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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.041%
Price spread now: dYdX against Lighter RH+0.058%7-day average −0.012% · 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−$23as in the Price arb table
costs, in and out, $10k−$290.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.058%, 7d avg −0.012%
Together, before fees−0.172%+ Points / potential airdropLighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.069% dearer against Lighter RH than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.012%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL118.020.0096pay 0.0012% / 1h24m 24s$2.2M$16.8M25x
ShortdYdX SOL-USD118.090get 0.0000% / 1h24m 24s$4.5M$24.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$20.16
Price spread: +0.058% → −0.012%
$6.93
Slippage, 4 orders
−$19.44
Fee Lighter RH: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.66
Costs to cover
0.294%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 5 min ago; dYdX: live order book, 5 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, 5 min ago1.23 bp1.2 bp −$12.3 bp −$2318.6 bp −$1,860doesn't fit
Sell dYdX live order book, 5 min ago8.49 bp13.5 bp −$1314.9 bp −$14937.5 bp −$3,75477.3 bp −$38.7K

SOL on 54 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%1h118.00−0.022%$923$8K25xas long as short
Vest SOL-PERP−0.0068%1h117.95−0.061%$607K20xas long as short
Hibachi SOL/USDT-P−0.0032%1h118.16+0.119%$101K$691K20xas long as short
Derive SOL-PERP−0.0027%1h117.88−0.121%$2.0M$2.8M13xas long as short
ApeX Omni SOLUSDT−0.0003%1h117.89−0.108%$1.5M$6.0M50xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.96−0.053%$53K150xas long as short
dYdX SOL-USDshort0.0000%1h118.09+0.058%$4.5M$24.2M20x
Kalshi KXSOLPERP0.0000%8h118.09+0.060%$1.4M$21.0M3.1xas long as short
Perpl SOL0.0000%43m117.98−0.031%$129K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h117.97−0.044%$2.0M$4.7M20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOL_USDT+0.0043%8h117.97−0.044%$853.6M$662.4M100xas long as short
HTX SOL-USDT+0.0047%8h118.07+0.042%$229.5M$45.5M75xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.07+0.043%$31.7M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.09+0.058%$8.0M$410.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0074%1h118.12+0.080%$26.5M$25.5M50xas long as short
BingX SOL-USDT+0.0080%8h117.99−0.029%$369.8Mas long as short
Orderly PERP_SOL_USDC+0.0087%8h117.98−0.031%$1.1M$5.8M100xas long as short
Lighter SOL+0.0096%1h118.03+0.004%$13.1M$59.9M25xas long as short
Lighter RH SOLlong+0.0096%1h118.02long leg$2.2M$16.8M25x
01 Exchange SOLUSD+0.0096%1h117.98−0.036%$103K$159K20xas long as short
Aevo SOL-PERP+0.0096%1h117.96−0.051%$346K$258K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.97−0.048%$1.0M$519K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.93−0.078%$65K$853K20xas long as short
Nado SOL-PERP+0.0100%1h118.05+0.024%$5.7M$41.7M40xas long as short
Aster SOLUSDT+0.0100%8h117.99−0.027%$177.2M$179.9M100xas long as short
Pacifica SOL+0.0100%1h118.06+0.029%$14.4M$128.9M20xas long as short
Binance SOLUSDT+0.0100%8h117.96−0.057%$972.2M$3.80B100xas long as short
Bybit SOLUSDT+0.0100%8h117.97−0.041%$822.5M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.98−0.036%$366.5M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.01−0.010%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h117.98−0.039%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.00−0.019%$135.1M$14.3M20xas long as short
MEXC SOL_USDT+0.0100%8h117.98−0.036%$426.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.99−0.030%$131.7M$210.3M75xas long as short
Bitget SOLUSDT+0.0100%8h117.96−0.056%$488.5M$440.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.07+0.041%$23.8M$37.5M50xas long as short
Variational Omni SOL+0.0100%8h118.14+0.096%$24.5M$122.9Mas long as short
edgeX SOLUSDC+0.0100%4h117.99−0.028%$94.8M$404.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.98−0.035%$48.3M$29.0M20xas long as short
StandX SOL-USD+0.0100%1h118.06+0.032%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.97−0.044%$354K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.98−0.039%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.94−0.072%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.13+0.088%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.07+0.041%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.06+0.032%$46.0M$101.6M50xas long as short
Phoenix SOL+0.0101%1h117.98−0.036%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.93−0.079%$8.1M$36.2M50xas long as short
Hyperliquid SOL+0.0106%1h118.08+0.049%$722.1M$399.8M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.96−0.055%$226.2M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.96−0.051%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0222%1h117.87−0.129%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0174%1h117.96−0.053%$3.6M200xas long as short
Aftermath Perps SOLUSD+0.0330%1h117.96−0.052%$25K$51K20xas long as short