Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against Lighter+0.619%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs+$39as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)−0.706%−$71 · spread now +0.619%, 7d avg +0.037%
=Together, before fees−0.504%+ Points / potential airdropLighter: Season 3 · farm board−$50 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 Coinbase International is 0.582% dearer against Lighter than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 142.09 | 0.0032 | pay 0.0004% / 1h | 39m 47s | $701K | $2.5M | 20x |
| Short | Coinbase International SOXL-PERP-INTX | 142.97 | 0.0120 | get 0.0015% / 1h | 39m 47s | $759K | $2.7M | 10x |
Lighter SOXL
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $18.48
- Price spread: +0.619% → +0.037%
- $58.21
- Slippage, 4 orders
- −$9.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $57.26
- Costs to cover
- 0.194%
- Break-even
- from the start
Slippage from Lighter: live order book, 7 min ago; Coinbase International: live order book, 4 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, 7 min ago | 1.39 bp | 1.8 bp −$2 | 5.7 bp −$57 | 68.8 bp −$6,884 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.14 bp | 8.1 bp −$8 | 11.0 bp −$110 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SOXL-USDT | −0.0010% | 8h | 142.74 | +0.457% | $1.2M | $469K | 50x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 142.18 | +0.066% | $228K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 142.20 | +0.077% | $31K | $270K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 142.12 | +0.023% | $165.1M | $1.27B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 142.11 | +0.014% | $47.1M | $197.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 142.18 | +0.063% | $24.0M | $197.9M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 142.21 | +0.084% | $26.3M | $43.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 142.20 | +0.077% | $14.1M | $49.9M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 142.25 | +0.113% | $58.8M | $116.0M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 142.84 | +0.528% | $2.2M | $4.8M | — | as long as short |
BloFin SOXL-USDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Bitget SOXLUSDT
Variational Omni SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 143.54 | +1.020% | $68K | $180K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 142.40 | +0.218% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 142.73 | +0.450% | $180K | $576K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 142.46 | +0.260% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 142.59 | +0.352% | $263K | $266K | 30x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 142.09 | long leg | $701K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 142.05 | −0.028% | $267K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 142.08 | −0.007% | $24.9M | $22.9M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0050% | 1h | 142.47 | +0.265% | $87K | $286K | 20x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 143.09 | +0.704% | $200K | $487K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 142.28 | +0.134% | $6.8M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 143.38 | +0.908% | $37K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 142.35 | +0.183% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 142.35 | +0.185% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0120% | 1h | 142.97 | +0.619% | $759K | $2.7M | 10x | |
| Deribit SOXL_USDC-PERPETUAL | +0.0172% | 1h | 142.36 | +0.190% | $111K | $316K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0185% | 1h | 142.59 | +0.352% | $3K | $268K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0187% | 4h | 143.42 | +0.935% | $179K | $327K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXL
Kraken Futures PF_SOXLUSD
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD
edgeX SOXLUSDC