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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against gTrade (Gains Network)−0.008%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2722.720% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.091%+$9 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.008%, 7d avg +0.010%
Together, before fees+0.094%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SOL/USD119.29L 0.0000% / S +0.0004%get 0.0000% / 1h14m 32s$55K150x
ShortLighter SOL119.280.0096get 0.0012% / 1h14m 32s$14.1M$56.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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
$20.25
Price spread: −0.008% → +0.010%
−$1.8
Slippage, 4 orders
−$262.03
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$253.58
Costs to cover
2.720%
Break-even
94.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 70 min ago; Lighter: 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 gTrade (Gains Network) virtual book (oracle venue), 70 min ago130.06 bp135.1 bp −$135135.1 bp −$1,351515.4 bp −$51.5K2868.9 bp −$1.43M
Sell Lighter live order book, 4 min ago0.59 bp1.2 bp −$12.0 bp −$206.0 bp −$59917.2 bp −$8,608

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
Hotstuff SOL-PERP−0.0080%1h119.29−0.003%$933$8K25xas long as short
Vest SOL-PERP−0.0079%1h119.19−0.089%$608K20xas long as short
Derive SOL-PERP−0.0062%1h119.19−0.091%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0020%1h119.30+0.005%$4.9M$25.8M20xas long as short
Hibachi SOL/USDT-P−0.0016%1h119.19−0.087%$101K$650K20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h119.28−0.016%$32.3M$96.9M100xas long as short
HTX SOL-USDT−0.0004%8h119.16−0.111%$231.8M$44.1M75xas long as short
gTrade (Gains Network) SOL/USDlongL 0.0000% / S +0.0004%1h119.29long leg$55K150x
Kalshi KXSOLPERP0.0000%8h119.30+0.005%$1.2M$20.1M3.1xas long as short
Perpl SOL0.0000%43m119.26−0.028%$155K$3.8M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.31+0.013%$104K$160K20xas long as short
Bluefin SOL-PERP+0.0074%1h119.25−0.034%$37K$17K25xas long as short
BingX SOL-USDT+0.0080%8h119.29−0.001%$367.1Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h119.26−0.027%$1.1M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.29−0.005%$8.1M$410.7M50xas long as short
Gate SOL_USDT+0.0094%8h119.29−0.003%$856.3M$670.7M100xas long as short
Lighter SOLshort+0.0096%1h119.28−0.008%$14.1M$56.4M25x
Lighter RH SOL+0.0096%1h119.28−0.014%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.28−0.014%$350K$261K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0096%1h119.32+0.024%$26.7M$24.8M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.30+0.008%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.26−0.029%$47K$786K20xas long as short
Nado SOL-PERP+0.0100%1h119.24−0.045%$6.3M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.40+0.089%$727.5M$397.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.30+0.003%$180.2M$176.3M100xas long as short
Pacifica SOL+0.0100%1h119.33+0.030%$12.3M$125.1M20xas long as short
Binance SOLUSDT+0.0100%8h119.29−0.001%$982.2M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h119.33+0.034%$827.8M$1.25B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.26−0.029%$371.4M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.12−0.146%$233K$833K10xas long as short
Arcus SOL-USD+0.0100%1h119.18−0.094%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.76−0.449%$137.0M$12.6M20xas long as short
MEXC SOL_USDT+0.0100%8h119.29−0.003%$433.4M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.30+0.007%$139.1M$203.4M75xas long as short
Bitget SOLUSDT+0.0100%8h119.28−0.013%$494.7M$438.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.29−0.003%$24.0M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h119.18−0.098%$24.9M$130.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.97−0.275%$95.6M$404.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.12−0.147%$48.8M$29.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.04−0.213%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h119.17−0.104%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.27−0.020%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.022%$203K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.25−0.035%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h119.27−0.020%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.27−0.020%$46.7M$99.6M50xas long as short
Extended SOL-USD+0.0104%1h119.26−0.028%$8.6M$34.9M50xas long as short
Phoenix SOL+0.0114%1h119.10−0.163%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.22−0.060%$218.8M500xas long as short
RISEx SOL/USDC+0.0161%1h119.30+0.002%$1.8M$4.5M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h119.28−0.010%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h119.01−0.238%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h119.26−0.029%$1.1M$524K25xas long as short
Aftermath Perps SOLUSD+0.0194%1h119.10−0.165%$25K$50K20xas long as short
BloFin SOL-USDT+0.0220%8h119.27−0.020%$51.9M$75.1M125xas long as short