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+0.0124%/8h= +13.6% APRpaid last 24h +0.037%
Price spread now: BloFin against Lighter RH+0.013%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$150.154% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 3 days (all we have)−0.198%−$20 · spread now +0.013%, 7d avg −0.009%
Together, before fees−0.001%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.021% dearer against Lighter RH than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL119.190.0096pay 0.0012% / 1h48m 36s$2.1M$16.7M25x
ShortBloFin SOL-USDT119.200.0220get 0.0220% / 8h1h 48m$52.1M$86.9M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter RH. 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
$26.04
Price spread: +0.013% → −0.009%
$2.11
Slippage, 4 orders
−$3.35
Fee Lighter RH: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$12.8
Costs to cover
0.154%
Break-even
3.6 days
Slippage from Lighter RH: live order book, 5 min ago; BloFin: live order book, 6 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 RH live order book, 5 min ago1.26 bp1.3 bp −$11.9 bp −$1916.9 bp −$1,691doesn't fit
Sell BloFin live order book, 6 min ago0.42 bp6.4 bp −$66.4 bp −$648.0 bp −$80313.5 bp −$6,749

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
Derive SOL-PERP−0.0094%1h119.05−0.111%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.13−0.045%$845$8K25xas long as short
Vest SOL-PERP−0.0063%1h119.07−0.094%$724K20xas long as short
dYdX SOL-USD−0.0003%1h119.21+0.021%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.14−0.034%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.11−0.059%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.10−0.075%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.12−0.052%$120K$618K20xas long as short
Phoenix SOL+0.0054%1h119.37+0.155%$6.6M$13.6M25xas long as short
Aftermath Perps SOLUSD+0.0056%1h119.23+0.040%$24K$47K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SOL_USDC+0.0065%8h119.16−0.018%$1.1M$5.9M100xas long as short
HTX SOL-USDT+0.0068%8h119.12−0.052%$232.0M$44.5M75xas long as short
BingX SOL-USDT+0.0080%8h119.20+0.014%$373.9Mas long as short
01 Exchange SOLUSD+0.0088%1h119.25+0.055%$104K$153K20xas long as short
Lighter SOL+0.0096%1h119.20+0.009%$13.6M$55.0M25xas long as short
Lighter RH SOLlong+0.0096%1h119.19long leg$2.1M$16.7M25x
Gate SOL_USDT+0.0096%8h119.19+0.004%$868.2M$676.9M100xas long as short
Aevo SOL-PERP+0.0096%1h119.14−0.038%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.14−0.036%$1.0M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.19+0.004%$46K$789K20xas long as short
Nado SOL-PERP+0.0100%1h119.19+0.001%$6.3M$41.8M40xas long as short
Hyperliquid SOL+0.0100%1h119.29+0.088%$719.6M$414.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.20+0.013%$178.4M$176.0M100xas long as short
Pacifica SOL+0.0100%1h119.23+0.042%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.20+0.017%$981.9M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.25+0.053%$823.4M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.20+0.013%$371.6M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.10−0.071%$234K$874K10xas long as short
Arcus SOL-USD+0.0100%1h119.25+0.053%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h119.15−0.028%$133.6M$9.3M20xas long as short
MEXC SOL_USDT+0.0100%8h119.20+0.013%$437.7M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.20+0.015%$140.7M$199.2M75xas long as short
Bitget SOLUSDT+0.0100%8h119.18−0.004%$495.5M$453.9M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.23+0.038%$24.1M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.16−0.017%$27.4M$127.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.18−0.007%$95.7M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.10−0.071%$48.7M$32.5M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.31+0.107%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.15−0.029%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.12−0.055%$365K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.11−0.060%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.13−0.048%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.08−0.091%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.17−0.013%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.17−0.013%$46.5M$102.2M50xas long as short
Extended SOL-USD+0.0104%1h119.15−0.029%$8.7M$36.5M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.22+0.025%$8.2M$414.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.10−0.073%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.19+0.005%$32.8M$94.8M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.14−0.040%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.11−0.063%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.23+0.037%$1.6M$6.0M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0201%1h119.22+0.033%$26.7M$27.6M50xas long as short
Injective SOL/USDC PERP+0.0213%1h119.41+0.189%$4K$2K12xas long as short
BloFin SOL-USDTshort+0.0220%8h119.20+0.013%$52.1M$86.9M125x