Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: MEXC against Lighter+0.042%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs$0as in the Price arb table
costs, in and out, $10k−$50.047% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.042%, 7d avg −0.002%
=Together, before fees−0.064%+ Points / potential airdropLighter: Season 3 · 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: MEXC is 0.044% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 119.51 | 0.0096 | pay 0.0012% / 1h | 43m 08s | $13.6M | $55.4M | 25x |
| Short | MEXC SOL_USDT | 119.56 | 0.0100 | get 0.0100% / 8h | 1h 43m | $435.7M | $1.10B | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.042% → −0.002%
- $4.42
- Slippage, 4 orders
- −$2.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 1 bp × 2 orders
- −$2
- Net
- $0.51
- Costs to cover
- 0.047%
- Break-even
- 2.7 days
Slippage from Lighter: live order book, 6 min ago; MEXC: 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 | 0.50 bp | 0.8 bp −$1 | 1.9 bp −$19 | 6.1 bp −$607 | 18.6 bp −$9,278 |
| Sell MEXC live order book, 1 min ago | 0.42 bp | 1.4 bp −$1 | 1.4 bp −$14 | 2.3 bp −$234 | 4.4 bp −$2,212 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0525% | 1h | 119.49 | −0.014% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0095% | 1h | 119.41 | −0.084% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.56 | +0.041% | $848 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0065% | 1h | 119.46 | −0.045% | — | $722K | 20x | as long as short |
| dYdX SOL-USD | −0.0002% | 1h | 119.51 | −0.003% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.50 | −0.013% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.58 | +0.059% | $1.2M | $20.6M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.55 | +0.031% | $182K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0008% | 1h | 119.50 | −0.007% | $120K | $610K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.50 | −0.008% | $6.6M | $13.6M | 25x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SOLUSD | +0.0063% | 1h | 119.39 | −0.102% | $24K | $47K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0066% | 8h | 119.51 | +0.003% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0073% | 8h | 119.46 | −0.043% | $232.7M | $44.5M | 75x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.56 | +0.044% | — | $373.9M | — | as long as short |
| 01 Exchange SOLUSD | +0.0088% | 1h | 119.59 | +0.067% | $104K | $154K | 20x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 119.51 | long leg | $13.6M | $55.4M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 119.50 | −0.007% | $2.1M | $16.7M | 25x | as long as short |
| Gate SOL_USDT | +0.0096% | 8h | 119.50 | −0.008% | $871.4M | $678.5M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.47 | −0.030% | $354K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.53 | +0.013% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.51 | 0.000% | $46K | $789K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.50 | −0.008% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.67 | +0.134% | $722.2M | $414.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.58 | +0.060% | $179.0M | $175.8M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.56 | +0.042% | $12.4M | $116.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.63 | +0.100% | $985.9M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.70 | +0.157% | $827.7M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.67 | +0.134% | $373.0M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.50 | −0.008% | $234K | $887K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.60 | +0.074% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.15 | −0.300% | $133.6M | $9.3M | 20x | as long as short |
| MEXC SOL_USDTshort | +0.0100% | 8h | 119.56 | +0.042% | $435.7M | $1.10B | 300x | |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.50 | −0.004% | $141.0M | $199.8M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.69 | +0.153% | $496.8M | $454.9M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.57 | +0.050% | $24.2M | $38.7M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.38 | −0.106% | $27.7M | $127.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.46 | −0.044% | $95.9M | $398.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.44 | −0.060% | $48.9M | $32.0M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.49 | −0.016% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.48 | −0.025% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.53 | +0.017% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.47 | −0.030% | $200K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.49 | −0.018% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.50 | −0.008% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.54 | +0.025% | $46.7M | $101.9M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.68 | +0.140% | $8.7M | $36.5M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.56 | +0.038% | $8.2M | $415.3M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.51 | −0.003% | — | $221.8M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0149% | 1h | 119.51 | +0.003% | $32.7M | $95.0M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0151% | 1h | 119.57 | +0.047% | $26.8M | $27.6M | 50x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0089% | 1h | 119.49 | −0.020% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.51 | −0.002% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.59 | +0.068% | $1.7M | $5.9M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.13 | −0.318% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.52 | +0.008% | $52.1M | $82.5M | 125x | as long as short |
Lighter SOL
MEXC SOL_USDT
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
Aftermath Perps SOLUSD
HTX SOL-USDT
BingX SOL-USDT
01 Exchange SOLUSD
Lighter RH SOL
Gate SOL_USDT
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
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
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
Deribit SOL_USDC-PERPETUAL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT