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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0199%/8h= +21.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.041%
Price spread now: Lighter RH against Vest+0.087%7-day average −0.005% · 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)+0.098%+$10 on $10k
Price spread, last 7 days−0.079%−$8 · spread now +0.087%, 7d avg −0.005%
Together, before fees+0.019%+ Points / potential airdropVest: Active · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter RH is 0.092% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SOL-PERP116.58−0.0103get 0.0013% / 1h19m 28s$601K20x
ShortLighter RH SOL116.680.0096get 0.0012% / 1h19m 28s$2.2M$16.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Vest. 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
$41.7
Price spread: +0.087% → −0.005%
$9.17
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$48.87
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Lighter RH: 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 Vest no order-book sample
Sell Lighter RH live order book, 4 min ago1.46 bp1.5 bp −$12.6 bp −$2619.1 bp −$1,914doesn't fit
Vest: 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
Hibachi SOL/USDT-P−0.0200%1h116.67+0.078%$105K$703K20xas long as short
Kraken Futures PF_SOLUSD−0.0193%1h116.72+0.124%$31.2M$101.8M100xas long as short
Vest SOL-PERPlong−0.0103%1h116.58long leg$601K20x
Hotstuff SOL-PERP−0.0080%1h116.65+0.062%$1K$8K25xas long as short
Bybit SOLUSDT−0.0035%8h116.53−0.038%$754.6M$1.39B100xas long as short
Derive SOL-PERP−0.0030%1h116.64+0.052%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.72+0.121%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.64+0.058%$1.4M$19.1M3.1xas long as short
dYdX SOL-USD+0.0013%1h116.65+0.059%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.70+0.103%$7.6M$405.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSD+0.0064%1h116.64+0.053%$99K$175K20xas long as short
Bullet SOL-USD+0.0071%1h116.69+0.097%$147K$1.6M20xas long as short
Orderly PERP_SOL_USDC+0.0094%8h116.73+0.132%$1.0M$5.9M100xas long as short
Bitget SOLUSDT+0.0095%8h116.59+0.009%$481.1M$446.1M100xas long as short
Lighter SOL+0.0096%1h116.69+0.092%$13.1M$60.4M25xas long as short
Lighter RH SOLshort+0.0096%1h116.68+0.087%$2.2M$16.8M25x
Aevo SOL-PERP+0.0096%1h116.70+0.109%$351K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.55−0.024%$61K$896K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.61+0.027%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.60+0.016%$5.4M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.78+0.174%$703.7M$395.3M20xas long as short
Aster SOLUSDT+0.0100%8h116.60+0.022%$174.6M$183.4M100xas long as short
Pacifica SOL+0.0100%1h116.64+0.056%$15.8M$130.1M20xas long as short
Binance SOLUSDT+0.0100%8h116.60+0.022%$972.7M$3.82B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.61+0.028%$367.9M$1.70B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.60+0.019%$228K$838K10xas long as short
Arcus SOL-USD+0.0100%1h116.63+0.047%$919K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.45−0.107%$133.0M$16.1M20xas long as short
Gate SOL_USDT+0.0100%8h116.66+0.071%$855.3M$666.0M100xas long as short
MEXC SOL_USDT+0.0100%8h116.57−0.007%$365.7M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.60+0.017%$128.9M$223.6M75xas long as short
BingX SOL-USDC+0.0100%8h116.58−0.001%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.66+0.071%$23.0M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.56−0.011%$24.4M$113.5Mas long as short
edgeX SOLUSDC+0.0100%4h116.57−0.010%$93.6M$401.4M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.60+0.020%$47.7M$30.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.69+0.096%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.65+0.062%$1.3M$12.5M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.60+0.019%$320K$2.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.72+0.121%$25K$31K25xas long as short
SunX SOL-USDT+0.0100%8h116.70+0.107%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.70+0.105%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.68+0.088%$226.2M$48.2M75xas long as short
Phemex SOLUSDT+0.0100%8h116.71+0.113%$45.5M$103.2M50xas long as short
Extended SOL-USD+0.0104%1h116.55−0.026%$8.2M$37.7M50xas long as short
Injective SOL/USDC PERP+0.0107%1h116.70+0.105%$4K$2K12xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.61+0.024%$235.6M500xas long as short
Phoenix SOL+0.0151%1h116.58+0.002%$6.5M$13.8M25xas long as short
Deribit SOL_USDC-PERPETUAL+0.0175%1h116.77+0.163%$26.3M$23.3M50xas long as short
Reya SOLRUSDPERP+0.0191%1h116.57−0.005%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.66+0.071%$52.0M$67.3M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0235% / S −0.0178%1h116.71+0.116%$3.6M200xas long as short
Perpl SOL+0.0335%43m116.72+0.121%$138K$3.7M8.3xas long as short
RISEx SOL/USDC+0.0561%1h116.69+0.092%$1.9M$4.8M20xas long as short
Aftermath Perps SOLUSD+0.0567%1h116.69+0.093%$25K$51K20xas long as short