Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Bullet−0.055%7-day average −0.023% · 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−$16as in the Price arb table
costs, in and out, $10k−$130.129% of the position
Funding, last 3 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.055%, 7d avg −0.023%
=Together, before fees+0.064%+ Points / potential airdropLighter RH: Points live · farm board+$6 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 0.032% cheaper against Bullet than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SOL-USD | 116.59 | 0.0100 | pay 0.0013% / 1h | 49m 34s | $148K | $1.6M | 20x |
| Short | Lighter RH SOL | 116.53 | 0.0096 | get 0.0012% / 1h | 49m 34s | $2.2M | $16.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bullet. 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: −0.055% → −0.023%
- −$3.23
- Slippage, 4 orders
- −$4.94
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$17.02
- Costs to cover
- 0.129%
- Break-even
- never at this rate
Slippage from Bullet: 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 Bullet live order book, 5 min ago | 0.51 bp | 4.6 bp −$5 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.90 bp | 1.0 bp −$1 | 2.7 bp −$27 | 22.7 bp −$2,273 | doesn't fit |
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 | −0.0083% | 1h | 116.50 | −0.083% | — | $602K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.73 | +0.116% | $913 | $8K | 25x | as long as short |
| Hibachi SOL/USDT-P | −0.0024% | 1h | 116.63 | +0.035% | $103K | $700K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.60 | +0.004% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.61 | +0.017% | $1.4M | $18.7M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0001% | 1h | 116.56 | −0.029% | $4.4M | $24.2M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0005% | 1h | 116.61 | +0.014% | $1.3M | $6.2M | 50x | as long as short |
| Derive SOL-PERP | +0.0012% | 1h | 116.51 | −0.072% | $1.9M | $2.8M | 13x | as long as short |
| 01 Exchange SOLUSD | +0.0040% | 1h | 116.56 | −0.029% | $99K | $168K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0064% | 1h | 116.58 | −0.016% | $7.6M | $403.9M | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0075% | 1h | 116.56 | −0.028% | $30.9M | $100.4M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0084% | 1h | 116.62 | +0.022% | $26.3M | $25.2M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0091% | 8h | 116.59 | −0.004% | $1.0M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.55 | −0.040% | $13.0M | $59.6M | 25x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 116.53 | −0.055% | $2.2M | $16.6M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 116.57 | −0.018% | $342K | $236K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.61 | +0.010% | $994K | $530K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.50 | −0.081% | $48K | $858K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.52 | −0.059% | $5.5M | $39.3M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.62 | +0.022% | $706.3M | $395.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.53 | −0.055% | $175.1M | $181.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.59 | −0.002% | $15.7M | $129.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.54 | −0.045% | $963.2M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 116.51 | −0.072% | $792.5M | $1.33B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.56 | −0.029% | $363.9M | $1.66B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.47 | −0.107% | $232K | $852K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.54 | −0.050% | $2.0M | $9.1M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.66 | +0.054% | $133.8M | $20.4M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.55 | −0.038% | $846.8M | $653.3M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.54 | −0.046% | $415.0M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.53 | −0.051% | $126.2M | $216.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 116.51 | −0.070% | $481.3M | $439.3M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 116.51 | −0.071% | — | $365.4M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.54 | −0.046% | $23.3M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.54 | −0.043% | $24.4M | $114.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.65 | +0.048% | $93.7M | $396.9M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.72 | +0.104% | $47.7M | $29.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.60 | +0.005% | $1.3M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.51 | −0.072% | $331K | $2.5M | 20x | as long as short |
| Bullet SOL-USDlong | +0.0100% | 1h | 116.59 | long leg | $148K | $1.6M | 20x | |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.56 | −0.029% | $25K | $29K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.59 | −0.002% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.57 | −0.021% | $6.0M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.64 | +0.043% | $226.2M | $46.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.58 | −0.012% | $45.6M | $101.2M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.47 | −0.106% | $8.0M | $36.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.61 | +0.010% | — | $221.3M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0137% | 1h | 117.56 | +0.828% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0137% | 1h | 116.76 | +0.142% | $6.5M | $13.4M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0190% | 1h | 116.49 | −0.088% | $1.1M | $538K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.67 | +0.065% | $51.9M | $71.9M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 116.61 | +0.011% | $3.5M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.61 | +0.011% | $141K | $3.7M | 8.3x | as long as short |
| Aftermath Perps SOLUSD | +0.0480% | 1h | 116.72 | +0.108% | $25K | $50K | 20x | as long as short |
| RISEx SOL/USDC | +0.0559% | 1h | 116.59 | −0.002% | $1.9M | $4.9M | 20x | as long as short |
Bullet SOL-USD
Lighter RH SOL
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
ApeX Omni SOLUSDT
Derive SOL-PERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Deribit SOL_USDC-PERPETUAL
Lighter SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC