SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.19 per $10,000 · paid last 24h −0.046%

Price spread now: Lighter RH against RISEx−0.072%7-day average −0.001% · 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−$100.101% of the position

Long on RISEx Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.131%−$13 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.072%, 7d avg −0.001%

Together, before fees−0.057%+ Points / potential airdropLighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter RH is 0.071% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SOL/USDC	116.85	0.0250	pay 0.0031% / 1h	45m 23s	$2.2M	$3.7M	20x
Short	Lighter RH SOL	116.76	0.0096	get 0.0012% / 1h	45m 23s	$2.2M	$12.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against RISEx. 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 RISExbpFee Lighter RHbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$32.42
Price spread: −0.072% → −0.001%: −$7.1
Slippage, 4 orders: −$4.1
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$49.62
Costs to cover: 0.101%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; Lighter RH: live order book, 2 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 RISEx live order book, 2 min ago	0.04 bp	3.0 bp −$3	7.1 bp −$71	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	0.94 bp	1.8 bp −$2	2.4 bp −$24	24.1 bp −$2,408	doesn't fit

SOL on 55 exchanges

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
Hibachi SOL/USDT-P	−0.0184%	1h	116.82	−0.026%	$100K	$647K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.10	+0.214%	$1K	$8K	25x	as long as short
Bybit SOLUSDT	−0.0043%	8h	116.84	−0.008%	$726.3M	$1.22B	100x	as long as short
ApeX Omni SOLUSDT	−0.0020%	1h	116.64	−0.176%	$997K	$6.6M	50x	as long as short
Derive SOL-PERP	−0.0008%	1h	116.79	−0.047%	$1.8M	$2.5M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.86	+0.013%	$41K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.70	−0.125%	$1.3M	$15.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.84	−0.004%	$98K	$2.6M	8.3x	as long as short
Vest SOL-PERP	+0.0015%	1h	116.81	−0.033%	—	$247K	20x	as long as short
Bitget SOLUSDT	+0.0016%	8h	116.83	−0.011%	$480.0M	$390.2M	100x	as long as short

Show all 55 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0024%	1h	116.67	−0.150%	$8.5M	$361.4M	50x	as long as short
Injective SOL/USDC PERP	+0.0033%	1h	116.85	+0.004%	$4K	$113	12x	as long as short
Orderly PERP_SOL_USDC	+0.0037%	8h	116.85	0.000%	$966K	$5.0M	100x	as long as short
Aster SOLUSDT	+0.0045%	8h	116.84	−0.005%	$176.3M	$156.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0055%	1h	116.91	+0.056%	$26.3M	$17.6M	50x	as long as short
01 Exchange SOLUSD	+0.0056%	1h	116.86	+0.012%	$102K	$187K	20x	as long as short
MEXC SOL_USDT	+0.0064%	8h	116.85	+0.004%	$458.4M	$950.9M	300x	as long as short
Aevo SOL-PERP	+0.0064%	1h	116.79	−0.044%	$342K	$262K	20x	as long as short
Binance SOLUSDT	+0.0064%	8h	116.85	+0.003%	$968.6M	$3.38B	100x	as long as short
SoDEX SOL-USD	+0.0075%	1h	116.84	−0.005%	$6.0M	$11.2M	20x	as long as short
dYdX SOL-USD	+0.0078%	1h	116.77	−0.065%	$9.1M	$17.9M	20x	as long as short
Gate SOL_USDT	+0.0093%	8h	116.83	−0.014%	$838.0M	$572.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	116.78	−0.057%	$12.9M	$54.0M	25x	as long as short
Lighter RH SOLshort	+0.0096%	1h	116.76	−0.072%	$2.2M	$12.9M	25x
Katana Perps SOL-USD	+0.0100%	8h	116.79	−0.048%	$24K	$931K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	116.80	−0.042%	$1.0M	$554K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.78	−0.056%	$5.6M	$38.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.98	+0.115%	$720.3M	$364.4M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.82	−0.026%	$15.8M	$116.2M	20x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.84	−0.005%	$359.3M	$1.53B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	116.57	−0.236%	$219K	$725K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.84	−0.007%	$1.2M	$7.7M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.82	−0.021%	$127.4M	$9.3M	20x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.85	+0.002%	$133.2M	$225.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.80	−0.042%	—	$10.5M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.71	−0.116%	$23.0M	$35.8M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	116.56	−0.249%	$24.9M	$94.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.51	−0.290%	$93.6M	$356.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.71	−0.119%	$47.8M	$26.1M	20x	as long as short
StandX SOL-USD	+0.0100%	1h	116.78	−0.056%	$1.3M	$9.6M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	116.84	−0.005%	$323K	$2.7M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	116.86	+0.014%	$283K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.82	−0.025%	$26K	$34K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.74	−0.087%	$190K	$1.4M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	116.62	−0.191%	$225.6M	$39.6M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.66	−0.159%	$45.3M	$98.2M	50x	as long as short
Phoenix SOL	+0.0103%	1h	116.89	+0.038%	$6.7M	$11.6M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	116.80	−0.042%	$8.4M	$32.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.87	+0.018%	—	$210.7M	500x	as long as short
Kraken Futures PF_SOLUSD	+0.0128%	1h	116.88	+0.025%	$33.2M	$91.6M	100x	as long as short
BloFin SOL-USDT	+0.0185%	8h	116.73	−0.099%	$51.9M	$55.7M	125x	as long as short
Reya SOLRUSDPERP	+0.0201%	1h	116.81	−0.030%	$1.1M	$91K	25x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0181%	1h	116.86	+0.008%	$3.6M	—	200x	as long as short
RISEx SOL/USDClong	+0.0250%	1h	116.85	long leg	$2.2M	$3.7M	20x
Aftermath Perps SOLUSD	+0.0429%	1h	116.75	−0.080%	$25K	$45K	20x	as long as short