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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against Lighter RH−0.034%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days−0.074%−$7 · spread now −0.034%, 7d avg −0.056%
Together, before fees−0.026%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board−$3 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 tradeXYZ is 0.022% dearer against Lighter RH than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOXL146.080.0032pay 0.0004% / 1h59m 33s$278K$1.9M20x
ShorttradeXYZ xyz:SOXL146.030.0065get 0.0008% / 1h59m 33s$25.6M$22.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$6.94
Price spread: −0.034% → −0.056%
$2.19
Slippage, 4 orders
−$8.63
Fee Lighter RH: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$17.5
Costs to cover
0.266%
Break-even
24.7 days
Slippage from Lighter RH: live order book, 3 min ago; tradeXYZ: live order book, 10 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, 3 min ago1.37 bp2.5 bp −$311.3 bp −$113doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago1.03 bp10.8 bp −$1113.7 bp −$137doesn'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
Aster SOXLUSDT0.0000%8h146.08+0.003%$237K$1.6M50xas long as short
Bybit SOXLUSDT0.0000%8h146.14+0.041%$52.4M$185.6M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h146.06−0.014%$25.1M$195.8M20xas long as short
Gate SOXL_USDT0.0000%8h146.12+0.027%$27.4M$42.6M50xas long as short
Bitget SOXLUSDT0.0000%8h146.09+0.007%$60.7M$112.5M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h146.10+0.012%$71K$176K10xas long as short
SunX SOXL-USDT0.0000%8h146.01−0.048%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.99−0.062%$184K$569K50xas long as short
Phemex SOXLUSDT0.0000%8h146.00−0.055%$2.5M$1.2M10xas long as short
QFEX SOXL-USD+0.0004%1h146.09+0.007%$270K$266K30xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SOXL+0.0010%8h146.03−0.038%$2.4M$4.8Mas long as short
Kraken Futures PF_SOXLUSD+0.0018%1h145.91−0.119%$88K$304K20xas long as short
Lighter SOXL+0.0032%1h146.12+0.027%$740K$2.5M20xas long as short
Lighter RH SOXLlong+0.0032%1h146.08long leg$278K$1.9M20x
Ondo Perps SOXL-USD.P+0.0050%1h145.91−0.116%$208K$550K10xas long as short
Extended SOXL-USD+0.0056%1h146.09+0.005%$26K$247K10xas long as short
BloFin SOXL-USDT+0.0057%8h146.03−0.034%$1.2M$480K50xas long as short
Binance SOXLUSDT+0.0058%8h146.10+0.014%$171.1M$1.24B50xas long as short
MEXC SOXL_USDT+0.0058%8h146.11+0.021%$14.2M$48.8M200xas long as short
tradeXYZ xyz:SOXLshort+0.0065%1h146.03−0.034%$25.6M$22.9M10x
edgeX SOXLUSDC+0.0078%4h146.02−0.040%$182K$327K10xas long as short
KuCoin SOXLUSDTM+0.0100%8h146.080.000%$7.0M$10.1M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h146.06−0.014%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h146.01−0.048%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h146.00−0.051%$6K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h146.080.000%$921K$2.6M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0161%1h146.06−0.014%$116K$280K10xas long as short
Polymarket Perps SOXL-USD+0.0298%1h146.23+0.103%$3K$269K10xas long as short