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 +0.001%
Price spread now: SunX against Lighter+0.004%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 3 days (all we have)−0.274%−$27 · spread now +0.004%, 7d avg −0.031%
Together, before fees−0.217%+ Points / potential airdropLighter: Season 3 · farm board−$22 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: SunX is 0.034% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL119.410.0096pay 0.0012% / 1h53m 30s$13.7M$54.9M25x
ShortSunX SOL-USDT119.420.0100get 0.0100% / 8h1h 53m$194K$1.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.004% → −0.031%
$3.43
Slippage, 4 orders
−$39.24
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$42.98
Costs to cover
0.472%
Break-even
365.1 days
Slippage from Lighter: live order book, 5 min ago; SunX: live order book, 12 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, 5 min ago0.38 bp1.1 bp −$12.2 bp −$226.2 bp −$62321.9 bp −$10.9K
Sell SunX live order book, 12 min ago3.53 bp22.3 bp −$2236.0 bp −$360doesn't fitdoesn'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
Derive SOL-PERP−0.0094%1h119.34−0.059%$2.0M$3.1M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.47+0.046%$847$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.29−0.103%$724K20xas long as short
dYdX SOL-USD−0.0005%1h119.43+0.013%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.44+0.023%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.47+0.053%$1.2M$20.7M3.1xas long as short
Hibachi SOL/USDT-P0.0000%1h119.46+0.043%$120K$625K20xas long as short
Perpl SOL0.0000%43m119.32−0.080%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.45+0.031%$26.8M$27.6M50xas long as short
Phoenix SOL+0.0054%1h119.37−0.035%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0057%1h119.31−0.086%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0064%8h119.44+0.021%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0069%8h119.37−0.038%$232.5M$44.7M75xas long as short
BingX SOL-USDC+0.0080%8h119.36−0.046%$10.5Mas long as short
Gate SOL_USDT+0.0093%8h119.40−0.010%$869.5M$675.4M100xas long as short
Lighter SOLlong+0.0096%1h119.41long leg$13.7M$54.9M25x
Lighter RH SOL+0.0096%1h119.41−0.003%$2.1M$16.7M25xas long as short
01 Exchange SOLUSD+0.0096%1h119.36−0.044%$104K$153K20xas long as short
Aevo SOL-PERP+0.0096%1h119.39−0.015%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.38−0.031%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.31−0.085%$46K$791K20xas long as short
Nado SOL-PERP+0.0100%1h119.29−0.106%$6.3M$42.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.41−0.002%$720.5M$413.2M20xas long as short
Aster SOLUSDT+0.0100%8h119.42+0.011%$179.0M$176.6M100xas long as short
Pacifica SOL+0.0100%1h119.44+0.027%$12.4M$116.2M20xas long as short
Binance SOLUSDT+0.0100%8h119.33−0.069%$978.2M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.34−0.061%$824.1M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.30−0.094%$372.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.44+0.023%$233K$877K10xas long as short
Arcus SOL-USD+0.0100%1h119.37−0.036%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.05−0.300%$133.5M$10.2M20xas long as short
MEXC SOL_USDT+0.0100%8h119.41−0.002%$436.5M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.42+0.008%$140.9M$199.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.27−0.116%$495.7M$455.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.39−0.018%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.31−0.081%$27.4M$127.7Mas long as short
edgeX SOLUSDC+0.0100%4h119.37−0.033%$95.9M$397.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.47+0.051%$48.9M$32.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.46+0.040%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.49+0.065%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30−0.094%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.27−0.122%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.44+0.023%$38K$16K25xas long as short
SunX SOL-USDTshort+0.0100%8h119.42+0.004%$194K$1.9M30x
SoDEX SOL-USD+0.0100%1h119.40−0.010%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.39−0.018%$46.7M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.32−0.080%$8.7M$36.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.42+0.003%$8.2M$416.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.53+0.102%$222.4M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.38−0.024%$32.8M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.44+0.024%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0180%1h119.27−0.121%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.36−0.042%$1.6M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41−0.002%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.48+0.057%$52.0M$87.2M125xas long as short