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−0.0126%/8h= −13.8% APRnext payment $0.16 per $10,000 · paid last 24h −0.166%
Price spread now: Lighter RH against Injective−0.146%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−0.033%−$3 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 −$4 a day on $10k at the current rate, and Lighter RH is 0.146% cheaper against Injective than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SOL/USDC PERP118.200.0222pay 0.0028% / 1h46m 54s$4K$2K12x
ShortLighter RH SOL118.030.0096get 0.0012% / 1h46m 54s$2.2M$16.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Injective. 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
−$26.4
Price spread: −0.146% → 0.000%
−$14.64
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$41.05
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 2 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 Injective no order-book sample
Sell Lighter RH live order book, 2 min ago1.18 bp1.2 bp −$12.0 bp −$2019.9 bp −$1,988doesn't fit
Injective: 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
ApeX Omni SOLUSDT−0.0218%1h118.08−0.102%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h118.04−0.134%$92K$706K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.09−0.089%$924$8K25xas long as short
Vest SOL-PERP−0.0078%1h118.03−0.145%$610K20xas long as short
HTX SOL-USDT−0.0036%8h117.97−0.193%$229.4M$45.0M75xas long as short
Gate SOL_USDT−0.0024%8h118.06−0.118%$853.6M$653.1M100xas long as short
Derive SOL-PERP−0.0022%1h117.98−0.184%$2.0M$2.7M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h118.08−0.102%$53K150xas long as short
dYdX SOL-USD0.0000%1h118.09−0.096%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.12−0.069%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m118.09−0.092%$131K$3.9M8.3xas long as short
RISEx SOL/USDC+0.0018%1h118.09−0.094%$1.8M$4.6M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0019%1h118.05−0.128%$26.4M$25.4M50xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.04−0.132%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.05−0.124%$8.0M$411.9M50xas long as short
BingX SOL-USDC+0.0080%8h118.05−0.128%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h118.06−0.114%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h118.14−0.051%$103K$162K20xas long as short
Lighter SOL+0.0096%1h118.05−0.128%$13.5M$58.2M25xas long as short
Lighter RH SOLshort+0.0096%1h118.03−0.146%$2.2M$16.7M25x
Aevo SOL-PERP+0.0096%1h117.98−0.184%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h118.08−0.098%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h118.07−0.110%$43K$829K20xas long as short
Nado SOL-PERP+0.0100%1h118.10−0.085%$5.7M$41.5M40xas long as short
Aster SOLUSDT+0.0100%8h118.04−0.133%$177.3M$180.4M100xas long as short
Pacifica SOL+0.0100%1h118.08−0.103%$14.1M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h118.11−0.076%$978.1M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h118.12−0.071%$824.9M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.08−0.102%$369.3M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.00−0.169%$239K$908K10xas long as short
Arcus SOL-USD+0.0100%1h118.11−0.080%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h118.07−0.110%$423.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.03−0.148%$133.6M$207.8M75xas long as short
Bitget SOLUSDT+0.0100%8h118.05−0.129%$490.0M$446.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h118.03−0.144%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.97−0.197%$24.4M$129.6Mas long as short
edgeX SOLUSDC+0.0100%4h118.07−0.109%$94.8M$404.2M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.16−0.035%$48.4M$29.7M20xas long as short
StandX SOL-USD+0.0100%1h118.10−0.085%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h118.08−0.102%$360K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h118.08−0.100%$201K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h118.10−0.085%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h118.11−0.079%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h118.04−0.135%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h118.07−0.110%$46.0M$101.5M50xas long as short
Bulk SOL-USD+0.0100%1h118.07−0.110%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h118.22+0.017%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.00−0.165%$8.3M$35.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.12−0.063%$228.5M500xas long as short
Hyperliquid SOL+0.0124%1h118.13−0.059%$719.9M$402.4M20xas long as short
Reya SOLRUSDPERP+0.0187%1h118.05−0.124%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04−0.135%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERPlong+0.0222%1h118.20long leg$4K$2K12x
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h118.07−0.106%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0306%1h118.11−0.075%$25K$51K20xas long as short