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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Lighter RH−0.022%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$80.082% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days−0.023%−$2 · spread now −0.022%, 7d avg −0.052%
Together, before fees−0.010%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$1 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: Extended is 0.029% dearer against Lighter RH than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL119.520.0096pay 0.0012% / 1h56m 44s$2.2M$16.9M25x
ShortExtended SOL-USD119.500.0104get 0.0013% / 1h56m 44s$8.7M$36.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.68
Price spread: −0.022% → −0.052%
$2.94
Slippage, 4 orders
−$3.22
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$3.6
Costs to cover
0.082%
Break-even
22.0 days
Slippage from Lighter RH: live order book, 2 min ago; Extended: live order book, 2 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 ago0.71 bp1.7 bp −$22.9 bp −$2917.4 bp −$1,739doesn't fit
Sell Extended live order book, 2 min ago0.42 bp2.9 bp −$32.9 bp −$295.0 bp −$501doesn'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%1h119.45−0.063%$847$8K25xas long as short
Vest SOL-PERP−0.0065%1h119.46−0.049%$723K20xas long as short
Derive SOL-PERP−0.0052%1h119.44−0.074%$2.0M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0006% / S +0.0004%1h119.52−0.003%$115K150xas long as short
dYdX SOL-USD0.0000%1h119.55+0.022%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.54+0.015%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.50−0.023%$177K$4.0M8.3xas long as short
Phoenix SOL+0.0054%1h119.58+0.047%$6.6M$13.7M25xas long as short
01 Exchange SOLUSD+0.0064%1h119.53+0.005%$104K$157K20xas long as short
Orderly PERP_SOL_USDC+0.0071%8h119.52−0.003%$1.1M$5.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SOL-USDT+0.0080%8h119.52−0.004%$371.5Mas long as short
HTX SOL-USDT+0.0083%8h119.48−0.039%$232.6M$45.0M75xas long as short
Gate SOL_USDT+0.0086%8h119.51−0.012%$870.5M$672.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0088%1h119.58+0.049%$26.7M$26.1M50xas long as short
Hibachi SOL/USDT-P+0.0088%1h119.49−0.032%$118K$608K20xas long as short
Aftermath Perps SOLUSD+0.0090%1h119.35−0.146%$24K$47K20xas long as short
Lighter SOL+0.0096%1h119.52−0.007%$13.6M$55.2M25xas long as short
Lighter RH SOLlong+0.0096%1h119.52long leg$2.2M$16.9M25x
Aevo SOL-PERP+0.0096%1h119.48−0.036%$354K$748K20xas long as short
Coinbase International SOL-PERP-INTX+0.0096%1h119.55+0.023%$8.3M$418.1M50xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.45−0.064%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.47−0.045%$45K$797K20xas long as short
Nado SOL-PERP+0.0100%1h119.46−0.054%$6.1M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h119.62+0.080%$722.0M$411.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.53+0.009%$179.0M$174.9M100xas long as short
Pacifica SOL+0.0100%1h119.55+0.022%$12.3M$119.6M20xas long as short
Binance SOLUSDT+0.0100%8h119.52−0.006%$984.4M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.55+0.020%$831.3M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.53+0.005%$372.9M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.48−0.037%$233K$873K10xas long as short
Arcus SOL-USD+0.0100%1h119.53+0.003%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.35−0.146%$133.8M$7.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.54+0.013%$452.0M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.52−0.003%$140.0M$203.1M75xas long as short
Bitget SOLUSDT+0.0100%8h119.53+0.006%$497.7M$455.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.51−0.012%$24.2M$37.8M50xas long as short
Variational Omni SOL+0.0100%8h119.26−0.222%$27.3M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h119.37−0.126%$95.9M$400.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.37−0.125%$48.8M$31.2M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36−0.140%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.53+0.005%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.54+0.013%$371K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.50−0.016%$203K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.51−0.008%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h119.45−0.058%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.52−0.003%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.47−0.045%$46.7M$102.2M50xas long as short
Extended SOL-USDshort+0.0104%1h119.50−0.022%$8.7M$36.0M50x
Kraken Futures PF_SOLUSD+0.0105%1h119.53+0.007%$32.7M$96.9M100xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.55+0.020%$224.3M500xas long as short
GMX SOL/USD [SOL-USDC]L +0.0169% / S −0.0070%1h119.52−0.004%$3.8M200xas long as short
Injective SOL/USDC PERP+0.0170%1h119.02−0.422%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0182%1h119.51−0.008%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h119.50−0.020%$52.1M$84.2M125xas long as short
RISEx SOL/USDC+0.0226%1h119.53+0.009%$1.7M$5.3M20xas long as short