Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.031%
Price spread now: Lighter RH against ApeX Omni−0.098%48s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.320%+$32 on $10k
Price spread, last 7 days+0.146%+$15 · spread now −0.098%, 7d avg +0.004%
Together, before fees+0.466%+ Points / potential airdropLighter RH: Points live · farm board+$47 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 0.102% cheaper against ApeX Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SOLUSDT118.930.0100pay 0.0013% / 1h10m 28s$1.5M$6.2M50x
ShortLighter RH SOL118.810.0096get 0.0012% / 1h10m 28s$2.2M$17.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against ApeX Omni. 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

Funding earned
−$0.84
Price spread: −0.098% → +0.004%
−$10.25
Slippage, 4 orders
−$6.05
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$27.14
Costs to cover
0.161%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; Lighter RH: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 4 min ago0.42 bp5.8 bp −$68.7 bp −$8763.8 bp −$6,378doesn't fit
Sell Lighter RH live order book, 3 min ago1.47 bp1.7 bp −$22.6 bp −$2619.3 bp −$1,929doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0275%1h118.84−0.072%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h118.77−0.135%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h118.83−0.086%$842$8K25xas long as short
Vest SOL-PERP−0.0065%1h118.75−0.150%$723K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h118.83−0.087%$112K150xas long as short
dYdX SOL-USD−0.0001%1h118.81−0.099%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.90−0.025%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m118.81−0.103%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h118.97+0.033%$6.5M$13.6M25xas long as short
Hibachi SOL/USDT-P+0.0056%1h118.96+0.025%$118K$613K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0069%8h118.86−0.056%$1.0M$5.9M100xas long as short
01 Exchange SOLUSD+0.0072%1h118.82−0.093%$104K$155K20xas long as short
Aftermath Perps SOLUSD+0.0073%1h119.06+0.111%$24K$47K20xas long as short
BingX SOL-USDC+0.0080%8h118.79−0.121%$10.5Mas long as short
HTX SOL-USDT+0.0080%8h118.75−0.154%$231.2M$45.0M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0082%1h118.90−0.025%$26.6M$27.7M50xas long as short
Gate SOL_USDT+0.0089%8h118.82−0.093%$867.8M$688.0M100xas long as short
Lighter SOL+0.0096%1h118.83−0.082%$13.6M$56.0M25xas long as short
Lighter RH SOLshort+0.0096%1h118.81−0.098%$2.2M$17.0M25x
Aevo SOL-PERP+0.0096%1h118.85−0.070%$352K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.78−0.128%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.79−0.119%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h118.83−0.086%$6.0M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h118.86−0.060%$715.9M$417.8M20xas long as short
Aster SOLUSDT+0.0100%8h118.78−0.131%$177.9M$176.7M100xas long as short
Pacifica SOL+0.0100%1h118.85−0.068%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h118.83−0.085%$979.2M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.85−0.068%$826.1M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.76−0.144%$371.3M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.78−0.127%$233K$884K10xas long as short
Arcus SOL-USD+0.0100%1h118.85−0.070%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.85−0.068%$133.1M$7.6M20xas long as short
MEXC SOL_USDT+0.0100%8h118.79−0.119%$452.9M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.79−0.121%$139.5M$202.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.75−0.151%$494.4M$456.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.84−0.077%$24.1M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.22+0.243%$27.3M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.00+0.061%$95.6M$399.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.97+0.033%$48.7M$31.7M20xas long as short
ApeX Omni SOLUSDTlong+0.0100%1h118.93long leg$1.5M$6.2M50x
StandX SOL-USD+0.0100%1h118.89−0.034%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.77−0.135%$363K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.82−0.092%$200K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.85−0.070%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.85−0.068%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.85−0.068%$46.4M$102.5M50xas long as short
Extended SOL-USD+0.0104%1h118.78−0.131%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.87−0.052%$8.2M$415.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.81−0.101%$224.7M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h118.84−0.078%$32.6M$97.0M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h118.82−0.093%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h118.76−0.148%$1.1M$551K25xas long as short
RISEx SOL/USDC+0.0192%1h118.83−0.081%$1.7M$5.8M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.378%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h118.81−0.102%$52.0M$82.7M125xas long as short