Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Bulk+0.157%7-day average −0.001% · 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−$1as in the Price arb table
costs, in and out, $10k−$170.166% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.157%, 7d avg −0.001%
=Together, before fees−0.167%+ Points / potential airdropLighter: Season 3 · farm board−$17 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 is 0.158% dearer against Bulk than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk SOL-USD | 118.55 | 0.0100 | pay 0.0013% / 1h | 8m 52s | $132.6M | $13.8M | 20x |
| Short | Lighter SOL | 118.74 | 0.0096 | get 0.0012% / 1h | 8m 52s | $13.5M | $52.5M | 25x |
Bulk SOL-USD
Lighter SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bulk. 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
- −$0.84
- Price spread: +0.157% → −0.001%
- $15.78
- Slippage, 4 orders
- −$9.57
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.63
- Costs to cover
- 0.166%
- Break-even
- never at this rate
Slippage from Bulk: live order book, just now; Lighter: live order book, 5 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 Bulk live order book, just now | 4.21 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$771 | 7.7 bp −$3,853 |
| Sell Lighter live order book, 5 min ago | 0.25 bp | 0.6 bp −$1 | 2.3 bp −$23 | 7.1 bp −$712 | 25.1 bp −$12.6K |
SOL on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SOL-PERP | −0.0088% | 1h | 118.68 | +0.109% | — | $731K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.67 | +0.098% | $841 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0072% | 1h | 118.66 | +0.089% | $24K | $48K | 20x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 118.67 | +0.105% | $2.0M | $3.2M | 13x | as long as short |
| dYdX SOL-USD | −0.0011% | 1h | 118.70 | +0.127% | $4.8M | $26.7M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.77 | +0.181% | $49K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.76 | +0.174% | $1.2M | $21.0M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.75 | +0.165% | $194K | $4.1M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0030% | 1h | 118.81 | +0.215% | $26.6M | $27.9M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0032% | 1h | 118.77 | +0.186% | $104K | $154K | 20x | as long as short |
Vest SOL-PERP
Hotstuff SOL-PERP
Aftermath Perps SOLUSD
Derive SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0053% | 8h | 118.68 | +0.107% | $231.3M | $43.6M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0055% | 8h | 118.77 | +0.184% | $1.1M | $5.8M | 100x | as long as short |
| Gate SOL_USDT | +0.0077% | 8h | 118.80 | +0.211% | $855.4M | $683.0M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0077% | 8h | 118.83 | +0.240% | $146.5M | $193.6M | 75x | as long as short |
| ApeX Omni SOLUSDT | +0.0080% | 1h | 118.63 | +0.070% | $1.5M | $6.3M | 50x | as long as short |
| Bitget SOLUSDT | +0.0093% | 8h | 118.80 | +0.212% | $496.4M | $450.5M | 100x | as long as short |
| Lighter SOLshort | +0.0096% | 1h | 118.74 | +0.157% | $13.5M | $52.5M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 118.75 | +0.167% | $2.0M | $17.1M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.74 | +0.161% | $353K | $749K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.72 | +0.141% | $1.0M | $525K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.71 | +0.135% | $47K | $782K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.72 | +0.139% | $5.6M | $40.8M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.87 | +0.270% | $716.6M | $440.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.79 | +0.205% | $179.7M | $174.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.73 | +0.154% | $12.4M | $112.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.79 | +0.206% | $976.0M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.81 | +0.222% | $820.5M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.79 | +0.202% | $365.7M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.68 | +0.110% | $232K | $865K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.76 | +0.179% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USDlong | +0.0100% | 1h | 118.55 | long leg | $132.6M | $13.8M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 118.80 | +0.211% | $478.5M | $1.07B | 300x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 118.80 | +0.214% | — | $10.4M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.80 | +0.211% | $24.1M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.65 | +0.084% | $27.5M | $125.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.63 | +0.064% | $95.3M | $393.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.70 | +0.127% | $48.5M | $33.4M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.68 | +0.110% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.76 | +0.177% | $363K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.74 | +0.158% | $200K | $1.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.74 | +0.164% | $37K | $14K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.72 | +0.146% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.72 | +0.143% | $6.2M | $10.9M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.75 | +0.169% | $46.3M | $99.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.79 | +0.201% | $8.7M | $37.5M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0104% | 1h | 118.81 | +0.217% | $8.0M | $412.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.72 | +0.144% | — | $217.2M | 500x | as long as short |
| Hibachi SOL/USDT-P | +0.0128% | 1h | 118.67 | +0.098% | $125K | $602K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0131% | 1h | 118.78 | +0.191% | $36.1M | $90.5M | 100x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 118.86 | +0.261% | $7.3M | $11.3M | 25x | as long as short |
| RISEx SOL/USDC | +0.0160% | 1h | 118.74 | +0.162% | $1.6M | $6.5M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 118.75 | +0.167% | $1.1M | $556K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.72 | +0.143% | $51.7M | $90.2M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0239% / S −0.0181% | 1h | 118.77 | +0.182% | $3.6M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0533% | 1h | 118.68 | +0.110% | $4K | $2K | 12x | as long as short |
HTX SOL-USDT
Orderly PERP_SOL_USDC
Gate SOL_USDT
KuCoin SOLUSDTM
ApeX Omni SOLUSDT
Bitget SOLUSDT
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
MEXC SOL_USDT
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Hibachi SOL/USDT-P
Kraken Futures PF_SOLUSD
Phoenix SOL
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP