SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Bulk against Lighter RH−0.084%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$170.173% of the position

Long on Lighter RH Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 7 days+0.085%+$8 · spread now −0.084%, 7d avg +0.003%

Together, before fees+0.089%+ Points / potential airdropLighter RH: Points live · farm board+$9 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: Bulk is 0.088% cheaper against Lighter RH than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SOL	119.35	0.0096	pay 0.0012% / 1h	11m 28s	$2.1M	$17.0M	25x
Short	Bulk SOL-USD	119.25	0.0100	get 0.0013% / 1h	11m 28s	$133.7M	$10.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Lighter RH. 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 Lighter RHbpFee BulkbpOrdersPrice spread, now −0.084%Rate

Funding earned: $0.84
Price spread: −0.084% → +0.003%: −$8.8
Slippage, 4 orders: −$10.29
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$25.25
Costs to cover: 0.173%
Break-even: 217.4 days

Slippage from Lighter RH: live order book, 2 min ago; Bulk: 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 Lighter RH live order book, 2 min ago	0.96 bp	1.0 bp −$1	1.7 bp −$17	17.4 bp −$1,739	doesn't fit
Sell Bulk live order book, 3 min ago	4.18 bp	7.7 bp −$8	7.7 bp −$77	9.4 bp −$940	14.7 bp −$7,359

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	−0.168%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.27	−0.065%	$846	$8K	25x	as long as short
Vest SOL-PERP	−0.0071%	1h	119.32	−0.027%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0056%	1h	119.21	−0.119%	$2.0M	$3.1M	13x	as long as short
dYdX SOL-USD	−0.0007%	1h	119.34	−0.009%	$4.9M	$27.1M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.39	+0.033%	$54K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.34	−0.009%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.36	+0.008%	$179K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	0.0000%	1h	119.34	−0.005%	$26.8M	$27.7M	50x	as long as short
Aftermath Perps SOLUSD	+0.0039%	1h	119.48	+0.112%	$24K	$47K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0051%	8h	119.22	−0.106%	$232.2M	$44.7M	75x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.31	−0.033%	$1.1M	$5.9M	100x	as long as short
Hibachi SOL/USDT-P	+0.0064%	1h	119.31	−0.031%	$120K	$633K	20x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.43	+0.066%	$105K	$151K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.39	+0.032%	—	$374.2M	—	as long as short
Gate SOL_USDT	+0.0089%	8h	119.38	+0.024%	$871.2M	$688.3M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.36	+0.011%	$13.6M	$55.4M	25x	as long as short
Lighter RH SOLlong	+0.0096%	1h	119.35	long leg	$2.1M	$17.0M	25x
Aevo SOL-PERP	+0.0096%	1h	119.27	−0.065%	$354K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.35	−0.004%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.40	+0.041%	$49K	$785K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.38	+0.025%	$6.3M	$41.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.47	+0.100%	$721.0M	$415.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.37	+0.014%	$179.7M	$176.1M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.40	+0.037%	$12.4M	$115.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.37	+0.015%	$977.3M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.38	+0.020%	$825.1M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.38	+0.024%	$371.7M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	119.28	−0.059%	$234K	$868K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	119.44	+0.071%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USDshort	+0.0100%	1h	119.25	−0.084%	$133.7M	$10.9M	20x
MEXC SOL_USDT	+0.0100%	8h	119.39	+0.033%	$432.6M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.40	+0.039%	$140.8M	$197.9M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	119.39	+0.028%	$498.0M	$453.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	119.29	−0.051%	$24.3M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.47	+0.099%	$27.4M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.43	+0.068%	$95.9M	$402.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.33	−0.018%	$48.8M	$33.1M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.38	+0.028%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.36	+0.008%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.38	+0.024%	$364K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.38	+0.026%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.30	−0.044%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.29	−0.055%	$194K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.28	−0.059%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.28	−0.059%	$46.6M	$101.7M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.37	+0.017%	$8.7M	$36.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.34	−0.011%	$8.2M	$416.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.31	−0.038%	—	$221.7M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.39	+0.033%	$6.6M	$12.5M	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0171% / S −0.0090%	1h	119.30	−0.044%	$3.6M	—	200x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.44	+0.073%	$1.6M	$6.0M	20x	as long as short
Reya SOLRUSDPERP	+0.0180%	1h	119.38	+0.023%	$1.1M	$558K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.32	−0.026%	$52.0M	$86.8M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0223%	1h	119.30	−0.043%	$35.5M	$91.2M	100x	as long as short