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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Pacifica−0.062%7-day average −0.011% · 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−$16as in the Price arb table
costs, in and out, $10k−$110.114% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.062%, 7d avg −0.011%
Together, before fees+0.123%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$12 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 0.051% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL118.820.0100pay 0.0013% / 1h38m 23s$12.4M$114.1M20x
ShortLighter RH SOL118.740.0096get 0.0012% / 1h38m 23s$2.0M$16.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Pacifica. 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: −0.062% → −0.011%
−$5.08
Slippage, 4 orders
−$3.4
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$17.31
Costs to cover
0.114%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; Lighter RH: live order book, 6 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 Pacifica live order book, 1 min ago0.42 bp4.4 bp −$45.6 bp −$56doesn't fitdoesn't fit
Sell Lighter RH live order book, 6 min ago1.14 bp1.1 bp −$11.7 bp −$1718.2 bp −$1,816doesn'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
Injective SOL/USDC PERP−0.0151%1h118.89+0.061%$4K$2K12xas long as short
Derive SOL-PERP−0.0104%1h118.61−0.171%$2.0M$3.2M13xas long as short
Vest SOL-PERP−0.0081%1h118.77−0.038%$724K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.72−0.080%$842$8K25xas long as short
Aftermath Perps SOLUSD−0.0033%1h118.83+0.010%$24K$47K20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.93+0.095%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.70−0.098%$1.2M$20.8M3.1xas long as short
Perpl SOL0.0000%43m118.86+0.035%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h118.73−0.070%$26.6M$27.7M50xas long as short
dYdX SOL-USD0.0000%1h118.81−0.006%$4.8M$26.9M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SOLUSDT+0.0042%1h118.74−0.065%$1.5M$6.2M50xas long as short
Orderly PERP_SOL_USDC+0.0060%8h118.94+0.102%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0068%8h118.58−0.196%$231.0M$43.6M75xas long as short
BingX SOL-USDT+0.0070%8h118.89+0.062%$371.1Mas long as short
01 Exchange SOLUSD+0.0072%1h118.89+0.061%$105K$151K20xas long as short
Gate SOL_USDT+0.0083%8h118.83+0.010%$858.1M$678.7M100xas long as short
Hibachi SOL/USDT-P+0.0088%1h118.79−0.021%$123K$606K20xas long as short
Lighter SOL+0.0096%1h118.75−0.054%$13.4M$53.5M25xas long as short
Lighter RH SOLshort+0.0096%1h118.74−0.062%$2.0M$16.7M25x
Aevo SOL-PERP+0.0096%1h118.93+0.094%$353K$741K20xas long as short
KuCoin SOLUSDTM+0.0098%8h118.89+0.059%$143.4M$196.6M75xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.79−0.027%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.84+0.019%$45K$780K20xas long as short
Nado SOL-PERP+0.0100%1h118.74−0.062%$5.5M$40.6M40xas long as short
Hyperliquid SOL+0.0100%1h118.94+0.103%$717.1M$412.7M20xas long as short
Aster SOLUSDT+0.0100%8h118.84+0.017%$179.0M$174.4M100xas long as short
Pacifica SOLlong+0.0100%1h118.82long leg$12.4M$114.1M20x
Binance SOLUSDT+0.0100%8h118.91+0.078%$972.2M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.93+0.097%$822.5M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.90+0.069%$369.7M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.76−0.048%$233K$861K10xas long as short
Arcus SOL-USD+0.0100%1h118.87+0.041%$1.9M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.88+0.053%$467.6M$1.08B300xas long as short
Bitget SOLUSDT+0.0100%8h118.86+0.032%$496.3M$448.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.68−0.116%$24.2M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h118.76−0.052%$27.4M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h118.71−0.089%$95.3M$397.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.74−0.063%$48.6M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h118.80−0.015%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.86+0.036%$364K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.89+0.061%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.91+0.077%$37K$15K25xas long as short
SunX SOL-USDT+0.0100%8h118.67−0.122%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h118.64−0.149%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.64−0.149%$46.3M$99.9M50xas long as short
Bulk SOL-USD+0.0100%1h118.71−0.091%$133.1M$11.8M20xas long as short
Extended SOL-USD+0.0104%1h118.90+0.073%$8.6M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h118.68−0.117%$8.1M$413.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.83+0.011%$217.2M500xas long as short
Phoenix SOL+0.0154%1h118.79−0.023%$6.7M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0091%1h118.93+0.095%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h118.89+0.062%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h118.86+0.037%$1.1M$557K25xas long as short
BloFin SOL-USDT+0.0220%8h118.63−0.158%$51.6M$86.7M125xas long as short
Kraken Futures PF_SOLUSD+0.0224%1h118.66−0.129%$36.0M$89.7M100xas long as short