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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.035%
Price spread now: Lighter against Bluefin−0.166%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.592%+$59 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.166% cheaper against Bluefin than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP116.070.0100pay 0.0013% / 1h22m 23s$25K$33K25x
ShortLighter SOL115.880.0096get 0.0012% / 1h22m 23s$12.9M$61.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bluefin. 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: −0.166% → 0.000%
−$16.63
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$24.47
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin no order-book sample
Sell Lighter live order book, 7 min ago0.56 bp1.0 bp −$11.8 bp −$186.5 bp −$65323.3 bp −$11.7K
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SOLUSD−0.0241%1h115.76−0.265%$31.6M$102.9M100xas long as short
Hibachi SOL/USDT-P−0.0152%1h115.72−0.301%$103K$693K20xas long as short
BingX SOL-USDT−0.0115%8h116.02−0.042%$368.3Mas long as short
Bybit SOLUSDT−0.0110%8h116.05−0.017%$741.8M$1.42B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.33+0.226%$1K$8K25xas long as short
Derive SOL-PERP−0.0073%1h115.67−0.341%$1.9M$2.9M13xas long as short
Vest SOL-PERP−0.0068%1h115.92−0.126%$625K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.06−0.008%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h115.78−0.251%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m115.97−0.089%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0011%1h115.90−0.146%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0024%1h115.96−0.095%$98K$176K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h115.79−0.240%$7.7M$402.9M50xas long as short
Bitget SOLUSDT+0.0065%8h115.95−0.101%$477.9M$457.1M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0071%1h115.80−0.234%$26.2M$22.0M50xas long as short
Orderly PERP_SOL_USDC+0.0096%8h116.10+0.026%$1.0M$5.9M100xas long as short
Lighter SOLshort+0.0096%1h115.88−0.166%$12.9M$61.1M25x
Lighter RH SOL+0.0096%1h115.91−0.140%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.74−0.283%$348K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h115.89−0.155%$64K$915K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.91−0.139%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h115.89−0.155%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.03−0.034%$686.0M$400.9M20xas long as short
Aster SOLUSDT+0.0100%8h116.02−0.042%$175.4M$179.7M100xas long as short
Pacifica SOL+0.0100%1h115.92−0.131%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.02−0.045%$966.9M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.09+0.017%$361.5M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.87−0.172%$215K$872K10xas long as short
Arcus SOL-USD+0.0100%1h115.96−0.094%$914K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.85−0.188%$123.9M$22.0M20xas long as short
Gate SOL_USDT+0.0100%8h115.96−0.095%$841.2M$669.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.00−0.060%$357.3M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.96−0.092%$125.3M$230.0M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h115.81−0.224%$22.8M$38.3M50xas long as short
Variational Omni SOL+0.0100%8h115.53−0.469%$24.7M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.59−0.415%$92.8M$406.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.67−0.345%$47.3M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.61−0.396%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h115.69−0.327%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h115.96−0.095%$319K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.00−0.062%$147K$1.6M20xas long as short
Bluefin SOL-PERPlong+0.0100%1h116.07long leg$25K$33K25x
SunX SOL-USDT+0.0100%8h115.76−0.271%$188K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h115.76−0.267%$6.0M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h115.70−0.318%$224.1M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h115.79−0.241%$45.1M$104.8M50xas long as short
Extended SOL-USD+0.0104%1h115.89−0.158%$7.9M$38.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.00−0.065%$240.4M500xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66−0.353%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h115.69−0.327%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h115.97−0.088%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h115.79−0.241%$51.6M$67.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.00−0.063%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.00−0.060%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0573%1h115.82−0.212%$25K$53K20xas long as short