Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.033%
Price spread now: Lighter RH against GMX−0.045%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.117%−$12 on $10k
+Price spread, last 3 days (all we have)+0.125%+$12 · spread now −0.045%, 7d avg −0.033%
=Together, before fees+0.008%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, 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 | GMX SOL/USD [SOL-USDC] | 119.19 | L +0.0171% / S −0.0089% | pay 0.0021% / 1h | 58m 36s | $3.6M | — | 200x |
| Short | Lighter RH SOL | 119.14 | 0.0096 | get 0.0012% / 1h | 58m 36s | $2.1M | $16.6M | 25x |
GMX SOL/USD [SOL-USDC]
Lighter RH SOLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against GMX. 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
- −$15.78
- Price spread: −0.045% → −0.033%
- −$1.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$29.01
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 1.09 bp | 1.8 bp −$2 | 3.0 bp −$30 | 26.8 bp −$2,683 | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Derive SOL-PERP | −0.0100% | 1h | 119.10 | −0.081% | $2.0M | $3.1M | 13x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.09 | −0.084% | $844 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0064% | 1h | 119.10 | −0.078% | — | $724K | 20x | as long as short |
| dYdX SOL-USD | −0.0033% | 1h | 119.23 | +0.028% | $4.9M | $27.2M | 20x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.20 | +0.005% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.21 | +0.014% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.16 | −0.026% | $179K | $4.0M | 8.3x | as long as short |
| Lighter SOL | +0.0024% | 1h | 119.16 | −0.032% | $13.6M | $54.6M | 25x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0028% | 1h | 119.25 | +0.048% | $26.7M | $27.7M | 50x | as long as short |
| Aftermath Perps SOLUSD | +0.0047% | 1h | 119.22 | +0.019% | $24K | $47K | 20x | as long as short |
Derive SOL-PERP
Hotstuff SOL-PERP
Vest SOL-PERP
dYdX SOL-USD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
Lighter 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi SOL/USDT-P | +0.0056% | 1h | 119.22 | +0.022% | $120K | $625K | 20x | as long as short |
| Orderly PERP_SOL_USDC | +0.0063% | 8h | 119.20 | +0.009% | $1.1M | $5.9M | 100x | as long as short |
| HTX SOL-USDT | +0.0064% | 8h | 119.15 | −0.038% | $232.1M | $44.7M | 75x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.18 | −0.012% | $104K | $152K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.14 | −0.044% | — | $10.5M | — | as long as short |
| Gate SOL_USDT | +0.0090% | 8h | 119.16 | −0.029% | $868.3M | $673.6M | 100x | as long as short |
| ApeX Omni SOLUSDT | +0.0095% | 1h | 119.15 | −0.037% | $1.5M | $6.2M | 50x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 119.14 | −0.045% | $2.1M | $16.6M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 119.18 | −0.011% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.12 | −0.065% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.12 | −0.062% | $48K | $787K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.15 | −0.040% | $6.3M | $42.0M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.25 | +0.047% | $719.4M | $414.7M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.15 | −0.035% | $178.7M | $176.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.19 | −0.005% | $12.4M | $116.2M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.13 | −0.054% | $976.3M | $3.79B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.17 | −0.020% | $822.2M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.12 | −0.062% | $372.0M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.03 | −0.138% | $233K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.22 | +0.020% | $2.0M | $8.9M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 119.05 | −0.118% | $133.5M | $10.2M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.15 | −0.037% | $435.4M | $1.10B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.18 | −0.015% | $140.6M | $199.0M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.13 | −0.052% | $496.7M | $453.6M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.27 | +0.063% | $24.2M | $38.5M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.18 | −0.012% | $27.4M | $127.8M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.14 | −0.046% | $95.7M | $398.3M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.08 | −0.096% | $48.7M | $33.0M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.22 | +0.021% | $1.4M | $13.3M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.14 | −0.046% | $363K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.18 | −0.011% | $201K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.19 | 0.000% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.10 | −0.076% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.19 | −0.004% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.25 | +0.047% | $46.6M | $102.1M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.14 | −0.048% | $8.7M | $36.6M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.24 | +0.038% | $8.2M | $416.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.13 | −0.058% | — | $222.1M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.20 | +0.004% | $35.5M | $91.3M | 100x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.22 | +0.021% | $6.5M | $12.3M | 25x | as long as short |
| GMX SOL/USD [SOL-USDC]long | L +0.0171% / S −0.0089% | 1h | 119.19 | long leg | $3.6M | — | 200x | |
| Reya SOLRUSDPERP | +0.0180% | 1h | 119.13 | −0.054% | $1.1M | $558K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.17 | −0.023% | $1.6M | $6.0M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.41 | +0.181% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.20 | +0.005% | $52.1M | $86.8M | 125x | as long as short |
Hibachi SOL/USDT-P
Orderly PERP_SOL_USDC
HTX SOL-USDT
01 Exchange SOLUSD
BingX SOL-USDC
Gate SOL_USDT
ApeX Omni SOLUSDT
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
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
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Kraken Futures PF_SOLUSD
Phoenix SOL
Reya SOLRUSDPERP
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT