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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Lighter RH−0.069%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$120.115% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.069%, 7d avg −0.016%
Together, before fees−0.077%+ Points / potential airdropLighter RH: Points live · farm board−$8 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: SoDEX is 0.053% 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 −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL116.330.0096pay 0.0012% / 1h2m 29s$2.2M$16.9M25x
ShortSoDEX SOL-USD116.250.0100get 0.0013% / 1h2m 29s$6.1M$10.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.069% → −0.016%
−$5.27
Slippage, 4 orders
−$3.52
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.95
Costs to cover
0.115%
Break-even
139.9 days
Slippage from Lighter RH: live order book, 6 min ago; SoDEX: 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, 6 min ago1.33 bp1.3 bp −$12.2 bp −$2219.1 bp −$1,908doesn't fit
Sell SoDEX live order book, 2 min ago0.43 bp4.4 bp −$44.7 bp −$4713.2 bp −$1,323doesn'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
Hibachi SOL/USDT-P−0.0224%1h116.50+0.144%$105K$704K20xas long as short
Kraken Futures PF_SOLUSD−0.0194%1h116.26−0.060%$31.6M$103.2M100xas long as short
Vest SOL-PERP−0.0113%1h116.26−0.061%$601K20xas long as short
Bybit SOLUSDT−0.0092%8h116.21−0.103%$746.6M$1.40B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.28−0.043%$1K$8K25xas long as short
Derive SOL-PERP−0.0025%1h116.17−0.137%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.27−0.048%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.27−0.047%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0011%1h116.31−0.018%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.27−0.050%$7.6M$404.3M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h116.31−0.017%$99K$175K20xas long as short
Bullet SOL-USD+0.0069%1h116.27−0.052%$146K$1.6M20xas long as short
Bitget SOLUSDT+0.0085%8h116.28−0.044%$480.6M$448.2M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.24−0.079%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.34+0.013%$13.1M$60.6M25xas long as short
Lighter RH SOLlong+0.0096%1h116.33long leg$2.2M$16.9M25x
Aevo SOL-PERP+0.0096%1h116.25−0.068%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.24−0.077%$60K$899K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.35+0.019%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.28−0.039%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.39+0.052%$700.4M$395.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.28−0.043%$174.2M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.35+0.020%$15.8M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.27−0.049%$969.6M$3.83B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.29−0.034%$366.6M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.30−0.026%$218K$860K10xas long as short
Arcus SOL-USD+0.0100%1h116.34+0.011%$923K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.27−0.055%$131.6M$15.2M20xas long as short
Gate SOL_USDT+0.0100%8h116.34+0.009%$858.1M$672.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.30−0.026%$373.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.30−0.028%$122.9M$226.8M75xas long as short
BingX SOL-USDC+0.0100%8h116.25−0.070%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.26−0.060%$23.0M$40.0M50xas long as short
Variational Omni SOL+0.0100%8h116.35+0.021%$25.1M$114.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.43+0.088%$93.5M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.43+0.086%$47.6M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.50+0.149%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.48+0.129%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.28−0.043%$320K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.19−0.121%$25K$32K25xas long as short
SunX SOL-USDT+0.0100%8h116.26−0.064%$189K$1.8M30xas long as short
SoDEX SOL-USDshort+0.0100%1h116.25−0.069%$6.1M$10.8M20x
HTX SOL-USDT+0.0100%8h116.22−0.099%$225.1M$48.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.26−0.060%$45.3M$103.3M50xas long as short
Extended SOL-USD+0.0104%1h116.25−0.073%$8.3M$37.9M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.50+0.146%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.44+0.095%$235.8M500xas long as short
Phoenix SOL+0.0151%1h116.57+0.206%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0170%1h116.30−0.024%$26.2M$23.1M50xas long as short
Reya SOLRUSDPERP+0.0192%1h116.27−0.055%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.24−0.077%$51.8M$67.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0179%1h116.28−0.045%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.29−0.035%$116K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.37+0.034%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0564%1h116.43+0.083%$25K$52K20xas long as short