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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.035%
Price spread now: Bluefin against Lighter+0.027%7-day average · 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 7 days−0.590%−$59 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bluefin is 0.027% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL116.640.0096pay 0.0012% / 1h45m 11s$13.1M$60.4M25x
ShortBluefin SOL-PERP116.670.0100get 0.0013% / 1h45m 11s$27K$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin 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: +0.027% → 0.000%
$2.74
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$3.42
Costs to cover
0.070%
Break-even
35.5 days
Slippage unknown: Lighter: live order book, 4 min ago; Bluefin: no order-book sample. 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 Lighter live order book, 4 min ago0.34 bp0.3 bp $01.2 bp −$126.0 bp −$60422.6 bp −$11.3K
Sell Bluefin no order-book sample
Bluefin: 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−0.0112%1h116.39−0.216%$97K$687K20xas long as short
Bybit SOLUSDT−0.0111%8h116.57−0.062%$741.9M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.43−0.179%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.68+0.028%$32.6M$104.7M100xas long as short
Derive SOL-PERP−0.0053%1h116.60−0.038%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0011%1h116.52−0.103%$628K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.67+0.024%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.46−0.159%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.63−0.012%$113K$3.6M8.3xas long as short
dYdX SOL-USD+0.0014%1h116.42−0.190%$4.3M$23.8M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0040%1h116.63−0.013%$2.2M$16.8M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.41−0.199%$100K$176K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.66+0.018%$8.2M$405.6M50xas long as short
Bitget SOLUSDT+0.0050%8h116.62−0.022%$480.3M$463.0M100xas long as short
SoDEX SOL-USD+0.0066%1h116.64−0.002%$6.1M$10.9M20xas long as short
Orderly PERP_SOL_USDC+0.0090%8h116.64+0.002%$1.0M$6.0M100xas long as short
Aster SOLUSDT+0.0090%8h116.60−0.036%$175.8M$176.3M100xas long as short
Lighter SOLlong+0.0096%1h116.64long leg$13.1M$60.4M25x
Aevo SOL-PERP+0.0096%1h116.65+0.006%$349K$249K20xas long as short
Paradex SOL-USD-PERP+0.0097%8h116.39−0.215%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.37−0.233%$64K$908K20xas long as short
Nado SOL-PERP+0.0100%1h116.51−0.115%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h116.73+0.075%$698.4M$410.2M20xas long as short
Pacifica SOL+0.0100%1h116.42−0.192%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.62−0.015%$968.9M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.61−0.027%$370.9M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.51−0.113%$217K$886K10xas long as short
Arcus SOL-USD+0.0100%1h116.41−0.202%$903K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.55−0.079%$125.4M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.64−0.002%$845.4M$665.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.65+0.007%$361.0M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.64−0.005%$129.1M$232.3M75xas long as short
BingX SOL-USDC+0.0100%8h116.58−0.050%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.65+0.007%$23.1M$38.0M50xas long as short
Variational Omni SOL+0.0100%8h116.33−0.264%$24.8M$112.3Mas long as short
edgeX SOLUSDC+0.0100%4h116.46−0.159%$93.5M$411.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.44−0.174%$47.7M$31.1M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.51−0.113%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.44−0.173%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.59−0.045%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.66+0.016%$234K$1.7M20xas long as short
Bluefin SOL-PERPshort+0.0100%1h116.67+0.027%$27K$36K25x
SunX SOL-USDT+0.0100%8h116.38−0.229%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.62−0.022%$225.8M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.65+0.007%$45.4M$105.7M50xas long as short
Extended SOL-USD+0.0104%1h116.62−0.022%$8.0M$39.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.43−0.181%$235.7M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0139%1h116.72+0.070%$26.4M$21.9M50xas long as short
Injective SOL/USDC PERP+0.0176%1h116.50−0.122%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.66+0.015%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.57−0.061%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.65+0.007%$52.4M$68.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.67+0.024%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.47−0.148%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0492%1h116.61−0.027%$25K$56K20xas long as short