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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Bullet−0.055%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$130.129% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 7 days+0.063%+$6 · spread now −0.055%, 7d avg −0.023%
Together, before fees+0.064%+ Points / potential airdropLighter RH: Points live · farm board+$6 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 0.032% cheaper against Bullet than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SOL-USD116.590.0100pay 0.0013% / 1h49m 34s$148K$1.6M20x
ShortLighter RH SOL116.530.0096get 0.0012% / 1h49m 34s$2.2M$16.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Bullet. 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: −0.055% → −0.023%
−$3.23
Slippage, 4 orders
−$4.94
Fee Bullet: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$17.02
Costs to cover
0.129%
Break-even
never at this rate
Slippage from Bullet: live order book, 5 min ago; Lighter RH: live order book, 4 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 Bullet live order book, 5 min ago0.51 bp4.6 bp −$59.2 bp −$92doesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago0.90 bp1.0 bp −$12.7 bp −$2722.7 bp −$2,273doesn'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
Vest SOL-PERP−0.0083%1h116.50−0.083%$602K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.73+0.116%$913$8K25xas long as short
Hibachi SOL/USDT-P−0.0024%1h116.63+0.035%$103K$700K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.60+0.004%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.61+0.017%$1.4M$18.7M3.1xas long as short
dYdX SOL-USD+0.0001%1h116.56−0.029%$4.4M$24.2M20xas long as short
ApeX Omni SOLUSDT+0.0005%1h116.61+0.014%$1.3M$6.2M50xas long as short
Derive SOL-PERP+0.0012%1h116.51−0.072%$1.9M$2.8M13xas long as short
01 Exchange SOLUSD+0.0040%1h116.56−0.029%$99K$168K20xas long as short
Coinbase International SOL-PERP-INTX+0.0064%1h116.58−0.016%$7.6M$403.9M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SOLUSD+0.0075%1h116.56−0.028%$30.9M$100.4M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0084%1h116.62+0.022%$26.3M$25.2M50xas long as short
Orderly PERP_SOL_USDC+0.0091%8h116.59−0.004%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h116.55−0.040%$13.0M$59.6M25xas long as short
Lighter RH SOLshort+0.0096%1h116.53−0.055%$2.2M$16.6M25x
Aevo SOL-PERP+0.0096%1h116.57−0.018%$342K$236K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.61+0.010%$994K$530K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.50−0.081%$48K$858K20xas long as short
Nado SOL-PERP+0.0100%1h116.52−0.059%$5.5M$39.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.62+0.022%$706.3M$395.2M20xas long as short
Aster SOLUSDT+0.0100%8h116.53−0.055%$175.1M$181.9M100xas long as short
Pacifica SOL+0.0100%1h116.59−0.002%$15.7M$129.8M20xas long as short
Binance SOLUSDT+0.0100%8h116.54−0.045%$963.2M$3.77B100xas long as short
Bybit SOLUSDT+0.0100%8h116.51−0.072%$792.5M$1.33B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.56−0.029%$363.9M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.47−0.107%$232K$852K10xas long as short
Arcus SOL-USD+0.0100%1h116.54−0.050%$2.0M$9.1M20xas long as short
Bulk SOL-USD+0.0100%1h116.66+0.054%$133.8M$20.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.55−0.038%$846.8M$653.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.54−0.046%$415.0M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.53−0.051%$126.2M$216.8M75xas long as short
Bitget SOLUSDT+0.0100%8h116.51−0.070%$481.3M$439.3M100xas long as short
BingX SOL-USDT+0.0100%8h116.51−0.071%$365.4Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.54−0.046%$23.3M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.54−0.043%$24.4M$114.9Mas long as short
edgeX SOLUSDC+0.0100%4h116.65+0.048%$93.7M$396.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.72+0.104%$47.7M$29.3M20xas long as short
StandX SOL-USD+0.0100%1h116.60+0.005%$1.3M$13.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.51−0.072%$331K$2.5M20xas long as short
Bullet SOL-USDlong+0.0100%1h116.59long leg$148K$1.6M20x
Bluefin SOL-PERP+0.0100%1h116.56−0.029%$25K$29K25xas long as short
SunX SOL-USDT+0.0100%8h116.59−0.002%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.57−0.021%$6.0M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.64+0.043%$226.2M$46.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.58−0.012%$45.6M$101.2M50xas long as short
Extended SOL-USD+0.0104%1h116.47−0.106%$8.0M$36.5M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.61+0.010%$221.3M500xas long as short
Injective SOL/USDC PERP+0.0137%1h117.56+0.828%$4K$2K12xas long as short
Phoenix SOL+0.0137%1h116.76+0.142%$6.5M$13.4M25xas long as short
Reya SOLRUSDPERP+0.0190%1h116.49−0.088%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h116.67+0.065%$51.9M$71.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h116.61+0.011%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.61+0.011%$141K$3.7M8.3xas long as short
Aftermath Perps SOLUSD+0.0480%1h116.72+0.108%$25K$50K20xas long as short
RISEx SOL/USDC+0.0559%1h116.59−0.002%$1.9M$4.9M20xas long as short