Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%
Price spread now: Lighter RH against Kalshi+0.025%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$180.180% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now +0.025%, 7d avg −0.023%
=Together, before fees−0.015%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.048% dearer against Kalshi than usual: you sell high and buy low: +$5 more if the spread 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 | Kalshi KXSOLPERP | 118.99 | 0 | get 0.0000% / 8h | 3h 37m | $1.2M | $20.3M | 3.1x |
| Short | Lighter RH SOL | 119.02 | 0.0096 | get 0.0012% / 1h | 37m 00s | $2.2M | $16.8M | 25x |
Kalshi KXSOLPERP
Lighter RH SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Kalshi. 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
- $20.16
- Price spread: +0.025% → −0.023%
- $4.81
- Slippage, 4 orders
- −$7.98
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $6.99
- Costs to cover
- 0.180%
- Break-even
- 4.6 days
Slippage from Kalshi: live order book, 2 min ago; Lighter RH: live order book, 2 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 Kalshi live order book, 2 min ago | 1.01 bp | 7.5 bp −$7 | 11.2 bp −$112 | 16.5 bp −$1,651 | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.88 bp | 0.9 bp −$1 | 2.1 bp −$21 | 18.1 bp −$1,806 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.95 | −0.032% | $843 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0077% | 1h | 118.91 | −0.065% | — | $610K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.95 | −0.030% | $2.0M | $2.7M | 13x | as long as short |
| HTX SOL-USDT | −0.0015% | 8h | 118.94 | −0.042% | $231.4M | $44.0M | 75x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 119.05 | +0.049% | $32.4M | $96.7M | 100x | as long as short |
| dYdX SOL-USD | −0.0007% | 1h | 118.96 | −0.023% | $4.9M | $25.9M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.04 | +0.044% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERPlong | 0.0000% | 8h | 118.99 | long leg | $1.2M | $20.3M | 3.1x | |
| Perpl SOL | 0.0000% | 43m | 118.99 | +0.001% | $154K | $3.9M | 8.3x | as long as short |
| Phemex SOLUSDT | +0.0036% | 8h | 119.00 | +0.010% | $46.6M | $100.7M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
HTX SOL-USDT
Kraken Futures PF_SOLUSD
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Perpl SOL
Phemex SOLUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0040% | 1h | 118.99 | +0.002% | $104K | $159K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 118.86 | −0.104% | $121K | $632K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.00 | +0.013% | — | $10.5M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0080% | 8h | 119.03 | +0.039% | $1.0M | $5.9M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 119.07 | +0.068% | $8.1M | $412.1M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.01 | +0.022% | $14.2M | $55.8M | 25x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 119.02 | +0.025% | $2.2M | $16.8M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 119.03 | +0.036% | $349K | $245K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.97 | −0.011% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.94 | −0.040% | $47K | $780K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.01 | +0.023% | $5.8M | $41.0M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.04 | +0.044% | $179.0M | $176.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.99 | +0.001% | $12.2M | $123.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.03 | +0.033% | $980.4M | $3.77B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.06 | +0.062% | $824.8M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.04 | +0.044% | $371.5M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.86 | −0.108% | $233K | $851K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.93 | −0.049% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.80 | −0.158% | $134.2M | $6.7M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 119.02 | +0.027% | $858.8M | $663.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.04 | +0.044% | $427.2M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.05 | +0.055% | $138.3M | $202.7M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.04 | +0.040% | $494.1M | $442.0M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.04 | +0.044% | $24.2M | $37.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.79 | −0.169% | $27.0M | $128.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.90 | −0.070% | $95.5M | $404.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.81 | −0.148% | $48.7M | $29.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 118.87 | −0.099% | $1.5M | $6.1M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.86 | −0.108% | $1.4M | $13.6M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.00 | +0.010% | $359K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.02 | +0.029% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.03 | +0.032% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.94 | −0.038% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.02 | +0.027% | $6.3M | $10.8M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.02 | +0.023% | $8.6M | $35.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0106% | 1h | 119.14 | +0.128% | $722.0M | $399.0M | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0111% | 1h | 119.09 | +0.084% | $26.7M | $24.8M | 50x | as long as short |
| Phoenix SOL | +0.0114% | 1h | 118.97 | −0.015% | $6.6M | $13.6M | 25x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.98 | −0.005% | — | $220.1M | 500x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 118.97 | −0.015% | $1.8M | $4.6M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0165% / S −0.0081% | 1h | 119.03 | +0.038% | $3.7M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0169% | 1h | 118.85 | −0.117% | $25K | $50K | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 118.66 | −0.276% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0186% | 1h | 119.00 | +0.009% | $1.1M | $524K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.03 | +0.035% | $51.9M | $78.4M | 125x | as long as short |
01 Exchange SOLUSD
Hibachi SOL/USDT-P
BingX SOL-USDC
Orderly PERP_SOL_USDC
Coinbase International SOL-PERP-INTX
Lighter SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Extended SOL-USD
Hyperliquid SOL
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
Jupiter Perps SOL-PERP
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT