Funding you earn now, next payment 03:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against 01 Exchange+0.026%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.026%, 7d avg −0.030%
=Together, before fees−0.135%+ Points / potential airdropLighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.056% dearer against 01 Exchange than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SOLUSD | 117.27 | 0.0040 | pay 0.0005% / 1h | 57m 07s | $100K | $162K | 20x |
| Short | Lighter RH SOL | 117.30 | 0.0096 | get 0.0012% / 1h | 57m 07s | $2.1M | $16.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against 01 Exchange. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.76
- Price spread: +0.026% → −0.030%
- $5.6
- Slippage, 4 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $1.36
- Costs to cover
- 0.160%
- Break-even
- 6.2 days
Slippage from 01 Exchange: live order book, 7 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 01 Exchange live order book, 7 min ago | 0.43 bp | 6.5 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.62 bp | 1.6 bp −$2 | 2.2 bp −$22 | 18.8 bp −$1,877 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SOL-PERP | −0.0080% | 1h | 117.59 | +0.277% | $920 | $8K | 25x | as long as short |
| Vest SOL-PERP | −0.0057% | 1h | 117.25 | −0.015% | — | $605K | 20x | as long as short |
| Kraken Futures PF_SOLUSD | −0.0055% | 1h | 117.30 | +0.025% | $31.5M | $98.3M | 100x | as long as short |
| gTrade (Gains Network) SOL/USD | L −0.0001% / S +0.0004% | 1h | 117.30 | +0.029% | $56K | — | 150x | as long as short |
| dYdX SOL-USD | 0.0000% | 1h | 117.33 | +0.052% | $4.5M | $24.1M | 20x | as long as short |
| Kalshi KXSOLPERP | 0.0000% | 8h | 117.34 | +0.057% | $1.4M | $20.1M | 3.1x | as long as short |
| Derive SOL-PERP | +0.0009% | 1h | 117.22 | −0.044% | $2.0M | $2.8M | 13x | as long as short |
| HTX SOL-USDT | +0.0033% | 8h | 117.23 | −0.036% | $227.8M | $45.5M | 75x | as long as short |
| 01 Exchange SOLUSDlong | +0.0040% | 1h | 117.27 | long leg | $100K | $162K | 20x | |
| Deribit SOL_USDC-PERPETUAL | +0.0044% | 1h | 117.33 | +0.053% | $26.3M | $25.3M | 50x | 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 | 117.31 | +0.038% | $8.0M | $402.1M | 50x | as long as short |
| Lighter SOL | +0.0072% | 1h | 117.29 | +0.019% | $13.0M | $58.9M | 25x | as long as short |
| Hibachi SOL/USDT-P | +0.0072% | 1h | 117.44 | +0.148% | $100K | $690K | 20x | as long as short |
| BingX SOL-USDC | +0.0080% | 8h | 117.30 | +0.025% | — | $10.6M | — | as long as short |
| Gate SOL_USDT | +0.0086% | 8h | 117.29 | +0.017% | $848.3M | $641.2M | 100x | as long as short |
| Orderly PERP_SOL_USDC | +0.0088% | 8h | 117.30 | +0.029% | $1.0M | $5.8M | 100x | as long as short |
| Lighter RH SOLshort | +0.0096% | 1h | 117.30 | +0.026% | $2.1M | $16.2M | 25x | |
| Aevo SOL-PERP | +0.0096% | 1h | 117.30 | +0.023% | $344K | $225K | 20x | as long as short |
| Katana Perps SOL-USD | +0.0100% | 8h | 117.24 | −0.026% | $67K | $840K | 20x | as long as short |
| Paradex SOL-USD-PERP | +0.0100% | 8h | 117.28 | +0.010% | $1.0M | $516K | 50x | as long as short |
| Nado SOL-PERP | +0.0100% | 1h | 117.27 | 0.000% | $5.8M | $40.1M | 40x | as long as short |
| Aster SOLUSDT | +0.0100% | 8h | 117.30 | +0.026% | $176.0M | $177.4M | 100x | as long as short |
| Pacifica SOL | +0.0100% | 1h | 117.34 | +0.060% | $14.5M | $127.0M | 20x | as long as short |
| Binance SOLUSDT | +0.0100% | 8h | 117.32 | +0.043% | $967.2M | $3.73B | 100x | as long as short |
| Bybit SOLUSDT | +0.0100% | 8h | 117.34 | +0.060% | $819.8M | $1.24B | 100x | as long as short |
| OKX SOL-USDT-SWAP | +0.0100% | 8h | 117.35 | +0.068% | $365.5M | $1.63B | 100x | as long as short |
| Ondo Perps SOL-USD.P | +0.0100% | 1h | 117.37 | +0.085% | $238K | $849K | 10x | as long as short |
| Arcus SOL-USD | +0.0100% | 1h | 117.28 | +0.011% | $2.0M | $9.0M | 20x | as long as short |
| MEXC SOL_USDT | +0.0100% | 8h | 117.35 | +0.068% | $423.5M | $1.06B | 300x | as long as short |
| KuCoin SOLUSDTM | +0.0100% | 8h | 117.36 | +0.078% | $130.4M | $211.1M | 75x | as long as short |
| Bitget SOLUSDT | +0.0100% | 8h | 117.33 | +0.051% | $486.4M | $433.8M | 100x | as long as short |
| Backpack SOL_USDC_PERP | +0.0100% | 1h | 117.35 | +0.068% | $23.7M | $37.0M | 50x | as long as short |
| Variational Omni SOL | +0.0100% | 8h | 117.45 | +0.157% | $24.3M | $120.0M | — | as long as short |
| edgeX SOLUSDC | +0.0100% | 4h | 117.44 | +0.141% | $94.3M | $405.0M | 75x | as long as short |
| GRVT SOL_USDT_Perp | +0.0100% | 8h | 117.55 | +0.235% | $48.2M | $28.7M | 20x | as long as short |
| ApeX Omni SOLUSDT | +0.0100% | 1h | 117.56 | +0.247% | $1.5M | $6.0M | 50x | as long as short |
| StandX SOL-USD | +0.0100% | 1h | 117.49 | +0.188% | $1.3M | $13.4M | 30x | as long as short |
| Polymarket Perps SOL-USD | +0.0100% | 1h | 117.26 | −0.009% | $352K | $2.4M | 20x | as long as short |
| Bullet SOL-USD | +0.0100% | 1h | 117.31 | +0.034% | $201K | $1.6M | 20x | as long as short |
| Bluefin SOL-PERP | +0.0100% | 1h | 117.27 | 0.000% | $25K | $28K | 25x | as long as short |
| SunX SOL-USDT | +0.0100% | 8h | 117.28 | +0.008% | $190K | $1.8M | 30x | as long as short |
| SoDEX SOL-USD | +0.0100% | 1h | 117.29 | +0.017% | $6.2M | $10.8M | 20x | as long as short |
| Phemex SOLUSDT | +0.0100% | 8h | 117.33 | +0.051% | $45.7M | $100.3M | 50x | as long as short |
| Bulk SOL-USD | +0.0100% | 1h | 117.46 | +0.158% | $134.5M | $14.2M | 20x | as long as short |
| Phoenix SOL | +0.0101% | 1h | 117.53 | +0.222% | $6.5M | $13.2M | 25x | as long as short |
| Extended SOL-USD | +0.0104% | 1h | 117.26 | −0.010% | $8.2M | $36.0M | 50x | as long as short |
| Jupiter Perps SOL-PERP | L +0.0112% / S +0.0056% | 1h | 117.43 | +0.138% | — | $221.2M | 500x | as long as short |
| RISEx SOL/USDC | +0.0136% | 1h | 117.32 | +0.044% | $1.9M | $4.9M | 20x | as long as short |
| Hyperliquid SOL | +0.0170% | 1h | 117.43 | +0.136% | $716.6M | $395.5M | 20x | as long as short |
| Reya SOLRUSDPERP | +0.0189% | 1h | 117.25 | −0.019% | $1.1M | $523K | 25x | as long as short |
| Injective SOL/USDC PERP | +0.0218% | 1h | 117.45 | +0.153% | $4K | $2K | 12x | as long as short |
| GMX SOL/USD [SOL-USDC] | L +0.0232% / S −0.0170% | 1h | 117.30 | +0.027% | $3.5M | — | 200x | as long as short |
| Aftermath Perps SOLUSD | +0.0363% | 1h | 117.48 | +0.177% | $25K | $51K | 20x | as long as short |
| Perpl SOL | +0.0447% | 43m | 117.34 | +0.056% | $128K | $3.8M | 8.3x | as long as short |
01 Exchange SOLUSD
Lighter RH SOL
Kraken Futures PF_SOLUSD
gTrade (Gains Network) SOL/USD
Kalshi KXSOLPERP
Derive SOL-PERP
HTX SOL-USDT
Deribit SOL_USDC-PERPETUAL
Coinbase International SOL-PERP-INTX
Lighter SOL
BingX SOL-USDC
Gate SOL_USDT
Katana Perps SOL-USD
Paradex SOL-USD-PERP
Aster SOLUSDT
Pacifica SOL
Binance SOLUSDT
Bybit SOLUSDT
OKX SOL-USDT-SWAP
MEXC SOL_USDT
KuCoin SOLUSDTM
Bitget SOLUSDT
Backpack SOL_USDC_PERP
Variational Omni SOL
edgeX SOLUSDC
GRVT SOL_USDT_Perp
ApeX Omni SOLUSDT
StandX SOL-USD
Polymarket Perps SOL-USD
Bullet SOL-USD
Bluefin SOL-PERP
SunX SOL-USDT
SoDEX SOL-USD
Phemex SOLUSDT
Bulk SOL-USD
Phoenix SOL
Extended SOL-USD
RISEx SOL/USDC
Hyperliquid SOL
Injective SOL/USDC PERP
GMX SOL/USD [SOL-USDC]
Aftermath Perps SOLUSD