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: Lighter RH against SoDEX−0.004%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−$14as in the Price arb table
costs, in and out, $10k−$120.123% 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)+0.149%+$15 · spread now −0.004%, 7d avg +0.016%
Together, before fees+0.150%+ Points / potential airdropLighter RH: Points live · farm board+$15 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 0.020% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SOL-USD116.320.0100pay 0.0013% / 1h0m 50s$6.1M$10.8M20x
ShortLighter RH SOL116.310.0096get 0.0012% / 1h0m 50s$2.2M$16.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SoDEX. 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: −0.004% → +0.016%
−$2.04
Slippage, 4 orders
−$4.3
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$15.18
Costs to cover
0.123%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; Lighter RH: live order book, 3 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 SoDEX live order book, 3 min ago0.43 bp4.4 bp −$44.9 bp −$4917.1 bp −$1,710doesn't fit
Sell Lighter RH live order book, 3 min ago1.72 bp1.7 bp −$22.6 bp −$2621.6 bp −$2,162doesn'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−0.0232%1h116.30−0.017%$105K$705K20xas long as short
Kraken Futures PF_SOLUSD−0.0194%1h116.33+0.012%$31.6M$103.2M100xas long as short
Vest SOL-PERP−0.0113%1h116.28−0.035%$601K20xas long as short
Bybit SOLUSDT−0.0094%8h116.23−0.077%$746.1M$1.40B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.32−0.001%$1K$8K25xas long as short
Derive SOL-PERP−0.0025%1h116.25−0.058%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.320.000%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.32+0.002%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0011%1h116.31−0.009%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.34+0.020%$7.6M$404.6M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h116.35+0.026%$99K$175K20xas long as short
Bullet SOL-USD+0.0069%1h116.30−0.015%$147K$1.6M20xas long as short
Bitget SOLUSDT+0.0085%8h116.25−0.059%$480.5M$448.5M100xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.33+0.006%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.33+0.009%$13.1M$60.7M25xas long as short
Lighter RH SOLshort+0.0096%1h116.31−0.004%$2.2M$16.9M25x
Aevo SOL-PERP+0.0096%1h116.34+0.017%$350K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.28−0.034%$60K$899K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.33+0.009%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.32+0.001%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.38+0.052%$700.3M$395.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.28−0.034%$174.2M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.35+0.024%$15.8M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.30−0.021%$969.8M$3.84B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.29−0.026%$366.6M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.34+0.017%$214K$862K10xas long as short
Arcus SOL-USD+0.0100%1h116.36+0.037%$917K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.27−0.047%$131.6M$15.2M20xas long as short
Gate SOL_USDT+0.0100%8h116.29−0.026%$852.6M$673.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.30−0.017%$375.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.29−0.026%$123.1M$227.0M75xas long as short
BingX SOL-USDT+0.0100%8h116.28−0.030%$365.1Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.320.000%$23.0M$39.9M50xas long as short
Variational Omni SOL+0.0100%8h116.20−0.099%$25.0M$114.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.34+0.021%$93.4M$402.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.43+0.095%$47.6M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.29−0.026%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.33+0.009%$1.3M$11.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.320.000%$320K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.30−0.016%$25K$32K25xas long as short
SunX SOL-USDT+0.0100%8h116.34+0.014%$189K$1.8M30xas long as short
SoDEX SOL-USDlong+0.0100%1h116.32long leg$6.1M$10.8M20x
HTX SOL-USDT+0.0100%8h116.30−0.019%$225.4M$48.3M75xas long as short
Phemex SOLUSDT+0.0100%8h116.34+0.017%$45.3M$103.4M50xas long as short
Extended SOL-USD+0.0104%1h116.26−0.053%$8.3M$37.9M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.50+0.155%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.33+0.006%$236.0M500xas long as short
Phoenix SOL+0.0151%1h116.36+0.034%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0175%1h116.39+0.062%$26.2M$23.1M50xas long as short
Reya SOLRUSDPERP+0.0192%1h116.30−0.014%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.35+0.026%$51.8M$67.1M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0179%1h116.32−0.003%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.33+0.009%$115K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.41+0.074%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0567%1h116.40+0.073%$25K$52K20xas long as short