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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter+0.158%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days−0.163%−$16 · spread now +0.158%, 7d avg +0.049%
Together, before fees−0.188%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.109% dearer against Lighter than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL139.080.0152pay 0.0019% / 1h57m 17s$655K$2.6M20x
ShortBybit SOXLUSDT139.300.0242get 0.0242% / 8h6h 57m$46.7M$225.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$19
Price spread: +0.158% → +0.049%
$10.89
Slippage, 4 orders
−$7.69
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$11.19
Costs to cover
0.187%
Break-even
2.9 days
Slippage from Lighter: live order book, 5 min ago; Bybit: live order book, 2 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, 5 min ago1.08 bp3.9 bp −$46.6 bp −$6682.5 bp −$8,247doesn't fit
Sell Bybit live order book, 2 min ago0.36 bp6.2 bp −$69.5 bp −$95109.3 bp −$10.9Kdoesn'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−0.1092%8h139.35+0.194%$59.0M$151.8M20xas long as short
BloFin SOXL-USDT−0.0019%8h139.11+0.022%$1.3M$502K50xas long as short
Aster SOXLUSDT0.0000%8h139.07−0.011%$189K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h139.23+0.109%$42K$380K10xas long as short
Binance SOXLUSDT0.0000%8h139.27+0.135%$158.6M$1.56B50xas long as short
OKX SOXL-USDT-SWAP0.0000%8h139.34+0.187%$26.5M$244.7M20xas long as short
Gate SOXL_USDT0.0000%8h139.20+0.086%$29.8M$54.7M50xas long as short
MEXC SOXL_USDT0.0000%8h139.20+0.086%$12.2M$56.4M200xas long as short
Variational Omni SOXL0.0000%8h138.80−0.202%$1.9M$5.6Mas long as short
SunX SOXL-USDT0.0000%8h139.29+0.151%$1K$3.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOXL-USDT0.0000%8h139.11+0.022%$87K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h139.15+0.050%$2.3M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h138.97−0.079%$255K$1.7M20xas long as short
Polymarket Perps SOXL-USD+0.0050%1h139.19+0.079%$9K$291K10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h139.21+0.093%$217K$397K10xas long as short
QFEX SOXL-USD+0.0057%1h139.05−0.022%$257K$264K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h139.03−0.036%$6.4M$10.5M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.78−0.216%$36K$144K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h139.24+0.115%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h139.25+0.120%$5K10xas long as short
tradeXYZ xyz:SOXL+0.0113%1h139.17+0.065%$21.7M$32.3M10xas long as short
Lighter SOXLlong+0.0152%1h139.08long leg$655K$2.6M20x
Coinbase International SOXL-PERP-INTX+0.0240%1h139.12+0.029%$982K$3.2M10xas long as short
Bybit SOXLUSDTshort+0.0242%8h139.30+0.158%$46.7M$225.4M100x
edgeX SOXLUSDC+0.0372%4h139.09+0.007%$173K$331K10xas long as short
GRVT SOXL_USDT_Perp+0.0396%8h138.77−0.223%$64K$194K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0612%1h139.29+0.151%$111K$386K10xas long as short
Kraken Futures PF_SOXLUSD+0.0969%1h139.24+0.116%$88K$342K20xas long as short