Funding you earn now, next payment 22:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Lighter−0.225%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.225% cheaper against Lighter than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 119.54 | 0.0096 | pay 0.0012% / 1h | 25m 04s | $13.6M | $54.4M | 25x |
| Short | Hotstuff SOL-PERP | 119.27 | −0.0080 | pay 0.0010% / 1h | 25m 04s | $846 | $8K | 25x |
Lighter SOL
Hotstuff SOL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Lighter. 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
- −$36.96
- Price spread: −0.225% → 0.000%
- −$22.5
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$64.46
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Hotstuff: no order-book sample. 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 Lighter live order book, 4 min ago | 0.04 bp | 0.6 bp −$1 | 2.7 bp −$27 | 7.1 bp −$708 | 18.3 bp −$9,160 |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SOL/USDC PERP | −0.0151% | 1h | 119.15 | −0.326% | $4K | $2K | 12x | as long as short |
| Hotstuff SOL-PERPshort | −0.0080% | 1h | 119.27 | −0.225% | $846 | $8K | 25x | |
| Vest SOL-PERP | −0.0076% | 1h | 119.43 | −0.096% | — | $724K | 20x | as long as short |
| Derive SOL-PERP | −0.0054% | 1h | 119.45 | −0.075% | $2.0M | $3.2M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L 0.0000% / S +0.0004% | 1h | 119.52 | −0.020% | $54K | — | 150x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.49 | −0.041% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.51 | −0.026% | $180K | $4.0M | 8.3x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 119.53 | −0.012% | $4.9M | $26.9M | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0013% | 1h | 119.22 | −0.264% | $24K | $47K | 20x | as long as short |
| HTX SOL-USDT | +0.0060% | 8h | 119.46 | −0.065% | $232.8M | $43.7M | 75x | as long as short |
Injective SOL/USDC PERP
Vest SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Perpl SOL
dYdX SOL-USD
Aftermath Perps SOLUSD
HTX SOL-USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SOL_USDC | +0.0060% | 8h | 119.54 | +0.001% | $1.1M | $5.9M | 100x | as long as short |
| Hibachi SOL/USDT-P | +0.0064% | 1h | 119.50 | −0.030% | $122K | $602K | 20x | as long as short |
| 01 Exchange SOLUSD | +0.0072% | 1h | 119.52 | −0.017% | $105K | $152K | 20x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0079% | 1h | 119.61 | +0.060% | $26.8M | $27.6M | 50x | as long as short |
| BingX SOL-USDT | +0.0080% | 8h | 119.57 | +0.028% | — | $371.6M | — | as long as short |
| Gate SOL_USDT | +0.0086% | 8h | 119.56 | +0.017% | $872.7M | $683.1M | 100x | as long as short |
| ApeX Omni SOLUSDT | +0.0091% | 1h | 119.29 | −0.209% | $1.5M | $6.2M | 50x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 119.54 | long leg | $13.6M | $54.4M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 119.53 | −0.008% | $2.1M | $16.9M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.53 | −0.005% | $355K | $741K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.46 | −0.068% | $1.0M | $524K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.48 | −0.050% | $45K | $783K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.44 | −0.083% | $6.4M | $41.7M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.65 | +0.090% | $722.2M | $416.3M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.57 | +0.027% | $180.1M | $175.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.48 | −0.054% | $12.4M | $114.7M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.61 | +0.059% | $977.1M | $3.75B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.65 | +0.092% | $828.7M | $1.26B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.60 | +0.050% | $372.1M | $1.71B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.38 | −0.134% | $234K | $874K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.55 | +0.005% | $2.0M | $8.9M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.55 | +0.008% | $474.0M | $1.09B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 119.55 | +0.007% | $142.8M | $196.4M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 119.58 | +0.033% | $499.9M | $449.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.60 | +0.050% | $24.4M | $38.3M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 119.50 | −0.033% | $27.5M | $127.2M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 119.25 | −0.239% | $95.8M | $398.1M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 119.36 | −0.151% | $48.8M | $33.3M | 20x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.41 | −0.109% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.50 | −0.033% | $369K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.48 | −0.049% | $202K | $1.7M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 119.51 | −0.024% | $38K | $16K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.51 | −0.029% | $194K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.54 | 0.000% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.50 | −0.033% | $46.7M | $100.5M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.98 | −0.467% | $133.4M | $11.1M | 20x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.53 | −0.009% | $8.8M | $37.0M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.60 | +0.054% | $8.1M | $416.5M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.51 | −0.022% | — | $217.6M | 500x | as long as short |
| Phoenix SOL | +0.0154% | 1h | 119.53 | −0.008% | $6.6M | $12.5M | 25x | as long as short |
| RISEx SOL/USDC | +0.0175% | 1h | 119.54 | +0.002% | $1.6M | $6.1M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0179% | 1h | 119.48 | −0.046% | $1.1M | $557K | 25x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.53 | −0.008% | $51.7M | $86.5M | 125x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0223% | 1h | 119.57 | +0.023% | $36.1M | $89.4M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0237% / S −0.0174% | 1h | 119.51 | −0.025% | $3.6M | — | 200x | as long as short |
Orderly PERP_SOL_USDC
Hibachi SOL/USDT-P
01 Exchange SOLUSD
Deribit SOL_USDC-PERPETUAL
BingX SOL-USDT
Gate SOL_USDT
ApeX Omni SOLUSDT
Lighter RH 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
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Jupiter Perps SOL-PERP
Phoenix SOL
RISEx SOL/USDC
Reya SOLRUSDPERP
BloFin SOL-USDT
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]