Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%
Price spread now: Lighter against OKX+0.035%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$130.126% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.035%, 7d avg +0.014%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · farm board$0 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: Lighter is 0.022% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOL-USDT-SWAP | 118.79 | 0.0100 | pay 0.0100% / 8h | 2h 46m | $370.4M | $1.70B | 100x |
| Short | Lighter SOL | 118.83 | 0.0096 | get 0.0012% / 1h | 46m 25s | $13.4M | $53.1M | 25x |
OKX SOL-USDT-SWAP
Lighter SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.035% → +0.014%
- $2.18
- Slippage, 4 orders
- −$2.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.27
- Costs to cover
- 0.126%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 7 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 OKX live order book, 3 min ago | 0.42 bp | 5.4 bp −$5 | 5.6 bp −$56 | 9.5 bp −$954 | 20.0 bp −$9,978 |
| Sell Lighter live order book, 7 min ago | 0.55 bp | 1.1 bp −$1 | 2.6 bp −$26 | 8.9 bp −$891 | 25.4 bp −$12.7K |
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 | +0.084% | $4K | $2K | 12x | as long as short |
| Derive SOL-PERP | −0.0104% | 1h | 118.76 | −0.025% | $2.0M | $3.2M | 13x | as long as short |
| ApeX Omni SOLUSDT | −0.0100% | 1h | 118.77 | −0.014% | $1.5M | $6.2M | 50x | as long as short |
| Vest SOL-PERP | −0.0081% | 1h | 118.81 | +0.017% | — | $726K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.87 | +0.071% | $843 | $8K | 25x | as long as short |
| Aftermath Perps SOLUSD | −0.0052% | 1h | 118.91 | +0.105% | $24K | $48K | 20x | as long as short |
| dYdX SOL-USD | −0.0006% | 1h | 118.86 | +0.059% | $4.9M | $26.8M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 118.86 | +0.061% | $48K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.96 | +0.145% | $1.2M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.87 | +0.068% | $180K | $4.1M | 8.3x | as long as short |
Injective SOL/USDC PERP
Derive SOL-PERP
ApeX Omni SOLUSDT
Vest SOL-PERP
Hotstuff SOL-PERP
Aftermath Perps SOLUSD
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOLShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SOL_USDC-PERPETUAL | 0.0000% | 1h | 118.88 | +0.075% | $26.7M | $27.7M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0058% | 8h | 118.84 | +0.044% | $1.1M | $5.9M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 118.91 | +0.101% | $105K | $153K | 20x | as long as short |
| HTX SOL-USDT | +0.0074% | 8h | 118.78 | −0.011% | $231.5M | $43.6M | 75x | as long as short |
| Gate SOL_USDT | +0.0083% | 8h | 118.85 | +0.051% | $858.1M | $676.3M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0093% | 8h | 118.86 | +0.056% | $143.9M | $196.9M | 75x | as long as short |
| Lighter SOLshort | +0.0096% | 1h | 118.83 | +0.035% | $13.4M | $53.1M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 118.84 | +0.044% | $2.0M | $16.6M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 118.84 | +0.039% | $353K | $741K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 118.85 | +0.051% | $1.0M | $525K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.90 | +0.093% | $46K | $785K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.83 | +0.035% | $5.5M | $40.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.95 | +0.135% | $717.3M | $424.4M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.86 | +0.062% | $179.2M | $173.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.87 | +0.064% | $12.4M | $113.8M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.83 | +0.034% | $971.4M | $3.74B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.86 | +0.060% | $822.2M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAPlong | +0.0100% | 8h | 118.79 | long leg | $370.4M | $1.70B | 100x | |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.92 | +0.109% | $233K | $862K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 118.93 | +0.116% | $1.9M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.88 | +0.077% | $133.2M | $12.7M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.85 | +0.051% | $466.0M | $1.07B | 300x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.84 | +0.045% | $496.1M | $448.8M | 100x | as long as short |
| BingX SOL-USDT | +0.0100% | 8h | 118.83 | +0.037% | — | $372.3M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.84 | +0.042% | $24.3M | $37.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.86 | +0.055% | $28.3M | $126.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.79 | +0.002% | $95.4M | $396.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.77 | −0.018% | $48.6M | $33.1M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.96 | +0.143% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.85 | +0.051% | $361K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.83 | +0.030% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.84 | +0.043% | $37K | $15K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.90 | +0.089% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.80 | +0.008% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.78 | −0.008% | $46.3M | $99.9M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.86 | +0.055% | $8.6M | $37.2M | 50x | as long as short |
| Hibachi SOL/USDT-P | +0.0112% | 1h | 118.87 | +0.065% | $123K | $606K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0048% | 1h | 118.89 | +0.082% | — | $218.3M | 500x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 118.86 | +0.061% | $8.1M | $413.7M | 50x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 118.99 | +0.168% | $6.7M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0091% | 1h | 118.86 | +0.056% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 118.92 | +0.113% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 118.84 | +0.044% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.81 | +0.017% | $51.7M | $87.1M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0224% | 1h | 118.81 | +0.015% | $36.1M | $90.1M | 100x | as long as short |
Deribit SOL_USDC-PERPETUAL
Orderly PERP_SOL_USDC
01 Exchange SOLUSD
HTX SOL-USDT
Gate SOL_USDT
KuCoin SOLUSDTM
Lighter RH SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
Ondo Perps SOL-USD.P
Arcus SOL-USD
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
Hibachi SOL/USDT-P
Jupiter Perps SOL-PERP
Coinbase International SOL-PERP-INTX
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD