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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Lighter−0.195%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$110.108% 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 4 days (all we have)+0.120%+$12 · spread now −0.195%, 7d avg −0.024%
Together, before fees+0.119%+ Points / potential airdropLighter: Season 3 · farm board+$12 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: SoDEX is 0.171% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL116.240.0096pay 0.0012% / 1h20m 34s$13.0M$61.2M25x
ShortSoDEX SOL-USD116.010.0100get 0.0013% / 1h20m 34s$6.1M$10.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.195% → −0.024%
−$17.08
Slippage, 4 orders
−$2.8
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$27.04
Costs to cover
0.108%
Break-even
232.3 days
Slippage from Lighter: live order book, 8 min ago; SoDEX: 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 Lighter live order book, 8 min ago0.56 bp0.9 bp −$11.8 bp −$188.4 bp −$84223.8 bp −$11.9K
Sell SoDEX live order book, 4 min ago0.43 bp4.4 bp −$45.1 bp −$5116.7 bp −$1,673doesn'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
Kraken Futures PF_SOLUSD−0.0241%1h116.00−0.200%$31.7M$102.7M100xas long as short
Hibachi SOL/USDT-P−0.0144%1h116.02−0.188%$104K$693K20xas long as short
BingX SOL-USDT−0.0112%8h116.25+0.014%$368.8Mas long as short
Bybit SOLUSDT−0.0108%8h116.24+0.003%$742.2M$1.42B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.33+0.077%$1K$8K25xas long as short
Vest SOL-PERP−0.0065%1h116.06−0.155%$625K20xas long as short
Derive SOL-PERP−0.0015%1h115.95−0.250%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.04−0.171%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.15−0.071%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.10−0.121%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0010%1h116.25+0.010%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0024%1h116.26+0.020%$99K$177K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.03−0.179%$7.7M$403.6M50xas long as short
Bitget SOLUSDT+0.0065%8h116.25+0.008%$478.7M$458.5M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h116.05−0.158%$26.2M$22.0M50xas long as short
Orderly PERP_SOL_USDC+0.0096%8h116.03−0.180%$1.0M$5.9M100xas long as short
Lighter SOLlong+0.0096%1h116.24long leg$13.0M$61.2M25x
Lighter RH SOL+0.0096%1h116.23−0.009%$2.2M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h115.98−0.225%$349K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.22−0.015%$64K$912K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.25+0.011%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.08−0.134%$5.2M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.34+0.089%$691.9M$403.5M20xas long as short
Aster SOLUSDT+0.0100%8h116.26+0.021%$175.8M$176.9M100xas long as short
Pacifica SOL+0.0100%1h116.27+0.031%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.28+0.037%$969.1M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.25+0.011%$362.9M$1.74B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.17−0.058%$216K$875K10xas long as short
Arcus SOL-USD+0.0100%1h116.30+0.052%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.85−0.332%$123.9M$22.0M20xas long as short
Gate SOL_USDT+0.0100%8h116.24+0.003%$844.2M$670.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.26+0.020%$356.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.25+0.008%$125.5M$230.0M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.03−0.178%$22.9M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h115.99−0.208%$24.8M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h115.75−0.423%$92.9M$407.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.84−0.341%$47.4M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.75−0.416%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h115.93−0.264%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.08−0.135%$320K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.05−0.161%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.01−0.196%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.09−0.130%$189K$1.8M30xas long as short
SoDEX SOL-USDshort+0.0100%1h116.01−0.195%$6.1M$10.9M20x
HTX SOL-USDT+0.0100%8h115.98−0.217%$224.7M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.03−0.178%$45.2M$104.8M50xas long as short
Extended SOL-USD+0.0104%1h116.23−0.008%$8.0M$39.1M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.09−0.126%$238.0M500xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66−0.496%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h115.69−0.471%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.05−0.159%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.10−0.118%$51.8M$67.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.03−0.179%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.34+0.091%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0576%1h115.90−0.287%$25K$53K20xas long as short