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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0447%/8h= +48.9% APRpaid last 24h +0.037%
Price spread now: RISEx against Aster+0.068%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.101%+$10 on $10k
Price spread, last 7 days−0.063%−$6 · spread now +0.068%, 7d avg −0.005%
Together, before fees+0.038%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 0.073% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.101% in total (about 10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SOLUSDT116.070.0100pay 0.0100% / 8h2h 41m$174.0M$183.3M100x
ShortRISEx SOL/USDC116.150.0547get 0.0068% / 1h41m 29s$1.9M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$93.84
Price spread: +0.068% → −0.005%
$7.33
Slippage, 4 orders
−$3.97
Fee Aster: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$83.2
Costs to cover
0.180%
Break-even
0.8 days
Slippage from Aster: live order book, 3 min ago; RISEx: 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 Aster live order book, 3 min ago0.43 bp4.8 bp −$55.2 bp −$527.9 bp −$79436.8 bp −$18.4K
Sell RISEx live order book, 2 min ago0.04 bp5.7 bp −$68.5 bp −$85doesn't fitdoesn't fit

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
Kraken Futures PF_SOLUSD−0.0240%1h116.21+0.121%$31.5M$103.2M100xas long as short
Hibachi SOL/USDT-P−0.0224%1h116.22+0.126%$104K$705K20xas long as short
Vest SOL-PERP−0.0123%1h116.09+0.018%$625K20xas long as short
Bybit SOLUSDT−0.0115%8h116.04−0.027%$741.7M$1.41B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.22+0.132%$1K$8K25xas long as short
Derive SOL-PERP−0.0051%1h116.12+0.046%$1.9M$2.9M13xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.04−0.028%$42K150xas long as short
01 Exchange SOLUSD0.0000%1h116.09+0.016%$99K$176K20xas long as short
Kalshi KXSOLPERP0.0000%8h116.25+0.157%$1.4M$19.1M3.1xas long as short
Perpl SOL0.0000%43m116.10+0.027%$112K$3.7M8.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX SOL-USD+0.0015%1h116.17+0.087%$4.4M$24.2M20xas long as short
Coinbase International SOL-PERP-INTX+0.0048%1h116.23+0.137%$7.7M$404.5M50xas long as short
Bullet SOL-USD+0.0049%1h116.04−0.028%$147K$1.6M20xas long as short
Bitget SOLUSDT+0.0072%8h116.06−0.011%$480.5M$450.7M100xas long as short
Orderly PERP_SOL_USDC+0.0095%8h116.23+0.136%$1.0M$5.9M100xas long as short
Lighter SOL+0.0096%1h116.16+0.076%$13.0M$60.6M25xas long as short
Lighter RH SOL+0.0096%1h116.12+0.039%$2.2M$16.6M25xas long as short
Aevo SOL-PERP+0.0096%1h116.19+0.103%$349K$247K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.05−0.018%$65K$899K20xas long as short
Paradex SOL-USD-PERP+0.0100%8h116.13+0.052%$1.0M$551K50xas long as short
Nado SOL-PERP+0.0100%1h116.07+0.002%$5.3M$40.4M40xas long as short
Hyperliquid SOL+0.0100%1h116.17+0.085%$697.4M$394.1M20xas long as short
Aster SOLUSDTlong+0.0100%8h116.07long leg$174.0M$183.3M100x
Pacifica SOL+0.0100%1h116.17+0.082%$15.7M$130.3M20xas long as short
Binance SOLUSDT+0.0100%8h116.09+0.013%$968.1M$3.85B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.08+0.008%$365.6M$1.71B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.07−0.001%$213K$869K10xas long as short
Arcus SOL-USD+0.0100%1h116.13+0.047%$915K$8.8M20xas long as short
Bulk SOL-USD+0.0100%1h116.24+0.143%$130.1M$16.3M20xas long as short
Gate SOL_USDT+0.0100%8h116.15+0.068%$848.6M$660.7M100xas long as short
MEXC SOL_USDT+0.0100%8h116.05−0.018%$366.8M$1.07B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.070.000%$123.5M$227.8M75xas long as short
BingX SOL-USDC+0.0100%8h116.07+0.001%$10.6Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.20+0.111%$22.9M$40.1M50xas long as short
Variational Omni SOL+0.0100%8h116.26+0.167%$25.0M$114.1Mas long as short
edgeX SOLUSDC+0.0100%4h116.27+0.172%$93.3M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.31+0.206%$47.6M$30.9M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.31+0.206%$1.2M$6.7M50xas long as short
StandX SOL-USD+0.0100%1h116.21+0.120%$1.3M$12.0M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.08+0.008%$319K$2.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.19+0.098%$25K$33K25xas long as short
SunX SOL-USDT+0.0100%8h116.20+0.113%$189K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h116.20+0.111%$6.1M$10.8M20xas long as short
HTX SOL-USDT+0.0100%8h116.16+0.077%$225.2M$48.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.22+0.128%$45.3M$103.7M50xas long as short
Extended SOL-USD+0.0104%1h116.04−0.024%$8.1M$38.4M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0114%1h116.26+0.163%$26.2M$22.8M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0048%1h116.21+0.120%$238.0M500xas long as short
Injective SOL/USDC PERP+0.0173%1h116.55+0.412%$4K$2K12xas long as short
Phoenix SOL+0.0179%1h116.27+0.171%$6.5M$13.7M25xas long as short
Reya SOLRUSDPERP+0.0193%1h116.06−0.007%$1.1M$542K25xas long as short
BloFin SOL-USDT+0.0220%8h116.20+0.111%$51.9M$67.4M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0173%1h116.05−0.019%$3.5M200xas long as short
RISEx SOL/USDCshort+0.0547%1h116.15+0.068%$1.9M$4.8M20x
Aftermath Perps SOLUSD+0.0596%1h116.34+0.227%$25K$52K20xas long as short