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+0.0117%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.160%
Price spread now: Injective against Lighter RH−0.469%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Injective is 0.469% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.469% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 13 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.028% in total) that is about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL119.690.0096pay 0.0012% / 1h42m 27s$2.1M$16.7M25x
ShortInjective SOL/USDC PERP119.130.0213get 0.0027% / 1h42m 27s$4K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$24.65
Price spread: −0.469% → 0.000%
−$46.87
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$22.24
Costs to cover
0.000%
Break-even
13.3 days
Slippage unknown: Lighter RH: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.

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, 6 min ago1.64 bp1.6 bp −$22.3 bp −$2316.9 bp −$1,694doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bluefin SOL-PERP−0.0525%1h119.49−0.165%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.41−0.235%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.53−0.136%$847$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.58−0.089%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.68−0.012%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.50−0.164%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.58−0.093%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.55−0.120%$182K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.53−0.137%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.50−0.160%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0063%1h119.39−0.253%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0066%8h119.51−0.148%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0073%8h119.46−0.194%$232.7M$44.5M75xas long as short
BingX SOL-USDC+0.0080%8h119.66−0.028%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.72+0.024%$105K$153K20xas long as short
Gate SOL_USDT+0.0092%8h119.59−0.084%$872.3M$678.7M100xas long as short
Lighter SOL+0.0096%1h119.62−0.057%$13.7M$55.5M25xas long as short
Lighter RH SOLlong+0.0096%1h119.69long leg$2.1M$16.7M25x
Aevo SOL-PERP+0.0096%1h119.47−0.181%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.61−0.068%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.68−0.009%$46K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.66−0.024%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.79+0.086%$722.0M$415.6M20xas long as short
Aster SOLUSDT+0.0100%8h119.66−0.026%$179.1M$175.8M100xas long as short
Pacifica SOL+0.0100%1h119.66−0.022%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.66−0.022%$986.2M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.69−0.001%$827.8M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.65−0.034%$372.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.58−0.093%$234K$887K10xas long as short
Arcus SOL-USD+0.0100%1h119.72+0.024%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15−0.451%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.66−0.026%$456.2M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.61−0.063%$141.1M$199.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.66−0.027%$496.5M$454.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.57−0.101%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.257%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.46−0.195%$95.9M$398.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.211%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.167%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.48−0.176%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.68−0.009%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.47−0.181%$200K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.49−0.169%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.50−0.160%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.54−0.126%$46.7M$101.9M50xas long as short
Extended SOL-USD+0.0104%1h119.63−0.047%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.56−0.113%$8.2M$415.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.51−0.154%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.51−0.148%$32.7M$95.0M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0151%1h119.57−0.104%$26.8M$27.6M50xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.49−0.171%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.66−0.023%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.71+0.019%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERPshort+0.0213%1h119.13−0.469%$4K$2K12x
BloFin SOL-USDT+0.0220%8h119.52−0.143%$52.1M$82.5M125xas long as short