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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0260%/8h= −28.5% APRpaid last 24h −0.158%
Price spread now: Lighter RH against edgeX−0.148%80s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.456%−$46 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.148%, 7d avg −0.001%
Together, before fees−0.602%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Lighter RH is 0.147% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOXLUSDC138.810.0292pay 0.0146% / 4h32m 17s$173K$331K10x
ShortLighter RH SOXL138.600.0032get 0.0004% / 1h32m 17s$262K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. 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
−$54.6
Price spread: −0.148% → −0.001%
−$14.72
Slippage, 4 orders
−$47.67
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$125.98
Costs to cover
0.567%
Break-even
never at this rate
Slippage from edgeX: live order book, 6 min ago; Lighter RH: 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 edgeX live order book, 6 min ago20.53 bp25.8 bp −$2630.5 bp −$305doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago2.16 bp3.0 bp −$37.9 bp −$79doesn'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−0.2000%8h138.84+0.025%$60.6M$141.9M20xas long as short
BloFin SOXL-USDT−0.0012%8h138.59−0.155%$1.3M$469K50xas long as short
Aster SOXLUSDT0.0000%8h138.64−0.119%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.57−0.169%$52K$353K10xas long as short
Binance SOXLUSDT0.0000%8h138.69−0.080%$163.1M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.69−0.083%$46.0M$226.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.76−0.033%$25.9M$228.4M20xas long as short
Gate SOXL_USDT0.0000%8h138.58−0.163%$27.9M$50.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.60−0.148%$15.2M$55.1M200xas long as short
Variational Omni SOXL0.0000%8h138.61−0.142%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.82+0.013%$64K$202K10xas long as short
SunX SOXL-USDT0.0000%8h138.59−0.155%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.80−0.004%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.64−0.119%$2.3M$1.2M10xas long as short
Lighter SOXL+0.0032%1h138.63−0.127%$673K$2.4M20xas long as short
Lighter RH SOXLshort+0.0032%1h138.60−0.148%$262K$1.7M20x
QFEX SOXL-USD+0.0035%1h138.64−0.119%$256K$264K30xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.47−0.242%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.48−0.235%$211K$459K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.51−0.212%$81K$300K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.65−0.112%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.74−0.047%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.58−0.163%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.58−0.164%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.02+0.154%$952K$3.0M10xas long as short
Polymarket Perps SOXL-USD+0.0208%1h138.67−0.098%$9K$292K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0255%1h138.58−0.163%$108K$358K10xas long as short
edgeX SOXLUSDClong+0.0292%4h138.81long leg$173K$331K10x