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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Lighter RH−0.040%7-day average +0.005% · 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+0.033%+$3 on $10k
Price spread, last 7 days−0.012%−$1 · spread now −0.040%, 7d avg +0.005%
Together, before fees+0.021%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$2 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: Ondo Perps is 0.045% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL116.410.0096pay 0.0012% / 1h18m 57s$2.2M$16.9M25x
ShortOndo Perps SOL-USD.P116.360.0100get 0.0013% / 1h18m 57s$216K$877K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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: −0.040% → +0.005%
−$4.52
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.68
Costs to cover
0.050%
Break-even
79.3 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Ondo Perps: 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, 5 min ago0.86 bp0.9 bp −$11.7 bp −$1718.0 bp −$1,805doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Kraken Futures PF_SOLUSD−0.0240%1h116.43+0.020%$31.9M$102.9M100xas long as short
Hibachi SOL/USDT-P−0.0136%1h116.29−0.098%$104K$693K20xas long as short
BingX SOL-USDT−0.0112%8h116.46+0.046%$369.6Mas long as short
Bybit SOLUSDT−0.0108%8h116.36−0.040%$742.6M$1.42B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.43+0.016%$1K$8K25xas long as short
Vest SOL-PERP−0.0059%1h116.38−0.024%$625K20xas long as short
Derive SOL-PERP−0.0015%1h116.37−0.035%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.46+0.042%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.46+0.046%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.43+0.016%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0010%1h116.43+0.018%$4.3M$24.0M20xas long as short
01 Exchange SOLUSD+0.0024%1h116.43+0.020%$99K$177K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.43+0.017%$7.8M$405.0M50xas long as short
Bitget SOLUSDT+0.0064%8h116.34−0.061%$479.2M$458.9M100xas long as short
Orderly PERP_SOL_USDC+0.0096%8h116.45+0.041%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.43+0.019%$13.0M$61.3M25xas long as short
Lighter RH SOLlong+0.0096%1h116.41long leg$2.2M$16.9M25x
Aevo SOL-PERP+0.0096%1h116.44+0.028%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.35−0.049%$64K$912K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.42+0.014%$1.0M$550K50xas long as short
Nado SOL-PERP+0.0100%1h116.37−0.031%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.55+0.123%$692.7M$404.0M20xas long as short
Aster SOLUSDT+0.0100%8h116.41+0.006%$176.0M$177.0M100xas long as short
Pacifica SOL+0.0100%1h116.42+0.015%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.41+0.005%$970.2M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.37−0.032%$364.4M$1.74B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h116.36−0.040%$216K$877K10x
Arcus SOL-USD+0.0100%1h116.44+0.024%$913K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h115.85−0.477%$123.9M$22.0M20xas long as short
Gate SOL_USDT+0.0100%8h116.41+0.003%$841.9M$672.1M100xas long as short
MEXC SOL_USDT+0.0100%8h116.33−0.066%$355.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.36−0.043%$126.4M$230.2M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.46+0.046%$23.0M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h115.99−0.354%$24.8M$114.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.07−0.293%$93.2M$407.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.84−0.487%$47.4M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h115.75−0.562%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.23−0.152%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.43+0.020%$320K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h116.45+0.036%$147K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.44+0.032%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.45+0.034%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.44+0.028%$6.1M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.43+0.018%$225.5M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.42+0.011%$45.3M$105.0M50xas long as short
Extended SOL-USD+0.0104%1h116.32−0.078%$8.0M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.46+0.046%$239.3M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0160%1h116.49+0.075%$26.3M$22.0M50xas long as short
Injective SOL/USDC PERP+0.0173%1h115.66−0.642%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.37−0.032%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.40−0.009%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.44+0.028%$51.7M$68.2M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.45+0.035%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h116.48+0.063%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0569%1h116.03−0.326%$25K$55K20xas long as short