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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter against Jupiter Perps−0.204%7-day average +0.015% · you buy dearer than you sell
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)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.204%, 7d avg +0.015%
Together, before fees+0.255%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.219% cheaper against Jupiter Perps than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongJupiter Perps SOL-PERP116.16L +0.0120% / S +0.0048%pay 0.0015% / 1h34m 30s$239.1M500x
ShortLighter SOL115.920.0096get 0.0012% / 1h34m 30s$12.9M$60.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Jupiter Perps. 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
−$5.04
Price spread: −0.204% → +0.015%
−$21.87
Slippage, 4 orders
no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$38.91
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Jupiter Perps: no order-book sample; Lighter: live order book, 4 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 Jupiter Perps no order-book sample
Sell Lighter live order book, 4 min ago0.52 bp0.5 bp −$11.0 bp −$104.6 bp −$46424.5 bp −$12.2K
Jupiter Perps: 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
Kraken Futures PF_SOLUSD−0.0240%1h116.18+0.024%$31.8M$103.8M100xas long as short
Hibachi SOL/USDT-P−0.0216%1h116.01−0.127%$104K$706K20xas long as short
Derive SOL-PERP−0.0125%1h116.09−0.055%$1.9M$2.9M13xas long as short
Bybit SOLUSDT−0.0116%8h115.86−0.254%$739.9M$1.42B100xas long as short
BingX SOL-USDT−0.0115%8h115.91−0.213%$368.6Mas long as short
Vest SOL-PERP−0.0106%1h115.94−0.186%$625K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.15−0.003%$1K$8K25xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.17+0.015%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.19+0.028%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.18+0.019%$113K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0008%1h115.93−0.194%$99K$176K20xas long as short
dYdX SOL-USD+0.0015%1h115.95−0.174%$4.3M$24.6M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.18+0.021%$7.8M$405.2M50xas long as short
Bitget SOLUSDT+0.0070%8h115.89−0.230%$479.9M$454.5M100xas long as short
Bullet SOL-USD+0.0078%1h116.17+0.009%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0095%8h116.20+0.040%$1.0M$5.9M100xas long as short
Lighter SOLshort+0.0096%1h115.92−0.204%$12.9M$60.8M25x
Lighter RH SOL+0.0096%1h115.91−0.209%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.18+0.022%$349K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h115.88−0.237%$64K$906K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h115.94−0.183%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h115.92−0.204%$5.2M$40.7M40xas long as short
Hyperliquid SOL+0.0100%1h116.01−0.122%$687.4M$398.9M20xas long as short
Aster SOLUSDT+0.0100%8h115.92−0.201%$174.0M$183.9M100xas long as short
Pacifica SOL+0.0100%1h115.96−0.172%$15.6M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h115.90−0.219%$962.5M$3.88B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h115.88−0.237%$361.1M$1.73B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h115.93−0.194%$216K$872K10xas long as short
Arcus SOL-USD+0.0100%1h115.95−0.173%$916K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.24+0.071%$130.1M$16.3M20xas long as short
Gate SOL_USDT+0.0100%8h115.91−0.211%$839.0M$666.0M100xas long as short
MEXC SOL_USDT+0.0100%8h115.93−0.194%$357.5M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h115.90−0.219%$123.7M$229.0M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.12−0.030%$22.9M$40.4M50xas long as short
Variational Omni SOL+0.0100%8h116.00−0.136%$24.8M$114.4Mas long as short
edgeX SOLUSDC+0.0100%4h115.94−0.183%$93.1M$405.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h115.99−0.142%$47.5M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.00−0.134%$1.1M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.14−0.013%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.14−0.013%$319K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.17+0.009%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.18+0.025%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.18+0.022%$6.0M$10.9M20xas long as short
HTX SOL-USDT+0.0100%8h116.14−0.010%$225.0M$50.0M75xas long as short
Phemex SOLUSDT+0.0100%8h116.15−0.004%$45.2M$104.3M50xas long as short
Extended SOL-USD+0.0104%1h115.86−0.255%$7.9M$38.9M50xas long as short
Jupiter Perps SOL-PERPlongL +0.0120% / S +0.0048%1h116.16long leg$239.1M500x
Deribit SOL_USDC-PERPETUAL+0.0123%1h116.24+0.073%$26.3M$22.0M50xas long as short
Injective SOL/USDC PERP+0.0173%1h116.55+0.340%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.11−0.039%$6.4M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.14−0.015%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.16+0.004%$52.0M$68.0M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.17+0.013%$3.5M200xas long as short
RISEx SOL/USDC+0.0547%1h115.98−0.154%$2.0M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0600%1h116.15−0.005%$25K$52K20xas long as short