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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Ondo Perps+0.024%7-day average −0.007% · you sell dearer than you buy
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+0.347%+$35 · spread now +0.024%, 7d avg −0.007%
Together, before fees+0.313%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$31 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: Lighter RH is 0.031% dearer against Ondo Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P116.200.0100pay 0.0013% / 1h0m 02s$217K$854K10x
ShortLighter RH SOL116.230.0096get 0.0012% / 1h0m 02s$2.1M$16.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Ondo Perps. 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: +0.024% → −0.007%
$3.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$2.75
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 4 min ago. 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 Ondo Perps no order-book sample
Sell Lighter RH live order book, 4 min ago1.33 bp1.3 bp −$11.9 bp −$1916.8 bp −$1,678doesn't fit
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−0.0153%1h116.25+0.042%$32.3M$106.8M100xas long as short
Bybit SOLUSDT−0.0092%8h116.23+0.026%$731.4M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.31+0.096%$1K$8K25xas long as short
Injective SOL/USDC PERP−0.0055%1h116.34+0.120%$4K$2K12xas long as short
Vest SOL-PERP−0.0021%1h116.18−0.020%$649K20xas long as short
Derive SOL-PERP−0.0008%1h116.14−0.056%$1.8M$3.0M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.23+0.029%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.24+0.036%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.21+0.012%$99K$3.5M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h116.27+0.064%$26.2M$21.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0007%1h116.26+0.055%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0024%8h116.23+0.023%$479.8M$455.5M100xas long as short
Hibachi SOL/USDT-P+0.0024%1h116.24+0.037%$102K$678K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.24+0.038%$7.7M$396.8M50xas long as short
Aster SOLUSDT+0.0053%8h116.25+0.043%$176.7M$168.5M100xas long as short
Orderly PERP_SOL_USDC+0.0070%8h116.22+0.022%$1.0M$6.1M100xas long as short
01 Exchange SOLUSD+0.0080%1h116.25+0.043%$100K$181K20xas long as short
Lighter SOL+0.0096%1h116.24+0.037%$13.1M$61.0M25xas long as short
Lighter RH SOLshort+0.0096%1h116.23+0.024%$2.1M$16.8M25x
Aevo SOL-PERP+0.0096%1h116.19−0.006%$350K$256K20xas long as short
Paradex SOL-USD-PERP+0.0096%8h116.23+0.022%$1.0M$554K50xas long as short
Katana Perps SOL-USD+0.0100%8h116.19−0.009%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.19−0.007%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.34+0.120%$695.8M$408.5M20xas long as short
Pacifica SOL+0.0100%1h116.25+0.039%$15.7M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.25+0.044%$962.1M$3.86B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.23+0.026%$366.3M$1.76B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h116.20long leg$217K$854K10x
Arcus SOL-USD+0.0100%1h116.22+0.013%$919K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.043%$125.4M$25.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.21+0.009%$843.5M$672.4M100xas long as short
MEXC SOL_USDT+0.0100%8h116.25+0.043%$370.6M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.24+0.033%$129.3M$236.7M75xas long as short
BingX SOL-USDC+0.0100%8h116.20−0.003%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.26+0.052%$22.9M$35.7M50xas long as short
Variational Omni SOL+0.0100%8h116.15−0.044%$24.8M$107.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.16−0.032%$93.3M$405.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.24+0.034%$47.6M$29.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.19−0.004%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.200.000%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.24+0.034%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.23+0.025%$282K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.22+0.018%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.21+0.008%$189K$1.7M30xas long as short
SoDEX SOL-USD+0.0100%1h116.22+0.017%$6.1M$11.0M20xas long as short
HTX SOL-USDT+0.0100%8h116.17−0.029%$225.0M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.25+0.043%$45.2M$104.1M50xas long as short
Extended SOL-USD+0.0104%1h116.20−0.002%$8.2M$36.6M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.25+0.043%$232.6M500xas long as short
Phoenix SOL+0.0130%1h116.26+0.052%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.15−0.047%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.18−0.017%$52.0M$64.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.23+0.027%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0429%1h116.26+0.054%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.27+0.058%$2.1M$4.7M20xas long as short