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: Lighter RH against tradeXYZ+0.034%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.266% of the position
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 airdroptradeXYZ: Active · Lighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.022% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SOXL | 146.03 | 0.0065 | pay 0.0008% / 1h | 59m 27s | $25.6M | $22.9M | 10x |
| Short | Lighter RH SOXL | 146.08 | 0.0032 | get 0.0004% / 1h | 59m 27s | $278K | $1.9M | 20x |
tradeXYZ xyz:SOXL
Lighter RH SOXLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against tradeXYZ. 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
- −$6.94
- Price spread: +0.034% → +0.056%
- −$2.19
- Slippage, 4 orders
- −$8.63
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$35.76
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Lighter RH: live order book, 3 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 tradeXYZ live order book, 10 min ago | 1.03 bp | 10.8 bp −$11 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.37 bp | 2.5 bp −$2 | 8.1 bp −$81 | doesn't fit | doesn't fit |
SOXL on 28 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SOXLUSDT | 0.0000% | 8h | 146.08 | +0.037% | $237K | $1.6M | 50x | as long as short |
| Bybit SOXLUSDT | 0.0000% | 8h | 146.14 | +0.075% | $52.4M | $185.6M | 100x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 146.06 | +0.021% | $25.1M | $195.8M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 146.12 | +0.062% | $27.4M | $42.6M | 50x | as long as short |
| Bitget SOXLUSDT | 0.0000% | 8h | 146.09 | +0.041% | $60.7M | $112.5M | 20x | as long as short |
| GRVT SOXL_USDT_Perp | 0.0000% | 8h | 146.10 | +0.046% | $71K | $176K | 10x | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 146.01 | −0.014% | $1K | $4.3M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 145.99 | −0.027% | $184K | $569K | 50x | as long as short |
| Phemex SOXLUSDT | 0.0000% | 8h | 146.00 | −0.021% | $2.5M | $1.2M | 10x | as long as short |
| QFEX SOXL-USD | +0.0004% | 1h | 146.09 | +0.041% | $270K | $266K | 30x | as long as short |
Aster SOXLUSDT
Bybit SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
Bitget SOXLUSDT
GRVT SOXL_USDT_Perp
SunX SOXL-USDT
HTX SOXL-USDT
Phemex SOXLUSDT
QFEX SOXL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOXL | +0.0010% | 8h | 146.03 | −0.003% | $2.4M | $4.8M | — | as long as short |
| Kraken Futures PF_SOXLUSD | +0.0018% | 1h | 145.91 | −0.085% | $88K | $304K | 20x | as long as short |
| Lighter SOXL | +0.0032% | 1h | 146.12 | +0.062% | $740K | $2.5M | 20x | as long as short |
| Lighter RH SOXLshort | +0.0032% | 1h | 146.08 | +0.034% | $278K | $1.9M | 20x | |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 145.91 | −0.082% | $208K | $550K | 10x | as long as short |
| Extended SOXL-USD | +0.0056% | 1h | 146.09 | +0.039% | $26K | $247K | 10x | as long as short |
| BloFin SOXL-USDT | +0.0057% | 8h | 146.03 | 0.000% | $1.2M | $480K | 50x | as long as short |
| Binance SOXLUSDT | +0.0058% | 8h | 146.10 | +0.048% | $171.1M | $1.24B | 50x | as long as short |
| MEXC SOXL_USDT | +0.0058% | 8h | 146.11 | +0.055% | $14.2M | $48.8M | 200x | as long as short |
| tradeXYZ xyz:SOXLlong | +0.0065% | 1h | 146.03 | long leg | $25.6M | $22.9M | 10x | |
| edgeX SOXLUSDC | +0.0078% | 4h | 146.02 | −0.005% | $182K | $327K | 10x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 146.08 | +0.034% | $7.0M | $10.1M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 146.06 | +0.021% | $38K | $143K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 146.01 | −0.014% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 146.00 | −0.017% | $6K | — | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0160% | 1h | 146.08 | +0.034% | $921K | $2.6M | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUAL | +0.0161% | 1h | 146.06 | +0.021% | $116K | $280K | 10x | as long as short |
| Polymarket Perps SOXL-USD | +0.0298% | 1h | 146.23 | +0.137% | $3K | $269K | 10x | as long as short |
Variational Omni SOXL
Kraken Futures PF_SOXLUSD
Lighter SOXL
Ondo Perps SOXL-USD.P
Extended SOXL-USD
BloFin SOXL-USDT
Binance SOXLUSDT
MEXC SOXL_USDT
edgeX SOXLUSDC
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Coinbase International SOXL-PERP-INTX
Deribit SOXL_USDC-PERPETUAL
Polymarket Perps SOXL-USD