SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Bullet against Lighter RH−0.007%7-day average +0.022% · 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−$17as in the Price arb table

costs, in and out, $10k−$140.142% of the position

Long on Lighter RH Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.007%, 7d avg +0.022%

Together, before fees−0.002%+ Points / potential airdropLighter RH: Points live · farm board$0 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: Bullet is 0.029% cheaper against Lighter RH than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SOL	115.82	0.0096	pay 0.0012% / 1h	30m 15s	$2.2M	$16.8M	25x
Short	Bullet SOL-USD	115.81	0.0088	get 0.0011% / 1h	30m 15s	$147K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$1.78
Price spread: −0.007% → +0.022%: −$2.86
Slippage, 4 orders: −$6.17
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$18.81
Costs to cover: 0.142%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 4 min ago; Bullet: 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 RH live order book, 4 min ago	0.91 bp	1.3 bp −$1	1.9 bp −$19	19.2 bp −$1,919	doesn't fit
Sell Bullet live order book, 4 min ago	0.34 bp	6.8 bp −$7	8.5 bp −$85	doesn't fit	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
Kraken Futures PF_SOLUSD	−0.0241%	1h	115.83	+0.009%	$31.7M	$103.6M	100x	as long as short
Hibachi SOL/USDT-P	−0.0192%	1h	115.84	+0.017%	$104K	$693K	20x	as long as short
BingX SOL-USDC	−0.0116%	8h	115.76	−0.052%	—	$10.6M	—	as long as short
Bybit SOLUSDT	−0.0116%	8h	115.80	−0.016%	$740.5M	$1.42B	100x	as long as short
Vest SOL-PERP	−0.0094%	1h	115.79	−0.024%	—	$625K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.05	+0.199%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0073%	1h	115.73	−0.079%	$1.9M	$2.9M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.82	−0.001%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.80	−0.022%	$1.5M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	115.79	−0.025%	$113K	$3.7M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0013%	1h	115.80	−0.018%	$4.3M	$24.0M	20x	as long as short
01 Exchange SOLUSD	+0.0016%	1h	115.83	+0.007%	$98K	$177K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.86	+0.035%	$7.8M	$403.4M	50x	as long as short
Bitget SOLUSDT	+0.0068%	8h	115.78	−0.035%	$479.3M	$455.8M	100x	as long as short
Bullet SOL-USDshort	+0.0088%	1h	115.81	−0.007%	$147K	$1.6M	20x
Orderly PERP_SOL_USDC	+0.0096%	8h	115.83	+0.003%	$1.0M	$5.9M	100x	as long as short
Lighter SOL	+0.0096%	1h	115.83	+0.009%	$12.9M	$60.9M	25x	as long as short
Lighter RH SOLlong	+0.0096%	1h	115.82	long leg	$2.2M	$16.8M	25x
Aevo SOL-PERP	+0.0096%	1h	115.81	−0.006%	$348K	$247K	20x	as long as short
Aster SOLUSDT	+0.0099%	8h	115.81	−0.012%	$173.7M	$184.4M	100x	as long as short
Katana Perps SOL-USD	+0.0099%	8h	115.74	−0.071%	$62K	$911K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.79	−0.030%	$1.0M	$550K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.76	−0.055%	$5.2M	$40.7M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.89	+0.059%	$686.4M	$399.6M	20x	as long as short
Pacifica SOL	+0.0100%	1h	115.79	−0.032%	$15.5M	$130.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.85	+0.026%	$962.1M	$3.88B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.84	+0.016%	$361.0M	$1.73B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.67	−0.131%	$215K	$870K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.80	−0.016%	$913K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	115.84	+0.016%	$125.6M	$19.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.80	−0.019%	$840.0M	$667.4M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.83	+0.007%	$359.1M	$1.08B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.79	−0.028%	$124.4M	$229.3M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.75	−0.062%	$22.8M	$40.4M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.67	−0.134%	$24.7M	$114.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.77	−0.041%	$92.9M	$406.6M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	115.81	−0.012%	$47.4M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	115.81	−0.009%	$1.1M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	115.76	−0.054%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.80	−0.019%	$317K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.79	−0.029%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.81	−0.014%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.82	−0.002%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.74	−0.068%	$224.2M	$50.0M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.87	+0.041%	$45.1M	$104.5M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.77	−0.048%	$7.9M	$38.8M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.81	−0.010%	—	$239.6M	500x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0159%	1h	115.87	+0.042%	$26.2M	$21.9M	50x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.629%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	115.93	+0.093%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.79	−0.031%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.69	−0.114%	$51.5M	$67.7M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.82	−0.003%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.84	+0.020%	$1.9M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0598%	1h	115.92	+0.082%	$25K	$53K	20x	as long as short