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−0.0015%/8h= −1.7% APRnext payment $0.02 per $10,000 · paid last 24h +0.010%
Price spread now: GMX against Lighter+0.084%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)+0.072%+$7 on $10k
Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.084%, 7d avg +0.028%
Together, before fees−0.009%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.057% dearer against Lighter than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.028%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 3 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL118.890.0096pay 0.0012% / 1h30m 42s$14.2M$55.9M25x
ShortGMX SOL/USD [SOL-USDC]118.99L +0.0165% / S −0.0081%get 0.0010% / 1h30m 42s$3.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$3.22
Price spread: +0.084% → +0.028%
$5.66
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$9.56
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 8 min ago; GMX: 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, 8 min ago0.04 bp0.2 bp $01.2 bp −$125.3 bp −$53118.4 bp −$9,222
Sell GMX no order-book sample
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
Bluefin SOL-PERP−0.0126%1h118.98+0.071%$37K$17K25xas long as short
Hotstuff SOL-PERP−0.0080%1h119.04+0.122%$844$8K25xas long as short
Vest SOL-PERP−0.0076%1h118.93+0.034%$608K20xas long as short
Derive SOL-PERP−0.0062%1h118.88−0.012%$2.0M$2.7M13xas long as short
HTX SOL-USDT−0.0035%8h118.92+0.027%$231.4M$44.1M75xas long as short
dYdX SOL-USD−0.0017%1h118.98+0.074%$5.0M$25.7M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.98+0.075%$32.4M$96.5M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.00+0.091%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.05+0.135%$1.2M$20.2M3.1xas long as short
Perpl SOL0.0000%43m119.04+0.128%$158K$3.9M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0032%1h119.04+0.124%$104K$159K20xas long as short
Hibachi SOL/USDT-P+0.0048%1h118.91+0.013%$101K$657K20xas long as short
Phemex SOLUSDT+0.0050%8h119.00+0.091%$46.6M$100.4M50xas long as short
BingX SOL-USDT+0.0080%8h118.90+0.006%$366.4Mas long as short
Orderly PERP_SOL_USDC+0.0081%8h118.97+0.068%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h119.00+0.093%$8.1M$410.7M50xas long as short
Lighter SOLlong+0.0096%1h118.89long leg$14.2M$55.9M25x
Lighter RH SOL+0.0096%1h118.93+0.029%$2.2M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h118.97+0.063%$349K$250K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0096%1h119.02+0.109%$26.7M$24.8M50xas long as short
Paradex SOL-USD-PERP+0.0100%8h118.91+0.012%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.01+0.099%$47K$778K20xas long as short
Nado SOL-PERP+0.0100%1h119.03+0.116%$5.9M$40.9M40xas long as short
Hyperliquid SOL+0.0100%1h119.04+0.124%$721.5M$399.3M20xas long as short
Aster SOLUSDT+0.0100%8h118.95+0.048%$179.2M$176.6M100xas long as short
Pacifica SOL+0.0100%1h118.94+0.040%$12.2M$123.9M20xas long as short
Binance SOLUSDT+0.0100%8h118.90+0.004%$978.9M$3.74B100xas long as short
Bybit SOLUSDT+0.0100%8h118.92+0.027%$823.6M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.90+0.007%$371.0M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.95+0.049%$233K$842K10xas long as short
Arcus SOL-USD+0.0100%1h118.93+0.031%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h118.80−0.077%$134.2M$6.7M20xas long as short
Gate SOL_USDT+0.0100%8h118.95+0.049%$858.8M$665.2M100xas long as short
MEXC SOL_USDT+0.0100%8h118.90+0.007%$429.0M$1.13B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.92+0.025%$138.2M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h118.88−0.012%$493.4M$441.1M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.00+0.091%$24.2M$37.1M50xas long as short
Variational Omni SOL+0.0100%8h118.98+0.071%$27.0M$128.5Mas long as short
edgeX SOLUSDC+0.0100%4h118.94+0.041%$95.5M$404.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.92+0.024%$48.7M$29.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h118.98+0.078%$1.5M$6.1M50xas long as short
StandX SOL-USD+0.0100%1h118.86−0.027%$1.4M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.02+0.108%$357K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h118.97+0.070%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h118.98+0.074%$193K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.96+0.057%$6.3M$10.8M20xas long as short
Extended SOL-USD+0.0104%1h118.93+0.028%$8.6M$35.2M50xas long as short
Phoenix SOL+0.0114%1h119.01+0.099%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.00+0.095%$219.5M500xas long as short
RISEx SOL/USDC+0.0161%1h119.03+0.120%$1.8M$4.6M20xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0165% / S −0.0081%1h118.99+0.084%$3.7M200x
Aftermath Perps SOLUSD+0.0170%1h118.96+0.056%$25K$50K20xas long as short
Injective SOL/USDC PERP+0.0173%1h118.66−0.195%$4K$2K12xas long as short
Reya SOLRUSDPERP+0.0186%1h118.97+0.064%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.96+0.057%$51.9M$77.5M125xas long as short