Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Lighter−0.076%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$160.155% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now −0.076%, 7d avg +0.002%
=Together, before fees+0.060%+ 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: Polymarket Perps is 0.079% cheaper against Lighter than usual: you would sell low and buy high, −$8 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 | 119.05 | 0.0096 | pay 0.0012% / 1h | 56m 33s | $13.5M | $52.7M | 25x |
| Short | Polymarket Perps SOL-USD | 118.96 | 0.0100 | get 0.0013% / 1h | 56m 33s | $361K | $2.4M | 20x |
Lighter SOL
Polymarket Perps SOL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: −0.076% → +0.002%
- −$7.87
- Slippage, 4 orders
- −$7.55
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$22.58
- Costs to cover
- 0.155%
- Break-even
- 195.2 days
Slippage from Lighter: live order book, 7 min ago; Polymarket Perps: 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 Lighter live order book, 7 min ago | 0.29 bp | 1.0 bp −$1 | 2.4 bp −$24 | 7.0 bp −$703 | 21.2 bp −$10.6K |
| Sell Polymarket Perps live order book, 2 min ago | 0.84 bp | 7.0 bp −$7 | 9.5 bp −$95 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 118.68 | −0.312% | $4K | $2K | 12x | as long as short |
| Aftermath Perps SOLUSD | −0.0084% | 1h | 119.04 | −0.013% | $24K | $48K | 20x | as long as short |
| Vest SOL-PERP | −0.0084% | 1h | 118.92 | −0.112% | — | $731K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.04 | −0.009% | $844 | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0065% | 1h | 118.92 | −0.111% | $2.0M | $3.2M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.00 | −0.046% | $49K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.13 | +0.065% | $4.9M | $26.8M | 20x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.97 | −0.071% | $191K | $4.1M | 8.3x | as long as short |
| 01 Exchange SOLUSD | +0.0048% | 1h | 118.95 | −0.085% | $104K | $152K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0053% | 1h | 119.06 | +0.011% | $26.7M | $27.9M | 50x | as long as short |
Injective SOL/USDC PERP
Aftermath Perps SOLUSD
Vest SOL-PERP
Hotstuff SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Perpl SOL
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUALShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0055% | 8h | 119.00 | −0.039% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0067% | 8h | 118.94 | −0.090% | $231.8M | $43.7M | 75x | as long as short |
| ApeX Omni SOLUSDT | +0.0079% | 1h | 119.08 | +0.028% | $1.5M | $6.2M | 50x | as long as short |
| Gate SOL_USDT | +0.0081% | 8h | 119.00 | −0.043% | $858.4M | $672.9M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0085% | 8h | 118.94 | −0.090% | $144.4M | $197.0M | 75x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 119.05 | long leg | $13.5M | $52.7M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 119.03 | −0.014% | $2.0M | $16.6M | 25x | as long as short |
| Bitget SOLUSDT | +0.0096% | 8h | 118.95 | −0.085% | $496.3M | $451.1M | 100x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.98 | −0.059% | $353K | $746K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0098% | 8h | 118.97 | −0.071% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.96 | −0.076% | $47K | $781K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.97 | −0.072% | $5.6M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.03 | −0.018% | $718.3M | $443.8M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.00 | −0.041% | $179.6M | $175.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.07 | +0.016% | $12.4M | $113.1M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.93 | −0.102% | $976.5M | $3.76B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.96 | −0.076% | $822.6M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.94 | −0.093% | $367.7M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.97 | −0.068% | $233K | $868K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.03 | −0.013% | $1.9M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.09 | +0.030% | $133.4M | $13.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.95 | −0.085% | $470.9M | $1.07B | 300x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 118.98 | −0.062% | — | $372.7M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.09 | +0.033% | $24.2M | $38.4M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.33 | +0.232% | $27.8M | $126.3M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.13 | +0.065% | $95.7M | $394.7M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.06 | +0.011% | $48.7M | $33.5M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.06 | +0.008% | $1.4M | $13.1M | 30x | as long as short |
| Polymarket Perps SOL-USDshort | +0.0100% | 1h | 118.96 | −0.076% | $361K | $2.4M | 20x | |
| Bullet SOL-USD | +0.0100% | 1h | 118.96 | −0.076% | $201K | $1.8M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.02 | −0.030% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.97 | −0.066% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.98 | −0.060% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.99 | −0.051% | $46.4M | $100.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.92 | −0.106% | $8.7M | $37.3M | 50x | as long as short |
| Kalshi KXSOLPERP | +0.0109% | 8h | 119.01 | −0.034% | $1.2M | $20.9M | 3.1x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.05 | −0.003% | $8.1M | $415.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.96 | −0.075% | — | $218.2M | 500x | as long as short |
| Hibachi SOL/USDT-P | +0.0128% | 1h | 118.97 | −0.065% | $123K | $619K | 20x | as long as short |
| Phoenix SOL | +0.0149% | 1h | 119.15 | +0.083% | $6.7M | $12.5M | 25x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.97 | −0.064% | $1.6M | $6.3M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.95 | −0.082% | $1.1M | $558K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.99 | −0.051% | $51.9M | $91.1M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 119.02 | −0.022% | $36.1M | $90.4M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0176% | 1h | 119.01 | −0.035% | $3.5M | — | 200x | as long as short |
Orderly PERP_SOL_USDC
HTX SOL-USDT
ApeX Omni SOLUSDT
Gate SOL_USDT
KuCoin SOLUSDTM
Lighter RH SOL
Bitget SOLUSDT
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
Bulk SOL-USD
MEXC SOL_USDT
BingX SOL-USDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Kalshi KXSOLPERP
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Hibachi SOL/USDT-P
Phoenix SOL
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]