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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Lighter+0.007%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs$0as in the Price arb table
costs, in and out, $10k−$60.061% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days−0.037%−$4 · spread now +0.007%, 7d avg −0.054%
Together, before fees−0.001%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board$0 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: Extended is 0.061% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL118.930.0096pay 0.0012% / 1h34m 29s$14.2M$55.8M25x
ShortExtended SOL-USD118.940.0104get 0.0013% / 1h34m 29s$8.6M$35.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.68
Price spread: +0.007% → −0.054%
$6.11
Slippage, 4 orders
−$1.12
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$1.67
Costs to cover
0.061%
Break-even
0.0 days
Slippage from Lighter: live order book, 4 min ago; Extended: live order book, 5 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, 4 min ago0.04 bp0.2 bp $01.2 bp −$125.3 bp −$53118.4 bp −$9,222
Sell Extended live order book, 5 min ago0.42 bp2.9 bp −$32.9 bp −$297.4 bp −$737doesn't fit

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−0.0214%1h118.90−0.031%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h118.96+0.023%$843$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.92−0.011%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.81−0.106%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0040%8h118.80−0.109%$231.5M$44.0M75xas long as short
dYdX SOL-USD−0.0020%1h118.98+0.040%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.88−0.042%$32.4M$96.7M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.00+0.056%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.02+0.074%$1.2M$20.3M3.1xas long as short
Perpl SOL0.0000%43m118.99+0.048%$154K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0040%1h119.02+0.073%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.04+0.091%$102K$656K20xas long as short
Phemex SOLUSDT+0.0065%8h118.88−0.045%$46.6M$100.5M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0077%1h118.94+0.003%$26.6M$24.8M50xas long as short
BingX SOL-USDT+0.0080%8h118.95+0.013%$367.2Mas long as short
Orderly PERP_SOL_USDC+0.0081%8h118.89−0.035%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.91−0.023%$8.1M$411.1M50xas long as short
Lighter SOLlong+0.0096%1h118.93long leg$14.2M$55.8M25x
Lighter RH SOL+0.0096%1h118.95+0.018%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.89−0.033%$348K$248K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.95+0.017%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.98+0.040%$47K$779K20xas long as short
Nado SOL-PERP+0.0100%1h118.98+0.044%$5.8M$40.9M40xas long as short
Aster SOLUSDT+0.0100%8h118.98+0.040%$179.0M$176.8M100xas long as short
Pacifica SOL+0.0100%1h118.99+0.047%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.99+0.048%$979.6M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h119.01+0.065%$824.0M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.99+0.048%$371.1M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.014%$233K$852K10xas long as short
Arcus SOL-USD+0.0100%1h118.97+0.033%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.112%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.94+0.006%$859.6M$664.0M100xas long as short
MEXC SOL_USDT+0.0100%8h119.01+0.065%$428.8M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.00+0.058%$138.3M$202.5M75xas long as short
Bitget SOLUSDT+0.0100%8h118.97+0.030%$493.8M$441.3M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.91−0.019%$24.2M$37.2M50xas long as short
Variational Omni SOL+0.0100%8h119.01+0.062%$27.0M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.90−0.024%$95.5M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.81−0.102%$48.7M$29.6M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.01+0.064%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.86−0.061%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.98+0.040%$359K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.98+0.043%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.94+0.006%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.88−0.045%$6.3M$10.8M20xas long as short
Extended SOL-USDshort+0.0104%1h118.94+0.007%$8.6M$35.2M50x
Hyperliquid SOL+0.0105%1h119.10+0.140%$721.9M$399.1M20xas long as short
Phoenix SOL+0.0114%1h118.97+0.031%$6.6M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.88−0.043%$220.1M500xas long as short
RISEx SOL/USDC+0.0161%1h119.00+0.057%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]L +0.0165% / S −0.0081%1h118.88−0.045%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0172%1h118.93−0.004%$25K$50K20xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.230%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h118.97+0.034%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.85−0.070%$51.7M$77.5M125xas long as short