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−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h +0.003%
Price spread now: 01 Exchange against Lighter+0.020%52s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$140.143% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.035%+$3 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.020%, 7d avg +0.024%
Together, before fees+0.146%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SOL119.210.0096pay 0.0012% / 1h16m 41s$13.6M$55.9M25x
Short01 Exchange SOLUSD119.230.0080get 0.0010% / 1h16m 41s$104K$155K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$3.36
Price spread: +0.020% → +0.024%
−$0.36
Slippage, 4 orders
−$7.33
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$18.05
Costs to cover
0.143%
Break-even
never at this rate
Slippage from Lighter: live order book, 7 min ago; 01 Exchange: live order book, 2 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, 7 min ago0.29 bp0.3 bp $01.7 bp −$176.5 bp −$65219.7 bp −$9,859
Sell 01 Exchange live order book, 2 min ago0.84 bp6.5 bp −$612.0 bp −$120doesn't fitdoesn'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
Bluefin SOL-PERP−0.0367%1h119.20−0.003%$37K$17K25xas long as short
Derive SOL-PERP−0.0107%1h119.11−0.080%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.25+0.037%$845$8K25xas long as short
Vest SOL-PERP−0.0062%1h119.18−0.022%$722K20xas long as short
dYdX SOL-USD−0.0001%1h119.23+0.020%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.21+0.002%$54K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.27+0.057%$1.2M$20.7M3.1xas long as short
Perpl SOL0.0000%43m119.24+0.028%$178K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0040%1h119.29+0.070%$119K$612K20xas long as short
Phoenix SOL+0.0054%1h119.36+0.129%$6.5M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0064%1h119.29+0.070%$24K$47K20xas long as short
Orderly PERP_SOL_USDC+0.0068%8h119.21+0.006%$1.1M$5.9M100xas long as short
01 Exchange SOLUSDshort+0.0080%1h119.23+0.020%$104K$155K20x
BingX SOL-USDT+0.0080%8h119.28+0.064%$374.2Mas long as short
HTX SOL-USDT+0.0081%8h119.19−0.012%$232.1M$45.0M75xas long as short
Deribit SOL_USDC-PERPETUAL+0.0085%1h119.25+0.039%$26.7M$27.7M50xas long as short
Gate SOL_USDT+0.0092%8h119.22+0.012%$870.0M$686.1M100xas long as short
Lighter SOLlong+0.0096%1h119.21long leg$13.6M$55.9M25x
Lighter RH SOL+0.0096%1h119.21+0.003%$2.1M$16.8M25xas long as short
Aevo SOL-PERP+0.0096%1h119.16−0.037%$353K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.17−0.032%$1.0M$522K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.29+0.070%$46K$798K20xas long as short
Nado SOL-PERP+0.0100%1h119.24+0.030%$6.1M$41.7M40xas long as short
Hyperliquid SOL+0.0100%1h119.27+0.054%$718.5M$417.1M20xas long as short
Aster SOLUSDT+0.0100%8h119.23+0.022%$178.5M$176.7M100xas long as short
Pacifica SOL+0.0100%1h119.29+0.068%$12.3M$118.5M20xas long as short
Binance SOLUSDT+0.0100%8h119.26+0.045%$985.0M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h119.30+0.079%$827.8M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.28+0.062%$372.6M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.28+0.062%$233K$886K10xas long as short
Arcus SOL-USD+0.0100%1h119.32+0.095%$1.9M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h119.28+0.064%$133.9M$7.8M20xas long as short
MEXC SOL_USDT+0.0100%8h119.26+0.045%$460.0M$1.12B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.27+0.050%$140.3M$201.9M75xas long as short
Bitget SOLUSDT+0.0100%8h119.27+0.055%$495.9M$455.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.21+0.003%$24.1M$38.4M50xas long as short
Variational Omni SOL+0.0100%8h119.34+0.112%$27.4M$128.6Mas long as short
edgeX SOLUSDC+0.0100%4h119.38+0.143%$95.9M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.25+0.037%$48.8M$31.8M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.36+0.131%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.28+0.062%$1.4M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.20−0.005%$367K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.18−0.023%$202K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.18−0.024%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.18−0.022%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.21+0.003%$46.6M$102.4M50xas long as short
Extended SOL-USD+0.0104%1h119.25+0.038%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.22+0.010%$8.2M$416.4M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.26+0.046%$224.1M500xas long as short
Kraken Futures PF_SOLUSD+0.0150%1h119.19−0.013%$32.6M$95.9M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0170% / S −0.0072%1h119.20−0.004%$3.7M200xas long as short
Reya SOLRUSDPERP+0.0182%1h119.18−0.021%$1.1M$552K25xas long as short
RISEx SOL/USDC+0.0192%1h119.32+0.092%$1.7M$5.8M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.38+0.146%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.22+0.012%$52.1M$82.8M125xas long as short