SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%

Price spread now: SoDEX against Lighter−0.012%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$100.104% of the position

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.141%−$14 · spread now −0.012%, 7d avg −0.024%

Together, before fees−0.143%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SOL	116.52	0.0096	pay 0.0012% / 1h	27m 44s	$13.0M	$55.1M	25x
Short	SoDEX SOL-USD	116.51	0.0025	get 0.0003% / 1h	27m 44s	$6.0M	$11.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$14.9
Price spread: −0.012% → −0.024%: $1.25
Slippage, 4 orders: −$2.38
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$24.03
Costs to cover: 0.104%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; SoDEX: 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	0.47 bp	0.8 bp −$1	1.9 bp −$19	7.1 bp −$713	22.2 bp −$11.1K
Sell SoDEX live order book, 4 min ago	0.43 bp	4.4 bp −$4	5.3 bp −$53	20.3 bp −$2,031	doesn't fit

SOL on 54 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	−0.0280%	1h	116.61	+0.072%	$98K	$636K	20x	as long as short
Bybit SOLUSDT	−0.0049%	8h	116.47	−0.042%	$724.6M	$1.23B	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.53	+0.008%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.61	+0.075%	$1.3M	$15.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.58	+0.045%	$99K	$2.6M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	116.57	+0.036%	$26.2M	$17.8M	50x	as long as short
Vest SOL-PERP	+0.0007%	1h	116.55	+0.024%	—	$272K	20x	as long as short
Bitget SOLUSDT	+0.0021%	8h	116.49	−0.026%	$480.2M	$394.1M	100x	as long as short
SoDEX SOL-USDshort	+0.0025%	1h	116.51	−0.012%	$6.0M	$11.2M	20x
Aster SOLUSDT	+0.0036%	8h	116.50	−0.020%	$176.1M	$155.5M	100x	as long as short

Show all 54 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SOLUSD	+0.0040%	1h	116.57	+0.039%	$101K	$183K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	116.53	+0.007%	$8.4M	$362.7M	50x	as long as short
Orderly PERP_SOL_USDC	+0.0043%	8h	116.50	−0.023%	$990K	$5.0M	100x	as long as short
Aevo SOL-PERP	+0.0064%	1h	116.49	−0.027%	$347K	$260K	20x	as long as short
MEXC SOL_USDT	+0.0065%	8h	116.52	−0.003%	$504.2M	$961.2M	300x	as long as short
Binance SOLUSDT	+0.0066%	8h	116.50	−0.021%	$964.4M	$3.41B	100x	as long as short
Phoenix SOL	+0.0075%	1h	116.67	+0.125%	$6.7M	$12.2M	25x	as long as short
Hotstuff SOL-PERP	+0.0080%	1h	117.24	+0.612%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	+0.0083%	1h	116.54	+0.011%	$33.2M	$92.3M	100x	as long as short
Gate SOL_USDT	+0.0087%	8h	116.52	−0.003%	$836.3M	$592.8M	100x	as long as short
Lighter SOLlong	+0.0096%	1h	116.52	long leg	$13.0M	$55.1M	25x
Lighter RH SOL	+0.0096%	1h	116.51	−0.011%	$2.2M	$13.6M	25x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.52	−0.003%	$44K	$886K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.53	+0.001%	$1.0M	$554K	50x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.63	+0.091%	$997K	$6.6M	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.60	+0.065%	$5.6M	$38.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.62	+0.082%	$718.5M	$369.7M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.56	+0.027%	$15.7M	$116.3M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.47	−0.046%	$357.7M	$1.54B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.53	+0.005%	$219K	$740K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.63	+0.088%	$1.2M	$8.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.95	+0.366%	$126.9M	$10.6M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.51	−0.015%	$132.7M	$223.9M	75x	as long as short
BingX SOL-USDT	+0.0100%	8h	116.52	−0.002%	—	$332.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.54	+0.014%	$23.0M	$35.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.55	+0.020%	$24.9M	$96.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.56	+0.030%	$93.6M	$366.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.51	−0.013%	$47.7M	$25.8M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.58	+0.048%	$1.3M	$10.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.52	−0.003%	$320K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.55	+0.024%	$284K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.52	−0.003%	$25K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.51	−0.016%	$189K	$1.4M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.58	+0.048%	$225.5M	$40.2M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.52	−0.003%	$45.3M	$99.1M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	116.47	−0.045%	$8.5M	$33.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	116.59	+0.059%	—	$210.2M	500x	as long as short
BloFin SOL-USDT	+0.0186%	8h	116.58	+0.048%	$51.6M	$56.5M	125x	as long as short
dYdX SOL-USD	+0.0194%	1h	116.57	+0.041%	$9.2M	$17.9M	20x	as long as short
Reya SOLRUSDPERP	+0.0200%	1h	116.49	−0.026%	$1.1M	$88K	25x	as long as short
Injective SOL/USDC PERP	+0.0206%	1h	116.85	+0.280%	$4K	$117	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0171%	1h	116.63	+0.094%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0250%	1h	116.60	+0.064%	$2.1M	$4.0M	20x	as long as short
Aftermath Perps SOLUSD	+0.0383%	1h	116.69	+0.139%	$25K	$46K	20x	as long as short