SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter against Arcus−0.019%7-day average −0.023% · 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−$10as in the Price arb table

costs, in and out, $10k−$100.102% of the position

Long on Arcus Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.005%−$1 on $10k

Price spread, last 7 days−0.016%−$2 · spread now −0.019%, 7d avg −0.023%

Together, before fees−0.021%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SOL-USD	117.76	0.0100	pay 0.0013% / 1h	3m 01s	$940K	$8.2M	20x
Short	Lighter SOL	117.74	0.0096	get 0.0012% / 1h	3m 01s	$13.2M	$57.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$0.84
Price spread: −0.019% → −0.023%: $0.47
Slippage, 4 orders: −$5.68
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.55
Costs to cover: 0.102%
Break-even: never at this rate

Slippage from Arcus: live order book, 1 min ago; Lighter: live order book, 6 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 Arcus live order book, 1 min ago	0.04 bp	2.3 bp −$2	2.6 bp −$26	6.1 bp −$608	doesn't fit
Sell Lighter live order book, 6 min ago	0.34 bp	0.4 bp $0	1.3 bp −$13	5.3 bp −$535	21.7 bp −$10.9K

SOL on 54 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
Hotstuff SOL-PERP	−0.0080%	1h	117.71	−0.042%	$1K	$8K	25x	as long as short
Kraken Futures PF_SOLUSD	−0.0056%	1h	117.77	+0.005%	$32.6M	$99.4M	100x	as long as short
Bybit SOLUSDT	−0.0045%	8h	117.67	−0.082%	$738.8M	$1.32B	100x	as long as short
Phemex SOLUSDT	−0.0037%	8h	117.72	−0.035%	$45.7M	$101.7M	50x	as long as short
Vest SOL-PERP	−0.0007%	1h	117.71	−0.045%	—	$405K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.72	−0.034%	$40K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.77	+0.007%	$1.3M	$17.9M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.72	−0.032%	$100K	$2.9M	8.3x	as long as short
Bitget SOLUSDT	+0.0026%	8h	117.68	−0.070%	$484.3M	$427.3M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0040%	1h	117.75	−0.009%	$8.2M	$387.8M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SOLUSDT	+0.0053%	8h	117.68	−0.071%	$178.9M	$165.0M	100x	as long as short
Orderly PERP_SOL_USDC	+0.0064%	8h	117.69	−0.058%	$1.0M	$5.5M	100x	as long as short
dYdX SOL-USD	+0.0071%	1h	117.71	−0.043%	$8.2M	$21.2M	20x	as long as short
SoDEX SOL-USD	+0.0087%	1h	117.72	−0.035%	$6.2M	$11.1M	20x	as long as short
Lighter SOLshort	+0.0096%	1h	117.74	−0.019%	$13.2M	$57.2M	25x
Lighter RH SOL	+0.0096%	1h	117.71	−0.043%	$2.2M	$15.0M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.76	−0.001%	$102K	$182K	20x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	117.80	+0.032%	$103K	$647K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.72	−0.037%	$359K	$236K	20x	as long as short
Paradex SOL-USD-PERP	+0.0098%	8h	117.71	−0.044%	$1.0M	$555K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.73	−0.026%	$46K	$848K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.71	−0.041%	$5.5M	$40.4M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.85	+0.076%	$716.7M	$386.2M	20x	as long as short
Pacifica SOL	+0.0100%	1h	117.76	+0.003%	$15.9M	$122.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.68	−0.070%	$974.2M	$3.63B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.65	−0.094%	$366.6M	$1.66B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.69	−0.060%	$221K	$813K	10x	as long as short
Arcus SOL-USDlong	+0.0100%	1h	117.76	long leg	$940K	$8.2M	20x
Gate SOL_USDT	+0.0100%	8h	117.73	−0.026%	$858.4M	$634.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.68	−0.069%	$425.1M	$1.09B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.71	−0.042%	$134.1M	$231.9M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	117.65	−0.093%	—	$10.6M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.72	−0.035%	$23.3M	$36.7M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.85	+0.072%	$25.2M	$101.9M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.80	+0.029%	$94.6M	$409.3M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.73	−0.027%	$48.2M	$26.5M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.75	−0.009%	$1.1M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.76	−0.001%	$1.3M	$10.8M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.69	−0.060%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.72	−0.036%	$285K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.72	−0.038%	$27K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.71	−0.046%	$191K	$1.6M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	117.70	−0.053%	$227.8M	$47.0M	75x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.65	−0.097%	$127.3M	$25.1M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	117.63	−0.111%	$8.4M	$34.5M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	117.72	−0.038%	—	$215.0M	500x	as long as short
Phoenix SOL	+0.0124%	1h	117.89	+0.110%	$6.5M	$13.4M	25x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0147%	1h	117.78	+0.019%	$26.5M	$20.1M	50x	as long as short
Injective SOL/USDC PERP	+0.0179%	1h	116.34	−1.207%	$4K	$124	12x	as long as short
Reya SOLRUSDPERP	+0.0198%	1h	117.68	−0.070%	$1.1M	$541K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.69	−0.060%	$52.0M	$59.9M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0170%	1h	117.73	−0.023%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0411%	1h	117.67	−0.077%	$25K	$53K	20x	as long as short
RISEx SOL/USDC	+0.0480%	1h	117.78	+0.019%	$2.2M	$4.8M	20x	as long as short