Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Bulk+0.064%7-day average −0.003% · 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−$11as in the Price arb table
costs, in and out, $10k−$170.173% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.064%, 7d avg −0.003%
=Together, before fees−0.068%+ Points / potential airdropLighter RH: Points live · farm board−$7 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 0.067% dearer against Bulk than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk SOL-USD | 119.25 | 0.0100 | pay 0.0013% / 1h | 11m 17s | $133.7M | $10.9M | 20x |
| Short | Lighter RH SOL | 119.33 | 0.0096 | get 0.0012% / 1h | 11m 17s | $2.1M | $17.0M | 25x |
Bulk SOL-USD
Lighter RH SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bulk. 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: +0.064% → −0.003%
- $6.71
- Slippage, 4 orders
- −$10.29
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.42
- Costs to cover
- 0.173%
- Break-even
- never at this rate
Slippage from Bulk: 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 Bulk live order book, 3 min ago | 4.18 bp | 7.7 bp −$8 | 7.7 bp −$77 | 7.7 bp −$768 | 7.7 bp −$3,841 |
| Sell Lighter RH live order book, 3 min ago | 0.96 bp | 1.0 bp −$1 | 2.5 bp −$25 | 20.9 bp −$2,090 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 119.15 | −0.084% | $4K | $2K | 12x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.27 | +0.019% | $846 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0071% | 1h | 119.32 | +0.058% | — | $724K | 20x | as long as short |
| Derive SOL-PERP | −0.0056% | 1h | 119.21 | −0.034% | $2.0M | $3.1M | 13x | as long as short |
| dYdX SOL-USD | −0.0007% | 1h | 119.34 | +0.075% | $4.9M | $27.1M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.39 | +0.117% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.41 | +0.137% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.36 | +0.092% | $179K | $4.0M | 8.3x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0028% | 1h | 119.43 | +0.152% | $26.8M | $27.7M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0039% | 1h | 119.48 | +0.197% | $24K | $47K | 20x | as long as short |
Injective SOL/USDC PERP
Hotstuff SOL-PERP
Vest SOL-PERP
Derive SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Deribit SOL_USDC-PERPETUAL
Aftermath Perps SOLUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SOL-USDT | +0.0052% | 8h | 119.32 | +0.055% | $232.4M | $44.7M | 75x | as long as short |
| Orderly PERP_SOL_USDC | +0.0062% | 8h | 119.38 | +0.111% | $1.1M | $5.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 119.31 | +0.053% | $120K | $633K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.43 | +0.151% | $105K | $151K | 20x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.39 | +0.116% | — | $374.2M | — | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 119.37 | +0.101% | $871.0M | $688.3M | 100x | as long as short |
| Lighter SOL | +0.0096% | 1h | 119.35 | +0.083% | $13.7M | $55.5M | 25x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 119.33 | +0.064% | $2.1M | $17.0M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 119.35 | +0.084% | $354K | $747K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.35 | +0.081% | $1.0M | $523K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.40 | +0.126% | $49K | $785K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.38 | +0.109% | $6.3M | $41.9M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.47 | +0.184% | $721.0M | $415.2M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.36 | +0.094% | $179.7M | $176.1M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.40 | +0.122% | $12.4M | $115.5M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.38 | +0.109% | $977.3M | $3.78B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.39 | +0.118% | $825.3M | $1.27B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.35 | +0.084% | $372.0M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.28 | +0.025% | $234K | $868K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.44 | +0.156% | $2.0M | $9.0M | 20x | as long as short |
| Bulk SOL-USDlong | +0.0100% | 1h | 119.25 | long leg | $133.7M | $10.9M | 20x | |
| MEXC SOL_USDT | +0.0100% | 8h | 119.39 | +0.117% | $432.6M | $1.12B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.40 | +0.123% | $140.8M | $197.9M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.36 | +0.091% | $497.9M | $453.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.29 | +0.033% | $24.3M | $38.1M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.47 | +0.184% | $27.4M | $127.6M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.43 | +0.153% | $95.9M | $402.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.33 | +0.067% | $48.8M | $33.1M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.38 | +0.112% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.36 | +0.092% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.38 | +0.109% | $364K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.38 | +0.111% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.38 | +0.106% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.38 | +0.106% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.34 | +0.075% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.38 | +0.109% | $46.6M | $101.7M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.34 | +0.076% | $8.7M | $36.6M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.40 | +0.125% | $8.2M | $417.2M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.31 | +0.047% | — | $221.7M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.39 | +0.117% | $6.6M | $12.5M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0171% / S −0.0090% | 1h | 119.40 | +0.123% | $3.6M | — | 200x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.44 | +0.158% | $1.6M | $6.0M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.38 | +0.108% | $1.1M | $558K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.37 | +0.101% | $52.0M | $86.8M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0223% | 1h | 119.37 | +0.103% | $35.5M | $91.2M | 100x | as long as short |
HTX SOL-USDT
Orderly PERP_SOL_USDC
Hibachi SOL/USDT-P
01 Exchange SOLUSD
BingX SOL-USDT
Gate SOL_USDT
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
Arcus SOL-USD
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
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
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD