Settings8H · net · $10k
Funding arb · Price arb /

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Lighter−0.057%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.064%−$6 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.057%, 7d avg +0.016%
Together, before fees−0.172%+ Points / potential airdropLighter: Season 3 · farm board−$17 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 QFEX is 0.073% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL140.410.0032pay 0.0004% / 1h5m 03s$689K$2.5M20x
ShortQFEX SOXL-USD140.330.0004get 0.0000% / 1h5m 03s$259K$266K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.93
Price spread: −0.057% → +0.016%
−$7.32
Slippage, 4 orders
−$10.83
Fee Lighter: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$34.09
Costs to cover
0.208%
Break-even
never at this rate
Slippage from Lighter: live order book, 2 min ago; QFEX: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 2 min ago3.56 bp3.6 bp −$44.7 bp −$4783.6 bp −$8,364doesn't fit
Sell QFEX live order book, 25 min ago1.76 bp6.8 bp −$78.8 bp −$88doesn't fitdoesn't fit

SOXL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SOXLUSDT−0.1437%8h140.54+0.093%$60.1M$125.3M20xas long as short
BloFin SOXL-USDT−0.0019%8h140.46+0.036%$1.2M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.39−0.013%$209K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.27−0.097%$36K$270K10xas long as short
Binance SOXLUSDT0.0000%8h140.39−0.014%$164.4M$1.33B50xas long as short
Bybit SOXLUSDT0.0000%8h140.40−0.007%$47.4M$210.8M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.39−0.014%$25.3M$205.4M20xas long as short
Gate SOXL_USDT0.0000%8h140.38−0.021%$25.8M$46.0M50xas long as short
MEXC SOXL_USDT0.0000%8h140.35−0.043%$14.2M$51.5M200xas long as short
Variational Omni SOXL0.0000%8h140.66+0.178%$2.2M$5.0Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h140.08−0.236%$66K$189K10xas long as short
SunX SOXL-USDT0.0000%8h140.29−0.085%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h140.22−0.135%$115K$959K50xas long as short
Phemex SOXLUSDT0.0000%8h140.32−0.064%$2.4M$1.2M10xas long as short
QFEX SOXL-USDshort+0.0004%1h140.33−0.057%$259K$266K30x
edgeX SOXLUSDC+0.0028%4h139.86−0.393%$174K$328K10xas long as short
Lighter SOXLlong+0.0032%1h140.41long leg$689K$2.5M20x
Lighter RH SOXL+0.0032%1h140.38−0.021%$260K$1.9M20xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.54+0.093%$206K$499K10xas long as short
Kraken Futures PF_SOXLUSD+0.0051%1h140.36−0.036%$82K$292K20xas long as short
tradeXYZ xyz:SOXL+0.0071%1h140.36−0.036%$25.0M$23.7M10xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.36−0.036%$6.7M$10.4M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h140.12−0.207%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.33−0.057%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.31−0.074%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h140.48+0.050%$892K$2.8M10xas long as short
Polymarket Perps SOXL-USD+0.0428%1h140.54+0.093%$3K$269K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0463%1h140.32−0.064%$109K$333K10xas long as short