Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Ondo Perps against Bitget+0.047%7-day average −0.002% · you sell dearer than you buy

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

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 7 days−0.292%−$29 · spread now +0.047%, 7d avg −0.002%

Together, before fees−0.187%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.049% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SOLUSDT	119.66	0.0100	pay 0.0100% / 8h	2h 17m	$500.1M	$452.1M	100x
Short	Ondo Perps SOL-USD.P	119.72	0.0100	get 0.0013% / 1h	17m 42s	$235K	$874K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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 BitgetbpFee Ondo PerpsbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.002%: $4.89
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.11
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 min ago; Ondo Perps: 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 Bitget live order book, 1 min ago	0.04 bp	7.1 bp −$7	7.5 bp −$75	11.4 bp −$1,144	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Injective SOL/USDC PERP	−0.0151%	1h	119.15	−0.430%	$4K	$2K	12x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	119.70	+0.028%	$849	$8K	25x	as long as short
Vest SOL-PERP	−0.0074%	1h	119.72	+0.049%	—	$724K	20x	as long as short
Derive SOL-PERP	−0.0045%	1h	119.67	+0.007%	$2.0M	$3.2M	13x	as long as short
dYdX SOL-USD	−0.0002%	1h	119.70	+0.033%	$5.0M	$27.0M	20x	as long as short
gTrade (Gains Network) SOL/USD	L 0.0000% / S +0.0004%	1h	119.78	+0.095%	$55K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	119.76	+0.079%	$1.2M	$20.7M	3.1x	as long as short
Perpl SOL	0.0000%	43m	119.78	+0.100%	$180K	$4.0M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0006%	1h	119.80	+0.113%	$26.9M	$27.7M	50x	as long as short
Aftermath Perps SOLUSD	+0.0025%	1h	119.64	−0.019%	$24K	$47K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SOL-USDT	+0.0054%	8h	119.67	+0.006%	$233.1M	$44.6M	75x	as long as short
Hibachi SOL/USDT-P	+0.0056%	1h	119.86	+0.166%	$120K	$622K	20x	as long as short
Orderly PERP_SOL_USDC	+0.0062%	8h	119.77	+0.090%	$1.1M	$5.9M	100x	as long as short
01 Exchange SOLUSD	+0.0072%	1h	119.67	+0.005%	$105K	$152K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	119.71	+0.042%	—	$373.6M	—	as long as short
Gate SOL_USDT	+0.0091%	8h	119.68	+0.013%	$874.0M	$687.5M	100x	as long as short
Lighter SOL	+0.0096%	1h	119.72	+0.045%	$13.7M	$55.0M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	119.68	+0.015%	$2.1M	$17.0M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	119.75	+0.068%	$355K	$747K	20x	as long as short
Paradex SOL-USD-PERP	+0.0099%	8h	119.70	+0.029%	$1.0M	$523K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	119.72	+0.047%	$49K	$788K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	119.75	+0.072%	$6.3M	$42.0M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	119.79	+0.105%	$723.4M	$413.8M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	119.72	+0.048%	$180.2M	$176.0M	100x	as long as short
Pacifica SOL	+0.0100%	1h	119.75	+0.075%	$12.4M	$115.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	119.65	−0.012%	$980.9M	$3.78B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	119.63	−0.028%	$827.2M	$1.27B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	119.70	+0.030%	$372.5M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.Pshort	+0.0100%	1h	119.72	+0.047%	$235K	$874K	10x
Arcus SOL-USD	+0.0100%	1h	119.76	+0.080%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	119.66	−0.005%	$134.1M	$11.3M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	119.72	+0.047%	$439.8M	$1.12B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	119.73	+0.054%	$141.4M	$197.7M	75x	as long as short
Bitget SOLUSDTlong	+0.0100%	8h	119.66	long leg	$500.1M	$452.1M	100x
Backpack SOL_USDC_PERP	+0.0100%	1h	119.71	+0.038%	$24.4M	$38.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	119.82	+0.129%	$27.5M	$127.6M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	119.86	+0.164%	$96.3M	$401.8M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	119.72	+0.049%	$49.0M	$33.3M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	119.75	+0.068%	$1.5M	$6.2M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	119.81	+0.122%	$1.4M	$13.3M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	119.77	+0.089%	$371K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	119.76	+0.079%	$202K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	119.76	+0.081%	$38K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	119.75	+0.073%	$195K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	119.73	+0.055%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	119.73	+0.055%	$46.8M	$101.4M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	119.68	+0.017%	$8.8M	$36.9M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0112%	1h	119.78	+0.093%	$8.2M	$418.2M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	119.77	+0.090%	—	$220.9M	500x	as long as short
Phoenix SOL	+0.0154%	1h	119.75	+0.072%	$6.6M	$12.5M	25x	as long as short
RISEx SOL/USDC	+0.0175%	1h	119.70	+0.033%	$1.6M	$6.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0179%	1h	119.76	+0.078%	$1.1M	$562K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	119.69	+0.022%	$51.7M	$87.0M	125x	as long as short
Kraken Futures PF_SOLUSD	+0.0222%	1h	119.76	+0.078%	$35.7M	$91.2M	100x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0237% / S −0.0172%	1h	119.77	+0.091%	$3.6M	—	200x	as long as short