SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against 01 Exchange0.000%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−$11as in the Price arb table

costs, in and out, $10k−$130.131% of the position

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.034%−$3 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now 0.000%, 7d avg −0.023%

Together, before fees−0.117%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.023% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	118.62	0.0080	pay 0.0010% / 1h	9m 19s	$104K	$158K	20x
Short	Lighter SOL	118.62	0.0096	get 0.0012% / 1h	9m 19s	$13.4M	$56.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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 01 ExchangebpFee LighterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $3.36
Price spread: 0.000% → −0.023%: $2.35
Slippage, 4 orders: −$6.12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$7.41
Costs to cover: 0.131%
Break-even: 22.4 days

Slippage from 01 Exchange: live order book, 5 min ago; Lighter: 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 01 Exchange live order book, 5 min ago	0.84 bp	5.8 bp −$6	9.0 bp −$90	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.21 bp	0.3 bp $0	1.0 bp −$10	4.3 bp −$427	19.1 bp −$9,533

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
Derive SOL-PERP	−0.0100%	1h	118.57	−0.046%	$2.0M	$2.8M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.65	+0.022%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	118.56	−0.054%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0021%	1h	118.60	−0.017%	$4.8M	$28.0M	20x	as long as short
ApeX Omni SOLUSDT	−0.0014%	1h	118.53	−0.077%	$1.5M	$6.2M	50x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	118.66	+0.032%	$113K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.59	−0.024%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.66	+0.037%	$175K	$3.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0069%	1h	118.68	+0.049%	$26.6M	$25.8M	50x	as long as short
Gate SOL_USDT	+0.0070%	8h	118.62	0.000%	$865.6M	$687.2M	100x	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	+0.0076%	8h	118.66	+0.036%	$1.0M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0078%	8h	118.55	−0.060%	$230.8M	$45.1M	75x	as long as short
01 Exchange SOLUSDlong	+0.0080%	1h	118.62	long leg	$104K	$158K	20x
BingX SOL-USDC	+0.0080%	8h	118.61	−0.004%	—	$10.5M	—	as long as short
Lighter SOLshort	+0.0096%	1h	118.62	0.000%	$13.4M	$56.6M	25x
Lighter RH SOL	+0.0096%	1h	118.61	−0.008%	$2.1M	$17.1M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.63	+0.011%	$120K	$632K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.64	+0.019%	$351K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.61	−0.013%	$8.1M	$416.0M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.59	−0.022%	$1.0M	$521K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.58	−0.034%	$45K	$802K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.63	+0.004%	$5.8M	$40.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.72	+0.087%	$717.9M	$407.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.60	−0.017%	$178.3M	$177.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.62	+0.001%	$12.2M	$122.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.65	+0.029%	$978.4M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.67	+0.042%	$822.7M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.63	+0.008%	$370.1M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.55	−0.059%	$229K	$877K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	118.62	−0.002%	$1.9M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.65	+0.023%	$133.6M	$4.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.65	+0.025%	$425.3M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.64	+0.015%	$137.8M	$206.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.63	+0.008%	$492.1M	$459.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.65	+0.025%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.48	−0.120%	$26.9M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.54	−0.066%	$95.2M	$402.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.48	−0.115%	$48.5M	$30.8M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	118.52	−0.084%	$1.3M	$13.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	118.63	+0.008%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.65	+0.024%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.64	+0.019%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.64	+0.013%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.61	−0.008%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.60	−0.017%	$46.4M	$102.6M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.69	+0.059%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.54	−0.066%	$8.6M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.63	+0.005%	$32.5M	$97.1M	100x	as long as short
Aftermath Perps SOLUSD	+0.0114%	1h	118.63	+0.013%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.63	+0.006%	—	$225.9M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0167% / S −0.0070%	1h	118.66	+0.032%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.91	+0.244%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0184%	1h	118.62	0.000%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.48	−0.118%	$51.8M	$80.0M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	118.59	−0.028%	$1.8M	$4.9M	20x	as long as short