SOXL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0669%/8h= +73.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.033%

Price spread now: Deribit against Lighter RH+0.308%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$4as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on Lighter RH Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.486%−$49 · spread now +0.308%, 7d avg 0.000%

Together, before fees−0.426%+ Points / potential airdropLighter RH: Points live · farm board−$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Deribit is 0.308% dearer against Lighter RH than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of 0.000%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.060% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SOXL	136.43	0.0032	pay 0.0004% / 1h	34m 25s	$231K	$1.7M	20x
Short	Deribit SOXL_USDC-PERPETUAL	136.85	0.0701	get 0.0088% / 1h	34m 25s	$109K	$387K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee DeribitbpOrdersPrice spread, now +0.308%Rate

Funding earned: $140.46
Price spread: +0.308% → 0.000%: $30.78
Slippage, 4 orders: −$27.98
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $136.26
Costs to cover: 0.350%
Break-even: 0.2 days

Slippage from Lighter RH: live order book, 3 min ago; Deribit: live order book, 64 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, 3 min ago	1.10 bp	2.5 bp −$2	9.3 bp −$93	doesn't fit	doesn't fit
Sell Deribit live order book, 64 min ago	8.65 bp	14.8 bp −$15	16.8 bp −$168	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
Bitget SOXLUSDT	−0.1560%	8h	136.62	+0.139%	$58.1M	$146.2M	20x	as long as short
Kraken Futures PF_SOXLUSD	−0.0121%	1h	136.65	+0.165%	$77K	$317K	20x	as long as short
Aster SOXLUSDT	0.0000%	8h	136.40	−0.018%	$181K	$1.6M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	136.43	+0.003%	$70K	$364K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	136.54	+0.081%	$161.0M	$1.49B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	136.61	+0.132%	$45.5M	$222.7M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	136.80	+0.271%	$25.3M	$228.0M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	136.46	+0.022%	$28.8M	$51.2M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	136.35	−0.059%	$21.3M	$56.8M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	136.57	+0.104%	$1.8M	$5.6M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SOXL_USDT_Perp	0.0000%	8h	136.90	+0.343%	$63K	$194K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	136.40	−0.022%	$1K	$3.9M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	136.67	+0.176%	$86K	$1.2M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	136.70	+0.198%	$2.3M	$1.2M	10x	as long as short
QFEX SOXL-USD	+0.0022%	1h	136.44	+0.007%	$252K	$264K	30x	as long as short
BloFin SOXL-USDT	+0.0027%	8h	136.56	+0.095%	$1.2M	$491K	50x	as long as short
Lighter SOXL	+0.0032%	1h	136.55	+0.088%	$653K	$2.5M	20x	as long as short
Lighter RH SOXLlong	+0.0032%	1h	136.43	long leg	$231K	$1.7M	20x
tradeXYZ xyz:SOXL	+0.0050%	1h	136.29	−0.103%	$20.1M	$29.8M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0050%	1h	136.27	−0.117%	$9K	$291K	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	136.65	+0.161%	$208K	$420K	10x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	136.41	−0.015%	$6.3M	$10.7M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	136.81	+0.279%	$36K	$144K	50x	as long as short
Orderly PERP_SOXL_USDC_mythos	+0.0100%	8h	136.51	+0.059%	$1K	$5K	20x	as long as short
Aevo SOXL-PERP	+0.0104%	1h	136.48	+0.040%	$5K	—	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0208%	1h	137.34	+0.667%	$930K	$3.0M	10x	as long as short
edgeX SOXLUSDC	+0.0631%	4h	136.94	+0.376%	$170K	$332K	10x	as long as short
Deribit SOXL_USDC-PERPETUALshort	+0.0701%	1h	136.85	+0.308%	$109K	$387K	10x