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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 139.08 | 0.0152 | pay 0.0019% / 1h | 57m 17s | $655K | $2.6M | 20x |
| Short | Bybit SOXLUSDT | 139.30 | 0.0242 | get 0.0242% / 8h | 6h 57m | $46.7M | $225.4M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 5 min ago | 1.08 bp | 3.9 bp −$4 | 6.6 bp −$66 | 82.5 bp −$8,247 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.36 bp | 6.2 bp −$6 | 9.5 bp −$95 | 109.3 bp −$10.9K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1092% | 8h | 139.35 | +0.194% | $59.0M | $151.8M | 20x | as long as short |
| BloFin SOXL-USDT | −0.0019% | 8h | 139.11 | +0.022% | $1.3M | $502K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.07 | −0.011% | $189K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 139.23 | +0.109% | $42K | $380K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 139.27 | +0.135% | $158.6M | $1.56B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.34 | +0.187% | $26.5M | $244.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.20 | +0.086% | $29.8M | $54.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.20 | +0.086% | $12.2M | $56.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.80 | −0.202% | $1.9M | $5.6M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.29 | +0.151% | $1K | $3.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOXL-USDT | 0.0000% | 8h | 139.11 | +0.022% | $87K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 139.15 | +0.050% | $2.3M | $1.2M | 10x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 138.97 | −0.079% | $255K | $1.7M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.19 | +0.079% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.21 | +0.093% | $217K | $397K | 10x | as long as short |
| QFEX SOXL-USD | +0.0057% | 1h | 139.05 | −0.022% | $257K | $264K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.03 | −0.036% | $6.4M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.78 | −0.216% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.24 | +0.115% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.25 | +0.120% | $5K | — | 10x | as long as short |
| tradeXYZ xyz:SOXL | +0.0113% | 1h | 139.17 | +0.065% | $21.7M | $32.3M | 10x | as long as short |
| Lighter SOXLlong | +0.0152% | 1h | 139.08 | long leg | $655K | $2.6M | 20x | |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 139.12 | +0.029% | $982K | $3.2M | 10x | as long as short |
| Bybit SOXLUSDTshort | +0.0242% | 8h | 139.30 | +0.158% | $46.7M | $225.4M | 100x | |
| edgeX SOXLUSDC | +0.0372% | 4h | 139.09 | +0.007% | $173K | $331K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0396% | 8h | 138.77 | −0.223% | $64K | $194K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0612% | 1h | 139.29 | +0.151% | $111K | $386K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0969% | 1h | 139.24 | +0.116% | $88K | $342K | 20x | as long as short |
Lighter SOXL
Bybit SOXLUSDT
Bitget SOXLUSDT
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
Lighter RH SOXL
Polymarket Perps SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
GRVT SOXL_USDT_Perp
Deribit SOXL_USDC-PERPETUAL
Kraken Futures PF_SOXLUSD