SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against 01 Exchange−0.092%7-day average −0.020% · 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−$28as in the Price arb table

costs, in and out, $10k−$210.205% of the position

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.092%, 7d avg −0.020%

Together, before fees−0.022%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.072% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.020%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SOLUSD	115.93	0.0008	pay 0.0001% / 1h	34m 07s	$99K	$176K	20x
Short	Lighter SOL	115.82	0.0096	get 0.0012% / 1h	34m 07s	$12.9M	$60.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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 01 ExchangebpFee LighterbpOrdersPrice spread, now −0.092%Rate

Funding earned: $18.48
Price spread: −0.092% → −0.020%: −$7.24
Slippage, 4 orders: −$13.52
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$9.28
Costs to cover: 0.205%
Break-even: 10.5 days

Slippage from 01 Exchange: live order book, 15 min ago; Lighter: 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 01 Exchange live order book, 15 min ago	0.86 bp	10.8 bp −$11	12.3 bp −$123	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.52 bp	0.5 bp −$1	1.0 bp −$10	4.6 bp −$464	24.5 bp −$12.2K

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	−0.0241%	1h	115.83	−0.085%	$31.7M	$103.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0208%	1h	116.18	+0.214%	$104K	$700K	20x	as long as short
Derive SOL-PERP	−0.0125%	1h	115.75	−0.156%	$1.9M	$2.9M	13x	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.80	−0.112%	$739.8M	$1.42B	100x	as long as short
BingX SOL-USDT	−0.0115%	8h	115.81	−0.099%	—	$368.7M	—	as long as short
Vest SOL-PERP	−0.0106%	1h	115.94	+0.008%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.15	+0.191%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.84	−0.078%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.88	−0.040%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	115.95	+0.015%	$113K	$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
01 Exchange SOLUSDlong	+0.0008%	1h	115.93	long leg	$99K	$176K	20x
dYdX SOL-USD	+0.0015%	1h	115.95	+0.020%	$4.3M	$24.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.85	−0.072%	$7.8M	$404.0M	50x	as long as short
Bitget SOLUSDT	+0.0070%	8h	115.80	−0.110%	$479.5M	$454.7M	100x	as long as short
Bullet SOL-USD	+0.0080%	1h	115.83	−0.086%	$146K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	115.86	−0.056%	$1.0M	$5.9M	100x	as long as short
Lighter SOLshort	+0.0096%	1h	115.82	−0.092%	$12.9M	$60.8M	25x
Lighter RH SOL	+0.0096%	1h	115.83	−0.086%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	115.83	−0.087%	$348K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.88	−0.043%	$64K	$906K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.94	+0.011%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.92	−0.010%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.91	−0.017%	$686.8M	$399.0M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	115.82	−0.091%	$173.8M	$184.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	115.96	+0.022%	$15.6M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.85	−0.069%	$962.0M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.82	−0.095%	$360.8M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.93	0.000%	$216K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.95	+0.021%	$916K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.265%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.84	−0.078%	$838.7M	$666.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.85	−0.069%	$356.6M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.82	−0.097%	$123.6M	$229.0M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.82	−0.095%	$22.8M	$40.3M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.00	+0.058%	$24.8M	$114.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.94	+0.011%	$93.1M	$405.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.99	+0.052%	$47.5M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.00	+0.060%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.14	+0.181%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.84	−0.078%	$317K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.83	−0.089%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.92	−0.004%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.84	−0.078%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.79	−0.122%	$224.3M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.87	−0.052%	$45.1M	$104.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.78	−0.133%	$7.9M	$38.8M	50x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0116%	1h	115.88	−0.041%	$26.2M	$22.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.91	−0.017%	—	$239.2M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.535%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.11	+0.155%	$6.4M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.82	−0.097%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.16	+0.198%	$52.0M	$68.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.82	−0.091%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.98	+0.040%	$2.0M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0604%	1h	116.08	+0.126%	$25K	$53K	20x	as long as short