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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Lighter+0.117%7-day average −0.003% · 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+0.052%+$5 on $10k
Price spread, last 7 days−0.286%−$29 · spread now +0.117%, 7d avg −0.003%
Together, before fees−0.233%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$23 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: Ondo Perps is 0.120% dearer against Lighter than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL117.070.0096pay 0.0012% / 1h6m 05s$13.1M$60.2M25x
ShortOndo Perps SOL-USD.P117.210.0100get 0.0013% / 1h6m 05s$234K$849K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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: +0.117% → −0.003%
$12.01
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$7.85
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Lighter: live order book, 8 min ago; Ondo Perps: 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 ago0.51 bp1.3 bp −$12.3 bp −$236.3 bp −$62720.2 bp −$10.1K
Sell Ondo Perps no order-book sample
Ondo 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
Hotstuff SOL-PERP−0.0080%1h117.25+0.149%$917$8K25xas long as short
Vest SOL-PERP−0.0073%1h117.23+0.131%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.07−0.002%$31.4M$98.7M100xas long as short
Bluefin SOL-PERP−0.0037%1h117.09+0.018%$25K$28K25xas long as short
Derive SOL-PERP−0.0010%1h117.03−0.041%$1.9M$2.8M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.19+0.099%$57K150xas long as short
dYdX SOL-USD0.0000%1h117.29+0.182%$4.5M$24.1M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0014%1h117.11+0.033%$26.4M$25.0M50xas long as short
Hibachi SOL/USDT-P+0.0032%1h117.51+0.370%$104K$695K20xas long as short
01 Exchange SOLUSD+0.0064%1h117.23+0.134%$100K$166K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.06−0.009%$7.8M$402.0M50xas long as short
Orderly PERP_SOL_USDC+0.0090%8h117.11+0.033%$1.0M$5.8M100xas long as short
Lighter SOLlong+0.0096%1h117.07long leg$13.1M$60.2M25x
Lighter RH SOL+0.0096%1h117.00−0.058%$2.3M$16.5M25xas long as short
Aevo SOL-PERP+0.0096%1h117.07+0.001%$343K$226K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.22+0.126%$56K$840K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.29+0.188%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.23+0.136%$5.8M$38.9M40xas long as short
Aster SOLUSDT+0.0100%8h117.03−0.036%$176.1M$181.1M100xas long as short
Pacifica SOL+0.0100%1h117.29+0.187%$14.5M$128.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.96−0.097%$963.7M$3.72B100xas long as short
Bybit SOLUSDT+0.0100%8h116.91−0.144%$816.3M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.92−0.131%$364.3M$1.63B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h117.21+0.117%$234K$849K10x
Arcus SOL-USD+0.0100%1h117.27+0.165%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.96+0.761%$136.3M$17.1M20xas long as short
Gate SOL_USDT+0.0100%8h117.04−0.028%$853.3M$656.1M100xas long as short
MEXC SOL_USDT+0.0100%8h117.00−0.062%$420.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.08+0.005%$130.1M$212.9M75xas long as short
Bitget SOLUSDT+0.0100%8h116.98−0.083%$484.5M$432.8M100xas long as short
BingX SOL-USDT+0.0100%8h116.98−0.077%$363.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.99−0.071%$23.5M$37.4M50xas long as short
Variational Omni SOL+0.0100%8h117.16+0.076%$24.7M$115.3Mas long as short
edgeX SOLUSDC+0.0100%4h117.75+0.581%$94.6M$391.7M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.66+0.502%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.69+0.527%$1.7M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.50+0.365%$1.3M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.22+0.126%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.23+0.136%$199K$1.6M20xas long as short
SunX SOL-USDT+0.0100%8h117.10+0.026%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.07−0.003%$6.2M$10.7M20xas long as short
HTX SOL-USDT+0.0100%8h117.05−0.019%$227.3M$45.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.09+0.015%$45.8M$100.6M50xas long as short
Kalshi KXSOLPERP+0.0102%8h117.35+0.234%$1.4M$18.5M3.1xas long as short
Extended SOL-USD+0.0104%1h117.01−0.056%$8.2M$36.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.29+0.184%$215.4M500xas long as short
Phoenix SOL+0.0129%1h117.99+0.783%$6.5M$13.4M25xas long as short
RISEx SOL/USDC+0.0136%1h117.29+0.187%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0165%1h117.10+0.023%$715.7M$388.5M20xas long as short
Reya SOLRUSDPERP+0.0190%1h117.20+0.112%$1.1M$537K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.56+0.416%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h117.45+0.322%$51.7M$71.4M125xas long as short
Perpl SOL+0.0223%43m117.25+0.154%$131K$3.7M8.3xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.22+0.126%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0411%1h117.68+0.515%$25K$50K20xas long as short