SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter RH against StandX−0.305%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$220.220% of the position

Long on StandX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days+0.334%+$33 · spread now −0.305%, 7d avg −0.021%

Together, before fees+0.298%+ Points / potential airdropStandX: Active · Lighter RH: Points live · farm board+$30 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 0.284% cheaper against StandX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	117.97	0.0100	pay 0.0013% / 1h	42m 35s	$1.3M	$13.4M	30x
Short	Lighter RH SOL	117.61	0.0096	get 0.0012% / 1h	42m 35s	$2.1M	$16.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against StandX. 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 StandXbpFee Lighter RHbpOrdersPrice spread, now −0.305%Rate

Funding earned: −$0.84
Price spread: −0.305% → −0.021%: −$28.43
Slippage, 4 orders: −$13.97
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$51.23
Costs to cover: 0.220%
Break-even: never at this rate

Slippage from StandX: live order book, 2 min ago; Lighter RH: live order book, 6 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 StandX live order book, 2 min ago	4.66 bp	10.1 bp −$10	11.0 bp −$110	26.1 bp −$2,606	doesn't fit
Sell Lighter RH live order book, 6 min ago	1.18 bp	1.2 bp −$1	2.0 bp −$20	19.9 bp −$1,988	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
ApeX Omni SOLUSDT	−0.0171%	1h	118.09	+0.102%	$1.5M	$6.1M	50x	as long as short
Hibachi SOL/USDT-P	−0.0088%	1h	117.92	−0.038%	$92K	$707K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	117.65	−0.272%	$920	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	117.64	−0.281%	—	$610K	20x	as long as short
HTX SOL-USDT	−0.0035%	8h	117.86	−0.091%	$229.2M	$45.1M	75x	as long as short
Derive SOL-PERP	−0.0022%	1h	117.83	−0.119%	$2.0M	$2.7M	13x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	117.95	−0.017%	$53K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.68	−0.245%	$4.5M	$25.9M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.05	+0.072%	$1.5M	$21.4M	3.1x	as long as short
Perpl SOL	0.0000%	43m	117.97	−0.003%	$128K	$4.0M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SOL_USDT	+0.0002%	8h	117.63	−0.288%	$850.2M	$654.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0011%	1h	117.94	−0.027%	$26.4M	$25.4M	50x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.62	−0.298%	$2.0M	$4.7M	20x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.84	−0.112%	$31.6M	$98.8M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.92	−0.043%	$7.9M	$412.1M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.63	−0.287%	—	$369.9M	—	as long as short
Orderly PERP_SOL_USDC	+0.0084%	8h	117.90	−0.059%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0088%	1h	117.67	−0.254%	$102K	$162K	20x	as long as short
Lighter SOL	+0.0096%	1h	117.62	−0.296%	$13.0M	$59.1M	25x	as long as short
Lighter RH SOLshort	+0.0096%	1h	117.61	−0.305%	$2.1M	$16.7M	25x
Aevo SOL-PERP	+0.0096%	1h	117.89	−0.070%	$345K	$264K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	117.64	−0.278%	$1.0M	$520K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.60	−0.314%	$54K	$835K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.63	−0.292%	$5.7M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	117.75	−0.185%	$717.6M	$403.2M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.63	−0.287%	$176.7M	$180.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.66	−0.265%	$14.0M	$130.7M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.64	−0.280%	$976.0M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.66	−0.267%	$821.7M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.65	−0.271%	$368.4M	$1.68B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.64	−0.280%	$239K	$893K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.66	−0.261%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.64	−0.280%	$421.5M	$1.10B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.64	−0.284%	$133.5M	$208.3M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.61	−0.303%	$488.2M	$444.7M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.80	−0.144%	$23.8M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.01	+0.031%	$24.4M	$129.7M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.06	+0.078%	$94.8M	$404.5M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.90	−0.061%	$48.3M	$29.5M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	117.97	long leg	$1.3M	$13.4M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	117.92	−0.042%	$362K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.95	−0.014%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.92	−0.047%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.93	−0.036%	$192K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.87	−0.085%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.88	−0.076%	$45.9M	$101.7M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	118.07	+0.085%	$135.9M	$13.3M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.96	−0.008%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.60	−0.317%	$8.2M	$35.9M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	118.02	+0.044%	—	$228.4M	500x	as long as short
Reya SOLRUSDPERP	+0.0188%	1h	117.91	−0.048%	$1.1M	$524K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.04	+0.059%	$52.1M	$74.3M	125x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	118.20	+0.195%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0168%	1h	117.95	−0.017%	$3.7M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0313%	1h	118.01	+0.037%	$25K	$51K	20x	as long as short