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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.035%
Price spread now: Bluefin against Lighter+0.022%7-day average · you sell dearer than you buy
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−0.590%−$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: Bluefin is 0.022% dearer against Lighter than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL116.450.0096pay 0.0012% / 1h37m 24s$13.1M$60.5M25x
ShortBluefin SOL-PERP116.480.0100get 0.0013% / 1h37m 24s$27K$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Lighter. 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: +0.022% → 0.000%
$2.23
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$3.93
Costs to cover
0.070%
Break-even
39.7 days
Slippage unknown: Lighter: live order book, 7 min ago; Bluefin: no order-book sample. 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 Lighter live order book, 7 min ago0.04 bp0.4 bp $01.6 bp −$166.8 bp −$67624.2 bp −$12.1K
Sell Bluefin no order-book sample
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
Hibachi SOL/USDT-P−0.0136%1h116.41−0.033%$96K$686K20xas long as short
Bybit SOLUSDT−0.0116%8h116.46+0.009%$740.3M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.47+0.018%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.50+0.042%$33.0M$105.3M100xas long as short
Derive SOL-PERP−0.0053%1h116.40−0.043%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0016%1h116.45+0.004%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.42−0.024%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.49+0.034%$1.5M$19.5M3.1xas long as short
Perpl SOL0.0000%43m116.45−0.002%$110K$3.6M8.3xas long as short
dYdX SOL-USD+0.0013%1h116.47+0.017%$4.3M$23.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0032%1h116.450.000%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.52+0.060%$100K$177K20xas long as short
Bitget SOLUSDT+0.0047%8h116.46+0.011%$479.7M$462.0M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.50+0.041%$8.0M$404.5M50xas long as short
SoDEX SOL-USD+0.0086%1h116.47+0.017%$6.1M$10.9M20xas long as short
Aster SOLUSDT+0.0087%8h116.47+0.017%$175.8M$174.6M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0088%1h116.54+0.075%$26.4M$21.8M50xas long as short
Orderly PERP_SOL_USDC+0.0089%8h116.47+0.020%$1.0M$6.0M100xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.48+0.022%$1.0M$551K50xas long as short
Lighter SOLlong+0.0096%1h116.45long leg$13.1M$60.5M25x
Aevo SOL-PERP+0.0096%1h116.49+0.034%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.43−0.017%$64K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.47+0.019%$5.5M$41.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.59+0.120%$697.6M$409.1M20xas long as short
Pacifica SOL+0.0100%1h116.50+0.040%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.48+0.028%$967.1M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.46+0.009%$368.8M$1.78B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.41−0.034%$217K$886K10xas long as short
Arcus SOL-USD+0.0100%1h116.50+0.042%$900K$8.7M20xas long as short
Gate SOL_USDT+0.0100%8h116.48+0.026%$843.8M$667.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.48+0.026%$362.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.47+0.015%$129.1M$232.6M75xas long as short
BingX SOL-USDT+0.0100%8h116.47+0.021%$372.8Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.43−0.017%$23.0M$37.9M50xas long as short
Variational Omni SOL+0.0100%8h116.51+0.055%$24.9M$111.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.40−0.042%$93.4M$409.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.54+0.078%$47.7M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.64+0.163%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.43−0.017%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.48+0.026%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.48+0.029%$234K$1.7M20xas long as short
Bluefin SOL-PERPshort+0.0100%1h116.48+0.022%$27K$36K25x
SunX SOL-USDT+0.0100%8h116.48+0.030%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.43−0.021%$225.5M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.42−0.026%$45.3M$105.6M50xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.086%$124.9M$24.9M20xas long as short
Extended SOL-USD+0.0104%1h116.43−0.017%$8.0M$39.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.46+0.006%$236.9M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50+0.043%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.55+0.086%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.45+0.004%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.51+0.052%$52.2M$68.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.49+0.037%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.56+0.096%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0498%1h116.55+0.088%$25K$56K20xas long as short