Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.18 per $10,000 · paid last 24h +0.059%
Price spread now: Kraken Futures against Lighter+0.032%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.032%, 7d avg −0.043%
=Together, before fees−0.528%+ Points / potential airdropLighter: Season 3 · farm board−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.075% dearer against Lighter than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.043%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 145.65 | 0.0032 | pay 0.0004% / 1h | 34m 37s | $730K | $2.5M | 20x |
| Short | Kraken Futures PF_SOXLUSD | 145.70 | −0.0116 | pay 0.0014% / 1h | 34m 37s | $88K | $304K | 20x |
Lighter SOXL
Kraken Futures PF_SOXLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$31.01
- Price spread: +0.032% → −0.043%
- $7.49
- Slippage, 4 orders
- −$49.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$83.36
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Kraken Futures: live order book, 23 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 | 1.03 bp | 1.4 bp −$1 | 4.1 bp −$41 | 65.1 bp −$6,507 | doesn't fit |
| Sell Kraken Futures live order book, 23 min ago | 4.80 bp | 28.2 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOXLUSDshort | −0.0116% | 1h | 145.70 | +0.032% | $88K | $304K | 20x | |
| Aster SOXLUSDT | 0.0000% | 8h | 145.71 | +0.038% | $233K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.71 | +0.041% | $52.2M | $186.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.67 | +0.014% | $24.7M | $197.1M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.68 | +0.021% | $27.4M | $43.0M | 50x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.73 | +0.055% | $2.4M | $4.7M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 145.74 | +0.062% | $70K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.69 | +0.027% | $2K | $4.3M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 145.70 | +0.034% | $115K | $286K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.76 | +0.076% | $184K | $569K | 50x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXLUSDT | 0.0000% | 8h | 145.71 | +0.041% | $2.5M | $1.2M | 10x | as long as short |
| Bitget SOXLUSDT | +0.0001% | 8h | 145.69 | +0.027% | $60.3M | $112.9M | 20x | as long as short |
| BloFin SOXL-USDT | +0.0010% | 8h | 145.74 | +0.062% | $1.2M | $479K | 50x | as long as short |
| Binance SOXLUSDT | +0.0012% | 8h | 145.69 | +0.027% | $170.9M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0014% | 8h | 145.69 | +0.027% | $15.9M | $49.1M | 200x | as long as short |
| Extended SOXL-USD | +0.0016% | 1h | 145.66 | +0.009% | $24K | $244K | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.66 | +0.007% | $269K | $266K | 30x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 145.65 | long leg | $730K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.62 | −0.021% | $277K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.63 | −0.014% | $25.6M | $22.9M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.57 | −0.055% | $208K | $490K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.70 | +0.034% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.76 | +0.076% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.71 | +0.041% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.69 | +0.025% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.70 | +0.034% | $907K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0160% | 1h | 145.81 | +0.110% | $3K | $269K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0625% | 4h | 145.71 | +0.042% | $182K | $327K | 10x | as long as short |
Phemex SOXLUSDT
Bitget SOXLUSDT
BloFin SOXL-USDT
Binance SOXLUSDT
MEXC SOXL_USDT
Extended SOXL-USD
QFEX SOXL-USD
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Polymarket Perps SOXL-USD
edgeX SOXLUSDC