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+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.032%
Price spread now: Reya against Lighter RH−0.083%7-day average −0.004% · you buy dearer than you sell
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)+0.132%+$13 on $10k
Price spread, last 3 days (all we have)+0.349%+$35 · spread now −0.083%, 7d avg −0.004%
Together, before fees+0.481%+ Points / potential airdropLighter RH: Points live · Reya: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.079% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.004%). If the spread goes back, that is −$8 on $10k: about 2.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL118.280.0096pay 0.0012% / 1h1m 24s$2.2M$17.0M25x
ShortReya SOLRUSDPERP118.180.0187get 0.0023% / 1h1m 24s$1.1M$524K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$19.1
Price spread: −0.083% → −0.004%
−$7.86
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$5.23
Costs to cover
0.060%
Break-even
5.1 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Reya: 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, 3 min ago1.01 bp1.0 bp −$12.1 bp −$2122.1 bp −$2,208doesn't fit
Sell Reya no order-book sample
Reya: 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%1h118.27−0.011%$925$8K25xas long as short
Vest SOL-PERP−0.0080%1h118.21−0.060%$608K20xas long as short
HTX SOL-USDT−0.0068%8h118.12−0.138%$229.7M$44.0M75xas long as short
Hibachi SOL/USDT-P−0.0064%1h118.44+0.134%$99K$682K20xas long as short
Derive SOL-PERP−0.0063%1h118.29+0.013%$2.0M$2.7M13xas long as short
dYdX SOL-USD−0.0015%1h118.30+0.017%$4.8M$25.5M20xas long as short
Kraken Futures PF_SOLUSD−0.0014%1h118.17−0.089%$31.9M$97.3M100xas long as short
Gate SOL_USDT−0.0009%8h118.20−0.068%$848.0M$675.9M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.17−0.093%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h118.51+0.192%$1.2M$20.0M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.23−0.041%$126K$3.9M8.3xas long as short
Deribit SOL_USDC-PERPETUAL0.0000%1h118.26−0.017%$26.6M$24.9M50xas long as short
ApeX Omni SOLUSDT+0.0025%1h118.68+0.340%$1.5M$6.1M50xas long as short
01 Exchange SOLUSD+0.0040%1h118.24−0.034%$103K$161K20xas long as short
BingX SOL-USDC+0.0080%8h118.17−0.096%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0083%8h118.15−0.112%$1.0M$5.9M100xas long as short
Coinbase International SOL-PERP-INTX+0.0088%1h118.24−0.032%$8.1M$407.3M50xas long as short
Lighter SOL+0.0096%1h118.27−0.008%$13.2M$58.0M25xas long as short
Lighter RH SOLlong+0.0096%1h118.28long leg$2.2M$17.0M25x
Aevo SOL-PERP+0.0096%1h118.36+0.064%$347K$254K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.23−0.043%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.16−0.101%$44K$797K20xas long as short
Nado SOL-PERP+0.0100%1h118.20−0.071%$5.8M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h118.33+0.042%$723.2M$397.1M20xas long as short
Aster SOLUSDT+0.0100%8h118.20−0.068%$178.8M$177.8M100xas long as short
Pacifica SOL+0.0100%1h118.30+0.020%$12.2M$125.6M20xas long as short
Binance SOLUSDT+0.0100%8h118.15−0.107%$971.9M$3.75B100xas long as short
Bybit SOLUSDT+0.0100%8h118.14−0.118%$821.9M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.12−0.135%$369.5M$1.67B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.24−0.034%$232K$823K10xas long as short
Arcus SOL-USD+0.0100%1h118.26−0.016%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.22−0.051%$427.8M$1.14B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.21−0.058%$136.8M$203.9M75xas long as short
Bitget SOLUSDT+0.0100%8h118.19−0.079%$489.3M$441.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.29+0.008%$23.9M$36.6M50xas long as short
Variational Omni SOL+0.0100%8h119.00+0.611%$24.9M$130.0Mas long as short
edgeX SOLUSDC+0.0100%4h118.77+0.415%$95.4M$401.9M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.04+0.641%$48.7M$29.5M20xas long as short
StandX SOL-USD+0.0100%1h118.46+0.152%$1.3M$13.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.20−0.068%$352K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.17−0.091%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.38+0.084%$37K$17K25xas long as short
SunX SOL-USDT+0.0100%8h118.34+0.052%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.17−0.093%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.30+0.017%$46.3M$99.6M50xas long as short
Bulk SOL-USD+0.0100%1h119.24+0.807%$137.6M$12.7M20xas long as short
Extended SOL-USD+0.0104%1h118.19−0.075%$8.4M$35.5M50xas long as short
Phoenix SOL+0.0114%1h118.33+0.042%$6.5M$13.6M25xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h118.29+0.007%$225.8M500xas long as short
RISEx SOL/USDC+0.0161%1h118.22−0.050%$1.8M$4.5M20xas long as short
Injective SOL/USDC PERP+0.0173%1h119.50+1.031%$4K$2K12xas long as short
Reya SOLRUSDPERPshort+0.0187%1h118.18−0.083%$1.1M$524K25x
BloFin SOL-USDT+0.0220%8h118.42+0.118%$51.9M$73.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.17−0.091%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0250%1h118.86+0.488%$25K$51K20xas long as short