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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.053%
Price spread now: Kraken Futures against Lighter RH+0.084%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$640.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.231%−$23 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.084%, 7d avg −0.077%
Together, before fees−0.428%+ 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 +$1 a day on $10k at the current rate, and Kraken Futures is 0.161% dearer against Lighter RH than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.077%. Mind the row above: over the last 7 days funding on this pair cost −0.231%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOXL142.020.0032pay 0.0004% / 1h37m 07s$267K$1.9M20x
ShortKraken Futures PF_SOXLUSD142.140.0050get 0.0006% / 1h37m 07s$86K$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$3.82
Price spread: +0.084% → −0.077%
$16.13
Slippage, 4 orders
−$53.59
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$43.65
Costs to cover
0.636%
Break-even
87.0 days
Slippage from Lighter RH: live order book, 1 min ago; Kraken Futures: live order book, 16 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 RH live order book, 1 min ago2.11 bp2.9 bp −$317.1 bp −$171doesn't fitdoesn't fit
Sell Kraken Futures live order book, 16 min ago5.21 bp17.1 bp −$17doesn't fitdoesn'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−0.0099%8h142.09+0.049%$58.7M$116.7M20xas long as short
Aster SOXLUSDT0.0000%8h141.90−0.085%$228K$1.6M50xas long as short
Extended SOXL-USD0.0000%1h142.07+0.033%$31K$267K10xas long as short
Binance SOXLUSDT0.0000%8h142.14+0.083%$164.4M$1.28B50xas long as short
Bybit SOXLUSDT0.0000%8h142.10+0.056%$47.5M$198.4M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h142.10+0.056%$24.1M$199.1M20xas long as short
Gate SOXL_USDT0.0000%8h141.96−0.042%$26.2M$44.0M50xas long as short
MEXC SOXL_USDT0.0000%8h142.14+0.084%$14.4M$50.0M200xas long as short
Variational Omni SOXL0.0000%8h142.84+0.577%$2.2M$4.8Mas long as short
GRVT SOXL_USDT_Perp0.0000%8h142.02−0.002%$67K$180K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SOXL-USDT0.0000%8h142.19+0.120%$2K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h141.82−0.141%$177K$584K50xas long as short
Phemex SOXLUSDT0.0000%8h142.20+0.127%$2.4M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h141.75−0.190%$262K$266K30xas long as short
BloFin SOXL-USDT+0.0017%8h142.12+0.070%$1.2M$469K50xas long as short
Lighter SOXL+0.0032%1h142.07+0.035%$701K$2.5M20xas long as short
Lighter RH SOXLlong+0.0032%1h142.02long leg$267K$1.9M20x
tradeXYZ xyz:SOXL+0.0050%1h142.00−0.014%$24.9M$23.0M10xas long as short
Kraken Futures PF_SOXLUSDshort+0.0050%1h142.14+0.084%$86K$287K20x
Ondo Perps SOXL-USD.P+0.0050%1h141.81−0.148%$200K$503K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h142.08+0.042%$6.8M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h141.95−0.049%$37K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h141.97−0.035%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h142.020.000%$5K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0120%1h141.97−0.035%$806K$2.7M10xas long as short
Polymarket Perps SOXL-USD+0.0226%1h142.12+0.070%$3K$268K10xas long as short
edgeX SOXLUSDC+0.0726%4h142.06+0.028%$177K$328K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0736%1h142.15+0.092%$111K$316K10xas long as short