Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter+0.072%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.072%, 7d avg +0.001%
=Together, before fees−0.119%+ Points / potential airdropLighter: Season 3 · farm board−$12 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: KuCoin is 0.071% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SOL | 119.16 | 0.0096 | pay 0.0012% / 1h | 5m 28s | $13.6M | $56.1M | 25x |
| Short | KuCoin SOLUSDTM | 119.25 | 0.0100 | get 0.0100% / 8h | 1h 05m | $139.6M | $202.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: +0.072% → +0.001%
- $7.09
- Slippage, 4 orders
- −$6.09
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$10.16
- Costs to cover
- 0.181%
- Break-even
- 91.7 days
Slippage from Lighter: live order book, 8 min ago; KuCoin: 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 Lighter live order book, 8 min ago | 0.50 bp | 0.5 bp −$1 | 1.9 bp −$19 | 6.8 bp −$676 | 20.1 bp −$10.1K |
| Sell KuCoin live order book, 4 min ago | 0.08 bp | 8.4 bp −$8 | 10.5 bp −$105 | 14.4 bp −$1,441 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SOL-PERP | −0.0219% | 1h | 119.18 | +0.020% | $37K | $17K | 25x | as long as short |
| Hotstuff SOL-PERP | −0.0080% | 1h | 119.17 | +0.013% | $845 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0063% | 1h | 119.16 | −0.004% | — | $723K | 20x | as long as short |
| Derive SOL-PERP | −0.0052% | 1h | 119.10 | −0.051% | $2.0M | $2.8M | 13x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0006% / S +0.0004% | 1h | 119.23 | +0.057% | $115K | — | 150x | as long as short |
| dYdX SOL-USD | −0.0001% | 1h | 119.13 | −0.022% | $4.9M | $27.2M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 119.19 | +0.025% | $1.2M | $20.7M | 3.1x | as long as short |
| Perpl SOL | 0.0000% | 43m | 119.21 | +0.043% | $177K | $4.0M | 8.3x | as long as short |
| Phoenix SOL | +0.0054% | 1h | 119.23 | +0.059% | $6.5M | $13.6M | 25x | as long as short |
| Orderly PERP_SOL_USDC | +0.0070% | 8h | 119.19 | +0.021% | $1.1M | $5.9M | 100x | 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 | +0.0072% | 1h | 119.23 | +0.059% | $104K | $156K | 20x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 119.06 | −0.080% | $119K | $607K | 20x | as long as short |
| Aftermath Perps SOLUSD | +0.0077% | 1h | 119.08 | −0.068% | $24K | $47K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 119.20 | +0.036% | — | $10.5M | — | as long as short |
| HTX SOL-USDT | +0.0082% | 8h | 119.08 | −0.066% | $231.8M | $45.0M | 75x | as long as short |
| Gate SOL_USDT | +0.0089% | 8h | 119.13 | −0.025% | $869.8M | $689.5M | 100x | as long as short |
| Deribit SOL_USDC-PERPETUAL | +0.0091% | 1h | 119.23 | +0.055% | $26.7M | $27.8M | 50x | as long as short |
| Lighter SOLlong | +0.0096% | 1h | 119.16 | long leg | $13.6M | $56.1M | 25x | |
| Lighter RH SOL | +0.0096% | 1h | 119.14 | −0.021% | $2.2M | $17.0M | 25x | as long as short |
| Aevo SOL-PERP | +0.0096% | 1h | 119.14 | −0.013% | $353K | $748K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0099% | 8h | 119.18 | +0.015% | $1.0M | $522K | 50x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 119.18 | +0.017% | $45K | $801K | 20x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 119.17 | +0.008% | $6.0M | $41.6M | 40x | as long as short |
| Hyperliquid SOL | +0.0100% | 1h | 119.33 | +0.143% | $718.3M | $408.6M | 20x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 119.23 | +0.058% | $178.5M | $176.0M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 119.19 | +0.026% | $12.3M | $119.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 119.22 | +0.051% | $982.1M | $3.81B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 119.23 | +0.063% | $829.4M | $1.28B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 119.22 | +0.050% | $372.2M | $1.72B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 119.04 | −0.101% | $233K | $888K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 119.24 | +0.070% | $1.9M | $9.0M | 20x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 118.85 | −0.260% | $133.1M | $7.6M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 119.24 | +0.067% | $452.3M | $1.13B | 300x | as long as short |
| KuCoin SOLUSDTMshort | +0.0100% | 8h | 119.25 | +0.072% | $139.6M | $202.3M | 75x | |
| Bitget SOLUSDT | +0.0100% | 8h | 119.23 | +0.057% | $496.5M | $456.2M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 119.16 | 0.000% | $24.2M | $37.8M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 118.87 | −0.244% | $27.5M | $128.4M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 118.89 | −0.226% | $95.5M | $400.8M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 118.99 | −0.143% | $48.7M | $31.6M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 119.00 | −0.134% | $1.5M | $6.2M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 119.05 | −0.092% | $1.4M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 119.22 | +0.050% | $367K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 119.22 | +0.052% | $202K | $1.7M | 20x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 119.18 | +0.014% | $193K | $1.9M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 119.17 | +0.008% | $6.3M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 119.15 | −0.008% | $46.5M | $102.5M | 50x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 119.18 | +0.014% | $8.7M | $36.1M | 50x | as long as short |
| Coinbase International SOL-PERP-INTX | +0.0112% | 1h | 119.19 | +0.029% | $8.3M | $416.6M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0120% / S +0.0048% | 1h | 119.22 | +0.048% | — | $224.8M | 500x | as long as short |
| Kraken Futures PF_SOLUSD | +0.0150% | 1h | 119.17 | +0.010% | $32.6M | $97.0M | 100x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0169% / S −0.0072% | 1h | 119.22 | +0.050% | $3.7M | — | 200x | as long as short |
| Reya SOLRUSDPERP | +0.0182% | 1h | 119.22 | +0.051% | $1.1M | $551K | 25x | as long as short |
| RISEx SOL/USDC | +0.0192% | 1h | 119.25 | +0.078% | $1.7M | $5.5M | 20x | as long as short |
| Injective SOL/USDC PERP | +0.0213% | 1h | 119.02 | −0.117% | $4K | $2K | 12x | as long as short |
| BloFin SOL-USDT | +0.0220% | 8h | 119.10 | −0.050% | $52.1M | $84.2M | 125x | as long as short |
Lighter SOL
KuCoin SOLUSDTM
Bluefin SOL-PERP
Derive SOL-PERP
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Phoenix SOL
01 Exchange SOLUSD
Aftermath Perps SOLUSD
BingX SOL-USDC
HTX SOL-USDT
Gate SOL_USDT
Deribit SOL_USDC-PERPETUAL
Lighter RH SOL
Paradex SOL-USD-PERP
Katana Perps SOL-USD
Hyperliquid SOL
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
Bulk SOL-USD
MEXC SOL_USDT
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
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Extended SOL-USD
Coinbase International SOL-PERP-INTX
Kraken Futures PF_SOLUSD
GMX SOL/USD [SOL-USDC]
RISEx SOL/USDC
Injective SOL/USDC PERP
BloFin SOL-USDT