Funding you earn now, next payment 02:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.009%
Price spread now: BingX against Lighter+0.140%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$130.127% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.140%, 7d avg −0.005%
=Together, before fees−0.156%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.144% dearer against Lighter than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.005%): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 7 days (−0.014% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 117.56 | 0.0096 | pay 0.0012% / 1h | 19m 56s | $13.1M | $60.1M | 25x |
| Short | BingX SOL-USDT | 117.72 | 0.0080 | get 0.0080% / 8h | 6h 19m | — | $370.5M | — |
Lighter SOL
BingX SOL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$3.36
- Price spread: +0.140% → −0.005%
- $14.42
- Slippage, 4 orders
- −$2.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1.6
- Costs to cover
- 0.127%
- Break-even
- from the start
Slippage from Lighter: live order book, 4 min ago; BingX: 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 live order book, 4 min ago | 0.04 bp | 0.7 bp −$1 | 1.7 bp −$17 | 6.3 bp −$627 | 20.7 bp −$10.4K |
| Sell BingX live order book, 4 min ago | 0.81 bp | 5.8 bp −$6 | 5.8 bp −$58 | 8.3 bp −$827 | 12.1 bp −$6,031 |
SOL on 54 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.76 | +0.174% | $921 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0066% | 1h | 117.57 | +0.005% | — | $607K | 20x | as long as short |
| Derive SOL-PERP | −0.0027% | 1h | 117.51 | −0.043% | $2.0M | $2.8M | 13x | as long as short |
| Hibachi SOL/USDT-P | −0.0008% | 1h | 117.78 | +0.190% | $100K | $691K | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 117.58 | +0.016% | $53K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.66 | +0.082% | $4.5M | $24.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.59 | +0.022% | $1.4M | $20.8M | 3.1x | as long as short |
| RISEx SOL/USDC | +0.0018% | 1h | 117.61 | +0.046% | $2.0M | $4.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0030% | 1h | 117.91 | +0.299% | $1.5M | $6.0M | 50x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0039% | 1h | 117.60 | +0.035% | $26.4M | $25.5M | 50x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
Hibachi SOL/USDT-P
gTrade (Gains Network) SOL/USD
dYdX SOL-USD
Kalshi KXSOLPERP
RISEx SOL/USDC
ApeX Omni SOLUSDT
Deribit SOL_USDC-PERPETUALShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | +0.0049% | 1h | 117.55 | −0.009% | $31.5M | $98.8M | 100x | as long as short |
| HTX SOL-USDT | +0.0051% | 8h | 117.54 | −0.020% | $228.4M | $45.5M | 75x | as long as short |
| Gate SOL_USDT | +0.0057% | 8h | 117.58 | +0.017% | $851.3M | $663.4M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0072% | 1h | 117.58 | +0.016% | $8.0M | $408.7M | 50x | as long as short |
| BingX SOL-USDTshort | +0.0080% | 8h | 117.72 | +0.140% | — | $370.5M | — | |
| Orderly PERP_SOL_USDC | +0.0087% | 8h | 117.59 | +0.029% | $1.1M | $5.8M | 100x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 117.56 | long leg | $13.1M | $60.1M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 117.55 | −0.009% | $2.1M | $16.8M | 25x | as long as short |
| 01 Exchange SOLUSD | +0.0096% | 1h | 117.62 | +0.051% | $103K | $159K | 20x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 117.56 | −0.002% | $344K | $258K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.64 | +0.065% | $1.0M | $519K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.56 | 0.000% | $64K | $855K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.62 | +0.051% | $5.7M | $41.5M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.57 | +0.009% | $176.4M | $179.7M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.65 | +0.077% | $14.4M | $128.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.73 | +0.145% | $970.4M | $3.80B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.75 | +0.162% | $821.0M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.71 | +0.128% | $365.7M | $1.67B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.61 | +0.043% | $239K | $891K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.61 | +0.043% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.00 | +0.374% | $135.1M | $14.3M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.71 | +0.128% | $425.9M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.71 | +0.125% | $131.3M | $210.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.71 | +0.124% | $487.5M | $441.3M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.66 | +0.085% | $23.8M | $37.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.74 | +0.156% | $24.4M | $122.5M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.93 | +0.317% | $94.7M | $404.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.96 | +0.342% | $48.3M | $28.8M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.96 | +0.340% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.58 | +0.017% | $353K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.57 | +0.009% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.58 | +0.021% | $37K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.60 | +0.031% | $191K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.56 | 0.000% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.56 | 0.000% | $45.8M | $101.4M | 50x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 118.11 | +0.468% | $6.5M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.67 | +0.097% | $8.1M | $36.2M | 50x | as long as short |
| Hyperliquid SOL | +0.0105% | 1h | 117.69 | +0.111% | $719.6M | $400.1M | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.59 | +0.023% | — | $226.2M | 500x | as long as short |
| Reya SOLRUSDPERP | +0.0188% | 1h | 117.56 | +0.001% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0222% | 1h | 117.87 | +0.264% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0174% | 1h | 117.57 | +0.011% | $3.6M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0338% | 1h | 117.86 | +0.254% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.63 | +0.060% | $129K | $3.9M | 8.3x | as long as short |
Kraken Futures PF_SOLUSD
HTX SOL-USDT
Gate SOL_USDT
Coinbase International SOL-PERP-INTX
Orderly PERP_SOL_USDC
Lighter RH SOL
01 Exchange SOLUSD
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
Phoenix SOL
Extended SOL-USD
Hyperliquid SOL
Jupiter Perps SOL-PERP
Reya SOLRUSDPERP
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
Perpl SOL