SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.041%

Price spread now: Lighter RH against dYdX−0.123%59s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.328% of the position

Long on dYdX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.123%, 7d avg +0.012%

Together, before fees+0.238%+ Points / potential airdropLighter RH: Points live · farm board+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.135% cheaper against dYdX than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of +0.012%). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX SOL-USD	117.56	0	get 0.0000% / 1h	55m 43s	$4.5M	$24.1M	20x
Short	Lighter RH SOL	117.42	0.0096	get 0.0012% / 1h	55m 43s	$2.1M	$16.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.123%Rate

Funding earned: $20.16
Price spread: −0.123% → +0.012%: −$13.51
Slippage, 4 orders: −$22.79
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$26.14
Costs to cover: 0.328%
Break-even: 16.1 days

Slippage from dYdX: 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 dYdX live order book, 3 min ago	9.78 bp	14.8 bp −$15	14.8 bp −$148	18.8 bp −$1,879	39.9 bp −$20.0K
Sell Lighter RH live order book, 3 min ago	1.62 bp	1.6 bp −$2	2.2 bp −$22	18.8 bp −$1,877	doesn't fit

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	117.67	+0.092%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.50	−0.054%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.54	−0.014%	$31.5M	$98.1M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.58	+0.020%	$56K	—	150x	as long as short
dYdX SOL-USDlong	0.0000%	1h	117.56	long leg	$4.5M	$24.1M	20x
Kalshi KXSOLPERP	0.0000%	8h	117.64	+0.071%	$1.4M	$19.6M	3.1x	as long as short
Derive SOL-PERP	+0.0009%	1h	117.52	−0.036%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0036%	8h	117.55	−0.010%	$228.4M	$45.5M	75x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	117.63	+0.060%	$100K	$162K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.56	−0.002%	$8.0M	$402.9M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0072%	1h	117.44	−0.100%	$100K	$690K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0078%	1h	117.61	+0.044%	$26.4M	$25.2M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.42	−0.119%	—	$10.6M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.60	+0.037%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.39	−0.141%	$13.1M	$58.9M	25x	as long as short
Lighter RH SOLshort	+0.0096%	1h	117.42	−0.123%	$2.1M	$16.2M	25x
Aevo SOL-PERP	+0.0096%	1h	117.60	+0.035%	$345K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.61	+0.043%	$67K	$840K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.65	+0.077%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.60	+0.034%	$5.8M	$39.9M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.47	−0.076%	$176.3M	$177.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.63	+0.059%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.38	−0.151%	$967.7M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.40	−0.136%	$820.2M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.40	−0.136%	$366.0M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.61	+0.043%	$237K	$851K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.66	+0.086%	$2.0M	$9.0M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.49	−0.060%	$849.7M	$641.5M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.47	−0.077%	$424.0M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.50	−0.048%	$130.5M	$211.2M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.40	−0.133%	$486.7M	$433.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.53	−0.026%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.64	+0.064%	$24.3M	$119.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.44	−0.106%	$94.3M	$405.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.55	−0.012%	$48.2M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.56	0.000%	$1.5M	$6.0M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.49	−0.060%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.62	+0.051%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.60	+0.037%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.58	+0.017%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.62	+0.050%	$191K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.56	0.000%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.54	−0.017%	$45.8M	$100.3M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.089%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	−0.026%	$6.5M	$13.2M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.45	−0.097%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.29	−0.226%	—	$221.4M	500x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.70	+0.115%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0164%	1h	117.54	−0.017%	$717.3M	$395.5M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.61	+0.040%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	−0.094%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.62	+0.051%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0364%	1h	117.53	−0.025%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.70	+0.119%	$128K	$3.8M	8.3x	as long as short