Funding you earn now, next payment 11:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Reya against Lighter−0.051%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.144%+$14 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.051%, 7d avg −0.027%
=Together, before fees+0.152%+ Points / potential airdropLighter: Season 3 · Reya: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.024% cheaper against Lighter than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.027%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 116.86 | 0.0096 | pay 0.0012% / 1h | 5m 40s | $12.9M | $55.5M | 25x |
| Short | Reya SOLRUSDPERP | 116.80 | 0.0200 | get 0.0025% / 1h | 5m 40s | $1.1M | $88K | 25x |
Lighter SOL
Reya SOLRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $21.94
- Price spread: −0.051% → −0.027%
- −$2.44
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $13.5
- Costs to cover
- 0.060%
- Break-even
- 2.7 days
Slippage unknown: Lighter: live order book, 6 min ago; Reya: no order-book sample. Net counts fees only.
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, 6 min ago | 0.51 bp | 0.5 bp −$1 | 1.1 bp −$11 | 5.7 bp −$572 | 18.1 bp −$9,073 |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SOL on 55 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | −0.0232% | 1h | 116.81 | −0.047% | $103K | $645K | 20x | as long as short |
| Bybit SOLUSDT | −0.0051% | 8h | 116.84 | −0.021% | $726.4M | $1.23B | 100x | as long as short |
| Derive SOL-PERP | −0.0036% | 1h | 116.70 | −0.137% | $1.8M | $2.5M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 116.83 | −0.028% | $41K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 116.84 | −0.021% | $1.3M | $15.3M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 116.78 | −0.075% | $100K | $2.6M | 8.3x | as long as short |
| Vest SOL-PERP | +0.0011% | 1h | 116.84 | −0.025% | — | $272K | 20x | as long as short |
| Bitget SOLUSDT | +0.0021% | 8h | 116.84 | −0.019% | $480.6M | $393.0M | 100x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0040% | 1h | 116.85 | −0.010% | $8.5M | $362.9M | 50x | as long as short |
| Orderly PERP_SOL_USDC | +0.0041% | 8h | 116.84 | −0.017% | $993K | $5.0M | 100x | as long as short |
Hibachi SOL/USDT-P
Bybit SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Vest SOL-PERP
Bitget SOLUSDT
Coinbase International SOL-PERP-INTX
Orderly PERP_SOL_USDCShow all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SOLUSDT | +0.0043% | 8h | 116.85 | −0.010% | $176.3M | $156.0M | 100x | as long as short |
| 01 Exchange SOLUSD | +0.0056% | 1h | 116.90 | +0.030% | $101K | $183K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0057% | 1h | 116.90 | +0.031% | $26.3M | $17.6M | 50x | as long as short |
| Aevo SOL-PERP | +0.0064% | 1h | 116.80 | −0.057% | $343K | $265K | 20x | as long as short |
| MEXC SOL_USDT | +0.0066% | 8h | 116.86 | −0.004% | $478.8M | $980.2M | 300x | as long as short |
| Binance SOLUSDT | +0.0067% | 8h | 116.86 | −0.004% | $969.4M | $3.41B | 100x | as long as short |
| Phoenix SOL | +0.0075% | 1h | 116.77 | −0.081% | $6.7M | $12.2M | 25x | as long as short |
| Hotstuff SOL-PERP | +0.0080% | 1h | 117.44 | +0.495% | $1K | $8K | 25x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0083% | 1h | 116.88 | +0.009% | $33.4M | $92.4M | 100x | as long as short |
| SoDEX SOL-USD | +0.0096% | 1h | 116.84 | −0.021% | $6.0M | $11.2M | 20x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 116.86 | long leg | $12.9M | $55.5M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 116.86 | −0.007% | $2.2M | $13.7M | 25x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 116.82 | −0.039% | $44K | $886K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 116.88 | +0.011% | $1.0M | $554K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 116.81 | −0.046% | $5.5M | $38.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 116.97 | +0.090% | $720.5M | $369.4M | 20x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 116.89 | +0.023% | $15.8M | $116.3M | 20x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.85 | −0.013% | $358.8M | $1.54B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 116.80 | −0.056% | $219K | $736K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 116.90 | +0.031% | $1.2M | $7.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.85 | −0.013% | $127.0M | $9.5M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.84 | −0.021% | $840.7M | $598.8M | 100x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.85 | −0.010% | $133.2M | $224.7M | 75x | as long as short |
| BingX SOL-USDC | +0.0100% | 8h | 116.80 | −0.055% | — | $10.5M | — | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 116.84 | −0.021% | $23.1M | $35.9M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 116.80 | −0.052% | $24.9M | $96.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.60 | −0.224% | $93.7M | $357.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 116.70 | −0.138% | $47.8M | $25.8M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 116.63 | −0.199% | $997K | $6.6M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 116.76 | −0.090% | $1.3M | $9.7M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 116.85 | −0.013% | $323K | $2.7M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 116.86 | −0.003% | $284K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 116.82 | −0.040% | $26K | $37K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 116.81 | −0.044% | $190K | $1.4M | 30x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 116.77 | −0.079% | $225.9M | $39.8M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 116.83 | −0.030% | $45.4M | $98.8M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.81 | −0.050% | $8.5M | $32.7M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0056% | 1h | 116.82 | −0.039% | — | $211.6M | 500x | as long as short |
| dYdX SOL-USD | +0.0146% | 1h | 116.86 | −0.006% | $9.2M | $17.9M | 20x | as long as short |
| BloFin SOL-USDT | +0.0186% | 8h | 116.78 | −0.073% | $51.6M | $56.3M | 125x | as long as short |
| Reya SOLRUSDPERPshort | +0.0200% | 1h | 116.80 | −0.051% | $1.1M | $88K | 25x | |
| Injective SOL/USDC PERP | +0.0206% | 1h | 116.85 | −0.013% | $4K | $117 | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0236% / S −0.0183% | 1h | 116.86 | −0.002% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0250% | 1h | 116.90 | +0.027% | $2.2M | $3.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0400% | 1h | 116.78 | −0.077% | $25K | $46K | 20x | as long as short |
Aster SOLUSDT
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
Aevo SOL-PERP
MEXC SOL_USDT
Binance SOLUSDT
Phoenix SOL
Hotstuff SOL-PERP
Kraken Futures PF_SOLUSD
SoDEX SOL-USD
Lighter RH SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Nado SOL-PERP
Hyperliquid SOL
Pacifica SOL
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Arcus SOL-USD
Bulk SOL-USD
Gate SOL_USDT
KuCoin SOLUSDTM
BingX SOL-USDC
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
Bluefin SOL-PERP
SunX SOL-USDT
HTX SOL-USDT
Phemex SOLUSDT
Extended SOL-USD
Jupiter Perps SOL-PERP
dYdX SOL-USD
BloFin SOL-USDT
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Aftermath Perps SOLUSD