SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter RH against Ondo Perps−0.095%7-day average +0.001% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days+0.369%+$37 · spread now −0.095%, 7d avg +0.001%

Together, before fees+0.338%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$34 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: Lighter RH is 0.096% cheaper against Ondo Perps than usual: you would sell low and buy high, −$10 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	Ondo Perps SOL-USD.P	117.61	0.0100	pay 0.0013% / 1h	53m 06s	$237K	$850K	10x
Short	Lighter RH SOL	117.50	0.0096	get 0.0012% / 1h	53m 06s	$2.1M	$16.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Ondo Perps. 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 Ondo PerpsbpFee Lighter RHbpOrdersPrice spread, now −0.095%Rate

Funding earned: −$0.84
Price spread: −0.095% → +0.001%: −$9.63
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$15.47
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 6 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 6 min ago	1.62 bp	1.6 bp −$2	2.2 bp −$22	18.8 bp −$1,877	doesn't fit

Ondo Perps: 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 54 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
ApeX Omni SOLUSDT	−0.0279%	1h	117.27	−0.289%	$1.5M	$5.9M	50x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.39	−0.190%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0057%	1h	117.33	−0.238%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.51	−0.082%	$31.5M	$97.9M	100x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.49	−0.102%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.40	−0.178%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.43	−0.151%	$1.4M	$19.5M	3.1x	as long as short
Derive SOL-PERP	+0.0009%	1h	117.43	−0.152%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0033%	8h	117.32	−0.242%	$227.9M	$45.5M	75x	as long as short
01 Exchange SOLUSD	+0.0048%	1h	117.42	−0.162%	$100K	$162K	20x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.54	−0.056%	$8.0M	$402.3M	50x	as long as short
BingX SOL-USDC	+0.0080%	8h	117.48	−0.106%	—	$10.5M	—	as long as short
Hibachi SOL/USDT-P	+0.0080%	1h	117.37	−0.206%	$100K	$690K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.52	−0.076%	$1.0M	$5.8M	100x	as long as short
Gate SOL_USDT	+0.0093%	8h	117.52	−0.077%	$852.9M	$642.7M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.51	−0.082%	$13.1M	$58.9M	25x	as long as short
Lighter RH SOLshort	+0.0096%	1h	117.50	−0.095%	$2.1M	$16.2M	25x
Aevo SOL-PERP	+0.0096%	1h	117.50	−0.096%	$344K	$225K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0096%	1h	117.55	−0.049%	$26.4M	$25.2M	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.34	−0.230%	$67K	$831K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.43	−0.157%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.38	−0.196%	$5.8M	$39.7M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.54	−0.064%	$176.4M	$176.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.40	−0.178%	$14.5M	$127.0M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.58	−0.026%	$968.9M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.59	−0.017%	$821.4M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.57	−0.034%	$366.6M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.Plong	+0.0100%	1h	117.61	long leg	$237K	$850K	10x
Arcus SOL-USD	+0.0100%	1h	117.39	−0.186%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.40	−0.179%	$134.9M	$15.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.53	−0.068%	$425.8M	$1.06B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.52	−0.079%	$130.5M	$211.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.56	−0.042%	$487.4M	$432.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.54	−0.060%	$23.7M	$37.0M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.64	+0.022%	$24.3M	$119.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.42	−0.165%	$94.3M	$399.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.42	−0.163%	$48.1M	$28.6M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	117.36	−0.213%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.37	−0.204%	$353K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.49	−0.103%	$201K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.48	−0.111%	$25K	$28K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.35	−0.221%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	−0.085%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.53	−0.068%	$45.7M	$100.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.54	−0.059%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.42	−0.160%	—	$220.7M	500x	as long as short
Phoenix SOL	+0.0129%	1h	117.35	−0.221%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.44	−0.147%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0166%	1h	117.68	+0.060%	$718.2M	$392.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.37	−0.203%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.45	−0.136%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.48	−0.110%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0367%	1h	117.50	−0.097%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.44	−0.143%	$128K	$3.8M	8.3x	as long as short