Funding you earn now, next payment 03:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.025%
Price spread now: Coinbase International against Lighter RH+0.028%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.028%, 7d avg −0.001%
=Together, before fees+0.136%+ Points / potential airdropLighter RH: Points live · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.029% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SOXL | 145.18 | 0.0032 | pay 0.0004% / 1h | 7m 26s | $276K | $1.9M | 20x |
| Short | Coinbase International SOXL-PERP-INTX | 145.22 | 0.0152 | get 0.0019% / 1h | 7m 26s | $903K | $2.6M | 10x |
Lighter RH SOXL
Coinbase International SOXL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Lighter RH. 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
- $25.2
- Price spread: +0.028% → −0.001%
- $2.88
- Slippage, 4 orders
- −$10.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $8.06
- Costs to cover
- 0.200%
- Break-even
- 4.8 days
Slippage from Lighter RH: live order book, just now; Coinbase International: live order book, 1 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 RH live order book, just now | 0.69 bp | 2.3 bp −$2 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 2.75 bp | 7.8 bp −$8 | 11.1 bp −$111 | 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 | +0.037% | $88K | $304K | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 145.24 | +0.038% | $233K | $1.6M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 145.19 | +0.006% | $29K | $241K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 145.20 | +0.011% | $169.5M | $1.25B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 145.21 | +0.021% | $50.6M | $189.3M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 145.20 | +0.014% | $24.7M | $197.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 145.18 | 0.000% | $27.2M | $43.3M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 145.19 | +0.007% | $15.1M | $49.7M | 200x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 145.19 | +0.007% | $60.1M | $113.1M | 20x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 145.08 | −0.070% | $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 | +0.055% | $71K | $177K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 145.24 | +0.041% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.28 | +0.069% | $183K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 145.29 | +0.076% | $2.4M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0021% | 1h | 145.20 | +0.014% | $268K | $266K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0029% | 8h | 145.21 | +0.021% | $1.2M | $476K | 50x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 145.21 | +0.021% | $729K | $2.5M | 20x | as long as short |
| Lighter RH SOXLlong | +0.0032% | 1h | 145.18 | long leg | $276K | $1.9M | 20x | |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 145.16 | −0.014% | $25.5M | $22.8M | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.20 | +0.014% | $207K | $489K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 145.20 | +0.014% | $6.9M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 145.26 | +0.055% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 145.18 | 0.000% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 145.16 | −0.012% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTXshort | +0.0152% | 1h | 145.22 | +0.028% | $903K | $2.6M | 10x | |
| Polymarket Perps SOXL-USD | +0.0163% | 1h | 145.34 | +0.110% | $3K | $268K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0163% | 1h | 145.27 | +0.062% | $114K | $291K | 10x | as long as short |
| edgeX SOXLUSDC | +0.0262% | 4h | 145.12 | −0.041% | $181K | $327K | 10x | as long as short |
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Polymarket Perps SOXL-USD
Deribit SOXL_USDC-PERPETUAL
edgeX SOXLUSDC