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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: ApeX Omni against Lighter+0.246%108s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$150.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.272%−$27 on $10k
Price spread, last 7 days−0.229%−$23 · spread now +0.246%, 7d avg −0.007%
Together, before fees−0.501%+ Points / potential airdropLighter: Season 3 · farm board−$50 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: ApeX Omni is 0.253% dearer against Lighter than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL116.040.0096pay 0.0012% / 1h33m 43s$13.0M$56.1M25x
ShortApeX Omni SOLUSDT116.330.0100get 0.0013% / 1h33m 43s$1.2M$6.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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: +0.246% → −0.007%
$25.31
Slippage, 4 orders
−$4.93
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$11.21
Costs to cover
0.149%
Break-even
from the start
Slippage from Lighter: live order book, 5 min ago; ApeX Omni: 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 Lighter live order book, 5 min ago0.22 bp0.5 bp −$11.5 bp −$155.7 bp −$57121.2 bp −$10.6K
Sell ApeX Omni live order book, 5 min ago1.72 bp6.7 bp −$79.7 bp −$9770.3 bp −$7,026doesn'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
Hotstuff SOL-PERP−0.0080%1h116.34+0.259%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0057%1h116.25+0.178%$32.3M$105.3M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.22+0.155%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.05+0.009%$4.3M$23.3M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.24+0.171%$1.4M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.20+0.135%$99K$3.4M8.3xas long as short
Vest SOL-PERP+0.0002%1h116.15+0.093%$636K20xas long as short
Derive SOL-PERP+0.0007%1h116.15+0.095%$1.8M$2.9M13xas long as short
Bybit SOLUSDT+0.0008%8h116.02−0.017%$728.8M$1.39B100xas long as short
Bitget SOLUSDT+0.0024%8h116.02−0.015%$478.5M$446.9M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0040%1h116.28+0.204%$7.7M$391.6M50xas long as short
Aster SOLUSDT+0.0052%8h116.03−0.005%$176.1M$169.4M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0056%1h116.34+0.259%$26.2M$21.4M50xas long as short
Orderly PERP_SOL_USDC+0.0068%8h116.31+0.236%$1.0M$5.9M100xas long as short
SoDEX SOL-USD+0.0084%1h116.21+0.147%$6.1M$11.0M20xas long as short
Lighter SOLlong+0.0096%1h116.04long leg$13.0M$56.1M25x
Lighter RH SOL+0.0096%1h116.03−0.009%$2.2M$14.8M25xas long as short
Aevo SOL-PERP+0.0096%1h116.28+0.204%$351K$249K20xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.03−0.008%$1.0M$554K50xas long as short
Gate SOL_USDT+0.0099%8h116.05+0.009%$844.5M$611.6M100xas long as short
Katana Perps SOL-USD+0.0100%8h116.03−0.009%$58K$906K20xas long as short
Nado SOL-PERP+0.0100%1h116.27+0.194%$5.4M$41.3M40xas long as short
Hyperliquid SOL+0.0100%1h116.16+0.103%$694.2M$404.4M20xas long as short
Pacifica SOL+0.0100%1h116.08+0.039%$15.6M$130.0M20xas long as short
Binance SOLUSDT+0.0100%8h116.03−0.009%$959.1M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.040.000%$365.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07+0.026%$217K$844K10xas long as short
Arcus SOL-USD+0.0100%1h116.05+0.011%$947K$8.4M20xas long as short
MEXC SOL_USDT+0.0100%8h116.02−0.017%$372.9M$1.05B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.04−0.003%$129.4M$237.5M75xas long as short
BingX SOL-USDC+0.0100%8h116.03−0.011%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.20+0.138%$22.8M$36.3M50xas long as short
Variational Omni SOL+0.0100%8h116.19+0.126%$24.8M$104.7Mas long as short
edgeX SOLUSDC+0.0100%4h116.21+0.150%$93.3M$404.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.14+0.086%$47.5M$28.0M20xas long as short
ApeX Omni SOLUSDTshort+0.0100%1h116.33+0.246%$1.2M$6.6M50x
StandX SOL-USD+0.0100%1h116.17+0.112%$1.3M$11.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.18+0.121%$318K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.20+0.135%$281K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h116.13+0.078%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h116.32+0.242%$225.2M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.19+0.129%$45.2M$103.0M50xas long as short
Bulk SOL-USD+0.0100%1h116.25+0.179%$125.8M$25.7M20xas long as short
Extended SOL-USD+0.0104%1h115.99−0.040%$8.3M$36.5M50xas long as short
01 Exchange SOLUSD+0.0112%1h116.08+0.034%$101K$183K20xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.21+0.143%$230.3M500xas long as short
Phoenix SOL+0.0124%1h116.27+0.198%$6.5M$13.4M25xas long as short
Hibachi SOL/USDT-P+0.0136%1h116.24+0.172%$101K$683K20xas long as short
Injective SOL/USDC PERP+0.0179%1h116.34+0.259%$4K$12412xas long as short
Reya SOLRUSDPERP+0.0197%1h116.12+0.068%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.18+0.121%$52.0M$63.5M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.20+0.140%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0410%1h116.28+0.209%$25K$57K20xas long as short
RISEx SOL/USDC+0.0480%1h116.08+0.036%$2.1M$4.8M20xas long as short
Bluefin SOL-PERP+0.0591%1h116.32+0.243%$27K$36K25xas long as short