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+0.0072%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: GMX against Lighter RH+0.289%7-day average +0.033% · 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)+0.072%+$7 on $10k
Price spread, last 3 days (all we have)−0.284%−$28 · spread now +0.289%, 7d avg +0.033%
Together, before fees−0.211%+ Points / potential airdropLighter RH: Points live · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.256% dearer against Lighter RH than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL117.610.0096pay 0.0012% / 1h42m 42s$2.1M$16.7M25x
ShortGMX SOL/USD [SOL-USDC]117.95L +0.0233% / S −0.0168%get 0.0021% / 1h42m 42s$3.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Lighter RH. 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
$15.05
Price spread: +0.289% → +0.033%
$25.62
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$28.67
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 6 min ago; GMX: no order-book sample. 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 Lighter RH live order book, 6 min ago1.18 bp1.2 bp −$11.9 bp −$1919.4 bp −$1,941doesn't fit
Sell GMX no order-book sample
GMX: 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−0.0171%1h118.09+0.408%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h117.92+0.268%$92K$707K20xas long as short
Hotstuff SOL-PERP−0.0080%1h118.05+0.372%$923$8K25xas long as short
Vest SOL-PERP−0.0077%1h117.89+0.242%$610K20xas long as short
HTX SOL-USDT−0.0035%8h117.86+0.215%$229.2M$45.1M75xas long as short
Derive SOL-PERP−0.0022%1h117.83+0.186%$2.0M$2.7M13xas long as short
Gate SOL_USDT−0.0003%8h117.71+0.085%$850.9M$654.3M100xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.95+0.289%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.68+0.061%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h118.05+0.378%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m117.97+0.303%$128K$4.0M8.3xas long as short
Deribit SOL_USDC-PERPETUAL+0.0011%1h117.94+0.279%$26.4M$25.4M50xas long as short
RISEx SOL/USDC+0.0018%1h117.94+0.277%$2.0M$4.7M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h117.84+0.193%$31.6M$98.8M100xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h117.92+0.263%$7.9M$412.1M50xas long as short
BingX SOL-USDC+0.0080%8h117.61+0.003%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0084%8h117.90+0.247%$1.1M$5.9M100xas long as short
01 Exchange SOLUSD+0.0088%1h118.02+0.349%$103K$162K20xas long as short
Lighter SOL+0.0096%1h117.62+0.009%$13.0M$59.1M25xas long as short
Lighter RH SOLlong+0.0096%1h117.61long leg$2.1M$16.7M25x
Aevo SOL-PERP+0.0096%1h117.89+0.236%$345K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.64+0.027%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.95+0.289%$49K$835K20xas long as short
Nado SOL-PERP+0.0100%1h117.92+0.260%$5.7M$41.6M40xas long as short
Hyperliquid SOL+0.0100%1h117.75+0.120%$717.6M$403.2M20xas long as short
Aster SOLUSDT+0.0100%8h117.65+0.033%$176.7M$180.6M100xas long as short
Pacifica SOL+0.0100%1h117.66+0.041%$14.0M$130.7M20xas long as short
Binance SOLUSDT+0.0100%8h117.610.000%$975.8M$3.82B100xas long as short
Bybit SOLUSDT+0.0100%8h117.66+0.043%$821.7M$1.28B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.62+0.009%$368.5M$1.68B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.84+0.196%$239K$894K10xas long as short
Arcus SOL-USD+0.0100%1h117.96+0.299%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.64+0.026%$421.5M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.69+0.064%$133.5M$208.2M75xas long as short
Bitget SOLUSDT+0.0100%8h117.63+0.017%$488.3M$446.6M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.80+0.162%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h118.01+0.337%$24.4M$129.7Mas long as short
edgeX SOLUSDC+0.0100%4h118.06+0.385%$94.8M$404.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.90+0.245%$48.3M$29.5M20xas long as short
StandX SOL-USD+0.0100%1h118.01+0.340%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.92+0.264%$362K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.95+0.292%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.92+0.259%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.93+0.270%$192K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.87+0.221%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.88+0.230%$45.9M$101.7M50xas long as short
Bulk SOL-USD+0.0100%1h118.07+0.391%$135.9M$13.3M20xas long as short
Phoenix SOL+0.0101%1h117.96+0.298%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h117.62+0.009%$8.2M$35.9M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.02+0.350%$228.4M500xas long as short
Reya SOLRUSDPERP+0.0188%1h117.91+0.258%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.04+0.366%$52.1M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h118.20+0.502%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]shortL +0.0233% / S −0.0168%1h117.95+0.289%$3.7M200x
Aftermath Perps SOLUSD+0.0313%1h118.01+0.343%$25K$51K20xas long as short