Funding you earn now, next payment 05:00 UTC−0.0290%/8h= −31.7% APRnext payment −$0.36 per $10,000 · paid last 24h −0.005%
Price spread now: Kraken Futures against Lighter RH+0.017%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.017%, 7d avg −0.010%
=Together, before fees−0.108%+ Points / potential airdropLighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.026% dearer against Lighter RH than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.010%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SOL | 116.30 | 0.0096 | pay 0.0012% / 1h | 0m 16s | $2.1M | $16.9M | 25x |
| Short | Kraken Futures PF_SOLUSD | 116.31 | −0.0194 | pay 0.0024% / 1h | 0m 16s | $31.6M | $103.2M | 100x |
Lighter RH SOL
Kraken Futures PF_SOLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$60.81
- Price spread: +0.017% → −0.010%
- $2.64
- Slippage, 4 orders
- −$9.64
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$77.81
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Kraken Futures: live order book, 4 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, 4 min ago | 1.72 bp | 1.7 bp −$2 | 2.1 bp −$21 | 25.0 bp −$2,504 | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 0.43 bp | 8.6 bp −$9 | 9.9 bp −$99 | 13.6 bp −$1,363 | 24.8 bp −$12.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0232% | 1h | 116.32 | +0.023% | $105K | $705K | 20x | as long as short |
| Kraken Futures PF_SOLUSDshort | −0.0194% | 1h | 116.31 | +0.017% | $31.6M | $103.2M | 100x | |
| Vest SOL-PERP | −0.0115% | 1h | 116.26 | −0.026% | — | $601K | 20x | as long as short |
| Bybit SOLUSDT | −0.0096% | 8h | 116.26 | −0.030% | $746.2M | $1.40B | 100x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 116.32 | +0.020% | $1K | $8K | 25x | as long as short |
| Derive SOL-PERP | −0.0025% | 1h | 116.26 | −0.032% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.32 | +0.021% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.32 | +0.023% | $1.4M | $19.1M | 3.1x | as long as short |
| dYdX SOL-USD | +0.0011% | 1h | 116.31 | +0.012% | $4.4M | $24.2M | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 116.30 | +0.002% | $7.6M | $404.4M | 50x | as long as short |
Hibachi SOL/USDT-P
Vest SOL-PERP
Bybit SOLUSDT
Hotstuff SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
dYdX SOL-USD
Coinbase International SOL-PERP-INTXShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0056% | 1h | 116.32 | +0.021% | $99K | $175K | 20x | as long as short |
| Bullet SOL-USD | +0.0068% | 1h | 116.31 | +0.011% | $147K | $1.6M | 20x | as long as short |
| Bitget SOLUSDT | +0.0085% | 8h | 116.29 | −0.007% | $480.5M | $448.6M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0095% | 8h | 116.33 | +0.030% | $1.0M | $5.9M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 116.31 | +0.012% | $13.1M | $60.8M | 25x | as long as short |
| Lighter RH SOLlong | +0.0096% | 1h | 116.30 | long leg | $2.1M | $16.9M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 116.32 | +0.024% | $350K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 116.26 | −0.030% | $60K | $899K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.34 | +0.040% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.30 | +0.001% | $5.3M | $40.4M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.41 | +0.099% | $700.5M | $395.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.30 | +0.004% | $174.2M | $183.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.34 | +0.036% | $15.8M | $130.3M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.31 | +0.013% | $969.9M | $3.84B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.33 | +0.030% | $366.7M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.32 | +0.021% | $214K | $863K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.36 | +0.059% | $917K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.27 | −0.025% | $131.6M | $15.2M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.31 | +0.013% | $852.7M | $673.3M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 116.32 | +0.021% | $374.4M | $1.08B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.31 | +0.011% | $123.2M | $227.1M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.30 | +0.002% | — | $10.6M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.32 | +0.021% | $23.0M | $39.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.20 | −0.078% | $25.0M | $114.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.34 | +0.043% | $93.4M | $402.4M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.43 | +0.116% | $47.6M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.29 | −0.004% | $1.2M | $6.7M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.37 | +0.064% | $1.3M | $11.9M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.30 | +0.004% | $320K | $2.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.31 | +0.013% | $25K | $32K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.33 | +0.027% | $189K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 116.32 | +0.021% | $6.1M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.31 | +0.010% | $225.4M | $48.3M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.33 | +0.030% | $45.3M | $103.4M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.26 | −0.034% | $8.3M | $37.9M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0107% | 1h | 116.50 | +0.176% | $4K | $2K | 12x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 116.31 | +0.011% | — | $236.1M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0143% | 1h | 116.37 | +0.067% | $26.2M | $23.1M | 50x | as long as short |
| Phoenix SOL | +0.0151% | 1h | 116.36 | +0.056% | $6.5M | $13.8M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0192% | 1h | 116.28 | −0.013% | $1.1M | $542K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 116.35 | +0.047% | $51.8M | $67.1M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0235% / S −0.0179% | 1h | 116.32 | +0.021% | $3.6M | — | 200x | as long as short |
| Perpl SOL | +0.0335% | 43m | 116.30 | +0.005% | $114K | $3.7M | 8.3x | as long as short |
| RISEx SOL/USDC | +0.0561% | 1h | 116.38 | +0.072% | $1.9M | $4.8M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0567% | 1h | 116.40 | +0.091% | $25K | $52K | 20x | as long as short |
01 Exchange SOLUSD
Bullet SOL-USD
Bitget SOLUSDT
Orderly PERP_SOL_USDC
Lighter SOL
Aevo SOL-PERP
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Injective SOL/USDC PERP
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
Phoenix SOL
Reya SOLRUSDPERP
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Perpl SOL
RISEx SOL/USDC
Aftermath Perps SOLUSD