Funding you earn now, next payment 09:00 UTC−0.0451%/8h= −49.4% APRnext payment −$0.56 per $10,000 · paid last 24h −0.033%
Price spread now: Lighter RH against Deribit−0.037%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 4 days (all we have)−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.037%, 7d avg 0.000%
=Together, before fees+0.154%+ Points / potential airdropLighter RH: Points live · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Lighter RH is 0.037% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.060% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SOXL_USDC-PERPETUAL | 136.58 | 0.0483 | pay 0.0060% / 1h | 34m 50s | $109K | $387K | 10x |
| Short | Lighter RH SOXL | 136.53 | 0.0032 | get 0.0004% / 1h | 34m 50s | $231K | $1.7M | 20x |
Deribit SOXL_USDC-PERPETUAL
Lighter RH SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Deribit. 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
- −$94.65
- Price spread: −0.037% → 0.000%
- −$3.66
- Slippage, 4 orders
- −$27.98
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$133.29
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 64 min ago; Lighter RH: live order book, 3 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 Deribit live order book, 64 min ago | 8.65 bp | 15.0 bp −$15 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.10 bp | 2.7 bp −$3 | 7.7 bp −$77 | 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 | −0.1572% | 8h | 136.67 | +0.066% | $58.2M | $145.4M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | −0.0121% | 1h | 136.65 | +0.055% | $77K | $317K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 136.52 | −0.044% | $182K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 136.58 | +0.003% | $70K | $364K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 136.62 | +0.029% | $161.1M | $1.49B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 136.62 | +0.029% | $45.5M | $221.9M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 136.62 | +0.029% | $25.3M | $227.0M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 136.62 | +0.029% | $28.8M | $51.1M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 136.61 | +0.022% | $21.3M | $56.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 136.57 | −0.006% | $1.8M | $5.6M | — | as long as short |
Bitget SOXLUSDT
Kraken Futures PF_SOXLUSD
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
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 | 136.90 | +0.233% | $63K | $194K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 136.55 | −0.022% | $1K | $3.9M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 136.67 | +0.066% | $86K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 136.70 | +0.088% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 136.68 | +0.073% | $252K | $264K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0027% | 8h | 136.56 | −0.015% | $1.2M | $491K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 136.54 | −0.029% | $653K | $2.5M | 20x | as long as short |
| Lighter RH SOXLshort | +0.0032% | 1h | 136.53 | −0.037% | $231K | $1.7M | 20x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 136.46 | −0.088% | $20.1M | $29.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 136.58 | 0.000% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 136.65 | +0.051% | $208K | $420K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 136.60 | +0.015% | $6.3M | $10.7M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 136.81 | +0.168% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 136.54 | −0.029% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 136.55 | −0.021% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0208% | 1h | 137.34 | +0.556% | $930K | $3.0M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALlong | +0.0483% | 1h | 136.58 | long leg | $109K | $387K | 10x | |
| edgeX SOXLUSDC | +0.0631% | 4h | 136.94 | +0.265% | $170K | $332K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter 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
edgeX SOXLUSDC