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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica−0.025%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$110.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+0.031%+$3 · spread now −0.025%, 7d avg −0.008%
Together, before fees+0.057%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SOL119.640.0100pay 0.0013% / 1h22m 36s$12.4M$114.7M20x
ShortLighter SOL119.610.0096get 0.0012% / 1h22m 36s$13.7M$54.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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: −0.025% → −0.008%
−$1.67
Slippage, 4 orders
−$2.75
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$13.26
Costs to cover
0.107%
Break-even
never at this rate
Slippage from Pacifica: live order book, 7 min ago; Lighter: 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 Pacifica live order book, 7 min ago0.42 bp4.9 bp −$55.9 bp −$59doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.04 bp0.3 bp $01.8 bp −$187.7 bp −$77222.5 bp −$11.3K

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
Injective SOL/USDC PERP−0.0151%1h119.15−0.410%$4K$2K12xas long as short
Hotstuff SOL-PERP−0.0080%1h119.59−0.044%$848$8K25xas long as short
Vest SOL-PERP−0.0075%1h119.65+0.005%$724K20xas long as short
Derive SOL-PERP−0.0047%1h119.50−0.120%$2.0M$3.2M13xas long as short
dYdX SOL-USD−0.0001%1h119.59−0.038%$4.9M$26.9M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.57−0.059%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.60−0.033%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.63−0.013%$180K$4.0M8.3xas long as short
Aftermath Perps SOLUSD+0.0012%1h119.36−0.232%$24K$47K20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0027%1h119.64−0.001%$26.8M$27.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SOL-USDT+0.0057%8h119.49−0.121%$232.7M$44.5M75xas long as short
Orderly PERP_SOL_USDC+0.0061%8h119.59−0.038%$1.1M$5.9M100xas long as short
Hibachi SOL/USDT-P+0.0064%1h119.52−0.099%$122K$602K20xas long as short
01 Exchange SOLUSD+0.0072%1h119.68+0.033%$105K$152K20xas long as short
BingX SOL-USDT+0.0080%8h119.640.000%$371.6Mas long as short
Gate SOL_USDT+0.0087%8h119.59−0.042%$873.1M$684.8M100xas long as short
ApeX Omni SOLUSDT+0.0091%1h119.29−0.293%$1.5M$6.2M50xas long as short
Lighter SOLshort+0.0096%1h119.61−0.025%$13.7M$54.6M25x
Lighter RH SOL+0.0096%1h119.60−0.031%$2.1M$16.9M25xas long as short
Aevo SOL-PERP+0.0096%1h119.58−0.051%$355K$741K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.59−0.038%$1.0M$524K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.62−0.017%$47K$787K20xas long as short
Nado SOL-PERP+0.0100%1h119.64−0.004%$6.5M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.68+0.033%$722.3M$410.3M20xas long as short
Aster SOLUSDT+0.0100%8h119.63−0.008%$180.2M$175.3M100xas long as short
Pacifica SOLlong+0.0100%1h119.64long leg$12.4M$114.7M20x
Binance SOLUSDT+0.0100%8h119.640.000%$977.4M$3.76B100xas long as short
Bybit SOLUSDT+0.0100%8h119.72+0.067%$830.4M$1.26B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.76+0.100%$372.8M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.61−0.025%$234K$876K10xas long as short
Arcus SOL-USD+0.0100%1h119.67+0.027%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.63−0.008%$451.0M$1.09B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.62−0.017%$142.8M$196.6M75xas long as short
Bitget SOLUSDT+0.0100%8h119.63−0.008%$500.1M$450.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.60−0.033%$24.4M$38.3M50xas long as short
Variational Omni SOL+0.0100%8h119.50−0.116%$27.5M$127.2Mas long as short
edgeX SOLUSDC+0.0100%4h119.25−0.322%$95.8M$398.1M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.36−0.234%$48.8M$33.3M20xas long as short
StandX SOL-USD+0.0100%1h119.56−0.067%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.57−0.059%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.55−0.077%$202K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h119.57−0.056%$38K$16K25xas long as short
SunX SOL-USDT+0.0100%8h119.55−0.079%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.58−0.050%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.56−0.067%$46.7M$100.8M50xas long as short
Bulk SOL-USD+0.0100%1h118.98−0.551%$133.4M$11.1M20xas long as short
Extended SOL-USD+0.0104%1h119.62−0.015%$8.8M$37.0M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.65+0.008%$8.2M$417.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.57−0.056%$218.5M500xas long as short
Phoenix SOL+0.0154%1h119.53−0.092%$6.6M$12.5M25xas long as short
RISEx SOL/USDC+0.0175%1h119.68+0.034%$1.6M$6.1M20xas long as short
Reya SOLRUSDPERP+0.0179%1h119.55−0.078%$1.1M$555K25xas long as short
BloFin SOL-USDT+0.0220%8h119.59−0.042%$51.8M$86.4M125xas long as short
Kraken Futures PF_SOLUSD+0.0222%1h119.62−0.017%$36.1M$89.6M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0237% / S −0.0174%1h119.56−0.064%$3.6M200xas long as short