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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.009%
Price spread now: Lighter RH against BingX+0.017%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$150.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 7 days+0.018%+$2 · spread now +0.017%, 7d avg +0.052%
Together, before fees+0.053%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.035% cheaper against BingX than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.052%). If the spread goes back, that is −$3 on $10k: about 7.3 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SOL-USDC118.920.0080pay 0.0080% / 8h7h 32m$10.5M
ShortLighter RH SOL118.940.0096get 0.0012% / 1h32m 01s$2.2M$16.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against BingX. 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
$3.36
Price spread: +0.017% → +0.052%
−$3.48
Slippage, 4 orders
−$5.28
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$15.4
Costs to cover
0.153%
Break-even
39.1 days
Slippage from BingX: live order book, 6 min ago; Lighter RH: 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 BingX live order book, 6 min ago0.34 bp6.4 bp −$69.5 bp −$9514.3 bp −$1,43129.8 bp −$14.9K
Sell Lighter RH live order book, 2 min ago1.35 bp1.3 bp −$12.3 bp −$2321.5 bp −$2,152doesn'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
Bluefin SOL-PERP−0.0146%1h118.91−0.007%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h118.87−0.040%$843$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.81−0.092%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.84−0.066%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0042%8h118.81−0.092%$231.2M$43.9M75xas long as short
dYdX SOL-USD−0.0019%1h118.92−0.002%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.98+0.050%$32.4M$96.5M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.93+0.006%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.87−0.045%$1.2M$20.2M3.1xas long as short
Perpl SOL0.0000%43m118.79−0.106%$158K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h118.83−0.076%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0056%1h119.00+0.068%$101K$656K20xas long as short
Phemex SOLUSDT+0.0069%8h118.920.000%$46.6M$100.5M50xas long as short
BingX SOL-USDClong+0.0080%8h118.92long leg$10.5M
Orderly PERP_SOL_USDC+0.0081%8h118.94+0.015%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.98+0.051%$8.0M$410.7M50xas long as short
Lighter SOL+0.0096%1h118.94+0.019%$14.2M$55.9M25xas long as short
Lighter RH SOLshort+0.0096%1h118.94+0.017%$2.2M$16.8M25x
Aevo SOL-PERP+0.0096%1h118.94+0.018%$349K$248K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.81−0.092%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.80−0.101%$47K$778K20xas long as short
Nado SOL-PERP+0.0100%1h118.78−0.118%$5.9M$40.9M40xas long as short
Aster SOLUSDT+0.0100%8h118.98+0.053%$179.3M$176.6M100xas long as short
Pacifica SOL+0.0100%1h118.89−0.027%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h119.06+0.118%$980.2M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h119.10+0.151%$824.9M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.07+0.126%$371.5M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.025%$233K$842K10xas long as short
Arcus SOL-USD+0.0100%1h118.81−0.089%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.101%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.97+0.042%$859.0M$664.7M100xas long as short
MEXC SOL_USDT+0.0100%8h119.05+0.109%$428.7M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.07+0.129%$138.3M$202.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.05+0.108%$494.1M$441.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00+0.067%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.073%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.94+0.018%$95.5M$404.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.920.000%$48.7M$29.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.01+0.075%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.97+0.042%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.89−0.025%$357K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.90−0.014%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.82−0.084%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.95+0.025%$6.3M$10.8M20xas long as short
Hyperliquid SOL+0.0100%1h119.07+0.126%$721.7M$399.2M20xas long as short
Extended SOL-USD+0.0104%1h119.04+0.097%$8.6M$35.2M50xas long as short
Phoenix SOL+0.0114%1h119.01+0.076%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.86−0.052%$219.8M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0132%1h119.01+0.077%$26.7M$24.8M50xas long as short
RISEx SOL/USDC+0.0161%1h118.79−0.109%$1.8M$4.6M20xas long as short
Aftermath Perps SOLUSD+0.0164%1h118.93+0.008%$25K$50K20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.92−0.001%$3.7M200xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.219%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h118.86−0.048%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.90−0.017%$51.9M$77.5M125xas long as short