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+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.015%
Price spread now: ApeX Omni against Lighter RH+0.121%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$140.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.290%−$29 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.121%, 7d avg −0.002%
Together, before fees−0.398%+ Points / potential airdropLighter RH: Points live · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.123% dearer against Lighter RH than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 7 days funding on this pair cost −0.290%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL116.380.0024pay 0.0003% / 1h35m 14s$2.2M$16.8M25x
ShortApeX Omni SOLUSDT116.520.0100get 0.0013% / 1h35m 14s$1.2M$6.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter RH. 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
$15.96
Price spread: +0.121% → −0.002%
$12.32
Slippage, 4 orders
−$4.23
Fee Lighter RH: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$14.05
Costs to cover
0.142%
Break-even
0.8 days
Slippage from Lighter RH: live order book, 4 min ago; ApeX Omni: 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 RH live order book, 4 min ago0.86 bp0.9 bp −$11.5 bp −$1517.2 bp −$1,717doesn't fit
Sell ApeX Omni live order book, 4 min ago0.86 bp6.4 bp −$69.2 bp −$9267.4 bp −$6,737doesn'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
Hibachi SOL/USDT-P−0.0136%1h116.39+0.009%$96K$688K20xas long as short
Bybit SOLUSDT−0.0116%8h116.37−0.009%$740.0M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.42+0.032%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.43+0.041%$33.0M$105.3M100xas long as short
Derive SOL-PERP−0.0053%1h116.33−0.045%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0019%1h116.37−0.012%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.40+0.019%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.43+0.044%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.43+0.040%$110K$3.6M8.3xas long as short
dYdX SOL-USD+0.0016%1h116.41+0.026%$4.3M$23.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOLlong+0.0024%1h116.38long leg$2.2M$16.8M25x
01 Exchange SOLUSD+0.0040%1h116.40+0.017%$100K$177K20xas long as short
Bitget SOLUSDT+0.0046%8h116.38+0.002%$479.3M$461.5M100xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.42+0.033%$8.0M$403.8M50xas long as short
Aster SOLUSDT+0.0085%8h116.39+0.009%$175.7M$174.6M100xas long as short
SoDEX SOL-USD+0.0088%1h116.380.000%$6.1M$10.9M20xas long as short
Orderly PERP_SOL_USDC+0.0089%8h116.380.000%$1.0M$6.0M100xas long as short
Paradex SOL-USD-PERP+0.0095%8h116.40+0.016%$1.0M$551K50xas long as short
Lighter SOL+0.0096%1h116.38+0.003%$13.1M$60.5M25xas long as short
Aevo SOL-PERP+0.0096%1h116.40+0.013%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.36−0.017%$64K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.35−0.027%$5.5M$41.1M40xas long as short
Hyperliquid SOL+0.0100%1h116.49+0.095%$697.0M$409.2M20xas long as short
Pacifica SOL+0.0100%1h116.43+0.039%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.40+0.017%$966.4M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.380.000%$367.7M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.39+0.009%$216K$886K10xas long as short
Arcus SOL-USD+0.0100%1h116.39+0.010%$899K$8.7M20xas long as short
Gate SOL_USDT+0.0100%8h116.39+0.009%$843.0M$667.8M100xas long as short
MEXC SOL_USDT+0.0100%8h116.40+0.017%$362.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.37−0.009%$129.7M$232.9M75xas long as short
BingX SOL-USDT+0.0100%8h116.38+0.003%$373.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.40+0.017%$23.0M$37.6M50xas long as short
Variational Omni SOL+0.0100%8h116.35−0.022%$24.9M$111.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.44+0.049%$93.5M$410.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.41+0.023%$47.6M$30.9M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h116.52+0.121%$1.2M$6.8M50x
StandX SOL-USD+0.0100%1h116.51+0.112%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.36−0.017%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.38−0.002%$237K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.39+0.007%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.36−0.013%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.36−0.015%$225.4M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.39+0.009%$45.3M$105.4M50xas long as short
Bulk SOL-USD+0.0100%1h116.55+0.146%$124.9M$24.9M20xas long as short
Extended SOL-USD+0.0104%1h116.34−0.032%$8.0M$39.0M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0108%1h116.46+0.071%$26.4M$21.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.42+0.031%$237.1M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50+0.103%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.55+0.146%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.36−0.020%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.380.000%$52.1M$67.9M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.41+0.028%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.45+0.062%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0497%1h116.49+0.098%$25K$56K20xas long as short