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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.035%
Price spread now: Lighter RH against Bluefin−0.035%7-day average · 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 7 days+0.612%+$61 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.035% cheaper against Bluefin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.612%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SOL-PERP116.700.0100pay 0.0013% / 1h53m 55s$27K$36K25x
ShortLighter RH SOL116.660.0032get 0.0004% / 1h53m 55s$2.2M$16.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Bluefin. 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
−$14.28
Price spread: −0.035% → 0.000%
−$3.51
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$24.79
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; Lighter RH: live order book, 5 min ago. 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 Bluefin no order-book sample
Sell Lighter RH live order book, 5 min ago0.77 bp0.8 bp −$12.1 bp −$2121.7 bp −$2,167doesn't fit
Bluefin: 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
Bybit SOLUSDT−0.0106%8h116.68−0.016%$741.9M$1.44B100xas long as short
Hibachi SOL/USDT-P−0.0088%1h116.73+0.025%$96K$687K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.75+0.039%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.72+0.018%$32.9M$104.0M100xas long as short
Derive SOL-PERP−0.0048%1h116.61−0.075%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0023%1h116.66−0.036%$625K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.70+0.003%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.71+0.010%$4.3M$23.8M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.74+0.036%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.68−0.018%$110K$3.6M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOLshort+0.0032%1h116.66−0.035%$2.2M$16.7M25x
01 Exchange SOLUSD+0.0040%1h116.68−0.016%$100K$178K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.72+0.015%$8.0M$406.3M50xas long as short
SoDEX SOL-USD+0.0052%1h116.68−0.016%$6.1M$10.9M20xas long as short
Bitget SOLUSDT+0.0055%8h116.67−0.027%$481.1M$461.8M100xas long as short
Orderly PERP_SOL_USDC+0.0092%8h116.69−0.010%$1.0M$6.0M100xas long as short
Lighter SOL+0.0096%1h116.68−0.016%$13.1M$60.3M25xas long as short
Aevo SOL-PERP+0.0096%1h116.69−0.010%$351K$247K20xas long as short
Aster SOLUSDT+0.0096%8h116.68−0.019%$175.9M$176.8M100xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.69−0.006%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.64−0.051%$64K$910K20xas long as short
Nado SOL-PERP+0.0100%1h116.66−0.037%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h116.79+0.078%$700.1M$408.4M20xas long as short
Pacifica SOL+0.0100%1h116.72+0.020%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.68−0.016%$969.5M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.69−0.008%$371.1M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.62−0.068%$217K$886K10xas long as short
Arcus SOL-USD+0.0100%1h116.70−0.001%$905K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h117.05+0.299%$126.2M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.68−0.016%$847.0M$662.6M100xas long as short
MEXC SOL_USDT+0.0100%8h116.68−0.016%$362.7M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.67−0.024%$128.8M$232.1M75xas long as short
BingX SOL-USDT+0.0100%8h116.67−0.029%$372.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.68−0.016%$23.1M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h116.71+0.013%$24.8M$112.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.81+0.092%$93.8M$409.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.74+0.032%$47.8M$31.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.85+0.129%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.78+0.069%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.64−0.051%$315K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.69−0.011%$236K$1.7M20xas long as short
Bluefin SOL-PERPlong+0.0100%1h116.70long leg$27K$36K25x
SunX SOL-USDT+0.0100%8h116.65−0.045%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.67−0.023%$226.0M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.68−0.016%$45.4M$105.6M50xas long as short
Extended SOL-USD+0.0104%1h116.63−0.055%$8.1M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.77+0.061%$235.5M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0135%1h116.76+0.054%$26.5M$22.0M50xas long as short
Injective SOL/USDC PERP+0.0176%1h117.09+0.335%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.94+0.207%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.62−0.066%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.71+0.009%$52.3M$68.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.69−0.011%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.75+0.045%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0496%1h116.86+0.136%$25K$56K20xas long as short