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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.053%
Price spread now: Lighter RH against Hotstuff+0.031%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter RH is 0.031% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff SOL-PERP119.20−0.0080get 0.0010% / 1h19m 01s$845$8K25x
ShortLighter RH SOL119.240.0096get 0.0012% / 1h19m 01s$2.1M$16.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Hotstuff. 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
$36.96
Price spread: +0.031% → 0.000%
$3.1
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$35.06
Costs to cover
0.050%
Break-even
0.4 days
Slippage unknown: Hotstuff: 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 Hotstuff no order-book sample
Sell Lighter RH live order book, 5 min ago2.06 bp2.1 bp −$22.3 bp −$2322.1 bp −$2,213doesn't fit
Hotstuff: 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
Bluefin SOL-PERP−0.0404%1h119.26+0.046%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.17−0.030%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERPlong−0.0080%1h119.20long leg$845$8K25x
Vest SOL-PERP−0.0062%1h119.24+0.032%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.23+0.023%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.30+0.079%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.25+0.036%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.28+0.069%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.39+0.160%$120K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.132%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0066%1h119.31+0.090%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0067%8h119.27+0.059%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0080%1h119.32+0.098%$104K$155K20xas long as short
BingX SOL-USDC+0.0080%8h119.22+0.013%$10.5Mas long as short
HTX SOL-USDT+0.0081%8h119.20−0.004%$232.1M$45.0M75xas long as short
Gate SOL_USDT+0.0090%8h119.24+0.031%$870.3M$685.5M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0094%1h119.30+0.082%$26.7M$27.7M50xas long as short
Lighter SOL+0.0096%1h119.26+0.046%$13.6M$55.9M25xas long as short
Lighter RH SOLshort+0.0096%1h119.24+0.031%$2.1M$16.8M25x
Aevo SOL-PERP+0.0096%1h119.22+0.015%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.20−0.001%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.23+0.023%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.20+0.002%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.35+0.123%$719.0M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.25+0.042%$178.5M$176.9M100xas long as short
Pacifica SOL+0.0100%1h119.27+0.060%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.25+0.040%$985.2M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.28+0.065%$826.2M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.22+0.014%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.20−0.003%$234K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.30+0.080%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.066%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.26+0.048%$460.5M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.29+0.071%$140.4M$202.3M75xas long as short
Bitget SOLUSDT+0.0100%8h119.25+0.036%$495.6M$455.5M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.27+0.056%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.115%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.146%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.29+0.073%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.133%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.26+0.048%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.30+0.081%$368K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.28+0.061%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.24+0.029%$193K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.24+0.031%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.26+0.048%$46.6M$102.3M50xas long as short
Extended SOL-USD+0.0104%1h119.22+0.016%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.27+0.055%$8.1M$416.3M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.25+0.039%$224.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.24+0.033%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0068%1h119.29+0.072%$3.8M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.29+0.076%$1.1M$555K25xas long as short
RISEx SOL/USDC+0.0192%1h119.30+0.078%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.148%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.23+0.023%$52.1M$82.8M125xas long as short