Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Lighter RH+0.004%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$100.101% of the position
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.004%, 7d avg −0.018%
=Together, before fees−0.081%+ Points / potential airdropLighter RH: Points live · farm board−$8 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: SoDEX is 0.022% dearer against Lighter RH than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SOL | 116.98 | 0.0096 | pay 0.0012% / 1h | 4m 02s | $2.2M | $17.0M | 25x |
| Short | SoDEX SOL-USD | 116.99 | 0.0100 | get 0.0013% / 1h | 4m 02s | $6.2M | $10.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Lighter RH. 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: +0.004% → −0.018%
- $2.21
- Slippage, 4 orders
- −$2.14
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$7.09
- Costs to cover
- 0.101%
- Break-even
- 66.1 days
Slippage from Lighter RH: live order book, 5 min ago; SoDEX: live order book, 5 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 RH live order book, 5 min ago | 0.64 bp | 0.6 bp −$1 | 1.0 bp −$10 | 26.9 bp −$2,687 | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.43 bp | 4.4 bp −$4 | 4.7 bp −$47 | 15.6 bp −$1,560 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOLUSD | −0.0239% | 1h | 117.01 | +0.021% | $33.0M | $104.1M | 100x | as long as short |
| BingX SOL-USDC | −0.0104% | 8h | 116.97 | −0.013% | — | $10.7M | — | as long as short |
| Bybit SOLUSDT | −0.0104% | 8h | 116.96 | −0.018% | $742.0M | $1.44B | 100x | as long as short |
| Hibachi SOL/USDT-P | −0.0088% | 1h | 117.12 | +0.119% | $104K | $688K | 20x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.11 | +0.107% | $1K | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0034% | 1h | 117.04 | +0.049% | — | $625K | 20x | as long as short |
| Derive SOL-PERP | −0.0010% | 1h | 116.97 | −0.016% | $1.9M | $2.9M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.06 | +0.064% | $42K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.11 | +0.108% | $1.5M | $19.4M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 117.09 | +0.093% | $111K | $3.7M | 8.3x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX SOL-USD | +0.0008% | 1h | 117.10 | +0.097% | $4.4M | $23.8M | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0032% | 1h | 117.09 | +0.090% | $101K | $179K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0048% | 1h | 117.02 | +0.032% | $7.9M | $407.8M | 50x | as long as short |
| Bitget SOLUSDT | +0.0061% | 8h | 116.96 | −0.018% | $482.1M | $461.9M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0095% | 8h | 117.06 | +0.062% | $1.0M | $6.0M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 117.00 | +0.013% | $13.1M | $61.8M | 25x | as long as short |
| Lighter RH SOLlong | +0.0096% | 1h | 116.98 | long leg | $2.2M | $17.0M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 117.01 | +0.024% | $352K | $247K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0099% | 8h | 117.03 | +0.038% | $62K | $911K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 117.07 | +0.070% | $1.0M | $551K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.05 | +0.054% | $5.5M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 117.11 | +0.107% | $701.8M | $408.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 116.99 | +0.001% | $176.3M | $177.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.11 | +0.105% | $15.8M | $130.4M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 116.98 | −0.004% | $973.1M | $3.90B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 116.99 | +0.004% | $372.6M | $1.77B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.02 | +0.030% | $218K | $883K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.08 | +0.080% | $910K | $8.8M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 116.95 | −0.030% | $125.5M | $23.3M | 20x | as long as short |
| Gate SOL_USDT | +0.0100% | 8h | 116.99 | +0.004% | $846.7M | $676.9M | 100x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.00 | +0.013% | $363.9M | $1.09B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 116.99 | +0.005% | $128.8M | $231.4M | 75x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.01 | +0.021% | $23.2M | $38.2M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.05 | +0.059% | $24.8M | $113.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 116.99 | +0.007% | $93.9M | $410.6M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.02 | +0.030% | $47.9M | $30.9M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.06 | +0.062% | $1.2M | $6.8M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.06 | +0.064% | $1.3M | $12.1M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.05 | +0.056% | $316K | $2.8M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.05 | +0.059% | $200K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.04 | +0.050% | $27K | $36K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.06 | +0.061% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USDshort | +0.0100% | 1h | 116.99 | +0.004% | $6.2M | $10.9M | 20x | |
| HTX SOL-USDT | +0.0100% | 8h | 117.07 | +0.075% | $226.7M | $50.5M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.04 | +0.047% | $45.5M | $105.5M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 116.97 | −0.013% | $8.1M | $39.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 117.10 | +0.100% | — | $238.4M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0159% | 1h | 117.09 | +0.092% | $26.5M | $22.0M | 50x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 117.09 | +0.090% | $4K | $2K | 12x | as long as short |
| Phoenix SOL | +0.0179% | 1h | 117.18 | +0.167% | $6.6M | $13.7M | 25x | as long as short |
| Reya SOLRUSDPERP | +0.0193% | 1h | 117.00 | +0.016% | $1.1M | $544K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 117.08 | +0.081% | $51.6M | $68.7M | 125x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0233% / S −0.0173% | 1h | 117.07 | +0.071% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0490% | 1h | 117.00 | +0.012% | $25K | $56K | 20x | as long as short |
| RISEx SOL/USDC | +0.0547% | 1h | 117.14 | +0.130% | $2.1M | $4.9M | 20x | as long as short |
Lighter RH SOL
SoDEX SOL-USD
Kraken Futures PF_SOLUSD
BingX SOL-USDC
Bybit SOLUSDT
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
01 Exchange SOLUSD
Coinbase International SOL-PERP-INTX
Bitget SOLUSDT
Lighter SOL
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
Gate SOL_USDT
MEXC SOL_USDT
KuCoin SOLUSDTM
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
Deribit SOL_USDC-PERPETUAL
Injective SOL/USDC PERP
Phoenix SOL
BloFin SOL-USDT
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD
RISEx SOL/USDC