Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter against Polymarket Perps+0.156%45s7-day average −0.042% · 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—prices read too far apart to compare
costs, in and out, $10k−$190.190% of the position
Funding, last 6 days (all we have)−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.156%, 7d avg −0.042%
=Together, before fees−0.494%+ Points / potential airdropLighter: Season 3 · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.198% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of −0.042%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 37 days. At the pace of the last 6 days (−0.148% in total) that is about 7.7 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SOXL-USD | 141.30 | 0.0050 | pay 0.0006% / 1h | 43m 41s | $13K | $293K | 10x |
| Short | Lighter SOXL | 141.52 | 0.0032 | get 0.0004% / 1h | 43m 41s | $680K | $2.7M | 20x |
Polymarket Perps SOXL-USD
Lighter SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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
- −$3.78
- Price spread: +0.156% → −0.042%
- $19.8
- Slippage, 4 orders
- −$11.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.02
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage from Polymarket Perps: live order book, 2 min ago; Lighter: live order book, 7 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 Polymarket Perps live order book, 2 min ago | 3.54 bp | 8.9 bp −$9 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.35 bp | 1.2 bp −$1 | 3.0 bp −$30 | 78.3 bp −$7,833 | 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 | −0.0413% | 8h | 141.57 | +0.191% | $59.5M | $163.0M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 141.48 | +0.129% | $181K | $1.4M | 50x | as long as short |
| Extended SOXL-USD | 0.0000% | 1h | 141.42 | +0.087% | $41K | $445K | 10x | as long as short |
| Binance SOXLUSDT | 0.0000% | 8h | 141.49 | +0.137% | $162.7M | $1.66B | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 141.56 | +0.184% | $45.3M | $231.2M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 141.51 | +0.149% | $25.6M | $262.2M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 141.53 | +0.163% | $28.2M | $60.0M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 141.50 | +0.142% | $20.6M | $60.8M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 141.65 | +0.247% | $1.9M | $5.6M | — | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 142.07 | +0.545% | $66K | $197K | 10x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Extended SOXL-USD
Binance SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
GRVT SOXL_USDT_PerpShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SOXL-USDT | 0.0000% | 8h | 141.49 | +0.134% | $1K | $3.7M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | 0.0000% | 1h | 141.51 | +0.149% | $115K | $381K | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 141.37 | +0.050% | $89K | $1.2M | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 141.47 | +0.120% | $2.3M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0022% | 1h | 141.23 | −0.050% | $261K | $257K | 30x | as long as short |
| BloFin SOXL-USDT | +0.0024% | 8h | 141.44 | +0.099% | $1.3M | $506K | 50x | as long as short |
| Lighter SOXLshort | +0.0032% | 1h | 141.52 | +0.156% | $680K | $2.7M | 20x | |
| Lighter RH SOXL | +0.0032% | 1h | 141.49 | +0.134% | $262K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0050% | 1h | 141.52 | +0.156% | $22.1M | $33.2M | 10x | as long as short |
| Polymarket Perps SOXL-USDlong | +0.0050% | 1h | 141.30 | long leg | $13K | $293K | 10x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 141.41 | +0.078% | $206K | $398K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 141.50 | +0.142% | $6.4M | $10.3M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 142.01 | +0.502% | $37K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 141.48 | +0.127% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 141.47 | +0.118% | $5K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0200% | 1h | 142.21 | +0.644% | $827K | $3.4M | 10x | as long as short |
| edgeX SOXLUSDC | +0.0403% | 4h | 141.93 | +0.444% | $176K | $335K | 10x | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0513% | 1h | 140.99 | −0.221% | $88K | $380K | 20x | as long as short |
SunX SOXL-USDT
Deribit SOXL_USDC-PERPETUAL
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USD
BloFin SOXL-USDT
Lighter RH SOXL
tradeXYZ xyz:SOXL
Ondo Perps SOXL-USD.P
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
edgeX SOXLUSDC
Kraken Futures PF_SOXLUSD