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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Arcus against Lighter RH+0.035%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$80.083% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.005%+$1 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.035%, 7d avg +0.028%
Together, before fees+0.003%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL117.280.0096pay 0.0012% / 1h41m 29s$2.1M$16.2M25x
ShortArcus SOL-USD117.320.0100get 0.0013% / 1h41m 29s$2.0M$9.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
$0.84
Price spread: +0.035% → +0.028%
$0.7
Slippage, 4 orders
−$3.83
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$6.78
Costs to cover
0.083%
Break-even
63.5 days
Slippage from Lighter RH: live order book, 2 min ago; Arcus: live order book, 3 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, 2 min ago1.24 bp1.2 bp −$12.0 bp −$2017.9 bp −$1,793doesn't fit
Sell Arcus live order book, 3 min ago0.09 bp2.3 bp −$22.8 bp −$28168.9 bp −$16.9Kdoesn'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
Hotstuff SOL-PERP−0.0080%1h117.33+0.049%$918$8K25xas long as short
Vest SOL-PERP−0.0058%1h117.27−0.002%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.51+0.200%$31.5M$98.1M100xas long as short
Derive SOL-PERP−0.0010%1h117.19−0.074%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.28+0.003%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.32+0.037%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.56+0.243%$1.4M$19.5M3.1xas long as short
HTX SOL-USDT+0.0055%8h117.49+0.187%$228.2M$45.6M75xas long as short
01 Exchange SOLUSD+0.0056%1h117.31+0.030%$100K$163K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0057%1h117.55+0.231%$26.4M$25.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.55+0.233%$8.0M$403.4M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.52+0.211%$100K$691K20xas long as short
BingX SOL-USDC+0.0080%8h117.30+0.023%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0089%8h117.27−0.003%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.29+0.010%$13.0M$59.2M25xas long as short
Lighter RH SOLlong+0.0096%1h117.28long leg$2.1M$16.2M25x
Aevo SOL-PERP+0.0096%1h117.23−0.042%$343K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.30+0.021%$65K$839K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.28+0.006%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.34+0.055%$5.8M$39.5M40xas long as short
Aster SOLUSDT+0.0100%8h117.33+0.045%$176.1M$176.9M100xas long as short
Pacifica SOL+0.0100%1h117.32+0.040%$14.5M$127.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.26−0.011%$965.1M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.29+0.012%$818.9M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.26−0.013%$365.4M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.38+0.090%$238K$848K10xas long as short
Arcus SOL-USDshort+0.0100%1h117.32+0.035%$2.0M$9.0M20x
Bulk SOL-USD+0.0100%1h117.45+0.149%$134.7M$15.8M20xas long as short
Gate SOL_USDT+0.0100%8h117.33+0.047%$856.9M$647.1M100xas long as short
MEXC SOL_USDT+0.0100%8h117.28+0.004%$423.1M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.31+0.032%$129.9M$212.5M75xas long as short
Bitget SOLUSDT+0.0100%8h117.23−0.041%$486.0M$433.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.49+0.183%$23.7M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.36+0.076%$24.3M$119.2Mas long as short
edgeX SOLUSDC+0.0100%4h117.40+0.107%$94.3M$398.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.46+0.158%$48.1M$28.4M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.39+0.095%$1.5M$5.9M50xas long as short
StandX SOL-USD+0.0100%1h117.52+0.209%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.29+0.013%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.28+0.003%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.25−0.024%$25K$27K25xas long as short
SunX SOL-USDT+0.0100%8h117.53+0.216%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.51+0.200%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.50+0.192%$45.7M$100.2M50xas long as short
Extended SOL-USD+0.0104%1h117.270.000%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.50+0.188%$220.8M500xas long as short
Phoenix SOL+0.0129%1h117.38+0.090%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.39+0.094%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0162%1h117.41+0.115%$717.2M$393.4M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.27−0.004%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.38+0.090%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.48+0.175%$51.9M$71.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.28+0.006%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0381%1h117.41+0.116%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.33+0.047%$127K$3.8M8.3xas long as short