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

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.16 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against Bitget−0.038%7-day average +0.014% · 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+0.023%+$2 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.038%, 7d avg +0.014%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.052% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOLUSDT118.050.0100pay 0.0100% / 8h6h 50m$490.0M$445.5M100x
ShortOrderly PERP_SOL_USDC118.010.0084get 0.0084% / 8h6h 50m$1.1M$5.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
−$3.45
Price spread: −0.038% → +0.014%
−$5.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$26.62
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: 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 Bitget live order book, 3 min ago0.04 bp7.6 bp −$88.7 bp −$8712.1 bp −$1,210doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SOLUSDT−0.0556%1h117.84−0.180%$1.5M$6.1M50xas long as short
Hibachi SOL/USDT-P−0.0088%1h118.00−0.047%$92K$705K20xas long as short
Hotstuff SOL-PERP−0.0080%1h117.92−0.109%$922$8K25xas long as short
Vest SOL-PERP−0.0078%1h117.86−0.161%$610K20xas long as short
HTX SOL-USDT−0.0058%8h117.92−0.108%$229.4M$44.9M75xas long as short
Gate SOL_USDT−0.0044%8h118.01−0.036%$847.2M$651.2M100xas long as short
Derive SOL-PERP−0.0022%1h117.91−0.121%$2.0M$2.7M13xas long as short
gTrade (Gains Network) SOL/USDL 0.0000% / S +0.0004%1h117.97−0.066%$53K150xas long as short
dYdX SOL-USD0.0000%1h117.93−0.102%$4.5M$25.9M20xas long as short
Kalshi KXSOLPERP0.0000%8h117.91−0.124%$1.5M$21.4M3.1xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl SOL0.0000%43m117.96−0.080%$131K$4.0M8.3xas long as short
RISEx SOL/USDC+0.0018%1h117.94−0.096%$1.8M$4.6M20xas long as short
Kraken Futures PF_SOLUSD+0.0049%1h118.00−0.048%$31.6M$98.7M100xas long as short
Deribit SOL_USDC-PERPETUAL+0.0053%1h118.02−0.026%$26.4M$25.3M50xas long as short
01 Exchange SOLUSD+0.0072%1h117.95−0.086%$102K$162K20xas long as short
Coinbase International SOL-PERP-INTX+0.0072%1h118.02−0.028%$7.9M$411.0M50xas long as short
BingX SOL-USDT+0.0080%8h118.07+0.013%$369.7Mas long as short
Orderly PERP_SOL_USDCshort+0.0084%8h118.01−0.038%$1.1M$5.9M100x
Lighter SOL+0.0096%1h117.99−0.053%$13.5M$58.1M25xas long as short
Lighter RH SOL+0.0096%1h117.98−0.064%$2.2M$16.7M25xas long as short
Aevo SOL-PERP+0.0096%1h117.99−0.053%$346K$264K20xas long as short
Paradex SOL-USD-PERP+0.0099%8h117.83−0.187%$1.0M$520K50xas long as short
Katana Perps SOL-USD+0.0100%8h117.89−0.137%$45K$819K20xas long as short
Nado SOL-PERP+0.0100%1h117.86−0.163%$5.7M$41.5M40xas long as short
Aster SOLUSDT+0.0100%8h118.04−0.012%$177.5M$181.1M100xas long as short
Pacifica SOL+0.0100%1h117.90−0.125%$12.8M$128.1M20xas long as short
Binance SOLUSDT+0.0100%8h118.07+0.015%$977.4M$3.81B100xas long as short
Bybit SOLUSDT+0.0100%8h118.09+0.032%$821.9M$1.29B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h118.05−0.002%$367.3M$1.69B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h118.10+0.041%$239K$909K10xas long as short
Arcus SOL-USD+0.0100%1h117.94−0.098%$2.0M$8.9M20xas long as short
Bulk SOL-USD+0.0100%1h118.15+0.083%$136.0M$13.0M20xas long as short
MEXC SOL_USDT+0.0100%8h118.03−0.019%$422.6M$1.10B300xas long as short
KuCoin SOLUSDTM+0.0100%8h118.03−0.017%$133.7M$207.6M75xas long as short
Bitget SOLUSDTlong+0.0100%8h118.05long leg$490.0M$445.5M100x
Backpack SOL_USDC_PERP+0.0100%1h118.00−0.044%$23.8M$36.9M50xas long as short
Variational Omni SOL+0.0100%8h117.97−0.072%$24.4M$129.6Mas long as short
edgeX SOLUSDC+0.0100%4h117.73−0.273%$94.6M$402.8M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h118.06+0.008%$48.4M$29.6M20xas long as short
StandX SOL-USD+0.0100%1h117.86−0.163%$1.3M$13.4M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h117.89−0.137%$352K$2.3M20xas long as short
Bullet SOL-USD+0.0100%1h117.97−0.069%$200K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h117.97−0.074%$37K$16K25xas long as short
SunX SOL-USDT+0.0100%8h117.98−0.065%$191K$1.8M30xas long as short
SoDEX SOL-USD+0.0100%1h117.98−0.061%$6.2M$10.8M20xas long as short
Phemex SOLUSDT+0.0100%8h117.98−0.061%$45.9M$101.2M50xas long as short
Phoenix SOL+0.0101%1h118.00−0.044%$6.5M$13.5M25xas long as short
Extended SOL-USD+0.0104%1h118.00−0.045%$8.2M$35.9M50xas long as short
Hyperliquid SOL+0.0108%1h118.10+0.041%$717.8M$401.1M20xas long as short
Jupiter Perps SOL-PERPL +0.0112% / S +0.0056%1h118.01−0.033%$228.6M500xas long as short
Reya SOLRUSDPERP+0.0187%1h117.88−0.147%$1.1M$524K25xas long as short
BloFin SOL-USDT+0.0220%8h118.00−0.044%$52.2M$74.3M125xas long as short
Injective SOL/USDC PERP+0.0222%1h119.50+1.227%$4K$2K12xas long as short
GMX SOL/USD [SOL-USDC]L +0.0233% / S −0.0167%1h117.97−0.071%$3.7M200xas long as short
Aftermath Perps SOLUSD+0.0296%1h118.03−0.023%$25K$51K20xas long as short