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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.011%
Price spread now: SunX against Lighter−0.043%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$720.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.043%, 7d avg +0.063%
Together, before fees−0.143%+ Points / potential airdropLighter: Season 3 · farm board−$14 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 SunX is 0.106% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOXL140.510.0048pay 0.0006% / 1h10m 10s$695K$2.3M20x
ShortSunX SOXL-USDT140.450get 0.0000% / 8h2h 10m$2K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.08
Price spread: −0.043% → +0.063%
−$10.58
Slippage, 4 orders
−$64.01
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$92.68
Costs to cover
0.720%
Break-even
never at this rate
Slippage from Lighter: live order book, 2 min ago; SunX: live order book, 8 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 ago2.85 bp2.9 bp −$35.4 bp −$5495.4 bp −$9,535doesn't fit
Sell SunX live order book, 8 min ago28.98 bp33.0 bp −$3362.2 bp −$622doesn'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−0.2322%8h140.47−0.028%$60.5M$135.4M20xas long as short
BloFin SOXL-USDT−0.0010%8h140.36−0.107%$1.3M$471K50xas long as short
Aster SOXLUSDT0.0000%8h140.46−0.034%$200K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h140.43−0.057%$33K$311K10xas long as short
Binance SOXLUSDT0.0000%8h140.52+0.008%$166.6M$1.43B50xas long as short
Bybit SOXLUSDT0.0000%8h140.55+0.028%$47.1M$224.9M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h140.55+0.028%$26.6M$222.5M20xas long as short
Gate SOXL_USDT0.0000%8h140.49−0.014%$28.1M$48.9M50xas long as short
MEXC SOXL_USDT0.0000%8h140.45−0.043%$16.9M$54.5M200xas long as short
Variational Omni SOXL0.0000%8h140.25−0.185%$1.9M$5.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h139.19−0.939%$65K$202K10xas long as short
SunX SOXL-USDTshort0.0000%8h140.45−0.043%$2K$4.3M10x
HTX SOXL-USDT0.0000%8h140.64+0.093%$92K$1.2M50xas long as short
Phemex SOXLUSDT0.0000%8h140.34−0.121%$2.3M$1.2M10xas long as short
Lighter RH SOXL+0.0032%1h140.49−0.014%$271K$1.7M20xas long as short
Lighter SOXLlong+0.0048%1h140.51long leg$695K$2.3M20x
tradeXYZ xyz:SOXL+0.0050%1h140.40−0.078%$22.5M$29.1M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h140.27−0.171%$219K$508K10xas long as short
QFEX SOXL-USD+0.0053%1h140.24−0.192%$259K$266K30xas long as short
KuCoin SOXLUSDTM+0.0100%8h140.43−0.057%$6.7M$10.7M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h139.52−0.705%$36K$141K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h140.43−0.057%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h140.48−0.023%$5K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0106%1h140.47−0.028%$109K$339K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0184%1h140.43−0.057%$971K$3.2M10xas long as short
Polymarket Perps SOXL-USD+0.0478%1h140.42−0.064%$8K$289K10xas long as short
Kraken Futures PF_SOXLUSD+0.0652%1h140.23−0.202%$83K$296K20xas long as short
edgeX SOXLUSDC+0.0712%4h139.62−0.631%$174K$329K10xas long as short