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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.163%
Price spread now: Lighter against Injective−0.495%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−0.051%−$5 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.495% cheaper against Injective than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP119.600.0170pay 0.0021% / 1h32m 24s$4K$2K12x
ShortLighter SOL119.010.0096get 0.0012% / 1h32m 24s$13.6M$55.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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
−$15.61
Price spread: −0.495% → 0.000%
−$49.5
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
−$65.13
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Lighter live order book, 7 min ago0.34 bp1.2 bp −$12.5 bp −$256.8 bp −$67622.0 bp −$11.0K
Injective: 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
Hotstuff SOL-PERP−0.0080%1h118.97−0.524%$844$8K25xas long as short
Vest SOL-PERP−0.0075%1h118.95−0.542%$723K20xas long as short
Derive SOL-PERP−0.0073%1h118.91−0.575%$2.0M$2.8M13xas long as short
dYdX SOL-USD−0.0017%1h119.03−0.475%$4.9M$28.0M20xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.03−0.474%$112K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02−0.482%$1.3M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.00−0.506%$177K$4.0M8.3xas long as short
ApeX Omni SOLUSDT+0.0042%1h119.02−0.485%$1.5M$6.2M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0050%1h119.06−0.452%$26.6M$26.0M50xas long as short
Orderly PERP_SOL_USDC+0.0075%8h119.00−0.502%$1.0M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0080%1h119.04−0.468%$104K$158K20xas long as short
BingX SOL-USDT+0.0080%8h119.01−0.494%$371.9Mas long as short
HTX SOL-USDT+0.0088%8h118.93−0.557%$231.5M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h118.99−0.510%$864.0M$679.2M100xas long as short
Lighter SOLshort+0.0096%1h119.01−0.495%$13.6M$55.8M25x
Lighter RH SOL+0.0096%1h118.98−0.517%$2.2M$16.9M25xas long as short
Hibachi SOL/USDT-P+0.0096%1h119.03−0.479%$121K$627K20xas long as short
Aevo SOL-PERP+0.0096%1h118.96−0.535%$352K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.00−0.503%$8.1M$416.6M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.97−0.529%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.00−0.502%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.00−0.506%$6.1M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.12−0.401%$721.1M$411.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.00−0.502%$178.6M$176.3M100xas long as short
Pacifica SOL+0.0100%1h119.04−0.468%$12.3M$120.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.01−0.494%$983.5M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h119.02−0.483%$825.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.98−0.518%$372.5M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.93−0.560%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.04−0.466%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35−0.209%$134.1M$6.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.01−0.493%$460.3M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.02−0.488%$138.7M$205.0M75xas long as short
Bitget SOLUSDT+0.0100%8h118.96−0.536%$493.4M$460.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00−0.502%$24.2M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.09−0.425%$27.2M$129.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.23−0.310%$95.8M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.09−0.426%$48.8M$31.3M20xas long as short
StandX SOL-USD+0.0100%1h119.03−0.477%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.00−0.502%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.00−0.498%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.00−0.500%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.99−0.513%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.98−0.518%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.99−0.510%$46.5M$102.8M50xas long as short
Phoenix SOL+0.0100%1h119.08−0.435%$6.6M$13.7M25xas long as short
Aftermath Perps SOLUSD+0.0104%1h119.17−0.360%$24K$47K20xas long as short
Extended SOL-USD+0.0104%1h118.98−0.521%$8.7M$36.0M50xas long as short
Kraken Futures PF_SOLUSD+0.0105%1h118.99−0.509%$32.6M$97.1M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.99−0.508%$225.4M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0168% / S −0.0068%1h119.02−0.484%$3.8M200xas long as short
Injective SOL/USDC PERPlong+0.0170%1h119.60long leg$4K$2K12x
Reya SOLRUSDPERP+0.0183%1h118.98−0.516%$1.1M$538K25xas long as short
BloFin SOL-USDT+0.0220%8h119.00−0.502%$52.2M$81.7M125xas long as short
RISEx SOL/USDC+0.0226%1h119.06−0.455%$1.7M$5.2M20xas long as short