Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Bulk against Lighter−0.207%53s7-day average +0.003% · 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—prices read too far apart to compare
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+0.205%+$21 · spread now −0.207%, 7d avg +0.003%
=Together, before fees+0.210%+ Points / potential airdropLighter: Season 3 · farm board+$21 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: Bulk is 0.210% cheaper against Lighter than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 117.80 | 0.0096 | pay 0.0012% / 1h | 32m 44s | $13.0M | $59.7M | 25x |
| Short | Bulk SOL-USD | 117.55 | 0.0100 | get 0.0013% / 1h | 32m 44s | $134.7M | $14.2M | 20x |
Lighter SOL
Bulk SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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: −0.207% → +0.003%
- −$21.03
- Slippage, 4 orders
- −$9.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$36.79
- Costs to cover
- 0.166%
- Break-even
- 313.5 days
Slippage from Lighter: live order book, 6 min ago; Bulk: live order book, 1 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 | 0.38 bp | 0.6 bp −$1 | 2.0 bp −$20 | 6.4 bp −$641 | 16.5 bp −$8,266 |
| Sell Bulk live order book, 1 min ago | 4.25 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$775 | 14.5 bp −$7,269 |
SOL on 54 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 | 117.80 | +0.003% | $921 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0073% | 1h | 117.60 | −0.165% | — | $609K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0064% | 1h | 117.77 | −0.020% | $92K | $692K | 20x | as long as short |
| ApeX Omni SOLUSDT | −0.0052% | 1h | 117.67 | −0.111% | $1.5M | $6.1M | 50x | as long as short |
| Derive SOL-PERP | −0.0022% | 1h | 117.49 | −0.260% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.59 | −0.177% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.83 | +0.029% | $4.5M | $24.4M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.78 | −0.018% | $1.4M | $21.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.64 | −0.131% | $129K | $3.9M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 117.62 | −0.149% | $26.4M | $25.5M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Hibachi SOL/USDT-P
ApeX Omni SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUALShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0001% | 8h | 117.53 | −0.223% | $228.5M | $45.5M | 75x | as long as short |
| Gate SOL_USDT | +0.0015% | 8h | 117.68 | −0.099% | $853.5M | $659.8M | 100x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.58 | −0.185% | $2.0M | $4.6M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.55 | −0.208% | $31.5M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.56 | −0.203% | $8.0M | $409.8M | 50x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.63 | −0.139% | — | $10.6M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0086% | 8h | 117.60 | −0.167% | $1.1M | $5.9M | 100x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 117.80 | long leg | $13.0M | $59.7M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 117.72 | −0.066% | $2.2M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.65 | −0.125% | $103K | $164K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.59 | −0.180% | $345K | $259K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.80 | +0.004% | $1.0M | $518K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.60 | −0.167% | $65K | $852K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.69 | −0.095% | $5.7M | $41.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.86 | +0.053% | $719.9M | $401.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.73 | −0.058% | $176.9M | $180.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.82 | +0.020% | $14.4M | $131.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.82 | +0.020% | $972.1M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.84 | +0.037% | $821.7M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.81 | +0.011% | $365.9M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.57 | −0.193% | $238K | $891K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.83 | +0.029% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USDshort | +0.0100% | 1h | 117.55 | −0.207% | $134.7M | $14.2M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 117.82 | +0.020% | $428.1M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.72 | −0.070% | $131.5M | $210.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.79 | −0.004% | $487.6M | $442.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.55 | −0.210% | $23.7M | $37.6M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.66 | −0.119% | $24.4M | $128.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.62 | −0.147% | $94.5M | $405.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.77 | −0.023% | $48.2M | $29.7M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.66 | −0.116% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.60 | −0.167% | $358K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.61 | −0.159% | $200K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.59 | −0.179% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.59 | −0.178% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.58 | −0.184% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.53 | −0.227% | $45.7M | $102.0M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.33 | −0.396% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.65 | −0.121% | $8.2M | $36.1M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.67 | −0.110% | — | $227.8M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.59 | −0.177% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 118.20 | +0.342% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0172% | 1h | 117.60 | −0.165% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0312% | 1h | 117.66 | −0.117% | $25K | $51K | 20x | as long as short |
HTX SOL-USDT
Gate SOL_USDT
RISEx SOL/USDC
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
BingX SOL-USDC
Orderly PERP_SOL_USDC
Lighter RH SOL
01 Exchange SOLUSD
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
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
Jupiter Perps SOL-PERP
Reya SOLRUSDPERP
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD