Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.006%

Price spread now: Orderly against Aevo+0.021%7-day average +0.022% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.021%, 7d avg +0.022%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SOL-PERP	115.81	0.0096	pay 0.0012% / 1h	40m 19s	$348K	$247K	20x
Short	Orderly PERP_SOL_USDC	115.83	0.0095	get 0.0095% / 8h	2h 40m	$1.0M	$5.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee OrderlybpOrdersPrice spread, now +0.021%Rate

Funding earned: −$0.25
Price spread: +0.021% → +0.022%: −$0.14
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$22.38
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 9 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo live order book, 9 min ago	7.04 bp	16.2 bp −$16	22.2 bp −$222	32.6 bp −$3,257	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	−0.0241%	1h	115.82	+0.011%	$31.5M	$103.6M	100x	as long as short
Hibachi SOL/USDT-P	−0.0224%	1h	116.07	+0.224%	$104K	$705K	20x	as long as short
Vest SOL-PERP	−0.0122%	1h	115.83	+0.016%	—	$625K	20x	as long as short
Bybit SOLUSDT	−0.0115%	8h	115.78	−0.025%	$740.1M	$1.41B	100x	as long as short
Derive SOL-PERP	−0.0097%	1h	115.73	−0.071%	$1.9M	$2.9M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	115.85	+0.032%	$1K	$8K	25x	as long as short
BingX SOL-USDT	−0.0029%	8h	115.82	+0.013%	—	$367.8M	—	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	115.83	+0.023%	$41K	—	150x	as long as short
01 Exchange SOLUSD	0.0000%	1h	115.78	−0.025%	$98K	$177K	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	115.81	−0.001%	$1.5M	$19.2M	3.1x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl SOL	0.0000%	43m	115.78	−0.023%	$112K	$3.7M	8.3x	as long as short
dYdX SOL-USD	+0.0014%	1h	115.75	−0.052%	$4.3M	$24.6M	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	115.82	+0.011%	$7.7M	$403.5M	50x	as long as short
Bullet SOL-USD	+0.0050%	1h	115.81	−0.002%	$146K	$1.6M	20x	as long as short
Bitget SOLUSDT	+0.0071%	8h	115.79	−0.018%	$479.3M	$453.8M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0077%	1h	115.87	+0.054%	$26.2M	$22.4M	50x	as long as short
Orderly PERP_SOL_USDCshort	+0.0095%	8h	115.83	+0.021%	$1.0M	$5.9M	100x
Lighter SOL	+0.0096%	1h	115.80	−0.008%	$12.9M	$60.7M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	115.79	−0.015%	$2.2M	$16.8M	25x	as long as short
Aevo SOL-PERPlong	+0.0096%	1h	115.81	long leg	$348K	$247K	20x
Katana Perps SOL-USD	+0.0099%	8h	115.71	−0.085%	$65K	$906K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	115.73	−0.066%	$1.0M	$551K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	115.75	−0.054%	$5.2M	$40.5M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	115.86	+0.044%	$689.0M	$400.4M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	115.78	−0.028%	$173.5M	$183.6M	100x	as long as short
Pacifica SOL	+0.0100%	1h	115.78	−0.023%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	115.81	+0.001%	$965.8M	$3.86B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	115.82	+0.010%	$360.5M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.71	−0.085%	$213K	$872K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	115.77	−0.031%	$912K	$8.8M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.24	+0.370%	$130.1M	$16.3M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	115.78	−0.025%	$843.3M	$661.9M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	115.83	+0.018%	$354.1M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	115.79	−0.017%	$123.3M	$227.9M	75x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	115.82	+0.010%	$22.8M	$40.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.96	+0.127%	$25.0M	$114.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	116.27	+0.399%	$93.3M	$402.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.31	+0.433%	$47.6M	$30.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.31	+0.433%	$1.2M	$6.7M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.12	+0.269%	$1.3M	$12.0M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	115.78	−0.025%	$316K	$2.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	115.80	−0.012%	$25K	$33K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	115.81	+0.004%	$188K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	115.80	−0.008%	$6.0M	$10.9M	20x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.71	−0.082%	$224.2M	$49.9M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	115.82	+0.010%	$45.1M	$103.6M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	115.77	−0.038%	$8.0M	$38.6M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	115.77	−0.038%	—	$238.7M	500x	as long as short
Injective SOL/USDC PERP	+0.0173%	1h	116.55	+0.640%	$4K	$2K	12x	as long as short
Phoenix SOL	+0.0179%	1h	116.27	+0.398%	$6.5M	$13.7M	25x	as long as short
Reya SOLRUSDPERP	+0.0193%	1h	115.78	−0.024%	$1.1M	$542K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	115.81	+0.001%	$51.7M	$67.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0173%	1h	115.82	+0.013%	$3.5M	—	200x	as long as short
RISEx SOL/USDC	+0.0547%	1h	115.81	−0.001%	$1.9M	$4.9M	20x	as long as short
Aftermath Perps SOLUSD	+0.0596%	1h	116.24	+0.375%	$25K	$52K	20x	as long as short