Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.024%
Price spread now: Deribit against Lighter−0.021%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 4 days (all we have)−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.021%, 7d avg +0.035%
=Together, before fees−0.057%+ Points / potential airdropLighter: Season 3 · farm board−$6 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 Deribit is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 146.06 | 0.0032 | pay 0.0004% / 1h | 56m 03s | $818K | $2.5M | 20x |
| Short | Deribit SOXL_USDC-PERPETUAL | 146.03 | 0 | get 0.0000% / 1h | 56m 03s | $119K | $288K | 10x |
Lighter SOXL
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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: −0.021% → +0.035%
- −$5.54
- Slippage, 4 orders
- −$21.75
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Deribit: live order book, 13 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, 6 min ago | 1.02 bp | 1.0 bp −$1 | 3.1 bp −$31 | 81.0 bp −$8,104 | doesn't fit |
| Sell Deribit live order book, 13 min ago | 7.84 bp | 11.3 bp −$11 | 13.2 bp −$132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOXLUSDT | 0.0000% | 8h | 146.10 | +0.027% | $52.7M | $183.3M | 100x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.06 | 0.000% | $27.4M | $39.8M | 50x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.07 | +0.007% | $1K | $4.5M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | 0.0000% | 1h | 146.03 | −0.021% | $119K | $288K | 10x | |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.03 | −0.021% | $2.5M | $1.2M | 10x | as long as short |
| Aster SOXLUSDT | +0.0013% | 8h | 146.16 | +0.065% | $253K | $1.6M | 50x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 146.11 | +0.034% | $270K | $271K | 30x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 146.06 | long leg | $818K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 146.06 | 0.000% | $348K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 146.02 | −0.027% | $26.1M | $22.3M | 10x | as long as short |
Bybit SOXLUSDT
Gate SOXL_USDT
SunX SOXL-USDT
Phemex SOXLUSDT
Aster SOXLUSDT
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 146.13 | +0.048% | $5K | $266K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 146.10 | +0.027% | $208K | $736K | 10x | as long as short |
| HTX SOXL-USDT | +0.0074% | 8h | 146.11 | +0.034% | $184K | $624K | 50x | as long as short |
| OKX SOXL-USDT-SWAP | +0.0096% | 8h | 146.07 | +0.007% | $26.2M | $190.0M | 20x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.12 | +0.041% | $7.0M | $10.4M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.36 | +0.205% | $38K | $142K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.12 | +0.041% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.12 | +0.044% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 145.97 | −0.062% | $881K | $2.4M | 10x | as long as short |
| Variational Omni SOXL | +0.0225% | 8h | 146.06 | +0.002% | $2.4M | $5.0M | — | as long as short |
| Extended SOXL-USD | +0.0264% | 1h | 146.05 | −0.010% | $25K | $273K | 10x | as long as short |
| Binance SOXLUSDT | +0.0266% | 8h | 146.10 | +0.027% | $171.5M | $1.22B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0267% | 8h | 146.08 | +0.014% | $14.3M | $47.0M | 200x | as long as short |
| BloFin SOXL-USDT | +0.0273% | 8h | 146.06 | 0.000% | $1.3M | $491K | 50x | as long as short |
| edgeX SOXLUSDC | +0.0293% | 4h | 146.55 | +0.334% | $183K | $321K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0411% | 1h | 146.12 | +0.040% | $89K | $304K | 20x | as long as short |
| Bitget SOXLUSDT | +0.0625% | 8h | 146.04 | −0.014% | $61.4M | $112.8M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0668% | 8h | 146.44 | +0.259% | $72K | $164K | 10x | as long as short |
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
HTX SOXL-USDT
OKX SOXL-USDT-SWAP
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Variational Omni SOXL
Extended SOXL-USD
Binance SOXLUSDT
MEXC SOXL_USDT
BloFin SOXL-USDT
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp