SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.042%

Price spread now: Lighter against dYdX+0.019%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on dYdX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

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

Together, before fees+0.095%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX SOL-USD	116.13	0.0013	pay 0.0002% / 1h	34m 56s	$4.3M	$24.6M	20x
Short	Lighter SOL	116.15	0.0096	get 0.0012% / 1h	34m 56s	$13.0M	$60.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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 dYdXbpFee LighterbpOrdersPrice spread, now +0.019%Rate

Funding earned: $17.47
Price spread: +0.019% → +0.016%: $0.22
Slippage, 4 orders: −$27.02
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$19.33
Costs to cover: 0.370%
Break-even: 14.7 days

Slippage from dYdX: live order book, 4 min ago; Lighter: live order book, 4 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 dYdX live order book, 4 min ago	12.94 bp	17.9 bp −$18	18.7 bp −$187	18.8 bp −$1,879	47.0 bp −$23.5K
Sell Lighter live order book, 4 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	−0.0240%	1h	116.18	+0.044%	$31.8M	$103.8M	100x	as long as short
Hibachi SOL/USDT-P	−0.0216%	1h	116.01	−0.106%	$104K	$706K	20x	as long as short
Derive SOL-PERP	−0.0125%	1h	116.09	−0.035%	$1.9M	$2.9M	13x	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.90	−0.201%	$740.3M	$1.42B	100x	as long as short
BingX SOL-USDC	−0.0115%	8h	116.00	−0.112%	—	$10.6M	—	as long as short
Vest SOL-PERP	−0.0109%	1h	116.12	−0.006%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.37	+0.202%	$1K	$8K	25x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.17	+0.036%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.19	+0.048%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.18	+0.039%	$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 SOLUSD	+0.0008%	1h	116.16	+0.025%	$99K	$177K	20x	as long as short
dYdX SOL-USDlong	+0.0013%	1h	116.13	long leg	$4.3M	$24.6M	20x
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.18	+0.041%	$7.8M	$405.2M	50x	as long as short
Bitget SOLUSDT	+0.0070%	8h	115.97	−0.141%	$480.2M	$454.9M	100x	as long as short
Bullet SOL-USD	+0.0078%	1h	116.17	+0.029%	$147K	$1.6M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0095%	8h	116.20	+0.060%	$1.0M	$5.9M	100x	as long as short
Lighter SOLshort	+0.0096%	1h	116.15	+0.019%	$13.0M	$60.8M	25x
Lighter RH SOL	+0.0096%	1h	116.14	+0.008%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.18	+0.042%	$349K	$247K	20x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	116.10	−0.027%	$65K	$906K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	116.21	+0.064%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.13	−0.004%	$5.3M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.17	+0.033%	$688.4M	$398.9M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	115.97	−0.141%	$174.0M	$184.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	116.19	+0.048%	$15.6M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.98	−0.130%	$963.1M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.93	−0.173%	$361.2M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.07	−0.053%	$216K	$874K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.19	+0.046%	$917K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.091%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.00	−0.113%	$839.7M	$665.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.98	−0.130%	$357.9M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.01	−0.104%	$123.8M	$229.0M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.12	−0.010%	$22.9M	$40.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.00	−0.116%	$24.8M	$114.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.94	−0.163%	$93.1M	$405.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.99	−0.122%	$47.5M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.00	−0.114%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	115.96	−0.148%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.14	+0.007%	$319K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.17	+0.029%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.18	+0.046%	$189K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	116.18	+0.042%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.14	+0.011%	$225.0M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.15	+0.016%	$45.2M	$104.3M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.94	−0.164%	$7.9M	$38.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	116.16	+0.020%	—	$239.1M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0123%	1h	116.24	+0.093%	$26.3M	$22.0M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.360%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.11	−0.018%	$6.4M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	116.14	+0.006%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.16	+0.025%	$52.0M	$68.0M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	116.17	+0.033%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	116.21	+0.066%	$2.0M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0600%	1h	116.15	+0.015%	$25K	$52K	20x	as long as short