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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Lighter RH+0.220%7-day average −0.001% · 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 7 days+0.031%+$3 on $10k
Price spread, last 7 days−0.493%−$49 · spread now +0.220%, 7d avg −0.001%
Together, before fees−0.462%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$46 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: Ondo Perps is 0.221% dearer against Lighter RH than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOL117.350.0096pay 0.0012% / 1h54m 21s$2.1M$16.2M25x
ShortOndo Perps SOL-USD.P117.610.0100get 0.0013% / 1h54m 21s$237K$850K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.84
Price spread: +0.220% → −0.001%
$22.09
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$17.93
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 5 min ago; Ondo Perps: 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, 5 min ago1.62 bp1.6 bp −$22.2 bp −$2220.6 bp −$2,056doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 54 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−0.0279%1h117.27−0.070%$1.5M$5.9M50xas long as short
Hotstuff SOL-PERP−0.0080%1h117.39+0.029%$918$8K25xas long as short
Vest SOL-PERP−0.0057%1h117.32−0.028%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.42+0.055%$31.5M$98.0M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.35−0.001%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.40+0.042%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.47+0.099%$1.4M$19.6M3.1xas long as short
Derive SOL-PERP+0.0009%1h117.29−0.050%$2.0M$2.8M13xas long as short
HTX SOL-USDT+0.0033%8h117.29−0.051%$227.9M$45.5M75xas long as short
01 Exchange SOLUSD+0.0048%1h117.36+0.007%$100K$162K20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.41+0.045%$8.0M$401.9M50xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.64+0.248%$100K$690K20xas long as short
BingX SOL-USDC+0.0080%8h117.32−0.026%$10.6Mas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.41+0.052%$1.0M$5.8M100xas long as short
Lighter SOL+0.0096%1h117.36+0.009%$13.0M$58.9M25xas long as short
Lighter RH SOLlong+0.0096%1h117.35long leg$2.1M$16.2M25x
Gate SOL_USDT+0.0096%8h117.34−0.010%$848.9M$641.8M100xas long as short
Aevo SOL-PERP+0.0096%1h117.40+0.040%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.31−0.036%$67K$831K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.39+0.035%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.41+0.049%$5.8M$39.8M40xas long as short
Aster SOLUSDT+0.0100%8h117.35−0.002%$176.1M$177.0M100xas long as short
Pacifica SOL+0.0100%1h117.38+0.027%$14.5M$127.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.35+0.001%$967.5M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.39+0.032%$820.1M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.42+0.058%$365.7M$1.63B100xas long as short
Ondo Perps SOL-USD.Pshort+0.0100%1h117.61+0.220%$237K$850K10x
Arcus SOL-USD+0.0100%1h117.37+0.013%$2.0M$9.0M20xas long as short
Bulk SOL-USD+0.0100%1h117.40+0.041%$134.9M$15.4M20xas long as short
MEXC SOL_USDT+0.0100%8h117.35−0.002%$424.5M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.36+0.003%$130.4M$211.1M75xas long as short
Bitget SOLUSDT+0.0100%8h117.40+0.043%$486.8M$433.0M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.43+0.066%$23.7M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h117.64+0.242%$24.3M$119.7Mas long as short
edgeX SOLUSDC+0.0100%4h117.29−0.049%$94.2M$399.5M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.42+0.057%$48.1M$28.6M20xas long as short
StandX SOL-USD+0.0100%1h117.59+0.203%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.34−0.010%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.36+0.004%$200K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.40+0.039%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.35−0.003%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.42+0.058%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.42+0.058%$45.7M$100.4M50xas long as short
Phoenix SOL+0.0101%1h117.35−0.002%$6.5M$13.4M25xas long as short
Extended SOL-USD+0.0104%1h117.40+0.038%$8.2M$36.0M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0106%1h117.47+0.103%$26.4M$25.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.40+0.037%$220.7M500xas long as short
RISEx SOL/USDC+0.0136%1h117.41+0.046%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0165%1h117.46+0.091%$716.8M$391.9M20xas long as short
Reya SOLRUSDPERP+0.0189%1h117.33−0.018%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.45+0.084%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.35−0.004%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0366%1h117.46+0.091%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.38+0.027%$128K$3.8M8.3xas long as short