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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Lighter RH+0.004%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$100.101% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.004%, 7d avg −0.018%
Together, before fees−0.081%+ Points / potential airdropLighter RH: Points live · farm board−$8 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: SoDEX is 0.022% dearer against Lighter RH than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL116.980.0096pay 0.0012% / 1h4m 02s$2.2M$17.0M25x
ShortSoDEX SOL-USD116.990.0100get 0.0013% / 1h4m 02s$6.2M$10.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0.84
Price spread: +0.004% → −0.018%
$2.21
Slippage, 4 orders
−$2.14
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$7.09
Costs to cover
0.101%
Break-even
66.1 days
Slippage from Lighter RH: live order book, 5 min ago; SoDEX: live order book, 5 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 ago0.64 bp0.6 bp −$11.0 bp −$1026.9 bp −$2,687doesn't fit
Sell SoDEX live order book, 5 min ago0.43 bp4.4 bp −$44.7 bp −$4715.6 bp −$1,560doesn't fit

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
Kraken Futures PF_SOLUSD−0.0239%1h117.01+0.021%$33.0M$104.1M100xas long as short
BingX SOL-USDC−0.0104%8h116.97−0.013%$10.7Mas long as short
Bybit SOLUSDT−0.0104%8h116.96−0.018%$742.0M$1.44B100xas long as short
Hibachi SOL/USDT-P−0.0088%1h117.12+0.119%$104K$688K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.11+0.107%$1K$8K25xas long as short
Vest SOL-PERP−0.0034%1h117.04+0.049%$625K20xas long as short
Derive SOL-PERP−0.0010%1h116.97−0.016%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.06+0.064%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h117.11+0.108%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m117.09+0.093%$111K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0008%1h117.10+0.097%$4.4M$23.8M20xas long as short
01 Exchange SOLUSD+0.0032%1h117.09+0.090%$101K$179K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h117.02+0.032%$7.9M$407.8M50xas long as short
Bitget SOLUSDT+0.0061%8h116.96−0.018%$482.1M$461.9M100xas long as short
Orderly PERP_SOL_USDC+0.0095%8h117.06+0.062%$1.0M$6.0M100xas long as short
Lighter SOL+0.0096%1h117.00+0.013%$13.1M$61.8M25xas long as short
Lighter RH SOLlong+0.0096%1h116.98long leg$2.2M$17.0M25x
Aevo SOL-PERP+0.0096%1h117.01+0.024%$352K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h117.03+0.038%$62K$911K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.07+0.070%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h117.05+0.054%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h117.11+0.107%$701.8M$408.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.99+0.001%$176.3M$177.0M100xas long as short
Pacifica SOL+0.0100%1h117.11+0.105%$15.8M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.98−0.004%$973.1M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.99+0.004%$372.6M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.02+0.030%$218K$883K10xas long as short
Arcus SOL-USD+0.0100%1h117.08+0.080%$910K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.95−0.030%$125.5M$23.3M20xas long as short
Gate SOL_USDT+0.0100%8h116.99+0.004%$846.7M$676.9M100xas long as short
MEXC SOL_USDT+0.0100%8h117.00+0.013%$363.9M$1.09B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.99+0.005%$128.8M$231.4M75xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.01+0.021%$23.2M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h117.05+0.059%$24.8M$113.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.99+0.007%$93.9M$410.6M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.02+0.030%$47.9M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.06+0.062%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h117.06+0.064%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.05+0.056%$316K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h117.05+0.059%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.04+0.050%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h117.06+0.061%$190K$1.8M30xas long as short
SoDEX SOL-USDshort+0.0100%1h116.99+0.004%$6.2M$10.9M20x
HTX SOL-USDT+0.0100%8h117.07+0.075%$226.7M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h117.04+0.047%$45.5M$105.5M50xas long as short
Extended SOL-USD+0.0104%1h116.97−0.013%$8.1M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h117.10+0.100%$238.4M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0159%1h117.09+0.092%$26.5M$22.0M50xas long as short
Injective SOL/USDC PERP+0.0173%1h117.09+0.090%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h117.18+0.167%$6.6M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h117.00+0.016%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h117.08+0.081%$51.6M$68.7M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h117.07+0.071%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0490%1h117.00+0.012%$25K$56K20xas long as short
RISEx SOL/USDC+0.0547%1h117.14+0.130%$2.1M$4.9M20xas long as short