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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: MEXC against Lighter+0.042%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs$0as in the Price arb table
costs, in and out, $10k−$50.047% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.042%, 7d avg −0.002%
Together, before fees−0.064%+ Points / potential airdropLighter: Season 3 · 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: MEXC is 0.044% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL119.510.0096pay 0.0012% / 1h43m 08s$13.6M$55.4M25x
ShortMEXC SOL_USDT119.560.0100get 0.0100% / 8h1h 43m$435.7M$1.10B300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.042% → −0.002%
$4.42
Slippage, 4 orders
−$2.74
Fee Lighter: 0 bp × 2 orders
$0
Fee MEXC: 1 bp × 2 orders
−$2
Net
$0.51
Costs to cover
0.047%
Break-even
2.7 days
Slippage from Lighter: live order book, 6 min ago; MEXC: live order book, 1 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 Lighter live order book, 6 min ago0.50 bp0.8 bp −$11.9 bp −$196.1 bp −$60718.6 bp −$9,278
Sell MEXC live order book, 1 min ago0.42 bp1.4 bp −$11.4 bp −$142.3 bp −$2344.4 bp −$2,212

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
Bluefin SOL-PERP−0.0525%1h119.49−0.014%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.41−0.084%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.56+0.041%$848$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.46−0.045%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.51−0.003%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.50−0.013%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.58+0.059%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.55+0.031%$182K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.50−0.007%$120K$610K20xas long as short
Phoenix SOL+0.0054%1h119.50−0.008%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0063%1h119.39−0.102%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0066%8h119.51+0.003%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0073%8h119.46−0.043%$232.7M$44.5M75xas long as short
BingX SOL-USDT+0.0080%8h119.56+0.044%$373.9Mas long as short
01 Exchange SOLUSD+0.0088%1h119.59+0.067%$104K$154K20xas long as short
Lighter SOLlong+0.0096%1h119.51long leg$13.6M$55.4M25x
Lighter RH SOL+0.0096%1h119.50−0.007%$2.1M$16.7M25xas long as short
Gate SOL_USDT+0.0096%8h119.50−0.008%$871.4M$678.5M100xas long as short
Aevo SOL-PERP+0.0096%1h119.47−0.030%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.53+0.013%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.510.000%$46K$789K20xas long as short
Nado SOL-PERP+0.0100%1h119.50−0.008%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.67+0.134%$722.2M$414.8M20xas long as short
Aster SOLUSDT+0.0100%8h119.58+0.060%$179.0M$175.8M100xas long as short
Pacifica SOL+0.0100%1h119.56+0.042%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.63+0.100%$985.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.70+0.157%$827.7M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.67+0.134%$373.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.50−0.008%$234K$887K10xas long as short
Arcus SOL-USD+0.0100%1h119.60+0.074%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15−0.300%$133.6M$9.3M20xas long as short
MEXC SOL_USDTshort+0.0100%8h119.56+0.042%$435.7M$1.10B300x
KuCoin SOLUSDTM+0.0100%8h119.50−0.004%$141.0M$199.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.69+0.153%$496.8M$454.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.57+0.050%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.106%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.46−0.044%$95.9M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.060%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.016%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.48−0.025%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.53+0.017%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.47−0.030%$200K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.49−0.018%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.50−0.008%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.54+0.025%$46.7M$101.9M50xas long as short
Extended SOL-USD+0.0104%1h119.68+0.140%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.56+0.038%$8.2M$415.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.51−0.003%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.51+0.003%$32.7M$95.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0151%1h119.57+0.047%$26.8M$27.6M50xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.49−0.020%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.51−0.002%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.59+0.068%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.318%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.52+0.008%$52.1M$82.5M125xas long as short