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

SOXL

RWAall SOXL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: Lighter against QFEX+0.048%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.048%, 7d avg −0.017%
Together, before fees+0.107%+ Points / potential airdropLighter: Season 3 · farm board+$11 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 0.065% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SOXL-USD145.230.0004pay 0.0001% / 1h50m 55s$269K$271K30x
ShortLighter SOXL145.300.0032get 0.0004% / 1h50m 55s$812K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. 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
$5.78
Price spread: +0.048% → −0.017%
$6.5
Slippage, 4 orders
−$8.28
Fee QFEX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$6
Costs to cover
0.183%
Break-even
14.3 days
Slippage from QFEX: live order book, 63 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 63 min ago1.71 bp6.7 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago1.38 bp3.4 bp −$35.1 bp −$5193.1 bp −$9,312doesn't fit

SOXL on 27 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%8h145.27+0.029%$247K$1.5M50xas long as short
Bybit SOXLUSDT0.0000%8h145.34+0.076%$52.1M$185.0M100xas long as short
Gate SOXL_USDT0.0000%8h145.26+0.021%$27.2M$42.2M50xas long as short
Bitget SOXLUSDT0.0000%8h145.22−0.007%$60.2M$112.0M20xas long as short
GRVT SOXL_USDT_Perp0.0000%8h145.29+0.044%$70K$175K10xas long as short
SunX SOXL-USDT0.0000%8h145.24+0.007%$1K$4.3M10xas long as short
HTX SOXL-USDT0.0000%8h145.30+0.048%$184K$578K50xas long as short
Phemex SOXLUSDT0.0000%8h145.33+0.069%$2.5M$1.2M10xas long as short
QFEX SOXL-USDlong+0.0004%1h145.23long leg$269K$271K30x
OKX SOXL-USDT-SWAP+0.0014%8h145.30+0.048%$24.7M$192.1M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOXLUSD+0.0018%1h145.12−0.075%$88K$304K20xas long as short
Lighter SOXLshort+0.0032%1h145.30+0.048%$812K$2.4M20x
Lighter RH SOXL+0.0032%1h145.34+0.076%$359K$1.7M20xas long as short
tradeXYZ xyz:SOXL+0.0050%1h145.20−0.021%$25.4M$22.8M10xas long as short
Ondo Perps SOXL-USD.P+0.0050%1h145.05−0.124%$207K$619K10xas long as short
Variational Omni SOXL+0.0084%8h145.23−0.002%$2.4M$4.8Mas long as short
KuCoin SOXLUSDTM+0.0100%8h145.25+0.014%$6.9M$10.3M20xas long as short
ApeX Omni SOXLUSDT+0.0100%1h145.24+0.007%$38K$143K50xas long as short
Orderly PERP_SOXL_USDC_mythos+0.0100%8h145.25+0.014%$1K$5K20xas long as short
Aevo SOXL-PERP+0.0104%1h145.25+0.015%$6K10xas long as short
Binance SOXLUSDT+0.0124%8h145.27+0.026%$169.5M$1.23B50xas long as short
MEXC SOXL_USDT+0.0126%8h145.26+0.021%$15.6M$48.7M200xas long as short
Extended SOXL-USD+0.0128%1h145.22−0.006%$25K$241K10xas long as short
Coinbase International SOXL-PERP-INTX+0.0160%1h145.41+0.124%$804K$2.5M10xas long as short
Deribit SOXL_USDC-PERPETUAL+0.0232%1h145.28+0.034%$117K$285K10xas long as short
Polymarket Perps SOXL-USD+0.0298%1h145.38+0.103%$3K$269K10xas long as short
edgeX SOXLUSDC+0.0671%4h145.24+0.010%$181K$324K10xas long as short