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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.34 per $10,000 · paid last 24h −0.011%
Price spread now: Orderly against Aster−0.044%49s7-day average −0.006% · you buy dearer than you sell
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−0.015%−$1 on $10k
Price spread, last 3 days (all we have)−0.121%−$12 · spread now −0.044%, 7d avg −0.006%
Together, before fees−0.136%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.038% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOLUSDT119.740.0100pay 0.0100% / 8h1h 41m$179.2M$175.9M100x
ShortOrderly PERP_SOL_USDC119.690.0066get 0.0066% / 8h1h 41m$1.1M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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
−$7.13
Price spread: −0.044% → −0.006%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$24.95
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago0.42 bp5.0 bp −$55.2 bp −$527.5 bp −$75038.5 bp −$19.3K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin SOL-PERP−0.0474%1h119.69−0.041%$37K$17K25xas long as short
Derive SOL-PERP−0.0095%1h119.59−0.124%$2.0M$3.0M13xas long as short
Hotstuff SOL-PERP−0.0080%1h119.73−0.008%$849$8K25xas long as short
Vest SOL-PERP−0.0064%1h119.58−0.132%$722K20xas long as short
dYdX SOL-USD−0.0002%1h119.74−0.004%$4.9M$27.2M20xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h119.72−0.018%$55K150xas long as short
Kalshi KXSOLPERP0.0000%8h119.69−0.047%$1.2M$20.6M3.1xas long as short
Perpl SOL0.0000%43m119.66−0.069%$179K$4.0M8.3xas long as short
Hibachi SOL/USDT-P+0.0008%1h119.53−0.180%$120K$611K20xas long as short
Phoenix SOL+0.0054%1h119.50−0.202%$6.6M$13.6M25xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SOLUSD+0.0062%1h119.43−0.257%$24K$47K20xas long as short
Orderly PERP_SOL_USDCshort+0.0066%8h119.69−0.044%$1.1M$5.9M100x
HTX SOL-USDT+0.0074%8h119.66−0.072%$233.1M$44.5M75xas long as short
BingX SOL-USDC+0.0080%8h119.75+0.007%$10.5Mas long as short
01 Exchange SOLUSD+0.0088%1h119.74−0.002%$105K$153K20xas long as short
Gate SOL_USDT+0.0090%8h119.72−0.018%$873.7M$679.1M100xas long as short
Lighter SOL+0.0096%1h119.72−0.016%$13.7M$55.5M25xas long as short
Lighter RH SOL+0.0096%1h119.71−0.030%$2.1M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h119.65−0.076%$354K$748K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h119.71−0.028%$1.1M$523K50xas long as short
Katana Perps SOL-USD+0.0100%8h119.71−0.027%$46K$790K20xas long as short
Nado SOL-PERP+0.0100%1h119.70−0.031%$6.2M$41.5M40xas long as short
Hyperliquid SOL+0.0100%1h119.86+0.098%$722.4M$415.9M20xas long as short
Aster SOLUSDTlong+0.0100%8h119.74long leg$179.2M$175.9M100x
Pacifica SOL+0.0100%1h119.76+0.013%$12.4M$116.7M20xas long as short
Binance SOLUSDT+0.0100%8h119.71−0.029%$986.5M$3.79B100xas long as short
Bybit SOLUSDT+0.0100%8h119.76+0.015%$827.4M$1.27B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h119.69−0.044%$373.0M$1.72B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h119.74−0.002%$234K$889K10xas long as short
Arcus SOL-USD+0.0100%1h119.81+0.058%$2.0M$8.9M20xas long as short
MEXC SOL_USDT+0.0100%8h119.75+0.007%$459.1M$1.11B300xas long as short
KuCoin SOLUSDTM+0.0100%8h119.74−0.003%$141.2M$199.8M75xas long as short
Bitget SOLUSDT+0.0100%8h119.74+0.001%$496.9M$454.2M100xas long as short
Backpack SOL_USDC_PERP+0.0100%1h119.73−0.010%$24.2M$38.7M50xas long as short
Variational Omni SOL+0.0100%8h119.38−0.299%$27.7M$127.8Mas long as short
edgeX SOLUSDC+0.0100%4h119.51−0.196%$96.0M$398.0M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h119.44−0.254%$48.9M$32.0M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h119.49−0.210%$1.5M$6.2M50xas long as short
StandX SOL-USD+0.0100%1h119.68−0.052%$1.4M$13.3M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h119.68−0.052%$366K$2.4M20xas long as short
Bullet SOL-USD+0.0100%1h119.69−0.045%$201K$1.7M20xas long as short
SunX SOL-USDT+0.0100%8h119.70−0.036%$194K$1.9M30xas long as short
SoDEX SOL-USD+0.0100%1h119.69−0.044%$6.3M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h119.70−0.035%$46.8M$101.9M50xas long as short
Bulk SOL-USD+0.0100%1h119.75+0.005%$134.3M$8.4M20xas long as short
Deribit SOL_USDC-PERPETUAL+0.0102%1h119.740.000%$26.8M$27.6M50xas long as short
Extended SOL-USD+0.0104%1h119.73−0.012%$8.7M$36.3M50xas long as short
Coinbase International SOL-PERP-INTX+0.0112%1h119.74−0.002%$8.2M$415.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h119.70−0.031%$221.8M500xas long as short
Kraken Futures PF_SOLUSD+0.0149%1h119.70−0.035%$32.7M$95.3M100xas long as short
GMX SOL/USD [SOL-USDC]L +0.0171% / S −0.0089%1h119.72−0.017%$3.6M200xas long as short
Reya SOLRUSDPERP+0.0181%1h119.66−0.065%$1.1M$558K25xas long as short
RISEx SOL/USDC+0.0192%1h119.78+0.033%$1.7M$5.9M20xas long as short
Injective SOL/USDC PERP+0.0213%1h119.13−0.511%$4K$2K12xas long as short
BloFin SOL-USDT+0.0220%8h119.52−0.186%$52.1M$82.5M125xas long as short