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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0181%/8h= −19.8% APRnext payment $0.23 per $10,000 · paid last 24h −0.058%
Price spread now: Lighter RH against Polymarket Perps−0.159%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$210.212% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.224%−$22 on $10k
Price spread, last 4 days (all we have)−0.777%−$78 · spread now −0.159%, 7d avg −0.013%
Together, before fees−1.001%+ Points / potential airdropLighter RH: Points live · farm board−$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter RH is 0.146% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SOXL-USD138.780.0213pay 0.0027% / 1h33m 05s$9K$292K10x
ShortLighter RH SOXL138.560.0032get 0.0004% / 1h33m 05s$262K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$38.04
Price spread: −0.159% → −0.013%
−$14.58
Slippage, 4 orders
−$13.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$73.8
Costs to cover
0.212%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Lighter RH: live order book, 5 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 Polymarket Perps live order book, 4 min ago3.24 bp7.2 bp −$79.8 bp −$98doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.80 bp3.6 bp −$410.4 bp −$104doesn'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−0.2002%8h138.82+0.029%$60.6M$141.9M20xas long as short
BloFin SOXL-USDT−0.0012%8h138.59−0.137%$1.3M$469K50xas long as short
Aster SOXLUSDT0.0000%8h138.63−0.106%$196K$1.7M50xas long as short
Extended SOXL-USD0.0000%1h138.59−0.135%$52K$353K10xas long as short
Binance SOXLUSDT0.0000%8h138.63−0.108%$163.0M$1.47B50xas long as short
Bybit SOXLUSDT0.0000%8h138.66−0.086%$46.0M$226.0M100xas long as short
OKX SOXL-USDT-SWAP0.0000%8h138.63−0.108%$26.0M$228.2M20xas long as short
Gate SOXL_USDT0.0000%8h138.59−0.137%$27.9M$50.6M50xas long as short
MEXC SOXL_USDT0.0000%8h138.64−0.101%$15.2M$55.1M200xas long as short
Variational Omni SOXL0.0000%8h138.61−0.124%$1.9M$5.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SOXL_USDT_Perp0.0000%8h138.82+0.032%$64K$202K10xas long as short
SunX SOXL-USDT0.0000%8h138.72−0.043%$2K$4.2M10xas long as short
HTX SOXL-USDT0.0000%8h138.80+0.014%$87K$1.3M50xas long as short
Phemex SOXLUSDT0.0000%8h138.58−0.144%$2.3M$1.2M10xas long as short
Lighter RH SOXLshort+0.0032%1h138.56−0.159%$262K$1.7M20x
QFEX SOXL-USD+0.0035%1h138.70−0.058%$256K$264K30xas long as short
Lighter SOXL+0.0040%1h138.59−0.137%$672K$2.4M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h138.54−0.173%$21.0M$30.3M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h138.87+0.065%$211K$460K10xas long as short
Kraken Futures PF_SOXLUSD+0.0072%1h138.63−0.106%$81K$300K20xas long as short
KuCoin SOXLUSDTM+0.0100%8h138.58−0.144%$6.6M$11.0M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h138.74−0.029%$36K$142K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h138.59−0.137%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h138.59−0.136%$5K10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0183%1h138.58−0.144%$108K$358K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0200%1h139.02+0.173%$952K$3.1M10xas long as short
Polymarket Perps SOXL-USDlong+0.0213%1h138.78long leg$9K$292K10x
edgeX SOXLUSDC+0.0292%4h138.81+0.019%$173K$331K10xas long as short