Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Binance against Lighter−0.019%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.019%, 7d avg −0.001%
=Together, before fees−0.004%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 119.14 | 0.0096 | pay 0.0012% / 1h | 25m 41s | $13.6M | $55.8M | 25x |
| Short | Binance SOLUSDT | 119.12 | 0.0100 | get 0.0100% / 8h | 1h 25m | $985.0M | $3.81B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.019% → −0.001%
- −$1.86
- Slippage, 4 orders
- −$3.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.31
- Costs to cover
- 0.133%
- Break-even
- 126.2 days
Slippage from Lighter: live order book, 8 min ago; Binance: live order book, 3 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 live order book, 8 min ago | 0.80 bp | 1.1 bp −$1 | 2.0 bp −$20 | 7.5 bp −$752 | 21.4 bp −$10.7K |
| Sell Binance live order book, 3 min ago | 0.42 bp | 5.4 bp −$5 | 5.4 bp −$54 | 9.4 bp −$941 | 19.6 bp −$9,789 |
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 | −0.0117% | 1h | 118.34 | −0.672% | $37K | $17K | 25x | as long as short |
| Derive SOL-PERP | −0.0086% | 1h | 119.14 | −0.001% | $2.0M | $3.0M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.26 | +0.101% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0061% | 1h | 119.19 | +0.040% | — | $722K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0005% / S +0.0004% | 1h | 119.25 | +0.092% | $106K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.13 | −0.005% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.20 | +0.050% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.26 | +0.100% | $178K | $4.0M | 8.3x | as long as short |
| Hibachi SOL/USDT-P | +0.0032% | 1h | 119.27 | +0.113% | $119K | $611K | 20x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.24 | +0.085% | $6.5M | $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 | 119.23 | +0.079% | $1.1M | $5.9M | 100x | as long as short |
| Aftermath Perps SOLUSD | +0.0079% | 1h | 119.30 | +0.139% | $24K | $47K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0080% | 1h | 119.24 | +0.085% | $104K | $154K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.19 | +0.041% | — | $374.5M | — | as long as short |
| HTX SOL-USDT | +0.0083% | 8h | 119.04 | −0.084% | $231.8M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0088% | 8h | 119.11 | −0.024% | $869.6M | $684.0M | 100x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 119.14 | long leg | $13.6M | $55.8M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 119.10 | −0.034% | $2.1M | $16.8M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.16 | +0.014% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 119.07 | −0.060% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.15 | +0.009% | $47K | $796K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.21 | +0.060% | $6.2M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.22 | +0.068% | $718.0M | $417.9M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.15 | +0.006% | $178.3M | $176.5M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.15 | +0.011% | $12.3M | $117.8M | 20x | as long as short |
| Binance SOLUSDTshort | +0.0100% | 8h | 119.12 | −0.019% | $985.0M | $3.81B | 100x | |
| Bybit SOLUSDT | +0.0100% | 8h | 119.15 | +0.009% | $823.8M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.17 | +0.026% | $370.9M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.31 | +0.144% | $234K | $886K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.25 | +0.091% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.16 | +0.014% | $133.7M | $8.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.12 | −0.016% | $452.0M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.13 | −0.012% | $140.3M | $201.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.18 | +0.034% | $495.3M | $455.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.11 | −0.024% | $24.1M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.26 | +0.102% | $27.9M | $128.1M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.21 | +0.060% | $95.7M | $400.5M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.31 | +0.141% | $48.8M | $31.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.25 | +0.096% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.28 | +0.118% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.23 | +0.076% | $365K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.23 | +0.075% | $201K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.24 | +0.082% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.12 | −0.016% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.14 | +0.001% | $46.5M | $102.3M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.17 | +0.029% | $8.7M | $36.3M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.17 | +0.023% | $8.2M | $415.4M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.28 | +0.115% | — | $223.3M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0124% | 1h | 119.25 | +0.096% | $26.7M | $27.6M | 50x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.12 | −0.013% | $32.6M | $95.8M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0085% | 1h | 119.25 | +0.092% | $3.6M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0181% | 1h | 119.22 | +0.065% | $1.1M | $557K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.25 | +0.089% | $1.7M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.38 | +0.202% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.28 | +0.118% | $52.3M | $82.8M | 125x | as long as short |
Lighter SOL
Binance SOLUSDT
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
Aftermath Perps SOLUSD
01 Exchange SOLUSD
BingX SOL-USDT
HTX SOL-USDT
Gate SOL_USDT
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
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
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Deribit SOL_USDC-PERPETUAL
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT