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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0174%/8h= +19.1% APRpaid last 24h +0.002%
Price spread now: BloFin against Lighter+0.775%690s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 3 days (all we have)−0.816%−$82 · spread now +0.775%, 7d avg +0.075%
Together, before fees−0.739%+ Points / potential airdropLighter: Season 3 · farm board−$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.700% dearer against Lighter than usual: you sell high and buy low: +$70 more if the spread goes back to its 7-day average of +0.075%. The two prices were read 690 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL144.450.0032pay 0.0004% / 1h37m 43s$809K$2.5M20x
ShortBloFin SOXL-USDT145.570.0206get 0.0206% / 8h6h 37m$1.3M$490K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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
$36.57
Price spread: +0.775% → +0.075%
$70.02
Slippage, 4 orders
−$6.03
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$88.56
Costs to cover
0.180%
Break-even
from the start
Slippage from Lighter: live order book, 4 min ago; BloFin: live order book, 15 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 Lighter live order book, 4 min ago1.72 bp2.4 bp −$25.4 bp −$54117.9 bp −$11.8Kdoesn't fit
Sell BloFin live order book, 15 min ago0.34 bp6.3 bp −$67.1 bp −$7115.7 bp −$1,56840.2 bp −$20.1K

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
Aster SOXLUSDT0.0000%8h144.50+0.036%$247K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h144.50+0.035%$52.0M$184.8M100xas long as short
Gate SOXL_USDT0.0000%8h144.50+0.035%$27.0M$41.0M50xas long as short
SunX SOXL-USDT0.0000%8h144.42−0.021%$1K$4.4M10xas long as short
Deribit SOXL_USDC-PERPETUAL0.0000%1h144.36−0.062%$117K$276K10xas long as short
HTX SOXL-USDT0.0000%8h144.67+0.152%$183K$616K50xas long as short
Phemex SOXLUSDT0.0000%8h144.42−0.021%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0021%1h144.46+0.007%$267K$271K30xas long as short
Lighter SOXLlong+0.0032%1h144.45long leg$809K$2.5M20x
Lighter RH SOXL+0.0032%1h144.48+0.021%$347K$1.8M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SOXL+0.0050%1h144.450.000%$25.5M$22.5M10xas long as short
Polymarket Perps SOXL-USD+0.0050%1h144.52+0.048%$3K$269K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.41+0.665%$207K$658K10xas long as short
OKX SOXL-USDT-SWAP+0.0059%8h144.41−0.028%$24.8M$190.2M20xas long as short
KuCoin SOXLUSDTM+0.0100%8h144.50+0.035%$6.9M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.32+0.602%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h144.42−0.021%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h144.37−0.054%$6K10xas long as short
GRVT SOXL_USDT_Perp+0.0143%8h145.28+0.573%$71K$168K10xas long as short
Variational Omni SOXL+0.0179%8h145.26+0.562%$2.4M$4.9Mas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h144.42−0.021%$804K$2.5M10xas long as short
Binance SOXLUSDT+0.0202%8h144.49+0.028%$169.5M$1.23B50xas long as short
MEXC SOXL_USDT+0.0204%8h144.51+0.042%$14.9M$47.9M200xas long as short
BloFin SOXL-USDTshort+0.0206%8h145.57+0.775%$1.3M$490K50x
Extended SOXL-USD+0.0208%1h144.44−0.004%$24K$263K10xas long as short
Bitget SOXLUSDT+0.0257%8h144.49+0.028%$60.0M$112.6M20xas long as short
Kraken Futures PF_SOXLUSD+0.0415%1h144.40−0.037%$88K$304K20xas long as short
edgeX SOXLUSDC+0.0844%4h145.31+0.593%$181K$322K10xas long as short