SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter RH against Arcus−0.005%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$80.080% of the position

Long on Arcus Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 7 days−0.032%−$3 · spread now −0.005%, 7d avg −0.028%

Together, before fees−0.037%+ Points / potential airdropLighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.023% dearer against Arcus than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SOL-USD	117.90	0.0100	pay 0.0013% / 1h	29m 38s	$2.0M	$9.1M	20x
Short	Lighter RH SOL	117.89	0.0096	get 0.0012% / 1h	29m 38s	$2.2M	$16.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee Lighter RHbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$0.84
Price spread: −0.005% → −0.028%: $2.29
Slippage, 4 orders: −$3.49
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$6.53
Costs to cover: 0.080%
Break-even: never at this rate

Slippage from Arcus: live order book, 5 min ago; Lighter RH: live order book, 4 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 Arcus live order book, 5 min ago	0.21 bp	3.3 bp −$3	4.0 bp −$40	11.4 bp −$1,144	doesn't fit
Sell Lighter RH live order book, 4 min ago	0.60 bp	0.9 bp −$1	2.0 bp −$20	17.5 bp −$1,753	doesn't fit

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.76	−0.116%	$921	$8K	25x	as long as short
Vest SOL-PERP	−0.0071%	1h	117.75	−0.125%	—	$607K	20x	as long as short
Hibachi SOL/USDT-P	−0.0056%	1h	117.84	−0.053%	$92K	$692K	20x	as long as short
Derive SOL-PERP	−0.0049%	1h	117.78	−0.099%	$2.0M	$2.8M	13x	as long as short
ApeX Omni SOLUSDT	−0.0019%	1h	117.75	−0.127%	$1.5M	$6.0M	50x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.85	−0.042%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.93	+0.025%	$4.5M	$24.3M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.81	−0.074%	$1.4M	$21.2M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.86	−0.033%	$129K	$3.9M	8.3x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.87	−0.028%	$2.0M	$4.6M	20x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0020%	8h	117.81	−0.075%	$229.0M	$45.6M	75x	as long as short
Gate SOL_USDT	+0.0034%	8h	117.89	−0.008%	$854.3M	$660.5M	100x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.89	−0.005%	$31.6M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.89	−0.004%	$8.0M	$410.6M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0075%	1h	117.92	+0.017%	$26.4M	$25.5M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.91	+0.009%	—	$370.0M	—	as long as short
Orderly PERP_SOL_USDC	+0.0086%	8h	117.88	−0.014%	$1.1M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.91	+0.008%	$13.1M	$59.7M	25x	as long as short
Lighter RH SOLshort	+0.0096%	1h	117.89	−0.005%	$2.2M	$16.8M	25x
01 Exchange SOLUSD	+0.0096%	1h	117.92	+0.017%	$103K	$160K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.88	−0.020%	$345K	$259K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.94	+0.032%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.84	−0.051%	$63K	$853K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.86	−0.034%	$5.7M	$41.7M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.92	+0.015%	$177.1M	$180.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.94	+0.036%	$14.4M	$128.9M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.90	+0.001%	$972.8M	$3.81B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.90	0.000%	$821.7M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.88	−0.017%	$366.3M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.88	−0.017%	$238K	$893K	10x	as long as short
Arcus SOL-USDlong	+0.0100%	1h	117.90	long leg	$2.0M	$9.1M	20x
Bulk SOL-USD	+0.0100%	1h	117.55	−0.294%	$134.7M	$14.2M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.90	0.000%	$424.1M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.91	+0.008%	$131.6M	$210.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.86	−0.036%	$487.8M	$441.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.91	+0.008%	$23.8M	$37.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.72	−0.155%	$24.4M	$125.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.73	−0.147%	$94.6M	$406.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.61	−0.247%	$48.2M	$29.7M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.81	−0.076%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.83	−0.059%	$358K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.84	−0.054%	$201K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.86	−0.033%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.86	−0.036%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.89	−0.008%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.88	−0.017%	$45.9M	$101.7M	50x	as long as short
Phoenix SOL	+0.0101%	1h	117.89	−0.008%	$6.5M	$13.5M	25x	as long as short
Hyperliquid SOL	+0.0103%	1h	118.02	+0.102%	$720.8M	$402.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.85	−0.044%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.72	−0.156%	—	$227.1M	500x	as long as short
Reya SOLRUSDPERP	+0.0188%	1h	117.82	−0.069%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.254%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0172%	1h	117.84	−0.051%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0314%	1h	117.75	−0.128%	$25K	$51K	20x	as long as short