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−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.001%
Price spread now: 01 Exchange against Lighter RH+0.143%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.143%, 7d avg +0.028%
Together, before fees+0.028%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.115% dearer against Lighter RH than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.028%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL116.400.0096pay 0.0012% / 1h50m 07s$2.2M$16.5M25x
Short01 Exchange SOLUSD116.570get 0.0000% / 1h50m 07s$99K$175K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$20.16
Price spread: +0.143% → +0.028%
$11.5
Slippage, 4 orders
−$13.83
Fee Lighter RH: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$29.48
Costs to cover
0.208%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; 01 Exchange: live order book, 64 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, 4 min ago1.12 bp1.1 bp −$11.4 bp −$1417.5 bp −$1,748doesn't fit
Sell 01 Exchange live order book, 64 min ago0.86 bp8.8 bp −$917.6 bp −$176doesn't fitdoesn'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
Hibachi SOL/USDT-P−0.0240%1h116.54+0.118%$105K$705K20xas long as short
Kraken Futures PF_SOLUSD−0.0240%1h116.41+0.006%$31.6M$103.2M100xas long as short
Vest SOL-PERP−0.0126%1h116.50+0.086%$601K20xas long as short
Bybit SOLUSDT−0.0110%8h116.36−0.037%$744.5M$1.41B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.56+0.131%$1K$8K25xas long as short
Derive SOL-PERP−0.0051%1h116.36−0.036%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.46+0.049%$42K150xas long as short
01 Exchange SOLUSDshort0.0000%1h116.57+0.143%$99K$175K20x
Kalshi KXSOLPERP0.0000%8h116.57+0.147%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0022%1h116.55+0.125%$4.4M$24.2M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SOL-USD+0.0035%1h116.45+0.041%$147K$1.6M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.42+0.012%$7.8M$405.3M50xas long as short
Bitget SOLUSDT+0.0077%8h116.37−0.030%$480.6M$449.5M100xas long as short
Orderly PERP_SOL_USDC+0.0095%8h116.44+0.034%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.41+0.005%$13.0M$60.5M25xas long as short
Lighter RH SOLlong+0.0096%1h116.40long leg$2.2M$16.5M25x
Aevo SOL-PERP+0.0096%1h116.44+0.030%$350K$247K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0096%1h116.49+0.079%$26.3M$22.9M50xas long as short
Katana Perps SOL-USD+0.0099%8h116.50+0.083%$60K$899K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.58+0.155%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.53+0.112%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.49+0.075%$699.1M$393.7M20xas long as short
Aster SOLUSDT+0.0100%8h116.39−0.013%$174.4M$183.3M100xas long as short
Pacifica SOL+0.0100%1h116.58+0.155%$15.8M$130.4M20xas long as short
Binance SOLUSDT+0.0100%8h116.40−0.003%$970.1M$3.85B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.40−0.003%$366.4M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.47+0.058%$212K$874K10xas long as short
Arcus SOL-USD+0.0100%1h116.60+0.166%$917K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45+0.040%$130.4M$16.4M20xas long as short
Gate SOL_USDT+0.0100%8h116.42+0.015%$850.3M$658.9M100xas long as short
MEXC SOL_USDT+0.0100%8h116.41+0.006%$363.9M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.40−0.002%$124.0M$227.4M75xas long as short
BingX SOL-USDC+0.0100%8h116.42+0.012%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.40−0.003%$23.0M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.47+0.062%$25.1M$114.2Mas long as short
edgeX SOLUSDC+0.0100%4h116.35−0.047%$93.4M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.47+0.061%$47.6M$30.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.41+0.006%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.52+0.101%$1.3M$11.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.54+0.118%$320K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.44+0.036%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.43+0.024%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.41+0.006%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.52+0.105%$225.8M$48.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.45+0.040%$45.4M$103.7M50xas long as short
Extended SOL-USD+0.0104%1h116.38−0.022%$8.1M$38.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.55+0.130%$237.2M500xas long as short
Injective SOL/USDC PERP+0.0173%1h116.50+0.083%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.45+0.040%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0192%1h116.49+0.075%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.53+0.109%$51.9M$67.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.47+0.057%$3.5M200xas long as short
Perpl SOL+0.0335%43m116.56+0.135%$112K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0547%1h116.63+0.195%$1.9M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0570%1h116.51+0.092%$25K$52K20xas long as short