Cheapest exchange to trade SOL perpetual futures
Lighter was the cheapest SOL perp venue for $10,000 (0.45 bps), and it kept rank 1 for $1,000,000.
- Lighter, $10K SOL
- 0.45 bps
- Rank 2, Paradex
- 1.90 bps
- Venues ranked
- 37
- Rank 1 at $1M, Lighter
- 3.13 bps
SOL venues by measured cost (basis points)
| # | Venue | $10,000 | Fee | Spread + impact | $100,000 | $1,000,000 | Type | Depth read | Top 5, 7 days | Top 5, 30 days | Rank 1, 7 days | Rank 1, 30 days |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lighter | 0.45 | 0.00 | 0.45 | 1.11 | 3.13 | DEX | $15.6M | 28 | 120 | 28 | 120 |
| 2 | Paradex | 1.90 | 0.00 | 1.90 | 19.33 | — | DEX | $156K | 27 | 113 | 0 | 0 |
| 3 | MEXC | 2.56 | 2.00 | 0.56 | 2.56 | 3.56 | CEX | $141.2M | 28 | 120 | 0 | 0 |
| 4 | Extended | 3.06 | 2.50 | 0.56 | 3.14 | 8.52 | DEX | $2.6M | 24 | 109 | 0 | 0 |
| 5 | Deribit | 3.56 | 3.50 | 0.06 | 3.56 | 6.21 | CEX | $3.7M | 19 | 65 | 0 | 0 |
| 5 | NADO | 3.56 | 3.50 | 0.06 | 3.99 | 8.23 | DEX | $3.2M | 19 | 41 | 0 | 0 |
| 7 | RISEx | 3.67 | 3.00 | 0.67 | 5.21 | — | DEX | $469K | 8 | 49 | 0 | 0 |
| 8 | GMX | 4.00 | 4.00 | 0.00 | 4.00 | 11.81 | DEX, oracle | — | 0 | 1 | 0 | 0 |
| 9 | Hyperliquid | 4.56 | 4.50 | 0.06 | 4.94 | 7.82 | DEX | $7.0M | 0 | 0 | 0 | 0 |
| 10 | Pacifica | 4.56 | 4.00 | 0.56 | 6.15 | — | DEX | $338K | 0 | 0 | 0 | 0 |
| 11 | Aster | 4.56 | 4.00 | 0.56 | 4.56 | 8.05 | DEX | $3.7M | 0 | 1 | 0 | 0 |
| 12 | Hibachi | 5.06 | 4.50 | 0.56 | 10.17 | — | DEX | $323K | 0 | 0 | 0 | 0 |
| 13 | Gains | 5.11 | 5.00 | 0.11 | 6.11 | 17.27 | DEX, oracle | — | 0 | 0 | 0 | 0 |
| 14 | Binance | 5.56 | 5.00 | 0.56 | 6.17 | 8.72 | CEX | $39.2M | 0 | 0 | 0 | 0 |
| 14 | OKX | 5.56 | 5.00 | 0.56 | 5.72 | 9.11 | CEX | $13.3M | 0 | 0 | 0 | 0 |
| 16 | GRVT | 5.62 | 4.50 | 1.12 | 6.04 | 10.78 | DEX | $2.3M | 0 | 0 | 0 | 0 |
| 17 | Gate.io | 5.66 | 5.00 | 0.66 | 7.63 | 16.80 | CEX | $44.0M | 0 | 0 | 0 | 0 |
| 18 | Apex Omni | 5.85 | 5.00 | 0.85 | 10.10 | — | DEX | $876K | 0 | 0 | 0 | 0 |
| 19 | BingX | 6.06 | 5.00 | 1.06 | 6.06 | 6.89 | CEX | $44.3M | 0 | 0 | 0 | 0 |
| 20 | Kraken | 6.12 | 5.00 | 1.12 | 6.93 | 9.71 | CEX | $16.6M | 0 | 0 | 0 | 0 |
| 21 | Crypto.com | 6.49 | 4.00 | 2.49 | 11.04 | — | CEX | $779K | 0 | 0 | 0 | 0 |
| 22 | Bitunix | 6.56 | 6.00 | 0.56 | 6.56 | 7.30 | CEX | $13.3M | 0 | 0 | 0 | 0 |
| 22 | BloFin | 6.56 | 6.00 | 0.56 | 7.17 | 8.96 | CEX | $26.4M | 0 | 0 | 0 | 0 |
| 24 | Bitget | 6.61 | 6.00 | 0.61 | 7.20 | 12.50 | CEX | $2.7M | 0 | 0 | 0 | 0 |
| 25 | Bybit | 6.62 | 5.50 | 1.12 | 6.67 | 9.72 | CEX | $18.8M | 0 | 0 | 0 | 0 |
| 26 | KuCoin | 6.78 | 6.00 | 0.78 | 9.27 | 21.21 | CEX | $7.3M | 0 | 0 | 0 | 0 |
| 27 | Toobit | 7.12 | 6.00 | 1.12 | 7.12 | 7.96 | CEX | $250.6M | 0 | 0 | 0 | 0 |
| 28 | Bluefin | 7.20 | 3.50 | 3.70 | 8.99 | — | DEX | $112K | 0 | 0 | 0 | 0 |
| 29 | edgeX | 7.29 | 4.50 | 2.79 | 7.29 | 7.41 | DEX | $14.7M | 0 | 0 | 0 | 0 |
| 30 | HTX | 7.43 | 6.00 | 1.43 | 9.04 | 21.41 | CEX | $7.4M | 0 | 0 | 0 | 0 |
| 31 | Avantis | 7.50 | 4.50 | 3.00 | 7.50 | 10.70 | DEX, oracle | — | 0 | 0 | 0 | 0 |
| 32 | WhiteBIT | 7.50 | 5.50 | 2.00 | 10.87 | 21.50 | CEX | $16.8M | 0 | 0 | 0 | 0 |
| 33 | Phemex | 8.20 | 6.00 | 2.20 | 10.11 | 14.69 | CEX | $10.6M | 0 | 0 | 0 | 0 |
| 34 | Ostium | 8.93 | 6.00 | 2.93 | — | — | DEX, oracle | — | 0 | 0 | 0 | 0 |
| 35 | dYdX | 9.47 | 5.00 | 4.47 | 14.74 | 22.12 | DEX | $12.2M | 0 | 0 | 0 | 0 |
| 36 | Aevo | 15.90 | 8.00 | 7.90 | 30.43 | 47.87 | DEX | $1.4M | 0 | 0 | 0 | 0 |
| 37 | SunX | 19.33 | 4.00 | 15.33 | — | — | DEX | $483K | 0 | 0 | 0 | 0 |
Not ranked at $10,000: GMTrade (book could not fill within 2%); XT.COM (depth not confirmed); Jupiter, MYX (quote not measured).
Lighter had rank 1 on SOL at all three sizes.
Only four of the 37 SOL books added less than 0.1 bps at $10,000, against 21 of 37 on BTC.
SOL book and fee facts
- SOL books under 0.1 bps at $10,000
- 4 of 37 (BTC: 21 of 37)
- Median spread and impact
- 0.78 bps at $10,000, 1.54 bps at $100,000 and 4.72 bps at $1,000,000
- Median taker fee, $10,000
- 5.00 bps
- Median cost added up to $1,000,000
- 3.57 bps
- Oracle-priced SOL venues
- 4 of 37
- Solana-native venues measured
- GMTrade, Jupiter and Pacifica
Stored sweep of November 8, 2026 at 12:55 UTC, cost methodology v9. Values in basis points (bps).
SOL analysis by section6 sections from the same sweep
Solana-native venues in the SOL ranking
The venue records name Solana as the only chain of GMTrade, Jupiter and Pacifica. The Solana chain page lists all perp venues on that chain.
GMTrade was measured but had no rank, because its book could not fill the order. Jupiter was measured but had no rank, because its pool quote is documented or estimated, not measured. Pacifica had rank 10 at $10,000, rank 14 at $100,000 and no rank at $1,000,000.
No Solana-native venue had a top-five SOL rank at any stored size. The cheapest SOL orders were on venues that do not run on Solana.
SOL fee and book cost by size
The median SOL taker fee was 5.00 bps at all three sizes. The median spread plus impact was 0.78 bps at $10,000, 1.54 bps at $100,000 and 4.72 bps at $1,000,000.
The book cost more than the fee on four of 37 SOL venues at $10,000 and on 8 of 35 at $100,000. The median total at $100,000 was 6.93 bps.
What $1,000,000 of SOL costs
The median SOL venue added 3.57 bps between $10,000 and $1,000,000. On this measure, SOL was number 3 of 7 stored assets, from BTC (smallest increase) to DOGE (largest).
At $1,000,000, the book was the larger part of the cost on 15 of the 28 ranked SOL venues. The $1,000,000 SOL top five was Lighter (DEX), MEXC (CEX), Deribit (CEX), BingX (CEX) and Bitunix (CEX). The books of Apex Omni, Bluefin, Crypto.com, GMTrade, Hibachi, Ostium and four more could not fill that SOL order before the price moved 2% from the best ask.
Oracle-priced DEXs on SOL
Four SOL venues use a price oracle for the fill price. These venues have no order book in this data, so the table shows no depth reading for them.
At $10,000, the first oracle venue was GMX at rank 8 (4.00 bps). One of the ten cheapest $10,000 SOL venues prices fills from an oracle. At $1,000,000, it was Avantis at rank 17 (10.70 bps), with 3 oracle venues still ranked.
SOL top-five record, last 7 days
Lighter led 28 of 28 stored SOL sweeps at $10,000 in the last 7 days. The venues with the most other top-five places were MEXC (28), Paradex (27), Extended (24) and Deribit (19), with the sweep count in brackets.
SOL next to BTC and ETH
The $10,000 SOL median was 6.06 bps. BTC had 5.01 bps and ETH had 5.22 bps. At $1,000,000, the SOL median was 9.41 bps, and the BTC and ETH medians were 6.10 bps and 6.93 bps.
Lighter had rank 1 at $10,000 on SOL, BTC and ETH.
Terms used on this page
- Total trading cost (all-in cost)
- Total trading cost (all-in cost) is the selected-side cost of one order at a given size: the fee plus half of the spread plus the price impact, in bps and USD.
- Bid-ask spread
- The spread is the gap between the best bid and the best ask, in basis points (bps) of the mid price. A market order pays half of the spread.
- Slippage (price impact)
- Slippage (price impact) is the extra cost of an order that fills through more than one price level, measured beyond the best quote. A larger order has more price impact.
Cite this data
Use the page address and the date of the data. Attribute the data as "Data: PerpFinder" with a link to the page.
PerpFinder. "Cheapest exchange to trade SOL perpetual futures." Stored sweep of November 8, 2026 at 12:55 UTC, cost methodology v9. https://perpfinder.com/cheapest-perp-exchange/sol SOL 7-day cost series (CSV): https://perpfinder.com/api/data/cost-history?market=perp&asset=SOL&size=10000&days=7&format=csv
Download: SOL 7-day cost series (CSV)
More SOL data
Download the 7-day SOL cost series (CSV). SOL funding rates and open interest are on the SOL asset page. The live cost comparison reads the books when you open it.