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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Ondo Perps+0.047%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−0.053%−$5 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.047%, 7d avg −0.001%
Together, before fees−0.047%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$5 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: Lighter is 0.048% dearer against Ondo Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SOL-USD.P116.620.0100pay 0.0013% / 1h54m 47s$217K$886K10x
ShortLighter SOL116.670.0096get 0.0012% / 1h54m 47s$13.1M$60.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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: +0.047% → −0.001%
$4.78
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1.06
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 4 min ago. 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 Ondo Perps no order-book sample
Sell Lighter live order book, 4 min ago0.30 bp0.3 bp $02.0 bp −$205.9 bp −$59123.2 bp −$11.6K
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 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
Bybit SOLUSDT−0.0106%8h116.64+0.021%$741.1M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.93+0.268%$1K$8K25xas long as short
Hibachi SOL/USDT-P−0.0080%1h116.84+0.186%$98K$684K20xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.74+0.099%$32.9M$104.0M100xas long as short
Derive SOL-PERP−0.0048%1h116.65+0.024%$1.9M$3.0M13xas long as short
Vest SOL-PERP−0.0024%1h116.73+0.095%$625K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.74+0.103%$42K150xas long as short
dYdX SOL-USD0.0000%1h116.71+0.077%$4.3M$23.8M20xas long as short
Kalshi KXSOLPERP0.0000%8h116.80+0.159%$1.5M$19.4M3.1xas long as short
Perpl SOL0.0000%43m116.73+0.093%$110K$3.6M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SOL+0.0040%1h116.66+0.032%$2.2M$16.7M25xas long as short
01 Exchange SOLUSD+0.0040%1h116.76+0.120%$100K$178K20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.75+0.116%$8.0M$406.5M50xas long as short
Bitget SOLUSDT+0.0055%8h116.65+0.028%$481.1M$461.7M100xas long as short
SoDEX SOL-USD+0.0055%1h116.71+0.077%$6.1M$10.9M20xas long as short
Orderly PERP_SOL_USDC+0.0092%8h116.72+0.082%$1.0M$6.0M100xas long as short
Lighter SOLshort+0.0096%1h116.67+0.047%$13.1M$60.2M25x
Aevo SOL-PERP+0.0096%1h116.73+0.090%$351K$247K20xas long as short
Aster SOLUSDT+0.0096%8h116.67+0.039%$175.8M$176.8M100xas long as short
Paradex SOL-USD-PERP+0.0098%8h116.69+0.062%$1.0M$551K50xas long as short
Katana Perps SOL-USD+0.0099%8h116.71+0.077%$64K$910K20xas long as short
Nado SOL-PERP+0.0100%1h116.77+0.129%$5.5M$41.0M40xas long as short
Hyperliquid SOL+0.0100%1h116.79+0.146%$700.1M$408.3M20xas long as short
Pacifica SOL+0.0100%1h116.72+0.087%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.67+0.043%$969.5M$3.90B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.66+0.034%$371.1M$1.77B100xas long as short
Ondo Perps SOL-USD.Plong+0.0100%1h116.62long leg$217K$886K10x
Arcus SOL-USD+0.0100%1h116.70+0.067%$905K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h117.05+0.367%$126.2M$23.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.69+0.060%$847.3M$662.3M100xas long as short
MEXC SOL_USDT+0.0100%8h116.67+0.043%$363.1M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.67+0.045%$128.8M$232.0M75xas long as short
BingX SOL-USDT+0.0100%8h116.70+0.073%$372.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.74+0.103%$23.1M$38.2M50xas long as short
Variational Omni SOL+0.0100%8h116.71+0.081%$24.8M$112.8Mas long as short
edgeX SOLUSDC+0.0100%4h116.81+0.160%$93.8M$409.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.74+0.100%$47.8M$31.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.85+0.197%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.80+0.154%$1.3M$12.1M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.73+0.094%$316K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.78+0.136%$235K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.74+0.100%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.73+0.092%$190K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.76+0.120%$226.1M$50.7M75xas long as short
Phemex SOLUSDT+0.0100%8h116.73+0.094%$45.4M$105.6M50xas long as short
Extended SOL-USD+0.0104%1h116.68+0.051%$8.1M$39.2M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.76+0.120%$235.5M500xas long as short
Deribit SOL_USDC-PERPETUAL+0.0150%1h116.79+0.146%$26.4M$22.1M50xas long as short
Injective SOL/USDC PERP+0.0176%1h117.09+0.403%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.94+0.274%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0194%1h116.70+0.069%$1.1M$544K25xas long as short
BloFin SOL-USDT+0.0220%8h116.71+0.077%$52.3M$68.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.73+0.097%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.81+0.165%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0496%1h116.89+0.231%$25K$56K20xas long as short