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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Binance against Lighter−0.019%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$130.133% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 7 days+0.017%+$2 · spread now −0.019%, 7d avg −0.001%
Together, before fees−0.004%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL119.140.0096pay 0.0012% / 1h25m 41s$13.6M$55.8M25x
ShortBinance SOLUSDT119.120.0100get 0.0100% / 8h1h 25m$985.0M$3.81B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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: −0.019% → −0.001%
−$1.86
Slippage, 4 orders
−$3.29
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$14.31
Costs to cover
0.133%
Break-even
126.2 days
Slippage from Lighter: live order book, 8 min ago; Binance: live order book, 3 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 Lighter live order book, 8 min ago0.80 bp1.1 bp −$12.0 bp −$207.5 bp −$75221.4 bp −$10.7K
Sell Binance live order book, 3 min ago0.42 bp5.4 bp −$55.4 bp −$549.4 bp −$94119.6 bp −$9,789

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−0.0117%1h118.34−0.672%$37K$17K25xas long as short
Derive SOL-PERP−0.0086%1h119.14−0.001%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.26+0.101%$846$8K25xas long as short
Vest SOL-PERP−0.0061%1h119.19+0.040%$722K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0005% / S +0.0004%1h119.25+0.092%$106K150xas long as short
dYdX SOL-USD−0.0001%1h119.13−0.005%$4.9M$27.2M20xas long as short
Kalshi KXSOLPERP0.0000%8h119.20+0.050%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.26+0.100%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0032%1h119.27+0.113%$119K$611K20xas long as short
Phoenix SOL+0.0054%1h119.24+0.085%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0067%8h119.23+0.079%$1.1M$5.9M100xas long as short
Aftermath Perps SOLUSD+0.0079%1h119.30+0.139%$24K$47K20xas long as short
01 Exchange SOLUSD+0.0080%1h119.24+0.085%$104K$154K20xas long as short
BingX SOL-USDT+0.0080%8h119.19+0.041%$374.5Mas long as short
HTX SOL-USDT+0.0083%8h119.04−0.084%$231.8M$45.0M75xas long as short
Gate SOL_USDT+0.0088%8h119.11−0.024%$869.6M$684.0M100xas long as short
Lighter SOLlong+0.0096%1h119.14long leg$13.6M$55.8M25x
Lighter RH SOL+0.0096%1h119.10−0.034%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16+0.014%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h119.07−0.060%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.15+0.009%$47K$796K20xas long as short
Nado SOL-PERP+0.0100%1h119.21+0.060%$6.2M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h119.22+0.068%$718.0M$417.9M20xas long as short
Aster SOLUSDT+0.0100%8h119.15+0.006%$178.3M$176.5M100xas long as short
Pacifica SOL+0.0100%1h119.15+0.011%$12.3M$117.8M20xas long as short
Binance SOLUSDTshort+0.0100%8h119.12−0.019%$985.0M$3.81B100x
Bybit SOLUSDT+0.0100%8h119.15+0.009%$823.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.17+0.026%$370.9M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.31+0.144%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.25+0.091%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.16+0.014%$133.7M$8.0M20xas long as short
MEXC SOL_USDT+0.0100%8h119.12−0.016%$452.0M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.13−0.012%$140.3M$201.9M75xas long as short
Bitget SOLUSDT+0.0100%8h119.18+0.034%$495.3M$455.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.11−0.024%$24.1M$38.5M50xas long as short
Variational Omni SOL+0.0100%8h119.26+0.102%$27.9M$128.1Mas long as short
edgeX SOLUSDC+0.0100%4h119.21+0.060%$95.7M$400.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.31+0.141%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.25+0.096%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.28+0.118%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.23+0.076%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.23+0.075%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.24+0.082%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.12−0.016%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.14+0.001%$46.5M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.17+0.029%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.17+0.023%$8.2M$415.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.28+0.115%$223.3M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0124%1h119.25+0.096%$26.7M$27.6M50xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.12−0.013%$32.6M$95.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0085%1h119.25+0.092%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.22+0.065%$1.1M$557K25xas long as short
RISEx SOL/USDC+0.0192%1h119.25+0.089%$1.7M$6.0M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.202%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.28+0.118%$52.3M$82.8M125xas long as short