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% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+0.087%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 3 days (all we have)+0.184%+$18 · spread now +0.087%, 7d avg +0.031%
Together, before fees+0.127%+ Points / potential airdropLighter: Season 3 · farm board+$13 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 is 0.057% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SOL-USDT119.400.0100pay 0.0100% / 8h2h 14m$194K$1.9M30x
ShortLighter SOL119.500.0096get 0.0012% / 1h14m 41s$13.6M$55.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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: +0.087% → +0.031%
$5.67
Slippage, 4 orders
−$18.22
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$21.39
Costs to cover
0.262%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Lighter: live order book, 9 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 SunX live order book, 11 min ago1.46 bp7.3 bp −$720.3 bp −$203doesn't fitdoesn't fit
Sell Lighter live order book, 9 min ago0.04 bp0.5 bp −$11.5 bp −$156.5 bp −$65119.7 bp −$9,856

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%1h119.15−0.206%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.42+0.019%$847$8K25xas long as short
Vest SOL-PERP−0.0072%1h119.37−0.019%$724K20xas long as short
Derive SOL-PERP−0.0056%1h119.36−0.033%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0004%1h119.51+0.096%$5.0M$27.1M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.47+0.066%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.47+0.063%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.44+0.037%$179K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h119.49+0.080%$26.8M$27.7M50xas long as short
Aftermath Perps SOLUSD+0.0029%1h119.59+0.163%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0050%8h119.38−0.012%$232.6M$44.7M75xas long as short
Orderly PERP_SOL_USDC+0.0062%8h119.45+0.048%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.66+0.225%$120K$622K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.46+0.054%$105K$152K20xas long as short
BingX SOL-USDT+0.0080%8h119.50+0.090%$374.3Mas long as short
Gate SOL_USDT+0.0090%8h119.50+0.087%$872.3M$687.9M100xas long as short
Lighter SOLshort+0.0096%1h119.50+0.087%$13.6M$55.1M25x
Lighter RH SOL+0.0096%1h119.49+0.077%$2.1M$17.0M25xas long as short
Aevo SOL-PERP+0.0096%1h119.42+0.017%$354K$747K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.46+0.052%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.44+0.037%$49K$784K20xas long as short
Nado SOL-PERP+0.0100%1h119.46+0.054%$6.3M$41.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.60+0.171%$722.1M$414.4M20xas long as short
Aster SOLUSDT+0.0100%8h119.48+0.071%$179.8M$175.9M100xas long as short
Pacifica SOL+0.0100%1h119.53+0.111%$12.4M$115.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.49+0.079%$978.2M$3.78B100xas long as short
Bybit SOLUSDT+0.0100%8h119.52+0.104%$826.6M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.44+0.037%$372.1M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.39−0.005%$235K$872K10xas long as short
Arcus SOL-USD+0.0100%1h119.49+0.076%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.66+0.219%$134.1M$11.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.46+0.054%$428.1M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.49+0.081%$141.1M$197.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.49+0.080%$498.6M$452.7M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.46+0.054%$24.3M$38.1M50xas long as short
Variational Omni SOL+0.0100%8h119.47+0.062%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.69+0.250%$96.1M$402.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.56+0.135%$49.0M$33.3M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.61+0.182%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.48+0.071%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.40+0.004%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.45+0.045%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.47+0.065%$38K$16K25xas long as short
SunX SOL-USDTlong+0.0100%8h119.40long leg$194K$1.9M30x
SoDEX SOL-USD+0.0100%1h119.42+0.020%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.45+0.045%$46.7M$101.7M50xas long as short
Extended SOL-USD+0.0104%1h119.48+0.069%$8.7M$36.8M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.49+0.079%$8.2M$417.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.50+0.086%$221.2M500xas long as short
Phoenix SOL+0.0154%1h119.58+0.154%$6.6M$12.5M25xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0090%1h119.47+0.060%$3.6M200xas long as short
RISEx SOL/USDC+0.0175%1h119.46+0.050%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0180%1h119.38−0.013%$1.1M$560K25xas long as short
BloFin SOL-USDT+0.0220%8h119.41+0.012%$52.0M$86.8M125xas long as short
Kraken Futures PF_SOLUSD+0.0223%1h119.45+0.045%$35.6M$91.2M100xas long as short