SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.039%

Price spread now: Lighter against RISEx−0.043%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$100.096% of the position

Long on RISEx Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.092%−$9 on $10k

Price spread, last 7 days+0.047%+$5 · spread now −0.043%, 7d avg +0.006%

Together, before fees−0.045%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.049% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	119.53	0.0192	pay 0.0024% / 1h	34m 50s	$1.7M	$6.0M	20x
Short	Lighter SOL	119.47	0.0096	get 0.0012% / 1h	34m 50s	$13.6M	$55.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee LighterbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$20.08
Price spread: −0.043% → +0.006%: −$4.92
Slippage, 4 orders: −$3.56
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$34.56
Costs to cover: 0.096%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; Lighter: 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 RISEx live order book, 4 min ago	0.04 bp	5.0 bp −$5	8.7 bp −$87	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.54 bp	0.9 bp −$1	1.9 bp −$19	7.9 bp −$790	21.9 bp −$11.0K

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
Bluefin SOL-PERP	−0.0250%	1h	119.49	−0.033%	$37K	$17K	25x	as long as short
Derive SOL-PERP	−0.0095%	1h	119.40	−0.102%	$2.0M	$3.0M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.43	−0.079%	$847	$8K	25x	as long as short
Vest SOL-PERP	−0.0062%	1h	119.42	−0.092%	—	$722K	20x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.33	−0.160%	$4.9M	$27.2M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.52	−0.004%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.37	−0.131%	$1.2M	$20.6M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.49	−0.033%	$178K	$4.0M	8.3x	as long as short
Hibachi SOL/USDT-P	+0.0024%	1h	119.48	−0.041%	$120K	$611K	20x	as long as short
Phoenix SOL	+0.0054%	1h	119.38	−0.121%	$6.6M	$13.6M	25x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0067%	8h	119.52	−0.007%	$1.1M	$5.9M	100x	as long as short
Aftermath Perps SOLUSD	+0.0069%	1h	119.52	−0.003%	$24K	$47K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.39	−0.113%	—	$374.6M	—	as long as short
HTX SOL-USDT	+0.0080%	8h	119.43	−0.077%	$232.6M	$44.7M	75x	as long as short
Gate SOL_USDT	+0.0083%	8h	119.38	−0.121%	$871.9M	$681.2M	100x	as long as short
Lighter SOLshort	+0.0096%	1h	119.47	−0.043%	$13.6M	$55.5M	25x
Lighter RH SOL	+0.0096%	1h	119.46	−0.055%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	119.52	−0.004%	$104K	$153K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.48	−0.040%	$354K	$748K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	119.34	−0.152%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.43	−0.080%	$47K	$794K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.47	−0.050%	$6.2M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.47	−0.046%	$719.4M	$415.7M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.39	−0.113%	$178.7M	$175.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.41	−0.093%	$12.4M	$117.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.39	−0.114%	$987.5M	$3.79B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.40	−0.102%	$825.1M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.38	−0.121%	$371.8M	$1.71B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.28	−0.205%	$234K	$885K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.51	−0.009%	$2.0M	$8.9M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.39	−0.113%	$453.1M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.45	−0.065%	$141.2M	$200.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.38	−0.122%	$495.9M	$454.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.48	−0.038%	$24.1M	$38.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.41	−0.095%	$27.9M	$128.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.50	−0.021%	$96.0M	$399.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.44	−0.071%	$48.9M	$31.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.56	+0.029%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.36	−0.138%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.52	−0.004%	$367K	$2.3M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.50	−0.021%	$201K	$1.7M	20x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.47	−0.043%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.48	−0.038%	$6.3M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.44	−0.071%	$46.7M	$101.9M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.75	+0.187%	$134.3M	$8.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	119.37	−0.129%	$8.7M	$36.2M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0107%	1h	119.55	+0.017%	$26.7M	$27.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.50	−0.019%	$8.4M	$415.3M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.38	−0.122%	—	$222.5M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0149%	1h	119.48	−0.038%	$32.6M	$95.5M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0086%	1h	119.51	−0.014%	$3.7M	—	200x	as long as short
Reya SOLRUSDPERP	+0.0181%	1h	119.51	−0.014%	$1.1M	$557K	25x	as long as short
RISEx SOL/USDClong	+0.0192%	1h	119.53	long leg	$1.7M	$6.0M	20x
Injective SOL/USDC PERP	+0.0213%	1h	119.13	−0.331%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.49	−0.029%	$52.2M	$82.9M	125x	as long as short