Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Arcus+0.054%7-day average −0.028% · 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−$2as in the Price arb table
costs, in and out, $10k−$100.099% of the position
Funding, last 3 days (all we have)−0.005%$0 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.054%, 7d avg −0.028%
=Together, before fees−0.090%+ Points / potential airdropLighter RH: Points live · farm board−$9 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: Lighter RH is 0.082% dearer against Arcus than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SOL-USD | 118.64 | 0.0100 | pay 0.0013% / 1h | 55m 44s | $1.9M | $9.1M | 20x |
| Short | Lighter RH SOL | 118.70 | 0.0096 | get 0.0012% / 1h | 55m 44s | $2.1M | $16.5M | 25x |
Arcus SOL-USD
Lighter RH SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Arcus. 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: +0.054% → −0.028%
- $8.18
- Slippage, 4 orders
- −$5.42
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$2.58
- Costs to cover
- 0.099%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; Lighter RH: live order book, 3 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, 3 min ago | 0.13 bp | 3.9 bp −$4 | 4.9 bp −$49 | 11.4 bp −$1,142 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.77 bp | 1.8 bp −$2 | 2.2 bp −$22 | 23.8 bp −$2,381 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 118.86 | +0.190% | $843 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0079% | 1h | 118.71 | +0.064% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0062% | 1h | 118.69 | +0.046% | $2.0M | $2.8M | 13x | as long as short |
| dYdX SOL-USD | −0.0023% | 1h | 118.74 | +0.090% | $4.9M | $28.0M | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0014% | 1h | 118.82 | +0.153% | $32.6M | $97.0M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 118.75 | +0.095% | $55K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 118.90 | +0.226% | $1.2M | $20.8M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 118.73 | +0.077% | $175K | $3.9M | 8.3x | as long as short |
| ApeX Omni SOLUSDT | +0.0029% | 1h | 118.78 | +0.121% | $1.5M | $6.1M | 50x | as long as short |
| Gate SOL_USDT | +0.0037% | 8h | 118.78 | +0.121% | $861.0M | $658.0M | 100x | as long as short |
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
dYdX SOL-USD
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
ApeX Omni SOLUSDT
Gate SOL_USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SOLUSD | +0.0040% | 1h | 118.77 | +0.112% | $103K | $159K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0078% | 8h | 118.78 | +0.119% | $1.0M | $5.9M | 100x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 118.75 | +0.098% | — | $370.0M | — | as long as short |
| Hibachi SOL/USDT-P | +0.0080% | 1h | 118.87 | +0.195% | $121K | $642K | 20x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0088% | 1h | 118.82 | +0.154% | $8.1M | $416.2M | 50x | as long as short |
| Lighter SOL | +0.0096% | 1h | 118.68 | +0.040% | $13.4M | $54.6M | 25x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 118.70 | +0.054% | $2.1M | $16.5M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 118.78 | +0.120% | $352K | $570K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 118.64 | +0.002% | $1.0M | $520K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 118.81 | +0.146% | $45K | $797K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 118.74 | +0.085% | $5.8M | $41.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 118.83 | +0.163% | $719.5M | $408.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 118.73 | +0.076% | $178.3M | $177.3M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 118.70 | +0.057% | $12.2M | $122.9M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 118.66 | +0.019% | $977.9M | $3.82B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 118.67 | +0.032% | $822.7M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 118.62 | −0.014% | $370.6M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 118.58 | −0.048% | $231K | $876K | 10x | as long as short |
| Arcus SOL-USDlong | +0.0100% | 1h | 118.64 | long leg | $1.9M | $9.1M | 20x | |
| Bulk SOL-USD | +0.0100% | 1h | 118.81 | +0.149% | $133.9M | $4.4M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 118.67 | +0.028% | $429.4M | $1.11B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 118.69 | +0.043% | $137.9M | $207.3M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 118.61 | −0.019% | $492.1M | $457.5M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 118.81 | +0.146% | $24.2M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.86 | +0.187% | $27.1M | $128.7M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.86 | +0.186% | $95.5M | $402.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.90 | +0.222% | $48.7M | $30.5M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 118.86 | +0.188% | $1.4M | $13.7M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 118.74 | +0.087% | $355K | $2.5M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 118.72 | +0.072% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 118.77 | +0.115% | $37K | $17K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 118.79 | +0.127% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 118.79 | +0.129% | $6.2M | $10.8M | 20x | as long as short |
| HTX SOL-USDT | +0.0100% | 8h | 118.71 | +0.058% | $231.0M | $45.0M | 75x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 118.80 | +0.137% | $46.5M | $102.4M | 50x | as long as short |
| Phoenix SOL | +0.0100% | 1h | 118.85 | +0.180% | $6.6M | $13.5M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 118.75 | +0.097% | $8.7M | $36.0M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0119% | 1h | 118.80 | +0.141% | $24K | $47K | 20x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 118.88 | +0.207% | — | $224.9M | 500x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0127% | 1h | 118.83 | +0.159% | $26.6M | $25.3M | 50x | as long as short |
| RISEx SOL/USDC | +0.0161% | 1h | 118.79 | +0.133% | $1.8M | $4.8M | 20x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0166% / S −0.0084% | 1h | 118.73 | +0.081% | $3.5M | — | 200x | as long as short |
| Injective SOL/USDC PERP | +0.0173% | 1h | 118.66 | +0.019% | $4K | $2K | 12x | as long as short |
| Reya SOLRUSDPERP | +0.0185% | 1h | 118.70 | +0.053% | $1.1M | $531K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 118.84 | +0.171% | $51.8M | $80.2M | 125x | as long as short |
01 Exchange SOLUSD
Orderly PERP_SOL_USDC
BingX SOL-USDT
Hibachi SOL/USDT-P
Coinbase International SOL-PERP-INTX
Lighter SOL
Aevo SOL-PERP
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Nado SOL-PERP
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Ondo Perps SOL-USD.P
Bulk SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
HTX SOL-USDT
Phemex SOLUSDT
Phoenix SOL
Extended SOL-USD
Aftermath Perps SOLUSD
Jupiter Perps SOL-PERP
Deribit SOL_USDC-PERPETUAL
RISEx SOL/USDC
GMX SOL/USD [SOL-USDC]
Injective SOL/USDC PERP
Reya SOLRUSDPERP
BloFin SOL-USDT