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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0176%/8h= −19.3% APRnext payment $0.22 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Lighter RH+0.058%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.058% dearer against Lighter RH than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL118.030.0096pay 0.0012% / 1h46m 51s$2.2M$16.7M25x
ShortHotstuff SOL-PERP118.09−0.0080pay 0.0010% / 1h46m 51s$924$8K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$36.96
Price spread: +0.058% → 0.000%
$5.76
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$36.2
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 2 min ago; Hotstuff: 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 RH live order book, 2 min ago1.18 bp1.2 bp −$11.9 bp −$1919.4 bp −$1,941doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
ApeX Omni SOLUSDT−0.0218%1h118.08+0.045%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h118.04+0.012%$92K$706K20xas long as short
Hotstuff SOL-PERPshort−0.0080%1h118.09+0.058%$924$8K25x
Vest SOL-PERP−0.0078%1h118.03+0.002%$610K20xas long as short
HTX SOL-USDT−0.0036%8h117.97−0.047%$229.4M$45.0M75xas long as short
Gate SOL_USDT−0.0024%8h118.06+0.028%$853.6M$653.1M100xas long as short
Derive SOL-PERP−0.0022%1h117.98−0.038%$2.0M$2.7M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.08+0.045%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.09+0.050%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.12+0.077%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.09+0.054%$131K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.09+0.052%$1.8M$4.6M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0019%1h118.05+0.018%$26.4M$25.4M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.04+0.014%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.05+0.022%$8.0M$411.9M50xas long as short
BingX SOL-USDC+0.0080%8h118.05+0.019%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h118.06+0.032%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h118.14+0.096%$103K$162K20xas long as short
Lighter SOL+0.0096%1h118.05+0.019%$13.5M$58.2M25xas long as short
Lighter RH SOLlong+0.0096%1h118.03long leg$2.2M$16.7M25x
Aevo SOL-PERP+0.0096%1h117.98−0.038%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.08+0.048%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.07+0.036%$43K$829K20xas long as short
Nado SOL-PERP+0.0100%1h118.10+0.062%$5.7M$41.5M40xas long as short
Aster SOLUSDT+0.0100%8h118.04+0.013%$177.3M$180.4M100xas long as short
Pacifica SOL+0.0100%1h118.08+0.044%$14.1M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.11+0.070%$978.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.12+0.075%$824.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.08+0.045%$369.3M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.00−0.023%$239K$908K10xas long as short
Arcus SOL-USD+0.0100%1h118.11+0.066%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.07+0.036%$423.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.03−0.002%$133.6M$207.8M75xas long as short
Bitget SOLUSDT+0.0100%8h118.05+0.018%$490.0M$446.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.03+0.003%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.97−0.051%$24.4M$129.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.07+0.037%$94.8M$404.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.16+0.111%$48.4M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h118.10+0.062%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.08+0.045%$360K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.08+0.047%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.10+0.062%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.11+0.067%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.04+0.011%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.07+0.036%$46.0M$101.5M50xas long as short
Bulk SOL-USD+0.0100%1h118.07+0.037%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h118.22+0.164%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.00−0.019%$8.3M$35.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.12+0.083%$228.5M500xas long as short
Hyperliquid SOL+0.0124%1h118.13+0.087%$719.9M$402.4M20xas long as short
Reya SOLRUSDPERP+0.0187%1h118.05+0.022%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04+0.011%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.147%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.07+0.040%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0306%1h118.11+0.071%$25K$51K20xas long as short