Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against Katana Perps+0.028%7-day average +0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.028%, 7d avg +0.041%
=Together, before fees−0.038%+ Points / potential airdropLighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps SOL-USD | 119.53 | 0.0100 | pay 0.0100% / 8h | 48m 25s | $45K | $797K | 20x |
| Short | Lighter RH SOL | 119.56 | 0.0096 | get 0.0012% / 1h | 48m 25s | $2.2M | $16.9M | 25x |
Katana Perps SOL-USD
Lighter RH SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Katana Perps. 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
- −$0.8
- Price spread: +0.028% → +0.041%
- −$1.36
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$5.95
- Costs to cover
- 0.038%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.
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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 1.67 bp | 1.7 bp −$2 | 4.1 bp −$41 | 35.4 bp −$3,538 | doesn't fit |
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 119.52 | −0.013% | $847 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0073% | 1h | 119.46 | −0.056% | $2.0M | $2.8M | 13x | as long as short |
| Vest SOL-PERP | −0.0066% | 1h | 119.52 | −0.011% | — | $723K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.55 | +0.017% | $113K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.62 | +0.078% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.52 | −0.012% | $1.3M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.56 | +0.021% | $177K | $4.0M | 8.3x | as long as short |
| ApeX Omni SOLUSDT | +0.0060% | 1h | 119.63 | +0.084% | $1.5M | $6.2M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0061% | 1h | 119.60 | +0.056% | $26.7M | $26.0M | 50x | as long as short |
| 01 Exchange SOLUSD | +0.0064% | 1h | 119.59 | +0.050% | $105K | $157K | 20x | as long as short |
Hotstuff SOL-PERP
Derive SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUAL
01 Exchange SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0071% | 8h | 119.55 | +0.018% | $1.1M | $5.9M | 100x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.53 | −0.004% | — | $10.5M | — | as long as short |
| Gate SOL_USDT | +0.0090% | 8h | 119.53 | 0.000% | $871.0M | $674.6M | 100x | as long as short |
| HTX SOL-USDT | +0.0090% | 8h | 119.43 | −0.082% | $232.3M | $45.0M | 75x | as long as short |
| Aftermath Perps SOLUSD | +0.0094% | 1h | 119.60 | +0.056% | $24K | $47K | 20x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.59 | +0.051% | $13.7M | $55.5M | 25x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 119.56 | +0.028% | $2.2M | $16.9M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 119.50 | −0.025% | $354K | $748K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0096% | 1h | 119.56 | +0.027% | $8.2M | $418.5M | 50x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.54 | +0.010% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USDlong | +0.0100% | 8h | 119.53 | long leg | $45K | $797K | 20x | |
| Nado SOL-PERP | +0.0100% | 1h | 119.60 | +0.062% | $6.1M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.65 | +0.104% | $725.2M | $411.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.54 | +0.008% | $179.0M | $175.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.62 | +0.076% | $12.4M | $120.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.54 | +0.008% | $986.5M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.56 | +0.025% | $831.6M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.53 | 0.000% | $373.3M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.48 | −0.042% | $234K | $873K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.59 | +0.054% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.65 | +0.100% | $134.3M | $6.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.56 | +0.025% | $447.7M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.55 | +0.014% | $139.6M | $203.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.53 | −0.003% | $497.9M | $456.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.53 | 0.000% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.65 | +0.100% | $27.4M | $128.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.66 | +0.106% | $96.1M | $402.2M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.63 | +0.088% | $49.0M | $31.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.58 | +0.042% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.58 | +0.042% | $370K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.53 | +0.004% | $203K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.55 | +0.016% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.54 | +0.011% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.52 | −0.008% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.56 | +0.025% | $46.7M | $102.6M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 119.62 | +0.075% | $6.6M | $13.7M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.51 | −0.018% | $8.7M | $35.9M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0104% | 1h | 119.57 | +0.037% | $122K | $640K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0105% | 1h | 119.57 | +0.035% | $32.7M | $97.0M | 100x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.55 | +0.020% | — | $224.6M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0170% | 1h | 119.60 | +0.059% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0183% | 1h | 119.54 | +0.012% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.52 | −0.008% | $52.0M | $84.4M | 125x | as long as short |
| RISEx SOL/USDC | +0.0226% | 1h | 119.60 | +0.058% | $1.7M | $5.2M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0241% / S −0.0181% | 1h | 119.55 | +0.018% | $3.8M | — | 200x | as long as short |
Orderly PERP_SOL_USDC
BingX SOL-USDC
Gate SOL_USDT
HTX SOL-USDT
Aftermath Perps SOLUSD
Lighter SOL
Aevo SOL-PERP
Coinbase International SOL-PERP-INTX
Paradex SOL-USD-PERP
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
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
Phoenix SOL
Extended SOL-USD
Hibachi SOL/USDT-P
Kraken Futures PF_SOLUSD
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]