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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended+0.029%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$80.078% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days+0.001%$0 · spread now +0.029%, 7d avg +0.055%
Together, before fees−0.050%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$5 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 0.026% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOL-USD117.500.0104pay 0.0013% / 1h0m 04s$8.4M$34.4M50x
ShortLighter SOL117.530.0096get 0.0012% / 1h0m 04s$13.1M$57.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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
−$1.68
Price spread: +0.029% → +0.055%
−$2.64
Slippage, 4 orders
−$2.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.16
Costs to cover
0.078%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 4 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 Extended live order book, 4 min ago0.43 bp2.9 bp −$33.4 bp −$347.0 bp −$703doesn't fit
Sell Lighter live order book, 4 min ago0.30 bp0.6 bp −$11.9 bp −$195.6 bp −$55722.0 bp −$11.0K

SOL on 54 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
Hotstuff SOL-PERP−0.0080%1h117.53+0.026%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h117.57+0.060%$32.5M$98.9M100xas long as short
Bybit SOLUSDT−0.0051%8h117.48−0.015%$736.5M$1.31B100xas long as short
Phemex SOLUSDT−0.0010%8h117.53+0.027%$45.7M$101.6M50xas long as short
Vest SOL-PERP−0.0008%1h117.52+0.022%$288K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.56+0.050%$40K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.51+0.013%$1.3M$17.8M3.1xas long as short
Perpl SOL0.0000%43m117.57+0.065%$100K$2.9M8.3xas long as short
Bitget SOLUSDT+0.0025%8h117.49−0.007%$484.3M$427.7M100xas long as short
Coinbase International SOL-PERP-INTX+0.0040%1h117.57+0.059%$8.2M$386.2M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SOLUSDT+0.0051%8h117.52+0.019%$178.7M$164.3M100xas long as short
Orderly PERP_SOL_USDC+0.0063%8h117.53+0.032%$999K$5.5M100xas long as short
dYdX SOL-USD+0.0072%1h117.52+0.017%$8.2M$20.7M20xas long as short
SoDEX SOL-USD+0.0078%1h117.53+0.027%$6.2M$11.1M20xas long as short
Hibachi SOL/USDT-P+0.0080%1h117.57+0.061%$98K$653K20xas long as short
Lighter SOLshort+0.0096%1h117.53+0.029%$13.1M$57.3M25x
Lighter RH SOL+0.0096%1h117.53+0.027%$2.2M$15.0M25xas long as short
01 Exchange SOLUSD+0.0096%1h117.58+0.070%$102K$182K20xas long as short
Aevo SOL-PERP+0.0096%1h117.53+0.028%$358K$236K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h117.49−0.007%$1.0M$555K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.54+0.036%$44K$838K20xas long as short
Nado SOL-PERP+0.0100%1h117.45−0.039%$5.5M$40.3M40xas long as short
Hyperliquid SOL+0.0100%1h117.65+0.130%$715.3M$386.6M20xas long as short
Pacifica SOL+0.0100%1h117.56+0.049%$15.9M$122.6M20xas long as short
Binance SOLUSDT+0.0100%8h117.49−0.003%$972.7M$3.62B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.47−0.024%$365.1M$1.66B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.49−0.007%$221K$809K10xas long as short
Arcus SOL-USD+0.0100%1h117.55+0.044%$938K$8.2M20xas long as short
Gate SOL_USDT+0.0100%8h117.54+0.036%$856.7M$635.1M100xas long as short
MEXC SOL_USDT+0.0100%8h117.52+0.019%$423.2M$1.09B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.52+0.016%$134.1M$232.2M75xas long as short
BingX SOL-USDC+0.0100%8h117.45−0.043%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.52+0.019%$23.2M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h117.40−0.080%$25.3M$101.8Mas long as short
edgeX SOLUSDC+0.0100%4h117.80+0.253%$94.6M$409.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.73+0.196%$48.2M$26.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.75+0.215%$1.1M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h117.59+0.078%$1.3M$10.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.52+0.019%$323K$2.7M20xas long as short
Bullet SOL-USD+0.0100%1h117.56+0.052%$285K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.52+0.016%$27K$34K25xas long as short
SunX SOL-USDT+0.0100%8h117.53+0.025%$191K$1.6M30xas long as short
HTX SOL-USDT+0.0100%8h117.51+0.008%$227.4M$46.5M75xas long as short
Bulk SOL-USD+0.0100%1h117.65+0.127%$127.3M$25.1M20xas long as short
Extended SOL-USDlong+0.0104%1h117.50long leg$8.4M$34.4M50x
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h117.54+0.038%$214.7M500xas long as short
Phoenix SOL+0.0124%1h117.64+0.121%$6.5M$13.4M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0136%1h117.61+0.097%$26.5M$20.1M50xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34−0.985%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0198%1h117.48−0.016%$1.1M$541K25xas long as short
BloFin SOL-USDT+0.0220%8h117.46−0.032%$51.9M$59.8M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0170%1h117.55+0.041%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0409%1h117.60+0.091%$25K$53K20xas long as short
RISEx SOL/USDC+0.0480%1h117.58+0.069%$2.2M$4.8M20xas long as short