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−0.0199%/8h= −21.8% APRnext payment $0.25 per $10,000 · paid last 24h −0.031%
Price spread now: Lighter RH against GMX+0.041%7-day average −0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.130%−$13 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.041%, 7d avg −0.028%
Together, before fees−0.183%+ Points / potential airdropLighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.068% dearer against GMX than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.028%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SOL/USD [SOL-USDC]116.47L +0.0231% / S −0.0169%pay 0.0029% / 1h52m 30s$3.5M200x
ShortLighter RH SOL116.520.0032get 0.0004% / 1h52m 30s$2.2M$16.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against GMX. 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
−$41.88
Price spread: +0.041% → −0.028%
$6.84
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$47.04
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Lighter RH live order book, 1 min ago1.16 bp1.2 bp −$12.1 bp −$2124.9 bp −$2,486doesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0200%1h116.61+0.116%$96K$680K20xas long as short
Kraken Futures PF_SOLUSD−0.0153%1h116.48+0.012%$32.2M$106.1M100xas long as short
Bybit SOLUSDT−0.0113%8h116.57+0.085%$738.1M$1.43B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.52+0.041%$1K$8K25xas long as short
Derive SOL-PERP−0.0061%1h116.39−0.073%$1.9M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.62+0.128%$4K$2K12xas long as short
Vest SOL-PERP−0.0045%1h116.54+0.063%$633K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.48+0.007%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.54+0.059%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.59+0.104%$106K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0004%1h116.58+0.092%$4.3M$23.6M20xas long as short
SoDEX SOL-USD+0.0029%1h116.45−0.018%$6.1M$11.0M20xas long as short
Bitget SOLUSDT+0.0031%8h116.58+0.098%$481.0M$458.3M100xas long as short
Lighter RH SOLshort+0.0032%1h116.52+0.041%$2.2M$16.6M25x
Coinbase International SOL-PERP-INTX+0.0048%1h116.47−0.002%$8.0M$401.2M50xas long as short
01 Exchange SOLUSD+0.0056%1h116.61+0.119%$100K$176K20xas long as short
Aster SOLUSDT+0.0066%8h116.56+0.076%$176.8M$168.7M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0079%1h116.52+0.042%$26.4M$21.7M50xas long as short
Orderly PERP_SOL_USDC+0.0079%8h116.43−0.033%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.53+0.049%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.54+0.062%$13.2M$60.2M25xas long as short
Aevo SOL-PERP+0.0096%1h116.46−0.013%$351K$256K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.55+0.068%$66K$909K20xas long as short
Nado SOL-PERP+0.0100%1h116.58+0.095%$5.3M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h116.71+0.205%$701.7M$406.9M20xas long as short
Pacifica SOL+0.0100%1h116.57+0.086%$15.7M$130.5M20xas long as short
Binance SOLUSDT+0.0100%8h116.58+0.093%$965.6M$3.86B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.60+0.110%$367.2M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.45−0.018%$216K$824K10xas long as short
Arcus SOL-USD+0.0100%1h116.57+0.081%$898K$8.5M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.016%$125.5M$24.9M20xas long as short
Gate SOL_USDT+0.0100%8h116.51+0.033%$851.5M$657.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.50+0.025%$372.8M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.53+0.050%$132.8M$233.1M75xas long as short
BingX SOL-USDC+0.0100%8h116.45−0.015%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.49+0.016%$23.0M$36.7M50xas long as short
Variational Omni SOL+0.0100%8h116.38−0.075%$24.9M$110.4Mas long as short
edgeX SOLUSDC+0.0100%4h116.470.000%$93.5M$405.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.55+0.069%$47.7M$29.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.52+0.038%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.55+0.068%$1.3M$11.8M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.59+0.102%$312K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.59+0.104%$242K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.47−0.002%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.44−0.023%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.51+0.035%$225.6M$50.6M75xas long as short
Phemex SOLUSDT+0.0100%8h116.50+0.025%$45.3M$104.5M50xas long as short
Extended SOL-USD+0.0104%1h116.46−0.007%$8.0M$37.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.53+0.048%$234.0M500xas long as short
Phoenix SOL+0.0130%1h116.59+0.102%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.56+0.078%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.45−0.018%$52.1M$66.5M125xas long as short
GMX SOL/USD [SOL-USDC]longL +0.0231% / S −0.0169%1h116.47long leg$3.5M200x
Aftermath Perps SOLUSD+0.0483%1h116.55+0.066%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.62+0.126%$2.1M$4.8M20xas long as short