Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.011%
Price spread now: Lighter against Phemex+0.028%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.028%, 7d avg −0.057%
=Together, before fees+0.315%+ Points / potential airdropLighter: Season 3 · farm board+$31 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 Lighter is 0.085% dearer against Phemex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SOXLUSDT | 141.55 | 0 | get 0.0000% / 8h | 5h 59m | $2.3M | $1.2M | 10x |
| Short | Lighter SOXL | 141.59 | 0.0032 | get 0.0004% / 1h | 59m 37s | $677K | $2.7M | 20x |
Phemex SOXLUSDT
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phemex. 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
- $6.72
- Price spread: +0.028% → −0.057%
- $8.52
- Slippage, 4 orders
- −$83.63
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$80.39
- Costs to cover
- 0.956%
- Break-even
- 90.7 days
Slippage from Phemex: live order book, 2 min ago; Lighter: live order book, 6 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 Phemex live order book, 2 min ago | 2.83 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.84 bp | 4.6 bp −$5 | 7.8 bp −$78 | 81.8 bp −$8,179 | doesn't fit |
SOXL on 28 exchanges
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 | −0.0525% | 8h | 141.40 | −0.106% | $58.8M | $160.5M | 20x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | −0.0032% | 1h | 141.61 | +0.042% | $115K | $385K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | −0.0018% | 1h | 141.38 | −0.120% | $220K | $384K | 10x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.52 | −0.021% | $184K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.41 | −0.102% | $54K | $401K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.52 | −0.021% | $162.1M | $1.63B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.56 | +0.007% | $46.5M | $229.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.44 | −0.078% | $26.6M | $257.7M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.43 | −0.085% | $29.1M | $57.9M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.47 | −0.057% | $17.1M | $60.0M | 200x | as long as short |
Bitget SOXLUSDT
Deribit SOXL_USDC-PERPETUAL
Ondo Perps SOXL-USD.P
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | 0.0000% | 8h | 141.18 | −0.260% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 141.31 | −0.171% | $66K | $196K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 141.66 | +0.078% | $1K | $3.7M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | −0.127% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDTlong | 0.0000% | 8h | 141.55 | long leg | $2.3M | $1.2M | 10x | |
| BloFin SOXL-USDT | +0.0021% | 8h | 141.09 | −0.325% | $1.2M | $508K | 50x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 141.59 | +0.028% | $677K | $2.7M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 141.42 | −0.092% | $272K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.60 | +0.035% | $22.1M | $32.8M | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 141.54 | −0.007% | $9K | $289K | 10x | as long as short |
| QFEX SOXL-USD | +0.0057% | 1h | 141.67 | +0.085% | $262K | $257K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.54 | −0.007% | $6.5M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 140.79 | −0.537% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.61 | +0.042% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.61 | +0.041% | $5K | — | 10x | as long as short |
| edgeX SOXLUSDC | +0.0159% | 4h | 140.81 | −0.523% | $175K | $334K | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 141.62 | +0.049% | $870K | $3.4M | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0954% | 1h | 141.37 | −0.128% | $87K | $379K | 20x | as long as short |
Variational Omni SOXL
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Polymarket Perps SOXL-USD
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
edgeX SOXLUSDC
Coinbase International SOXL-PERP-INTX
Kraken Futures PF_SOXLUSD