Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit+0.035%7-day average −0.048% · 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−$9as in the Price arb table
costs, in and out, $10k−$170.173% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.035%, 7d avg −0.048%
=Together, before fees−0.046%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.083% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOXLUSDT | 142.29 | 0 | get 0.0000% / 8h | 3h 39m | $47.1M | $197.1M | 100x |
| Short | Lighter SOXL | 142.34 | 0.0032 | get 0.0004% / 1h | 39m 57s | $702K | $2.5M | 20x |
Bybit SOXLUSDT
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $6.72
- Price spread: +0.035% → −0.048%
- $8.28
- Slippage, 4 orders
- −$6.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.35
- Costs to cover
- 0.173%
- Break-even
- 9.4 days
Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 7 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 Bybit live order book, 4 min ago | 0.35 bp | 6.4 bp −$6 | 9.4 bp −$94 | 65.7 bp −$6,565 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.39 bp | 1.4 bp −$1 | 3.5 bp −$35 | 83.7 bp −$8,365 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0010% | 8h | 142.74 | +0.316% | $1.2M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 142.32 | +0.019% | $228K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.20 | −0.063% | $31K | $270K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 142.30 | +0.005% | $165.3M | $1.27B | 50x | as long as short |
| Bybit SOXLUSDTlong | 0.0000% | 8h | 142.29 | long leg | $47.1M | $197.1M | 100x | |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.27 | −0.014% | $24.0M | $197.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.38 | +0.063% | $26.3M | $43.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.20 | −0.063% | $14.1M | $49.9M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 142.31 | +0.014% | $58.9M | $116.0M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.387% | $2.2M | $4.8M | — | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.54 | +0.878% | $68K | $180K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 142.40 | +0.077% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.73 | +0.309% | $180K | $576K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.46 | +0.119% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 142.59 | +0.211% | $263K | $266K | 30x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 142.34 | +0.035% | $702K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 142.29 | 0.000% | $267K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.28 | −0.007% | $24.9M | $22.9M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0050% | 1h | 142.47 | +0.124% | $87K | $286K | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.09 | +0.562% | $200K | $487K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.28 | −0.007% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.38 | +0.766% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 142.35 | +0.042% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.35 | +0.044% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 142.97 | +0.478% | $759K | $2.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0172% | 1h | 142.36 | +0.049% | $111K | $316K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0185% | 1h | 142.59 | +0.211% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0187% | 4h | 143.42 | +0.793% | $179K | $327K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXL
Kraken Futures PF_SOXLUSD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC