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+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against 01 Exchange+0.026%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$160.160% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.026%, 7d avg −0.030%
Together, before fees−0.135%+ Points / potential airdropLighter RH: Points live · farm board−$14 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 Lighter RH is 0.056% dearer against 01 Exchange than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD117.270.0040pay 0.0005% / 1h57m 07s$100K$162K20x
ShortLighter RH SOL117.300.0096get 0.0012% / 1h57m 07s$2.1M$16.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against 01 Exchange. 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
$11.76
Price spread: +0.026% → −0.030%
$5.6
Slippage, 4 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$1.36
Costs to cover
0.160%
Break-even
6.2 days
Slippage from 01 Exchange: live order book, 7 min ago; Lighter RH: 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 01 Exchange live order book, 7 min ago0.43 bp6.5 bp −$711.0 bp −$110doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.62 bp1.6 bp −$22.2 bp −$2218.8 bp −$1,877doesn't fit

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
Hotstuff SOL-PERP−0.0080%1h117.59+0.277%$920$8K25xas long as short
Vest SOL-PERP−0.0057%1h117.25−0.015%$605K20xas long as short
Kraken Futures PF_SOLUSD−0.0055%1h117.30+0.025%$31.5M$98.3M100xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h117.30+0.029%$56K150xas long as short
dYdX SOL-USD0.0000%1h117.33+0.052%$4.5M$24.1M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.34+0.057%$1.4M$20.1M3.1xas long as short
Derive SOL-PERP+0.0009%1h117.22−0.044%$2.0M$2.8M13xas long as short
HTX SOL-USDT+0.0033%8h117.23−0.036%$227.8M$45.5M75xas long as short
01 Exchange SOLUSDlong+0.0040%1h117.27long leg$100K$162K20x
Deribit SOL_USDC-PERPETUAL+0.0044%1h117.33+0.053%$26.3M$25.3M50xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SOL-PERP-INTX+0.0064%1h117.31+0.038%$8.0M$402.1M50xas long as short
Lighter SOL+0.0072%1h117.29+0.019%$13.0M$58.9M25xas long as short
Hibachi SOL/USDT-P+0.0072%1h117.44+0.148%$100K$690K20xas long as short
BingX SOL-USDC+0.0080%8h117.30+0.025%$10.6Mas long as short
Gate SOL_USDT+0.0086%8h117.29+0.017%$848.3M$641.2M100xas long as short
Orderly PERP_SOL_USDC+0.0088%8h117.30+0.029%$1.0M$5.8M100xas long as short
Lighter RH SOLshort+0.0096%1h117.30+0.026%$2.1M$16.2M25x
Aevo SOL-PERP+0.0096%1h117.30+0.023%$344K$225K20xas long as short
Katana Perps SOL-USD+0.0100%8h117.24−0.026%$67K$840K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h117.28+0.010%$1.0M$516K50xas long as short
Nado SOL-PERP+0.0100%1h117.270.000%$5.8M$40.1M40xas long as short
Aster SOLUSDT+0.0100%8h117.30+0.026%$176.0M$177.4M100xas long as short
Pacifica SOL+0.0100%1h117.34+0.060%$14.5M$127.0M20xas long as short
Binance SOLUSDT+0.0100%8h117.32+0.043%$967.2M$3.73B100xas long as short
Bybit SOLUSDT+0.0100%8h117.34+0.060%$819.8M$1.24B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h117.35+0.068%$365.5M$1.63B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h117.37+0.085%$238K$849K10xas long as short
Arcus SOL-USD+0.0100%1h117.28+0.011%$2.0M$9.0M20xas long as short
MEXC SOL_USDT+0.0100%8h117.35+0.068%$423.5M$1.06B300xas long as short
KuCoin SOLUSDTM+0.0100%8h117.36+0.078%$130.4M$211.1M75xas long as short
Bitget SOLUSDT+0.0100%8h117.33+0.051%$486.4M$433.8M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h117.35+0.068%$23.7M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h117.45+0.157%$24.3M$120.0Mas long as short
edgeX SOLUSDC+0.0100%4h117.44+0.141%$94.3M$405.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h117.55+0.235%$48.2M$28.7M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h117.56+0.247%$1.5M$6.0M50xas long as short
StandX SOL-USD+0.0100%1h117.49+0.188%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.26−0.009%$352K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h117.31+0.034%$201K$1.6M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.270.000%$25K$28K25xas long as short
SunX SOL-USDT+0.0100%8h117.28+0.008%$190K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.29+0.017%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.33+0.051%$45.7M$100.3M50xas long as short
Bulk SOL-USD+0.0100%1h117.46+0.158%$134.5M$14.2M20xas long as short
Phoenix SOL+0.0101%1h117.53+0.222%$6.5M$13.2M25xas long as short
Extended SOL-USD+0.0104%1h117.26−0.010%$8.2M$36.0M50xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h117.43+0.138%$221.2M500xas long as short
RISEx SOL/USDC+0.0136%1h117.32+0.044%$1.9M$4.9M20xas long as short
Hyperliquid SOL+0.0170%1h117.43+0.136%$716.6M$395.5M20xas long as short
Reya SOLRUSDPERP+0.0189%1h117.25−0.019%$1.1M$523K25xas long as short
Injective SOL/USDC PERP+0.0218%1h117.45+0.153%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0232% / S −0.0170%1h117.30+0.027%$3.5M200xas long as short
Aftermath Perps SOLUSD+0.0363%1h117.48+0.177%$25K$51K20xas long as short
Perpl SOL+0.0447%43m117.34+0.056%$128K$3.8M8.3xas long as short