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% APRpaid last 24h −0.001%
Price spread now: Lighter against edgeX+0.138%79s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$150.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.106%−$11 · spread now +0.138%, 7d avg +0.025%
Together, before fees−0.140%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$14 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 0.113% dearer against edgeX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.025%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOLUSDC115.980.0100pay 0.0050% / 4h20m 03s$93.1M$406.0M75x
ShortLighter SOL116.140.0096get 0.0012% / 1h20m 03s$13.1M$60.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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: +0.138% → +0.025%
$11.3
Slippage, 4 orders
−$5.86
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$4.4
Costs to cover
0.149%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; Lighter: live order book, 14 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 edgeX live order book, 4 min ago2.16 bp6.7 bp −$76.7 bp −$676.9 bp −$68510.0 bp −$5,007
Sell Lighter live order book, 14 min ago0.47 bp0.7 bp −$11.9 bp −$196.3 bp −$62621.2 bp −$10.6K

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%1h116.17+0.166%$32.4M$107.0M100xas long as short
Bybit SOLUSDT−0.0103%8h116.15+0.150%$733.3M$1.43B100xas long as short
Hibachi SOL/USDT-P−0.0096%1h116.06+0.069%$100K$675K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.20+0.189%$1K$8K25xas long as short
Derive SOL-PERP−0.0075%1h116.00+0.019%$1.8M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.331%$4K$2K12xas long as short
Vest SOL-PERP−0.0046%1h116.04+0.056%$756K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.17+0.166%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.13+0.135%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.08+0.088%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.04+0.052%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0022%8h116.16+0.162%$479.3M$456.3M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0030%1h116.18+0.178%$26.3M$21.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.15+0.150%$7.8M$398.9M50xas long as short
Aster SOLUSDT+0.0049%8h116.14+0.141%$177.1M$168.8M100xas long as short
01 Exchange SOLUSD+0.0064%1h116.13+0.132%$100K$181K20xas long as short
SoDEX SOL-USD+0.0065%1h116.13+0.132%$6.1M$11.0M20xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.12+0.125%$1.0M$5.9M100xas long as short
Lighter RH SOL+0.0080%1h116.14+0.145%$2.2M$16.8M25xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.05+0.066%$1.0M$554K50xas long as short
Lighter SOLshort+0.0096%1h116.14+0.138%$13.1M$60.9M25x
Aevo SOL-PERP+0.0096%1h116.12+0.125%$350K$257K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.04+0.055%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.03+0.046%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.23+0.219%$695.9M$408.2M20xas long as short
Pacifica SOL+0.0100%1h116.04+0.055%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.16+0.158%$960.3M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.17+0.167%$365.8M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.98+0.003%$224K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.08+0.086%$922K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.11+0.115%$842.3M$668.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.15+0.150%$370.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.13+0.131%$129.2M$236.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.15+0.149%$374.2Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.15+0.150%$22.8M$35.6M50xas long as short
Variational Omni SOL+0.0100%8h115.97−0.002%$24.8M$107.4Mas long as short
edgeX SOLUSDClong+0.0100%4h115.98long leg$93.1M$406.0M75x
GRVT SOL_USDT_Perp+0.0100%8h116.07+0.081%$47.5M$28.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.07+0.081%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.07+0.081%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.07+0.081%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.08+0.088%$284K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.10+0.107%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.08+0.090%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.97−0.002%$224.6M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.12+0.124%$45.1M$104.3M50xas long as short
Bulk SOL-USD+0.0100%1h116.35+0.322%$125.8M$26.4M20xas long as short
Extended SOL-USD+0.0104%1h116.12+0.128%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.08+0.091%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.17+0.167%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.05+0.061%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.03+0.046%$52.1M$65.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.15+0.149%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0461%1h116.14+0.140%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.13+0.134%$2.1M$4.8M20xas long as short