SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Pacifica against Lighter+0.032%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$120.121% of the position

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.032%, 7d avg +0.008%

Together, before fees−0.064%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$6 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: Pacifica is 0.024% dearer against Lighter than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOL	119.76	0.0096	pay 0.0012% / 1h	21m 24s	$13.7M	$54.6M	25x
Short	Pacifica SOL	119.80	0.0100	get 0.0013% / 1h	21m 24s	$12.4M	$114.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter. 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 LighterbpFee PacificabpOrdersPrice spread, now +0.032%Rate

Funding earned: $0.84
Price spread: +0.032% → +0.008%: $2.41
Slippage, 4 orders: −$4.08
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$8.83
Costs to cover: 0.121%
Break-even: 80.6 days

Slippage from Lighter: live order book, 8 min ago; Pacifica: 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	0.04 bp	0.6 bp −$1	2.7 bp −$27	7.1 bp −$708	18.3 bp −$9,160
Sell Pacifica live order book, 3 min ago	0.42 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit

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	119.15	−0.509%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.59	−0.144%	$848	$8K	25x	as long as short
Vest SOL-PERP	−0.0075%	1h	119.70	−0.048%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0047%	1h	119.69	−0.058%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0001%	1h	119.82	+0.050%	$4.9M	$26.9M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.77	+0.005%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.79	+0.024%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.77	+0.006%	$180K	$4.0M	8.3x	as long as short
Aftermath Perps SOLUSD	+0.0017%	1h	119.49	−0.227%	$24K	$47K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0044%	1h	119.85	+0.076%	$26.9M	$27.7M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0056%	1h	119.59	−0.141%	$120K	$605K	20x	as long as short
HTX SOL-USDT	+0.0056%	8h	119.63	−0.107%	$233.0M	$44.5M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0061%	8h	119.78	+0.013%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.80	+0.033%	$105K	$152K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	119.71	−0.041%	—	$10.5M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.78	+0.017%	$875.1M	$685.8M	100x	as long as short
Lighter SOLlong	+0.0096%	1h	119.76	long leg	$13.7M	$54.6M	25x
Lighter RH SOL	+0.0096%	1h	119.75	−0.007%	$2.1M	$16.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.78	+0.013%	$356K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.74	−0.018%	$1.1M	$524K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.75	−0.008%	$48K	$787K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.78	+0.013%	$6.5M	$41.8M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.82	+0.050%	$723.3M	$410.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.78	+0.018%	$180.4M	$175.4M	100x	as long as short
Pacifica SOLshort	+0.0100%	1h	119.80	+0.032%	$12.4M	$114.7M	20x
Binance SOLUSDT	+0.0100%	8h	119.74	−0.017%	$978.2M	$3.77B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.78	+0.017%	$831.4M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.74	−0.017%	$372.7M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.68	−0.067%	$235K	$877K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.81	+0.043%	$2.0M	$8.9M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.66	−0.085%	$134.1M	$11.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.73	−0.025%	$424.9M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.77	+0.007%	$143.0M	$197.4M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.79	+0.023%	$500.7M	$451.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.75	−0.008%	$24.5M	$38.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.50	−0.216%	$27.5M	$127.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.60	−0.133%	$96.1M	$399.9M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.58	−0.151%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.59	−0.141%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.65	−0.092%	$1.4M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.80	+0.033%	$372K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.73	−0.021%	$203K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.77	+0.008%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.74	−0.021%	$195K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.80	+0.033%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.78	+0.017%	$46.8M	$101.0M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.77	+0.004%	$8.8M	$37.0M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.85	+0.078%	$8.2M	$418.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.76	0.000%	—	$219.6M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.75	−0.008%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.80	+0.033%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.71	−0.040%	$1.1M	$562K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.59	−0.142%	$51.8M	$86.4M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.84	+0.064%	$35.9M	$90.7M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0171%	1h	119.77	+0.004%	$3.6M	—	200x	as long as short