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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: OKX against Lighter+0.037%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$120.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.037%, 7d avg −0.014%
Together, before fees−0.090%+ Points / potential airdropLighter: Season 3 · farm board−$9 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: OKX is 0.051% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL116.140.0096pay 0.0012% / 1h19m 45s$13.1M$60.9M25x
ShortOKX SOL-USDT-SWAP116.180.0100get 0.0100% / 8h19m 45s$366.0M$1.77B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.037% → −0.014%
$5.06
Slippage, 4 orders
−$2.41
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$6.51
Costs to cover
0.124%
Break-even
61.3 days
Slippage from Lighter: live order book, 14 min ago; OKX: live order book, 4 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, 14 min ago0.47 bp0.8 bp −$11.3 bp −$135.6 bp −$55820.1 bp −$10.0K
Sell OKX live order book, 4 min ago0.43 bp5.4 bp −$55.8 bp −$589.9 bp −$98822.0 bp −$11.0K

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
Kraken Futures PF_SOLUSD−0.0153%1h116.17+0.027%$32.4M$107.0M100xas long as short
Bybit SOLUSDT−0.0103%8h116.16+0.016%$733.2M$1.43B100xas long as short
Hibachi SOL/USDT-P−0.0096%1h116.06−0.070%$100K$675K20xas long as short
Hotstuff SOL-PERP−0.0080%1h116.20+0.051%$1K$8K25xas long as short
Derive SOL-PERP−0.0075%1h116.00−0.119%$1.8M$3.0M13xas long as short
Injective SOL/USDC PERP−0.0055%1h116.36+0.192%$4K$2K12xas long as short
Vest SOL-PERP−0.0046%1h116.04−0.082%$756K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.17+0.028%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.13−0.003%$1.4M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.08−0.050%$99K$3.5M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0005%1h116.04−0.086%$4.3M$23.5M20xas long as short
Bitget SOLUSDT+0.0022%8h116.17+0.024%$479.3M$456.3M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0030%1h116.18+0.040%$26.3M$21.6M50xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.15+0.011%$7.8M$398.9M50xas long as short
Aster SOLUSDT+0.0049%8h116.17+0.028%$177.1M$168.8M100xas long as short
01 Exchange SOLUSD+0.0064%1h116.13−0.006%$100K$181K20xas long as short
SoDEX SOL-USD+0.0065%1h116.13−0.006%$6.1M$11.0M20xas long as short
Orderly PERP_SOL_USDC+0.0071%8h116.12−0.013%$1.0M$5.9M100xas long as short
Lighter RH SOL+0.0080%1h116.14+0.007%$2.2M$16.8M25xas long as short
Paradex SOL-USD-PERP+0.0094%8h116.05−0.072%$1.0M$554K50xas long as short
Lighter SOLlong+0.0096%1h116.14long leg$13.1M$60.9M25x
Aevo SOL-PERP+0.0096%1h116.12−0.014%$350K$257K20xas long as short
Katana Perps SOL-USD+0.0100%8h116.04−0.084%$64K$912K20xas long as short
Nado SOL-PERP+0.0100%1h116.03−0.092%$5.4M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h116.25+0.097%$695.9M$408.3M20xas long as short
Pacifica SOL+0.0100%1h116.04−0.083%$15.6M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.18+0.039%$960.4M$3.87B100xas long as short
OKX SOL-USDT-SWAPshort+0.0100%8h116.18+0.037%$366.0M$1.77B100x
Ondo Perps SOL-USD.P+0.0100%1h115.98−0.135%$224K$842K10xas long as short
Arcus SOL-USD+0.0100%1h116.08−0.053%$922K$8.5M20xas long as short
Gate SOL_USDT+0.0100%8h116.19+0.046%$842.8M$668.1M100xas long as short
MEXC SOL_USDT+0.0100%8h116.19+0.046%$371.0M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.19+0.046%$129.2M$236.2M75xas long as short
BingX SOL-USDC+0.0100%8h116.13−0.005%$10.7Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.15+0.011%$22.8M$35.6M50xas long as short
Variational Omni SOL+0.0100%8h115.97−0.140%$24.8M$107.4Mas long as short
edgeX SOLUSDC+0.0100%4h115.98−0.138%$93.1M$406.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.07−0.058%$47.5M$28.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.07−0.058%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.07−0.058%$1.3M$11.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.07−0.058%$314K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.08−0.050%$284K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.10−0.031%$26K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.08−0.049%$189K$1.7M30xas long as short
HTX SOL-USDT+0.0100%8h115.97−0.140%$224.6M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.12−0.015%$45.1M$104.3M50xas long as short
Bulk SOL-USD+0.0100%1h116.35+0.183%$125.8M$26.4M20xas long as short
Extended SOL-USD+0.0104%1h116.12−0.010%$8.2M$37.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.08−0.047%$236.1M500xas long as short
Phoenix SOL+0.0130%1h116.17+0.028%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0196%1h116.05−0.077%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.03−0.092%$52.1M$65.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.15+0.011%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0461%1h116.14+0.002%$25K$57K20xas long as short
RISEx SOL/USDC+0.0485%1h116.13−0.005%$2.1M$4.8M20xas long as short