Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.011%
Price spread now: Phemex against Lighter+0.041%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.041%, 7d avg +0.061%
=Together, before fees−0.399%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOXL | 145.23 | 0.0032 | pay 0.0004% / 1h | 8m 06s | $729K | $2.5M | 20x |
| Short | Phemex SOXLUSDT | 145.29 | 0 | get 0.0000% / 8h | 4h 08m | $2.4M | $1.2M | 10x |
Lighter SOXL
Phemex SOXLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.041% → +0.061%
- −$1.93
- Slippage, 4 orders
- −$80.28
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$100.93
- Costs to cover
- 0.923%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Phemex: live order book, 5 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, 4 min ago | 1.03 bp | 1.0 bp −$1 | 3.2 bp −$32 | 86.0 bp −$8,597 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.45 bp | 46.1 bp −$46 | 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_SOXLUSD | −0.0116% | 1h | 145.23 | +0.002% | $88K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.25 | +0.016% | $233K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 145.22 | −0.008% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 145.27 | +0.028% | $169.6M | $1.25B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.27 | +0.028% | $50.7M | $189.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.27 | +0.028% | $24.7M | $197.5M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.26 | +0.021% | $27.2M | $43.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 145.26 | +0.021% | $15.1M | $49.7M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.25 | +0.014% | $60.1M | $113.1M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.08 | −0.105% | $2.4M | $4.7M | — | as long as short |
Kraken Futures PF_SOXLUSD
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 | 145.26 | +0.021% | $71K | $177K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.24 | +0.007% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.28 | +0.034% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDTshort | 0.0000% | 8h | 145.29 | +0.041% | $2.4M | $1.2M | 10x | |
| QFEX SOXL-USD | +0.0021% | 1h | 145.17 | −0.041% | $268K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0029% | 8h | 145.21 | −0.014% | $1.2M | $476K | 50x | as long as short |
| Lighter SOXLlong | +0.0032% | 1h | 145.23 | long leg | $729K | $2.5M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 145.20 | −0.021% | $276K | $1.9M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.22 | −0.007% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.20 | −0.021% | $207K | $489K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.24 | +0.007% | $6.9M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.26 | +0.021% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.23 | 0.000% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.20 | −0.020% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0152% | 1h | 145.22 | −0.007% | $903K | $2.6M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0161% | 1h | 145.28 | +0.034% | $3K | $268K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0163% | 1h | 145.27 | +0.028% | $114K | $291K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0262% | 4h | 145.12 | −0.075% | $181K | $327K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
QFEX SOXL-USD
BloFin SOXL-USDT
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
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC