Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Arcus against Lighter+0.060%7-day average +0.023% · 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−$4as in the Price arb table
costs, in and out, $10k−$70.074% of the position
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.060%, 7d avg +0.023%
=Together, before fees−0.018%+ Points / potential airdropLighter: Season 3 · farm board−$2 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: Arcus is 0.037% dearer against Lighter than usual: you sell high and buy low, +$4 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 | Lighter SOL | 116.55 | 0.0096 | pay 0.0012% / 1h | 43m 15s | $13.1M | $60.4M | 25x |
| Short | Arcus SOL-USD | 116.62 | 0.0100 | get 0.0013% / 1h | 43m 15s | $903K | $8.8M | 20x |
Lighter SOL
Arcus SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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: +0.060% → +0.023%
- $3.66
- Slippage, 4 orders
- −$2.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$2.87
- Costs to cover
- 0.074%
- Break-even
- 30.9 days
Slippage from Lighter: live order book, 6 min ago; Arcus: live order book, 6 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 Lighter live order book, 6 min ago | 0.34 bp | 0.3 bp $0 | 1.2 bp −$12 | 6.0 bp −$604 | 22.6 bp −$11.3K |
| Sell Arcus live order book, 6 min ago | 0.04 bp | 4.0 bp −$4 | 4.2 bp −$42 | 7.6 bp −$758 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0120% | 1h | 116.63 | +0.072% | $97K | $687K | 20x | as long as short |
| Bybit SOLUSDT | −0.0112% | 8h | 116.49 | −0.048% | $741.3M | $1.44B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.56 | +0.013% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0072% | 1h | 116.59 | +0.037% | $33.1M | $105.3M | 100x | as long as short |
| Derive SOL-PERP | −0.0053% | 1h | 116.51 | −0.033% | $1.9M | $3.0M | 13x | as long as short |
| Vest SOL-PERP | −0.0011% | 1h | 116.54 | −0.004% | — | $628K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.62 | +0.060% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.58 | +0.033% | $1.5M | $19.5M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.63 | +0.071% | $109K | $3.6M | 8.3x | as long as short |
| dYdX SOL-USD | +0.0013% | 1h | 116.51 | −0.034% | $4.3M | $23.8M | 20x | as long as short |
Hibachi SOL/USDT-P
Bybit SOLUSDT
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
Derive SOL-PERP
Vest SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
dYdX SOL-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0040% | 1h | 116.59 | +0.038% | $100K | $176K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.58 | +0.029% | $8.1M | $405.2M | 50x | as long as short |
| Bitget SOLUSDT | +0.0049% | 8h | 116.55 | −0.001% | $480.0M | $462.4M | 100x | as long as short |
| Lighter RH SOL | +0.0056% | 1h | 116.53 | −0.014% | $2.2M | $16.8M | 25x | as long as short |
| SoDEX SOL-USD | +0.0061% | 1h | 116.54 | −0.005% | $6.1M | $10.9M | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0089% | 8h | 116.57 | +0.021% | $1.0M | $6.0M | 100x | as long as short |
| Aster SOLUSDT | +0.0090% | 8h | 116.57 | +0.021% | $175.8M | $176.2M | 100x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 116.55 | long leg | $13.1M | $60.4M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 116.60 | +0.048% | $351K | $252K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0096% | 8h | 116.54 | −0.008% | $1.0M | $551K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.55 | +0.003% | $64K | $908K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.60 | +0.046% | $5.5M | $41.1M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.66 | +0.098% | $697.8M | $410.4M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.57 | +0.022% | $15.7M | $130.6M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.53 | −0.014% | $968.0M | $3.90B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.51 | −0.031% | $370.5M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.63 | +0.072% | $217K | $888K | 10x | as long as short |
| Arcus SOL-USDshort | +0.0100% | 1h | 116.62 | +0.060% | $903K | $8.8M | 20x | |
| Bulk SOL-USD | +0.0100% | 1h | 116.55 | +0.003% | $125.4M | $23.1M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.56 | +0.012% | $844.3M | $666.2M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.57 | +0.021% | $362.0M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.55 | +0.004% | $129.2M | $232.4M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.54 | −0.003% | — | $10.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.56 | +0.012% | $23.1M | $37.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.33 | −0.181% | $24.8M | $112.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.37 | −0.154% | $93.4M | $411.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.44 | −0.092% | $47.7M | $31.1M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.44 | −0.092% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.65 | +0.089% | $1.3M | $12.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.55 | +0.003% | $313K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.60 | +0.048% | $234K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.60 | +0.043% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.59 | +0.034% | $189K | $1.8M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.50 | −0.038% | $225.6M | $50.7M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.53 | −0.014% | $45.3M | $105.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.52 | −0.020% | $8.0M | $39.3M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0116% | 1h | 116.62 | +0.062% | $26.4M | $21.9M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.57 | +0.018% | — | $237.0M | 500x | as long as short |
| Injective SOL/USDC PERP | +0.0176% | 1h | 116.50 | −0.039% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0178% | 1h | 116.66 | +0.098% | $6.5M | $13.6M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0194% | 1h | 116.53 | −0.013% | $1.1M | $544K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.51 | −0.031% | $52.4M | $68.6M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 116.62 | +0.059% | $3.5M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0451% | 1h | 116.68 | +0.111% | $2.1M | $4.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0494% | 1h | 116.65 | +0.088% | $25K | $56K | 20x | as long as short |
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
Lighter RH SOL
SoDEX SOL-USD
Orderly PERP_SOL_USDC
Aster SOLUSDT
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Deribit SOL_USDC-PERPETUAL
Jupiter Perps SOL-PERP
Injective SOL/USDC PERP
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD