Funding arb · Price arb /

SOXL

RWAall SOXL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: Orderly against Lighter RH−0.036%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.036% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 42 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SOXL	138.64	0.0032	pay 0.0004% / 1h	32m 31s	$262K	$1.7M	20x
Short	Orderly PERP_SOXL_USDC_mythos	138.59	0.0100	get 0.0100% / 8h	32m 31s	$1K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.036%Rate

Funding earned: $14.28
Price spread: −0.036% → 0.000%: −$3.61
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $4.67
Costs to cover: 0.060%
Break-even: 4.7 days

Slippage unknown: Lighter RH: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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, 5 min ago	1.80 bp	1.8 bp −$2	11.7 bp −$117	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.2000%	8h	138.85	+0.151%	$60.6M	$141.9M	20x	as long as short
BloFin SOXL-USDT	−0.0012%	8h	138.59	−0.036%	$1.3M	$469K	50x	as long as short
Aster SOXLUSDT	0.0000%	8h	138.57	−0.052%	$196K	$1.7M	50x	as long as short
Extended SOXL-USD	0.0000%	1h	138.64	+0.002%	$52K	$353K	10x	as long as short
Binance SOXLUSDT	0.0000%	8h	138.60	−0.028%	$163.0M	$1.47B	50x	as long as short
Bybit SOXLUSDT	0.0000%	8h	138.62	−0.014%	$46.0M	$226.0M	100x	as long as short
OKX SOXL-USDT-SWAP	0.0000%	8h	138.58	−0.043%	$25.9M	$228.1M	20x	as long as short
Gate SOXL_USDT	0.0000%	8h	138.64	0.000%	$27.9M	$50.6M	50x	as long as short
MEXC SOXL_USDT	0.0000%	8h	138.60	−0.029%	$15.2M	$55.1M	200x	as long as short
Variational Omni SOXL	0.0000%	8h	138.61	−0.023%	$1.9M	$5.5M	—	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	138.82	+0.133%	$64K	$202K	10x	as long as short
SunX SOXL-USDT	0.0000%	8h	138.72	+0.058%	$2K	$4.2M	10x	as long as short
HTX SOXL-USDT	0.0000%	8h	138.80	+0.115%	$87K	$1.3M	50x	as long as short
Phemex SOXLUSDT	0.0000%	8h	138.58	−0.043%	$2.3M	$1.2M	10x	as long as short
Lighter RH SOXLlong	+0.0032%	1h	138.64	long leg	$262K	$1.7M	20x
QFEX SOXL-USD	+0.0035%	1h	138.64	0.000%	$256K	$264K	30x	as long as short
Lighter SOXL	+0.0040%	1h	138.70	+0.043%	$673K	$2.4M	20x	as long as short
tradeXYZ xyz:SOXL	+0.0050%	1h	138.47	−0.123%	$21.0M	$30.3M	10x	as long as short
Ondo Perps SOXL-USD.P	+0.0050%	1h	138.48	−0.115%	$211K	$459K	10x	as long as short
Kraken Futures PF_SOXLUSD	+0.0072%	1h	138.63	−0.005%	$81K	$300K	20x	as long as short
KuCoin SOXLUSDTM	+0.0100%	8h	138.65	+0.007%	$6.6M	$11.0M	20x	as long as short
ApeX Omni SOXLUSDT	+0.0100%	1h	138.74	+0.072%	$36K	$142K	50x	as long as short
Orderly PERP_SOXL_USDC_mythosshort	+0.0100%	8h	138.59	−0.036%	$1K	$5K	20x
Aevo SOXL-PERP	+0.0104%	1h	138.59	−0.036%	$5K	—	10x	as long as short
Deribit SOXL_USDC-PERPETUAL	+0.0183%	1h	138.58	−0.043%	$108K	$358K	10x	as long as short
Coinbase International SOXL-PERP-INTX	+0.0200%	1h	139.02	+0.274%	$952K	$3.1M	10x	as long as short
Polymarket Perps SOXL-USD	+0.0208%	1h	138.67	+0.022%	$9K	$292K	10x	as long as short
edgeX SOXLUSDC	+0.0292%	4h	138.81	+0.120%	$173K	$331K	10x	as long as short