Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.007%
Price spread now: Binance against Lighter−0.137%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$150.145% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.145%+$15 · spread now −0.137%, 7d avg +0.050%
=Together, before fees+0.146%+ Points / potential airdropLighter: Season 3 · farm board+$15 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 Binance is 0.187% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 143.05 | 0.0032 | pay 0.0004% / 1h | 41m 41s | $705K | $2.5M | 20x |
| Short | Binance SOXLUSDT | 142.85 | 0 | get 0.0000% / 8h | 3h 41m | $166.0M | $1.27B | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.137% → +0.050%
- −$18.68
- Slippage, 4 orders
- −$4.53
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.93
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Binance: live order book, 2 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 Lighter live order book, 5 min ago | 1.39 bp | 1.8 bp −$2 | 5.7 bp −$57 | 68.8 bp −$6,884 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.35 bp | 5.3 bp −$5 | 6.8 bp −$68 | 18.3 bp −$1,829 | 52.1 bp −$26.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 143.13 | +0.053% | $229K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.88 | −0.122% | $19K | $250K | 10x | as long as short |
| Binance SOXLUSDTshort | 0.0000% | 8h | 142.85 | −0.137% | $166.0M | $1.27B | 50x | |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.90 | −0.105% | $47.3M | $196.7M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.91 | −0.098% | $24.0M | $198.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.94 | −0.077% | $26.4M | $43.8M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.96 | −0.063% | $14.9M | $49.8M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 143.14 | +0.063% | $59.2M | $115.9M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 143.77 | +0.503% | $2.3M | $4.8M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.54 | +0.342% | $68K | $180K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 143.48 | +0.301% | $2K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 143.48 | +0.301% | $181K | $575K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 143.45 | +0.280% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 142.95 | −0.070% | $264K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0004% | 8h | 143.46 | +0.287% | $1.2M | $471K | 50x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 143.05 | long leg | $705K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 142.91 | −0.098% | $269K | $1.8M | 20x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0050% | 1h | 143.59 | +0.381% | $87K | $286K | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 143.04 | −0.007% | $25.0M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.09 | +0.028% | $200K | $487K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 143.07 | +0.014% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.55 | +0.350% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 143.45 | +0.280% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 143.42 | +0.260% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0120% | 1h | 143.47 | +0.294% | $762K | $2.7M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0178% | 1h | 143.58 | +0.370% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0187% | 4h | 143.42 | +0.257% | $179K | $327K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0308% | 1h | 143.48 | +0.301% | $112K | $317K | 10x | as long as short |
Lighter SOXL
Binance SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Kraken Futures PF_SOXLUSD
tradeXYZ xyz:SOXL
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC
Deribit SOXL_USDC-PERPETUAL