Funding you earn now, next payment 22:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: 01 Exchange against Lighter+0.087%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−$15as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 3 days (all we have)+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.087%, 7d avg +0.023%
=Together, before fees+0.020%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.064% dearer against Lighter than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.023%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 118.81 | 0.0096 | pay 0.0012% / 1h | 46m 18s | $13.4M | $53.1M | 25x |
| Short | 01 Exchange SOLUSD | 118.91 | 0.0072 | get 0.0009% / 1h | 46m 18s | $105K | $153K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$5.04
- Price spread: +0.087% → +0.023%
- $6.42
- Slippage, 4 orders
- −$14.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$20
- Costs to cover
- 0.214%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; 01 Exchange: live order book, 42 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, 8 min ago | 0.55 bp | 0.7 bp −$1 | 1.8 bp −$18 | 6.0 bp −$605 | 19.7 bp −$9,855 |
| Sell 01 Exchange live order book, 42 min ago | 0.42 bp | 10.0 bp −$10 | 22.1 bp −$221 | 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 | 118.89 | +0.070% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERP | −0.0104% | 1h | 118.75 | −0.051% | $2.0M | $3.2M | 13x | as long as short |
| ApeX Omni SOLUSDT | −0.0100% | 1h | 118.77 | −0.029% | $1.5M | $6.2M | 50x | as long as short |
| Vest SOL-PERP | −0.0081% | 1h | 118.81 | +0.002% | — | $726K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.87 | +0.056% | $843 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0052% | 1h | 118.91 | +0.091% | $24K | $48K | 20x | as long as short |
| dYdX SOL-USD | −0.0006% | 1h | 118.86 | +0.045% | $4.9M | $26.8M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 118.86 | +0.046% | $48K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.88 | +0.061% | $1.2M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.87 | +0.054% | $180K | $4.1M | 8.3x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 118.86 | +0.048% | $26.7M | $27.7M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0058% | 8h | 118.84 | +0.029% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSDshort | +0.0072% | 1h | 118.91 | +0.087% | $105K | $153K | 20x | |
| HTX SOL-USDT | +0.0074% | 8h | 118.80 | −0.009% | $231.5M | $43.6M | 75x | as long as short |
| Gate SOL_USDT | +0.0083% | 8h | 118.85 | +0.036% | $858.1M | $676.3M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0093% | 8h | 118.83 | +0.021% | $143.9M | $196.9M | 75x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 118.81 | long leg | $13.4M | $53.1M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 118.79 | −0.018% | $2.0M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.81 | +0.001% | $353K | $741K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.85 | +0.037% | $1.0M | $525K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.90 | +0.078% | $46K | $785K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.83 | +0.020% | $5.5M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.95 | +0.120% | $717.3M | $424.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.85 | +0.034% | $179.2M | $173.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.87 | +0.050% | $12.4M | $113.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.78 | −0.021% | $971.0M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.81 | 0.000% | $821.4M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.78 | −0.023% | $370.2M | $1.70B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.92 | +0.095% | $233K | $862K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.93 | +0.102% | $1.9M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.88 | +0.063% | $133.2M | $12.7M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.79 | −0.014% | $466.0M | $1.07B | 300x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.78 | −0.020% | $495.8M | $448.8M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 118.83 | +0.023% | — | $372.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.84 | +0.028% | $24.3M | $37.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.86 | +0.041% | $28.3M | $126.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.79 | −0.012% | $95.4M | $396.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.77 | −0.033% | $48.6M | $33.1M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.96 | +0.129% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.85 | +0.036% | $361K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.83 | +0.016% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.84 | +0.029% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.80 | −0.003% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.80 | −0.006% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.82 | +0.011% | $46.4M | $100.0M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.79 | −0.014% | $8.6M | $37.3M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0112% | 1h | 118.87 | +0.050% | $123K | $606K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0048% | 1h | 118.89 | +0.068% | — | $218.3M | 500x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 118.85 | +0.036% | $8.1M | $413.7M | 50x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 118.99 | +0.154% | $6.7M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0091% | 1h | 118.86 | +0.041% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.92 | +0.098% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.84 | +0.029% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.81 | +0.003% | $51.7M | $87.1M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 118.81 | +0.005% | $36.1M | $89.9M | 100x | as long as short |
Lighter SOL
01 Exchange SOLUSD
Injective SOL/USDC PERP
Derive SOL-PERP
ApeX Omni SOLUSDT
Aftermath Perps SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Deribit SOL_USDC-PERPETUAL
HTX SOL-USDT
Gate SOL_USDT
KuCoin SOLUSDTM
Lighter RH SOL
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
MEXC SOL_USDT
Bitget SOLUSDT
BingX SOL-USDT
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
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
BloFin SOL-USDT
Kraken Futures PF_SOLUSD