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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against edgeX−0.032%80s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$160.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 7 days+0.065%+$7 · spread now −0.032%, 7d avg +0.022%
Together, before fees+0.050%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$5 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: Lighter RH is 0.054% cheaper against edgeX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.022%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOLUSDC118.060.0100pay 0.0050% / 4h2h 44m$94.8M$404.5M75x
ShortLighter RH SOL118.030.0096get 0.0012% / 1h44m 09s$2.2M$16.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. 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: −0.032% → +0.022%
−$5.37
Slippage, 4 orders
−$6.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$21.81
Costs to cover
0.156%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Lighter RH: 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 edgeX live order book, 5 min ago2.12 bp6.6 bp −$76.6 bp −$666.7 bp −$67010.0 bp −$5,006
Sell Lighter RH live order book, 5 min ago1.18 bp1.2 bp −$12.0 bp −$2019.9 bp −$1,988doesn'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
ApeX Omni SOLUSDT−0.0171%1h118.09+0.023%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h117.92−0.116%$92K$707K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.92−0.125%$922$8K25xas long as short
Vest SOL-PERP−0.0077%1h117.88−0.151%$610K20xas long as short
HTX SOL-USDT−0.0033%8h117.97−0.081%$229.4M$45.0M75xas long as short
Derive SOL-PERP−0.0022%1h117.97−0.081%$2.0M$2.7M13xas long as short
Gate SOL_USDT−0.0011%8h118.04−0.019%$853.1M$653.9M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.00−0.052%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.92−0.119%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.92−0.124%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m117.96−0.087%$128K$4.0M8.3xas long as short
RISEx SOL/USDC+0.0018%1h117.95−0.096%$2.0M$4.7M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.02−0.033%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.05−0.015%$7.9M$412.2M50xas long as short
BingX SOL-USDT+0.0080%8h118.02−0.035%$370.5Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h118.05−0.014%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h118.02−0.036%$103K$162K20xas long as short
Lighter SOL+0.0096%1h118.04−0.019%$13.1M$59.1M25xas long as short
Lighter RH SOLshort+0.0096%1h118.03−0.032%$2.2M$16.7M25x
Aevo SOL-PERP+0.0096%1h118.03−0.024%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.89−0.146%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.89−0.146%$49K$829K20xas long as short
Nado SOL-PERP+0.0100%1h118.00−0.053%$5.7M$41.6M40xas long as short
Aster SOLUSDT+0.0100%8h117.98−0.072%$177.2M$180.5M100xas long as short
Pacifica SOL+0.0100%1h117.94−0.105%$14.0M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.04−0.018%$979.3M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.07+0.007%$824.6M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.02−0.036%$369.6M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.84−0.188%$239K$895K10xas long as short
Arcus SOL-USD+0.0100%1h117.98−0.072%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h118.03−0.027%$423.9M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.02−0.032%$133.9M$208.1M75xas long as short
Bitget SOLUSDT+0.0100%8h118.00−0.049%$489.8M$446.4M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.05−0.010%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h118.01−0.047%$24.4M$129.7Mas long as short
edgeX SOLUSDClong+0.0100%4h118.06long leg$94.8M$404.5M75x
GRVT SOL_USDT_Perp+0.0100%8h118.16+0.081%$48.4M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h117.94−0.104%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.95−0.095%$358K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.98−0.067%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.02−0.037%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.99−0.064%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.04−0.019%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.04−0.019%$46.0M$101.7M50xas long as short
Bulk SOL-USD+0.0100%1h118.07+0.007%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h118.22+0.134%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.01−0.044%$8.2M$35.9M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h118.09+0.022%$26.4M$25.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.90−0.141%$228.3M500xas long as short
Hyperliquid SOL+0.0112%1h118.13+0.057%$719.9M$403.1M20xas long as short
Reya SOLRUSDPERP+0.0188%1h117.93−0.113%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04−0.019%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.117%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.99−0.061%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0311%1h118.03−0.024%$25K$51K20xas long as short