, 4 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, 4 min ago1.08 bp1.5 bp −$29.4 bp −$94doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago28.49 bp32.5 bp −$3262.3 bp −$623doesn'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−0.2526%8h139.11+0.079%$60.4M$139.6M20xas long as short
Aster SOXLUSDT0.0000%8h138.85−0.105%$204K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.94−0.042%$35K$314K10xas long as short
Binance SOXLUSDT0.0000%8h139.06+0.040%$164.0M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h139.10+0.072%$46.1M$230.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.09+0.065%$26.4M$226.7M20xas long as short
Gate SOXL_USDT0.0000%8h139.000.000%$28.3M$49.7M50xas long as short
MEXC SOXL_USDT0.0000%8h139.05+0.036%$16.9M$55.4M200xas long as short
Variational Omni SOXL0.0000%8h138.93−0.050%$1.9M$5.4Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h138.56−0.313%$64K$203K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDTshort0.0000%8h138.90−0.072%$1K$4.3M10x
HTX SOXL-USDT0.0000%8h139.10+0.072%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h139.02+0.014%$2.3M$1.2M10xas long as short
BloFin SOXL-USDT+0.0023%8h138.78−0.158%$1.3M$466K50xas long as short
Lighter SOXL+0.0032%1h139.02+0.014%$688K$2.4M20xas long as short
Lighter RH SOXLlong+0.0032%1h139.00long leg$268K$1.7M20x
Deribit SOXL_USDC-PERPETUAL+0.0038%1h139.05+0.036%$108K$364K10xas long as short
QFEX SOXL-USD+0.0046%1h138.82−0.129%$257K$266K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.96−0.029%$21.3M$30.2M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.59−0.295%$211K$480K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.90−0.072%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.52−0.345%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.85−0.108%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.82−0.129%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h138.71−0.209%$948K$3.2M10xas long as short
edgeX SOXLUSDC+0.0271%4h138.58−0.300%$173K$330K10xas long as short
Polymarket Perps SOXL-USD+0.0272%1h138.98−0.014%$9K$292K10xas long as short
Kraken Futures PF_SOXLUSD+0.0433%1h138.82−0.128%$81K$299K20xas long as short