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+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h −0.059%
Price spread now: Lighter against Kraken Futures−0.032%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.598% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.371%+$37 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.032%, 7d avg +0.043%
Together, before fees+0.528%+ Points / potential airdropLighter: Season 3 · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.075% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.043%). If the spread goes back, that is −$7 on $10k: about 41 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SOXLUSD145.70−0.0116get 0.0014% / 1h34m 25s$88K$304K20x
ShortLighter SOXL145.650.0032get 0.0004% / 1h34m 25s$730K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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
$31.01
Price spread: −0.032% → +0.043%
−$7.49
Slippage, 4 orders
−$49.84
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$36.33
Costs to cover
0.598%
Break-even
15.2 days
Slippage from Kraken Futures: live order book, 23 min ago; Lighter: live order book, 8 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 Kraken Futures live order book, 23 min ago4.80 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 8 min ago1.03 bp1.0 bp −$12.1 bp −$2162.8 bp −$6,284doesn'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
Kraken Futures PF_SOXLUSDlong−0.0116%1h145.70long leg$88K$304K20x
Aster SOXLUSDT0.0000%8h145.70−0.001%$233K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h145.71+0.009%$52.2M$186.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h145.67−0.018%$24.7M$197.1M20xas long as short
Gate SOXL_USDT0.0000%8h145.68−0.011%$27.4M$43.0M50xas long as short
Variational Omni SOXL0.0000%8h145.73+0.023%$2.4M$4.7Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.74+0.030%$70K$176K10xas long as short
SunX SOXL-USDT0.0000%8h145.69−0.004%$2K$4.3M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h145.70+0.002%$115K$286K10xas long as short
HTX SOXL-USDT0.0000%8h145.76+0.044%$184K$569K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SOXLUSDT0.0000%8h145.71+0.009%$2.5M$1.2M10xas long as short
Bitget SOXLUSDT+0.0001%8h145.68−0.011%$60.3M$112.9M20xas long as short
BloFin SOXL-USDT+0.0010%8h145.74+0.030%$1.2M$479K50xas long as short
Binance SOXLUSDT+0.0012%8h145.72+0.017%$170.8M$1.24B50xas long as short
MEXC SOXL_USDT+0.0014%8h145.69−0.004%$15.9M$49.1M200xas long as short
Extended SOXL-USD+0.0016%1h145.66−0.023%$24K$244K10xas long as short
QFEX SOXL-USD+0.0021%1h145.66−0.025%$269K$266K30xas long as short
Lighter SOXLshort+0.0032%1h145.65−0.032%$730K$2.5M20x
Lighter RH SOXL+0.0032%1h145.62−0.053%$277K$1.9M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.66−0.025%$25.6M$22.9M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.57−0.087%$208K$490K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h145.71+0.009%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.76+0.044%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.71+0.009%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.69−0.007%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0152%1h145.70+0.002%$907K$2.6M10xas long as short
Polymarket Perps SOXL-USD+0.0160%1h145.81+0.078%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0625%4h145.71+0.010%$182K$327K10xas long as short