Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.041%
Price spread now: dYdX against Lighter RH+0.058%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.058%, 7d avg −0.012%
=Together, before fees−0.172%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.069% dearer against Lighter RH than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.012%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SOL | 118.02 | 0.0096 | pay 0.0012% / 1h | 24m 24s | $2.2M | $16.8M | 25x |
| Short | dYdX SOL-USD | 118.09 | 0 | get 0.0000% / 1h | 24m 24s | $4.5M | $24.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Lighter RH. 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
- −$20.16
- Price spread: +0.058% → −0.012%
- $6.93
- Slippage, 4 orders
- −$19.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$42.66
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; dYdX: live order book, 5 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 RH live order book, 5 min ago | 1.23 bp | 1.2 bp −$1 | 2.3 bp −$23 | 18.6 bp −$1,860 | doesn't fit |
| Sell dYdX live order book, 5 min ago | 8.49 bp | 13.5 bp −$13 | 14.9 bp −$149 | 37.5 bp −$3,754 | 77.3 bp −$38.7K |
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 | 118.00 | −0.022% | $923 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0068% | 1h | 117.95 | −0.061% | — | $607K | 20x | as long as short |
| Hibachi SOL/USDT-P | −0.0032% | 1h | 118.16 | +0.119% | $101K | $691K | 20x | as long as short |
| Derive SOL-PERP | −0.0027% | 1h | 117.88 | −0.121% | $2.0M | $2.8M | 13x | as long as short |
| ApeX Omni SOLUSDT | −0.0003% | 1h | 117.89 | −0.108% | $1.5M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.96 | −0.053% | $53K | — | 150x | as long as short |
| dYdX SOL-USDshort | 0.0000% | 1h | 118.09 | +0.058% | $4.5M | $24.2M | 20x | |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.09 | +0.060% | $1.4M | $21.0M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.98 | −0.031% | $129K | $3.9M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.97 | −0.044% | $2.0M | $4.7M | 20x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SOL_USDT | +0.0043% | 8h | 117.97 | −0.044% | $853.6M | $662.4M | 100x | as long as short |
| HTX SOL-USDT | +0.0047% | 8h | 118.07 | +0.042% | $229.5M | $45.5M | 75x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 118.07 | +0.043% | $31.7M | $98.8M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 118.09 | +0.058% | $8.0M | $410.5M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0074% | 1h | 118.12 | +0.080% | $26.5M | $25.5M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 117.99 | −0.029% | — | $369.8M | — | as long as short |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 117.98 | −0.031% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.03 | +0.004% | $13.1M | $59.9M | 25x | as long as short |
| Lighter RH SOLlong | +0.0096% | 1h | 118.02 | long leg | $2.2M | $16.8M | 25x | |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.98 | −0.036% | $103K | $159K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.96 | −0.051% | $346K | $258K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.97 | −0.048% | $1.0M | $519K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.93 | −0.078% | $65K | $853K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.05 | +0.024% | $5.7M | $41.7M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.99 | −0.027% | $177.2M | $179.9M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.06 | +0.029% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.96 | −0.057% | $972.2M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.97 | −0.041% | $822.5M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.98 | −0.036% | $366.5M | $1.68B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.01 | −0.010% | $239K | $894K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.98 | −0.039% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | −0.019% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.98 | −0.036% | $426.2M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.99 | −0.030% | $131.7M | $210.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.96 | −0.056% | $488.5M | $440.7M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.07 | +0.041% | $23.8M | $37.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.14 | +0.096% | $24.5M | $122.9M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.99 | −0.028% | $94.8M | $404.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.98 | −0.035% | $48.3M | $29.0M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.06 | +0.032% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.97 | −0.044% | $354K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.98 | −0.039% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.94 | −0.072% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.13 | +0.088% | $192K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.07 | +0.041% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.06 | +0.032% | $46.0M | $101.6M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.98 | −0.036% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.93 | −0.079% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0106% | 1h | 118.08 | +0.049% | $722.1M | $399.8M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.96 | −0.055% | — | $226.2M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.96 | −0.051% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | −0.129% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 117.96 | −0.053% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0330% | 1h | 117.96 | −0.052% | $25K | $51K | 20x | as long as short |
Lighter RH SOL
Derive SOL-PERP
ApeX Omni SOLUSDT
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
RISEx SOL/USDC
Gate SOL_USDT
HTX SOL-USDT
Kraken Futures PF_SOLUSD
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDT
Lighter SOL
01 Exchange SOLUSD
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk 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
Hyperliquid SOL
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD